Carlisle Companies Incorporated $CSL Shares Acquired by Allworth Financial LP

Allworth Financial LP boosted its position in Carlisle Companies Incorporated (NYSE:CSL) by 157.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 437 shares of the conglomerate’s stock after purchasing an additional 267 shares during the quarter. Allworth Financial LP’s holdings in Carlisle Companies were worth $163,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. GFG Capital LLC bought a new stake in shares of Carlisle Companies during the second quarter valued at approximately $25,000. Hemington Wealth Management grew its holdings in Carlisle Companies by 61.9% in the 2nd quarter. Hemington Wealth Management now owns 68 shares of the conglomerate’s stock worth $25,000 after buying an additional 26 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in Carlisle Companies by 527.3% in the 2nd 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. bought a new stake in Carlisle Companies during the 1st quarter valued at $27,000. Finally, Costello Asset Management INC bought a new stake in Carlisle Companies during the 2nd quarter valued at $34,000. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Trading Up 0.5%

NYSE:CSL opened at $301.80 on Wednesday. The stock has a fifty day simple moving average of $330.74 and a 200 day simple moving average of $367.53. The firm has a market capitalization of $12.61 billion, a price-to-earnings ratio of 17.12, a price-to-earnings-growth ratio of 1.12 and a beta of 1.00. Carlisle Companies Incorporated has a 1-year low of $295.09 and a 1-year high of $472.66. 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 (NYSE:CSL) last posted its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $5.61 EPS for the quarter, beating analysts’ consensus estimates of $5.47 by $0.14. The company 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 business’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm earned $5.78 earnings per share. Carlisle Companies has set its FY 2025 guidance at EPS. Sell-side analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be paid 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 1.5%. Carlisle Companies’s dividend payout ratio (DPR) is currently 24.96%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Zacks Research cut Carlisle Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Vertical Research started coverage on shares of Carlisle Companies in a report on Monday, October 20th. They issued a “hold” rating for the company. The Goldman Sachs Group decreased their target price on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Robert W. Baird dropped their price target on shares of Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating on the stock in a research report on Monday, October 13th. Finally, Loop Capital lowered shares of Carlisle Companies from a “buy” rating to a “hold” rating and reduced their price target for the stock from $430.00 to $395.00 in a research note on Thursday, July 31st. Four 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’s stock. According to MarketBeat.com, Carlisle Companies presently has an average rating of “Hold” and an average price target of $386.67.

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.