Carrier Global (CARR) Sold Off Due to Guidance Cut

6 days ago 6

Soumya Eswaran

Fri, December 26, 2025 astatine 7:42 AM CST 2 min read

Impax Asset Management, an concern absorption company, released its “Impax Global Environmental Markets Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. Global equities saw beardown gains successful Q3 2025, driven by coagulated macroeconomic conditions, rising firm earnings, fiscal stimulus, and banking deregulation. However, the absorption connected hypergrowth, cyclical, and worth stocks posed challenges for quality-focused investors, starring to accrued marketplace concentration. The portfolio moved higher, returning 4.55% successful the quarter, but underperformed its superior benchmark, the MSCI ACWI index, which returned 7.62%. In addition, you tin cheque the fund’s apical 5 holdings to find its champion picks for 2025.

In its third-quarter 2025 capitalist letter, Impax Global Environmental Markets Fund highlighted stocks specified arsenic Carrier Global Corporation (NYSE:CARR). Carrier Global Corporation (NYSE:CARR) is an intelligent clime and vigor solutions supplier that operates done Heating, Ventilating, and Air Conditioning (HVAC) and Refrigeration. The one-month instrumentality of Carrier Global Corporation (NYSE:CARR) was -1.58%, and its shares mislaid 22.97% of their worth implicit the past 52 weeks. On December 24, 2025, Carrier Global Corporation (NYSE:CARR) banal closed astatine $53.50 per share, with a marketplace capitalization of $45.53 billion.

Impax Global Environmental Markets Fund stated the pursuing regarding Carrier Global Corporation (NYSE:CARR) successful its 3rd 4th 2025 capitalist letter:

"Carrier Global Corporation (NYSE:CARR) (Buildings Energy Efficiency, US) sold disconnected successful Q3 arsenic weaker US residential heating, ventilation and aerial conditioning (HVAC) volumes led to a worldly guidance cut. Despite a softer request outlook, the squad believes that Carrier remains an attractively priced concern positioned to payment from improved end-market request nearing cyclical lows."

Wells Fargo and JPMorgan Cut Carrier (CARR) Price Targets After Weak Q3

Carrier Global Corporation (NYSE:CARR) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 48 hedge money portfolios held Carrier Global Corporation (NYSE:CARR) astatine the extremity of the 3rd quarter, compared to 53 successful the erstwhile quarter. While we admit the imaginable of Carrier Global Corporation (NYSE:CARR) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.