Andra AP fonden Has $10.25 Million Position in Carlisle Companies Incorporated $CSL

Andra AP fonden lifted its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 1,207.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 27,449 shares of the conglomerate’s stock after purchasing an additional 25,350 shares during the period. Andra AP fonden owned 0.06% of Carlisle Companies worth $10,249,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. GFG Capital LLC acquired a new stake in Carlisle Companies in the 2nd quarter valued at approximately $25,000. Hemington Wealth Management boosted its position in shares of Carlisle Companies by 61.9% in the second quarter. Hemington Wealth Management now owns 68 shares of the conglomerate’s stock valued at $25,000 after acquiring an additional 26 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in shares of Carlisle Companies by 527.3% in the second quarter. Caitong International Asset Management Co. Ltd now owns 69 shares of the conglomerate’s stock valued at $26,000 after acquiring an additional 58 shares during the period. Dagco Inc. acquired a new stake in shares of Carlisle Companies in the first quarter worth $27,000. Finally, Costello Asset Management INC bought a new position in Carlisle Companies during the second quarter worth $34,000. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Trading Down 4.2%

CSL stock opened at $315.42 on Friday. Carlisle Companies Incorporated has a 1-year low of $311.41 and a 1-year high of $472.66. The firm has a market cap of $13.18 billion, a P/E ratio of 17.89, a P/E/G ratio of 1.12 and a beta of 1.00. The business’s 50 day moving average is $342.54 and its 200-day moving average is $370.92. The company has a current ratio of 2.19, a quick ratio of 1.47 and a debt-to-equity ratio of 0.89.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Wednesday, October 29th. The conglomerate reported $5.61 EPS for the quarter, topping the consensus estimate of $5.47 by $0.14. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. Carlisle Companies had a return on equity of 39.10% and a net margin of 15.48%.Carlisle Companies’s revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the company earned $5.78 EPS. Carlisle Companies has set its FY 2025 guidance at EPS. Equities analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, November 14th. Carlisle Companies’s payout ratio is currently 24.96%.

Analysts Set New Price Targets

CSL has been the subject of a number of research reports. Truist Financial reduced their price target on shares of Carlisle Companies from $350.00 to $340.00 and set a “hold” rating for the company in a report on Thursday, October 30th. Oppenheimer cut their price objective on shares of Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. Loop Capital downgraded Carlisle Companies from a “buy” rating to a “hold” rating and decreased their target price for the stock from $430.00 to $395.00 in a research report on Thursday, July 31st. The Goldman Sachs Group cut their price target on Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a report on Monday, October 13th. Finally, JPMorgan Chase & Co. reduced their price objective on Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Carlisle Companies has an average rating of “Hold” and an average price target of $386.67.

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.