CARR vs. ALLE, DOV, ETN, IR, ITT, JCI, LII, PH, PNR, and TT
Should you be buying Carrier Global stock or one of its competitors? The main competitors of Carrier Global include Allegion (ALLE), Dover (DOV), Eaton (ETN), Ingersoll Rand (IR), ITT (ITT), Johnson Controls International (JCI), Lennox International (LII), Parker-Hannifin (PH), Pentair (PNR), and Trane Technologies (TT).
Carrier Global vs. Its Competitors
Allegion (NYSE:ALLE) and Carrier Global (NYSE:CARR) are related large-cap companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, dividends, valuation, earnings, media sentiment, institutional ownership and profitability.
Allegion currently has a consensus price target of $145.33, indicating a potential downside of 1.87%. Carrier Global has a consensus price target of $83.82, indicating a potential upside of 11.33%. Given Carrier Global's stronger consensus rating and higher possible upside, analysts plainly believe Carrier Global is more favorable than Allegion.
Allegion has a beta of 1.01, indicating that its share price is 1% more volatile than the S&P 500. Comparatively, Carrier Global has a beta of 1.31, indicating that its share price is 31% more volatile than the S&P 500.
In the previous week, Carrier Global had 20 more articles in the media than Allegion. MarketBeat recorded 31 mentions for Carrier Global and 11 mentions for Allegion. Allegion's average media sentiment score of 1.26 beat Carrier Global's score of 0.84 indicating that Allegion is being referred to more favorably in the media.
Carrier Global has higher revenue and earnings than Allegion. Carrier Global is trading at a lower price-to-earnings ratio than Allegion, indicating that it is currently the more affordable of the two stocks.
92.2% of Allegion shares are held by institutional investors. Comparatively, 91.0% of Carrier Global shares are held by institutional investors. 0.2% of Allegion shares are held by company insiders. Comparatively, 7.2% of Carrier Global shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Allegion pays an annual dividend of $2.04 per share and has a dividend yield of 1.4%. Carrier Global pays an annual dividend of $0.90 per share and has a dividend yield of 1.2%. Allegion pays out 28.7% of its earnings in the form of a dividend. Carrier Global pays out 13.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Allegion has increased its dividend for 11 consecutive years and Carrier Global has increased its dividend for 4 consecutive years. Allegion is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Carrier Global has a net margin of 25.45% compared to Allegion's net margin of 16.28%. Allegion's return on equity of 44.82% beat Carrier Global's return on equity.
Summary
Carrier Global beats Allegion on 11 of the 20 factors compared between the two stocks.
Get Carrier Global News Delivered to You Automatically
Sign up to receive the latest news and ratings for CARR and its competitors with MarketBeat's FREE daily newsletter.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding CARR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Carrier Global Competitors List
Related Companies and Tools
This page (NYSE:CARR) was last updated on 7/4/2025 by MarketBeat.com Staff
Free CARR Stock Alerts