New insider activity at Carrier Global ( (CARR) ) has taken place on February 20, 2025.
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Kyle Crockett, the Vice President, Controller & Chief Accounting Officer of Carrier Global, has recently sold 18,945 shares of the company’s stock. This transaction was valued at a total of $1,234,835.
Recent Updates on CARR stock
Carrier Global recently saw multiple analyst actions reflecting mixed sentiments. Mizuho upgraded the company’s rating to Outperform, citing a significant valuation de-rate despite stable core earnings and strong free cash flow generation. The firm’s strategic actions and share buybacks were also noted as positive factors. However, RBC Capital lowered its price target due to concerns over the company’s risk from its substantial $12.3 billion debt, which could impact cash flow and growth potential, despite ongoing commercial HVAC momentum and promising data center expectations. Barclays also reduced its price target, pointing to better-than-expected orders and a favorable 2025 earnings outlook, though they still deemed the shares as undervalued. Overall, Carrier’s strategic investments and market position in the cooling solutions sector, particularly in data centers, remain pivotal in analyst assessments.
More about Carrier Global
YTD Price Performance: -2.55%
Average Trading Volume: 5,364,308
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $57.82B