597 Shares in Carlisle Companies Incorporated $CSL Purchased by Blair William & Co. IL

Blair William & Co. IL purchased a new stake in Carlisle Companies Incorporated (NYSE:CSL) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 597 shares of the conglomerate’s stock, valued at approximately $223,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cambridge Investment Research Advisors Inc. lifted its holdings in Carlisle Companies by 35.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 11,459 shares of the conglomerate’s stock worth $3,902,000 after buying an additional 2,976 shares during the period. Spire Wealth Management boosted its position in Carlisle Companies by 2.8% during the first quarter. Spire Wealth Management now owns 1,960 shares of the conglomerate’s stock valued at $667,000 after purchasing an additional 54 shares in the last quarter. GAMMA Investing LLC grew its stake in Carlisle Companies by 12.4% in the first quarter. GAMMA Investing LLC now owns 1,489 shares of the conglomerate’s stock valued at $507,000 after purchasing an additional 164 shares during the last quarter. Strs Ohio bought a new position in Carlisle Companies in the first quarter worth about $17,025,000. Finally, Signaturefd LLC lifted its position in shares of Carlisle Companies by 9.9% during the second quarter. Signaturefd LLC now owns 621 shares of the conglomerate’s stock valued at $232,000 after buying an additional 56 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Price Performance

NYSE CSL opened at $323.56 on Friday. The company has a market cap of $13.83 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 1.08 and a beta of 1.00. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.19 and a quick ratio of 1.47. The stock’s fifty day moving average price is $358.28 and its 200 day moving average price is $371.74. Carlisle Companies Incorporated has a 1 year low of $311.41 and a 1 year high of $474.73.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results 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 firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Carlisle Companies had a net margin of 16.12% and a return on equity of 38.16%. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.24 EPS. As a group, equities research analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Increases Dividend

The firm also recently declared 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 a boost from Carlisle Companies’s previous quarterly dividend of $1.00. The ex-dividend date was Tuesday, August 19th. This represents a $4.40 annualized dividend and a yield of 1.4%. Carlisle Companies’s dividend payout ratio is currently 24.58%.

Analyst Upgrades and Downgrades

CSL has been the topic of a number of analyst reports. Loop Capital downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating and cut their price objective for the stock from $430.00 to $395.00 in a research report on Thursday, July 31st. Zacks Research downgraded shares of Carlisle Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Truist Financial cut their price target on shares of Carlisle Companies from $380.00 to $350.00 and set a “hold” rating on the stock in a report on Monday, September 22nd. JPMorgan Chase & Co. decreased their price objective on Carlisle Companies from $480.00 to $410.00 and set an “overweight” rating for the company in a report on Wednesday, September 17th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Carlisle Companies in a research report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $403.33.

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.