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 contrast the two businesses based on the strength of their dividends, media sentiment, earnings, institutional ownership, analyst recommendations, risk, valuation and profitability.
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 insiders. Comparatively, 7.2% of Carrier Global shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
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 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.
Allegion has a beta of 1.01, meaning that its share price is 1% more volatile than the S&P 500. Comparatively, Carrier Global has a beta of 1.31, meaning that its share price is 31% more volatile than the S&P 500.
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.
In the previous week, Carrier Global had 21 more articles in the media than Allegion. MarketBeat recorded 30 mentions for Carrier Global and 9 mentions for Allegion. Allegion's average media sentiment score of 1.20 beat Carrier Global's score of 0.98 indicating that Allegion is being referred to more favorably in the media.
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.
Summary
Carrier Global beats Allegion on 11 of the 20 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 7/4/2025 by MarketBeat.com Staff
