Carrier Global Corporation (CARR) Fell in Q3 Despite Good Results

2 hours ago 4

Soumya Eswaran

Wed, December 31, 2025 astatine 7:10 AM CST 3 min read

Bristol Gate Capital Partners, an concern absorption company, published its Q3 2025 capitalist missive for the “US Equity Strategy”. A transcript of the missive tin beryllium downloaded here. The strategy underperformed the benchmark, the S&P 500® Total Return Index, this quarter, but inactive surpassed the scale successful dividend growth. The underperformance was owed to a deficiency of important vulnerability to the AI/TMT assemblage oregon the Value sector, which provides advantages stemming from the Federal Reserve's complaint cut. The portfolio returned 15% dividend maturation implicit the trailing 12 months, driven by the beardown underlying fundamentals. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Bristol Gate US Equity Strategy 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 -0.72%, and its shares mislaid 21.73% of their worth implicit the past 52 weeks. On December 30, 2025, Carrier Global Corporation (NYSE:CARR) banal closed astatine $53.43 per share, with a marketplace capitalization of $45.47 billion.

Bristol Gate US Equity Strategy stated the pursuing regarding Carrier Global Corporation (NYSE:CARR) successful its 3rd 4th 2025 capitalist letter:

"Carrier Global Corporation (NYSE:CARR), Accenture and Intuit were the main detractors from an implicit perspective. While Carrier’s quarterly results were successful enactment to amended than statement estimates, the banal dropped arsenic investors focused connected the underlying weakness successful US residential HVAC orders lagging income successful definite planetary markets and antagonistic merchandise premix affecting margins. The banal dropped further successful September aft David Gitlin, CEO, warned astatine a Morgan Stanley manufacture league that Q3 measurement would beryllium little than antecedently forecasted, citing manufacture information showing a astir 30% simplification successful manufacture volumes for July and projected akin declines for August and September. High involvement rates pressuring user spending and trader destocking were the superior headwinds driving the little outlook."

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.