Zacks Research Analysts Boost Earnings Estimates for CSL

Carlisle Companies Incorporated (NYSE:CSL) – Investment analysts at Zacks Research increased their Q1 2027 earnings per share (EPS) estimates for shares of Carlisle Companies in a note issued to investors on Wednesday, September 24th. Zacks Research analyst Team now expects that the conglomerate will earn $4.80 per share for the quarter, up from their prior forecast of $4.79. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Carlisle Companies’ current full-year earnings is $22.31 per share.

Several other research analysts also recently weighed in on the stock. JPMorgan Chase & Co. dropped their target price on shares of Carlisle Companies from $480.00 to $410.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 17th. Truist Financial decreased their price objective on shares of Carlisle Companies from $380.00 to $350.00 and set a “hold” rating for the company in a research note on Monday. Finally, Loop Capital downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating and cut their target price for the company from $430.00 to $395.00 in a research note on Thursday, July 31st. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $429.17.

Carlisle Companies Stock Performance

Shares of NYSE CSL opened at $327.59 on Friday. Carlisle Companies has a 52-week low of $311.41 and a 52-week high of $481.26. The stock has a market capitalization of $14.00 billion, a price-to-earnings ratio of 18.30, a PEG ratio of 1.06 and a beta of 1.05. The company has a quick ratio of 1.47, a current ratio of 2.19 and a debt-to-equity ratio of 0.89. The stock’s fifty day simple moving average is $377.62 and its 200 day simple moving average is $373.03.

Carlisle Companies (NYSE:CSL) last released its earnings results on Wednesday, July 30th. The conglomerate reported $6.27 earnings per share for the quarter, missing analysts’ consensus estimates of $6.67 by ($0.40). Carlisle Companies had a return on equity of 38.16% and a net margin of 16.12%.The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the company earned $6.24 earnings per share. The business’s revenue for the quarter was down .1% on a year-over-year basis.

Institutional Trading of Carlisle Companies

A number of institutional investors have recently added to or reduced their stakes in the business. 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 worth $172,635,000 after purchasing an additional 505,680 shares in the last quarter. Sands Capital Management LLC acquired a new stake in Carlisle Companies during the second quarter valued at approximately $159,203,000. JPMorgan Chase & Co. boosted its stake in Carlisle Companies by 33.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,437,703 shares of the conglomerate’s stock valued at $536,842,000 after buying an additional 358,241 shares in the last quarter. Norges Bank bought a new stake in Carlisle Companies in the second quarter valued at $128,856,000. Finally, Cooke & Bieler LP acquired a new position in Carlisle Companies during the first quarter worth $74,095,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Tuesday, August 19th were issued a $1.10 dividend. This is an increase from Carlisle Companies’s previous quarterly dividend of $1.00. This represents a $4.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Tuesday, August 19th. Carlisle Companies’s dividend payout ratio is currently 24.58%.

Carlisle Companies Company Profile

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.