Bank Julius Baer & Co. Ltd Zurich Has $6.75 Million Stake in Carlisle Companies Incorporated $CSL

Bank Julius Baer & Co. Ltd Zurich lowered its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 17.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,744 shares of the conglomerate’s stock after selling 3,798 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Carlisle Companies were worth $6,751,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. GFG Capital LLC acquired a new stake in shares of Carlisle Companies in the second quarter valued at 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 worth $25,000 after acquiring an additional 26 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings 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 in the last quarter. Dagco Inc. bought a new stake in shares of Carlisle Companies during the 1st quarter valued at $27,000. Finally, Traub Capital Management LLC acquired a new stake in shares of Carlisle Companies during the 2nd quarter worth $28,000. 89.52% of the stock is owned by institutional investors.

Carlisle Companies Stock Performance

NYSE CSL opened at $309.70 on Friday. The firm’s fifty day moving average price is $326.22 and its two-hundred day moving average price is $366.06. The stock has a market cap of $12.94 billion, a PE ratio of 17.57, a PEG ratio of 1.12 and a beta of 1.00. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.47 and a current ratio of 2.19. Carlisle Companies Incorporated has a fifty-two week low of $293.43 and a fifty-two week high of $472.66.

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

Carlisle Companies Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Oppenheimer dropped their price target on Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Robert W. Baird dropped their target price on shares of Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating for the company in a research report on Monday, October 13th. Vertical Research started coverage on shares of Carlisle Companies in a report on Monday, October 20th. They set a “hold” rating for the company. 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. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Carlisle Companies in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus 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.