Carrier Global Repurchases 4.2 Million Shares for $300M

Carrier Global ( (CARR) ) has shared an update.

On June 5, 2025, Carrier Global Corporation repurchased over 4.2 million shares of its common stock from Viessmann Traeger HoldCo GmbH for $300 million, marking a strategic move under its existing share repurchase authorization. This transaction, involving a slight discount from the market price, reflects a diversification strategy by Maximilian Viessmann, who remains a significant shareholder and board member, expressing confidence in Carrier’s leadership and growth prospects.

The most recent analyst rating on (CARR) stock is a Hold with a $72.00 price target. To see the full list of analyst forecasts on Carrier Global stock, see the CARR Stock Forecast page.

Spark’s Take on CARR Stock

According to Spark, TipRanks’ AI Analyst, CARR is a Outperform.

Carrier Global’s stock is supported by strong financial performance and positive corporate restructuring, positioning it well for growth. However, technical indicators suggest caution due to potential overbought conditions, and the high P/E ratio raises valuation concerns. While the earnings call was largely positive, challenges in specific segments and regions remain. Overall, the stock’s strengths in profitability and strategic initiatives are notable, but investors should be cautious of valuation and market momentum factors.

To see Spark’s full report on CARR stock, click here.

More about Carrier Global

Carrier Global Corporation operates in the climate solutions industry, focusing on providing heating, ventilation, air conditioning (HVAC), refrigeration, and fire and security solutions. The company is known for its innovative products and services that cater to both residential and commercial markets globally.

Average Trading Volume: 5,310,664

Technical Sentiment Signal: Strong Buy

Current Market Cap: $60.7B

See more insights into CARR stock on TipRanks’ Stock Analysis page.