CARR vs. ALLE, DOV, IR, ITT, JCI, LII, PH, PNR, TT, and WSO
Should you be buying Carrier Global stock or one of its competitors? The main competitors of Carrier Global include Allegion (ALLE), Dover (DOV), Ingersoll Rand (IR), ITT (ITT), Johnson Controls International (JCI), Lennox International (LII), Parker-Hannifin (PH), Pentair (PNR), Trane Technologies (TT), and Watsco (WSO).
Carrier Global vs. Its Competitors
Carrier Global (NYSE:CARR) and Allegion (NYSE:ALLE) are related large-cap companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, media sentiment, risk, earnings, analyst recommendations, dividends, institutional ownership and profitability.
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.
Carrier Global pays an annual dividend of $0.90 per share and has a dividend yield of 1.5%. Allegion pays an annual dividend of $2.04 per share and has a dividend yield of 1.2%. Carrier Global pays out 19.6% of its earnings in the form of a dividend. Allegion pays out 28.3% 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. Carrier Global has raised its dividend for 4 consecutive years and Allegion has raised its dividend for 11 consecutive years. Carrier Global is clearly the better dividend stock, given its higher yield and lower payout ratio.
91.0% of Carrier Global shares are held by institutional investors. Comparatively, 92.2% of Allegion shares are held by institutional investors. 7.2% of Carrier Global shares are held by company insiders. Comparatively, 0.2% of Allegion shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Carrier Global has a beta of 1.25, meaning that its share price is 25% more volatile than the S&P 500. Comparatively, Allegion has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500.
Carrier Global currently has a consensus target price of $78.47, indicating a potential upside of 32.76%. Allegion has a consensus target price of $174.25, indicating a potential downside of 1.62%. Given Carrier Global's stronger consensus rating and higher possible upside, research analysts plainly believe Carrier Global is more favorable than Allegion.
Carrier Global has a net margin of 18.33% compared to Allegion's net margin of 16.15%. Allegion's return on equity of 42.62% beat Carrier Global's return on equity.
In the previous week, Carrier Global and Carrier Global both had 29 articles in the media. Carrier Global's average media sentiment score of 0.95 beat Allegion's score of 0.94 indicating that Carrier Global is being referred to more favorably in the media.
Summary
Carrier Global beats Allegion on 11 of the 18 factors compared between the two stocks.
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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
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This page (NYSE:CARR) was last updated on 10/8/2025 by MarketBeat.com Staff
