Natixis Advisors LLC Has $54.83 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Natixis Advisors LLC boosted its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 18.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 161,024 shares of the conglomerate’s stock after acquiring an additional 24,694 shares during the quarter. Natixis Advisors LLC owned 0.37% of Carlisle Companies worth $54,829,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Wells Fargo & Company MN increased its stake in shares of Carlisle Companies by 692.1% in the fourth quarter. Wells Fargo & Company MN now owns 616,873 shares of the conglomerate’s stock valued at $227,527,000 after buying an additional 538,990 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Carlisle Companies by 38,164.5% in the first quarter. GAMMA Investing LLC now owns 507,005 shares of the conglomerate’s stock valued at $172,635,000 after acquiring an additional 505,680 shares during the last quarter. Inlight Wealth Management LLC bought a new position in Carlisle Companies in the fourth quarter valued at about $118,038,000. Cooke & Bieler LP bought a new position in Carlisle Companies in the first quarter valued at about $74,095,000. Finally, Pacer Advisors Inc. boosted its holdings in Carlisle Companies by 1,611.7% in the first quarter. Pacer Advisors Inc. now owns 214,985 shares of the conglomerate’s stock valued at $73,202,000 after acquiring an additional 202,425 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Trading Down 3.2%

NYSE:CSL opened at $410.55 on Thursday. Carlisle Companies Incorporated has a fifty-two week low of $311.41 and a fifty-two week high of $481.26. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.58 and a quick ratio of 1.69. The stock has a market capitalization of $17.76 billion, a PE ratio of 15.28, a price-to-earnings-growth ratio of 1.27 and a beta of 1.03. The business’s 50-day simple moving average is $389.89 and its 200-day simple moving average is $371.42.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Wednesday, July 30th. The conglomerate reported $6.27 earnings per share for the quarter, missing the consensus estimate of $6.67 by ($0.40). Carlisle Companies had a net margin of 25.24% and a return on equity of 35.93%. The business had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the firm earned $6.24 EPS. The company’s revenue for the quarter was down .1% on a year-over-year basis. Sell-side analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CSL shares. Wall Street Zen upgraded Carlisle Companies from a “sell” rating to a “hold” rating in a report on Friday, May 16th. JPMorgan Chase & Co. started coverage on Carlisle Companies in a report on Tuesday, June 24th. They set an “overweight” rating and a $500.00 target price on the stock. Truist Financial reduced their target price on Carlisle Companies from $420.00 to $390.00 and set a “hold” rating on the stock in a report on Thursday, April 24th. Robert W. Baird raised their target price on Carlisle Companies from $455.00 to $460.00 and gave the stock an “outperform” rating in a report on Thursday, April 24th. Finally, Zelman & Associates upgraded Carlisle Companies from an “underperform” rating to a “neutral” rating in a report on Monday, April 14th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Carlisle Companies presently has an average rating of “Moderate Buy” and an average price target of $461.67.

About Carlisle Companies

Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.