Carrier Global Corp. (CARR)

Carrier Global Corp. experienced several stock events in the past six months. The Q4 2024 earnings report showed strong financial results, but the stock was down 17.6% since the report as of April 11, 2025. The Q1 2025 earnings report showed strong results, and the stock was up 20.7% since the report as of July 16, 2025. Analyst ratings were changed by JP Morgan, Barclays, Wells Fargo & Company, Melius Research, and Mizuho. Director Maximilian Viessmann sold shares of the company's stock. A quarterly dividend of $0.225 per share was announced. Strategic partnerships and investments were made with Google Cloud and Addvolt SA, and plans were unveiled to invest an additional $1 billion in U.S. operations.

Demand for Carrier Global Corp.'s products and services is influenced by seasonal factors, with higher demand for cooling products during warmer months and heating products during colder months. Residential HVAC orders in North America increased by 30% in Q1 2025, and global commercial HVAC orders saw a 15% increase in Q1 2025. The seasonality going into July suggests a positive trend. The company is strategically positioned to capitalize on multi-year secular trends.

Carrier Global Corp. is a multinational corporation specializing in intelligent climate and energy solutions, focusing on HVAC and transport refrigeration. The company has divested most of its Fire & Security and Commercial Refrigeration businesses to focus on climate and energy solutions. Key brands include Carrier, Viessmann, and Toshiba.

Carrier Global Corp. has a global presence, serving customers in over 160 countries. Approximately 50% of its sales are generated in the United States, with the remaining 50% distributed across Europe, Asia, and the Middle East. The company operates 97 manufacturing facilities in 25 countries, including the United States, China, and Europe.

Carrier Global Corp. places significant importance on its brand reputation, customer service, and product quality. The company unveiled a new brand identity and purpose, encapsulated by the tagline "For the World We Share." Carrier was honored with the World Environment Center's 2024 Gold Medal Award for Corporate Sustainability. Carrier unveiled its TechVantage Initiative, announcing a major investment in its U.S. workforce. Carrier Japan received Gold Honor in the 2024 PRIDE Index Japan, recognizing its efforts in diversity and inclusion.

Carrier Global Corp. is primarily owned by institutional shareholders, who hold approximately 82.72% of the company's stock. Insiders own about 6.03%, and retail investors hold 11.25%. Major institutional owners include Vanguard Group Inc, Capital Research Global Investors, Capital International Investors, BlackRock, Inc., State Street Corp, and Jpmorgan Chase & Co. Maximilian Viessmann is the largest individual shareholder.