ABN Amro Investment Solutions Takes $5.17 Million Position in Carlisle Companies Incorporated $CSL

ABN Amro Investment Solutions acquired a new stake in shares of Carlisle Companies Incorporated (NYSE:CSL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,844 shares of the conglomerate’s stock, valued at approximately $5,169,000.

Other large investors also recently bought and sold shares of the company. GFG Capital LLC bought a new stake in shares of Carlisle Companies in the 2nd quarter worth approximately $25,000. Hemington Wealth Management increased its stake in Carlisle Companies by 61.9% during the 2nd quarter. Hemington Wealth Management now owns 68 shares of the conglomerate’s stock valued at $25,000 after purchasing an additional 26 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in Carlisle Companies by 527.3% in the second quarter. Caitong International Asset Management Co. Ltd now owns 69 shares of the conglomerate’s stock worth $26,000 after buying an additional 58 shares during the last quarter. Dagco Inc. bought a new position in shares of Carlisle Companies in the first quarter worth approximately $27,000. Finally, Costello Asset Management INC bought a new stake in shares of Carlisle Companies during the second quarter valued at approximately $34,000. 89.52% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Trading Down 1.7%

Carlisle Companies stock opened at $315.30 on Friday. Carlisle Companies Incorporated has a 12-month low of $311.41 and a 12-month high of $472.66. The firm has a market capitalization of $13.18 billion, a price-to-earnings ratio of 17.88, a P/E/G ratio of 1.12 and a beta of 1.00. The firm has a 50 day moving average of $335.98 and a 200 day moving average of $369.32. 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 quarterly earnings results on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share for the quarter, topping analysts’ consensus estimates of $5.47 by $0.14. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. Carlisle Companies had a net margin of 15.48% and a return on equity of 39.10%. The company’s revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the business posted $5.78 earnings per share. Carlisle Companies has set its FY 2025 guidance at EPS. As a group, research analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have commented on CSL shares. Vertical Research started coverage on Carlisle Companies in a research note on Monday, October 20th. They set a “hold” rating on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Carlisle Companies in a report on Thursday, October 30th. The Goldman Sachs Group lowered their price objective on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. Truist Financial cut their target price on shares of Carlisle Companies from $350.00 to $340.00 and set a “hold” rating for the company in a research report on Thursday, October 30th. Finally, Oppenheimer lowered their price target on Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently 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.