CARR

Carrier will spend $600 million to upgrade about half of the Hillwood Alliance Westport 12 building in Fort Worth. The investment is planned over the next three years.

Carrier Global (CARR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today announced plans to invest more than $600 million over the next three years in a new advanced manufacturing and engineering center in Fort Worth, Texas.

Carrier confirms a $600 million-plus investment over three years in a new manufacturing and engineering center in Fort Worth, Texas. The move follows a record backlog and a growing pipeline in its commercial HVAC business.

Carrier plans a $600 million Texas plant to produce cooling gear for AI data centers, according to a WSJ report.

After a 21.5% return over three years, investors question whether Carrier Global’s current share price reflects the cash the business can generate.

Diamond Hill Capital, a First Eagle Investment Management company, issued its Q3 2026 investor letter for its “Large Cap Strategy”. The letter can be downloaded here. The Strategy returned 3.18% (net of fees) in the quarter, outperforming the 2.61% return of the Russell 1000 Value Index.

Mizuho keeps an Outperform rating on Carrier Global but cuts its price target from $75 to $70.