Carrier Global Corporation (CARR) Stock News, May-Jul 2025

Carrier (NYSE:CARR) has announced significant enhancements to its Abound Insights Assistant app, designed to improve building management efficiency. The upgraded app now provides AI-powered insights and recommendations for over 25 categories of commercial building equipment, including HVAC, refrigeration, and controls.

Key improvements include an enhanced 'To-Do List' feature, equipment health dashboard, and Live Connect functionality that offers real-time data access and AI-generated repair recommendations. The app can now detect potential issues like refrigerant leaks and provide detailed warnings and maintenance guidance. The Site Summary feature has been updated to include reports highlighting sites and assets requiring attention.

Carrier Global Corporation (NYSE: CARR) has announced a major environmental initiative in collaboration with the Arbor Day Foundation, pledging to plant 5 million trees by 2030. The program, titled 'For the Air We Breathe, For the World We Share,' will involve planting 1 million trees annually for five years. The initiative aims to improve air quality, generate oxygen, filter water, and restore vulnerable ecosystems. Carrier will engage both customers and employees in selecting initial planting locations and participating in local tree-planting activities. The company will also focus on urban forestry efforts to combat extreme heat in communities where employees are present, with strategic tree planting capable of reducing urban temperatures by up to 10 degrees Fahrenheit.

Carrier Global Corporation (NYSE: CARR) has announced a quarterly dividend of $0.225 per share of common stock. The dividend will be paid on August 8, 2025, to shareholders of record as of July 21, 2025. Carrier, a global leader in intelligent climate and energy solutions, continues its commitment to delivering shareholder value through regular dividend payments. The company, which invented modern air conditioning in 1902, focuses on innovations in climate solutions, including temperature control, air quality, and transportation solutions.

Carrier Global Corporation (NYSE: CARR) has unveiled a comprehensive brand transformation, introducing a new brand identity and purpose statement: 'Enhancing the lives we live and the world we share.' The company launched a new tagline 'For the World We Share' while retaining its iconic blue oval logo. The rebranding includes a modern visual identity with a contemporary color palette, supported by a new advertising campaign across national media and streaming platforms. This transformation reflects Carrier's evolution into a higher-growth, higher-value company focused on intelligent climate and energy solutions. The campaign will showcase the company's global impact through human-centric stories highlighting sustainability and innovation, demonstrating how Carrier's solutions improve lives and shape a more sustainable future.

Carrier Global Corporation (NYSE: CARR) hosted its 2025 Investor Day at the NYSE, unveiling its medium-term financial framework and growth strategy. The company, a leader in intelligent climate and energy solutions, presented ambitious targets including 6-8% organic sales growth per year, over 50 basis points of adjusted operating margin expansion annually, and mid-teens adjusted EPS growth. CEO David Gitlin highlighted Carrier's transformed portfolio - now simplified, focused, and balanced - and announced approximately $15 billion available for deployment over the medium-term for shareholder value creation. The company emphasized its strong track record in margin expansion and free cash flow generation, targeting ~100% free cash flow conversion. The strategy focuses on differentiated product offerings, aftermarket solutions, and advanced systems to expand customer value.

Carrier Global Corporation (NYSE: CARR) has announced that Chairman & CEO David Gitlin and Senior Vice President & CFO Patrick Goris will participate in the Wolfe Research 18th Annual Global Transportation & Industrials Conference. The presentation is scheduled for Tuesday, May 20, 2025, at 10:25 a.m. ET. Investors and interested parties can access the live broadcast through ir.carrier.com, with a replay available after the event.

Carrier Global Corporation is a leading provider of intelligent climate and energy solutions, known for pioneering new technologies and industries. The company maintains its leadership position through its diverse workforce and customer-centric approach.

Carrier Global Corporation (NYSE: CARR) has announced a significant $1 billion investment over five years in U.S. manufacturing, innovation, and workforce expansion. The investment will create 4,000 new highly skilled jobs across R&D, manufacturing, and field service sectors. The company plans to expand existing facilities and construct a new state-of-the-art manufacturing site for heat pump components and battery assemblies for their Home Energy Management System (HEMS).

The investment includes the TechVantage initiative, which aims to hire 1,000 U.S. service technicians and train over 100,000 climate solutions professionals. Carrier, the largest U.S.-headquartered company in its industry, has grown its U.S. workforce by approximately 20% over the past five years.

Carrier Global Corporation (NYSE: CARR) has completed the acquisition of Addvolt, S.A., a Portuguese transport electrification technology company. Addvolt specializes in patented, non-invasive electric systems for refrigerated transportation, helping reduce emissions and fuel usage. The acquisition strengthens Carrier's electrification strategy by providing advanced technology, integrated power management, and real-time energy management software.

Addvolt, which was Carrier Ventures' first investment in 2022, has approximately 60 employees who will join Carrier's Climate Solutions Transportation segment. The company's technology is already being utilized in Europe through Carrier Transicold's Vector® eCool, the world's first fully autonomous electric trailer refrigeration system.

Carrier Global (NYSE:CARR) reported strong Q1 2025 financial results with adjusted EPS up 27% to $0.65 and adjusted operating margin expanding 210 basis points despite a 4% decline in net sales to $5.2B. The company achieved 2% organic sales growth, with Commercial and Residential businesses within Climate Solutions Americas each growing ~20%. Operating profit increased 63% to $629M, while adjusted operating profit rose 10% to $843M. Free cash flow reached $420M, enabling Carrier to return $1.5B to shareholders through share repurchases ($1.3B) and dividends ($200M), while also paying down $1.2B in debt. The company increased its full-year 2025 adjusted EPS guidance to $3.00-$3.10, representing 17-21% year-over-year growth, with expected sales of ~$23B.