Public Employees Retirement System of Ohio Has $5.28 Million Holdings in Carlisle Companies Incorporated $CSL

Public Employees Retirement System of Ohio trimmed its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 3.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,132 shares of the conglomerate’s stock after selling 434 shares during the period. Public Employees Retirement System of Ohio’s holdings in Carlisle Companies were worth $5,277,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its stake in Carlisle Companies by 105.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 21,795 shares of the conglomerate’s stock valued at $8,039,000 after acquiring an additional 11,170 shares during the last quarter. Parallel Advisors LLC increased its stake in Carlisle Companies by 37.6% in the first quarter. Parallel Advisors LLC now owns 326 shares of the conglomerate’s stock valued at $111,000 after acquiring an additional 89 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its stake in Carlisle Companies by 10.5% in the first quarter. Fifth Third Wealth Advisors LLC now owns 2,304 shares of the conglomerate’s stock valued at $785,000 after acquiring an additional 219 shares during the last quarter. Merit Financial Group LLC increased its stake in Carlisle Companies by 7.3% in the first quarter. Merit Financial Group LLC now owns 1,843 shares of the conglomerate’s stock valued at $627,000 after acquiring an additional 126 shares during the last quarter. Finally, Kwmg LLC increased its stake in Carlisle Companies by 0.9% in the first quarter. Kwmg LLC now owns 19,077 shares of the conglomerate’s stock valued at $6,496,000 after acquiring an additional 178 shares during the last quarter. 89.52% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Truist Financial decreased their price objective on shares of Carlisle Companies from $380.00 to $350.00 and set a “hold” rating on the stock in a research note on Monday, September 22nd. Loop Capital cut shares of Carlisle Companies from a “buy” rating to a “hold” rating and decreased their price objective for the company from $430.00 to $395.00 in a research note on Thursday, July 31st. Zacks Research cut shares of Carlisle Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Finally, JPMorgan Chase & Co. decreased 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 note on Wednesday, September 17th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $429.17.

Carlisle Companies Stock Performance

Shares of Carlisle Companies stock opened at $333.14 on Tuesday. The company has a quick ratio of 1.47, a current ratio of 2.19 and a debt-to-equity ratio of 0.89. Carlisle Companies Incorporated has a twelve month low of $311.41 and a twelve month high of $481.26. The stock has a market cap of $14.24 billion, a price-to-earnings ratio of 18.61, a P/E/G ratio of 1.06 and a beta of 1.05. The company’s fifty day moving average is $376.18 and its 200 day moving average is $373.63.

Carlisle Companies (NYSE:CSL) last issued 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). The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.50 billion. Carlisle Companies had a return on equity of 38.16% and a net margin of 16.12%.The business’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.24 EPS. Sell-side analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Increases Dividend

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

Carlisle Companies 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.