Carlisle Companies Incorporated $CSL Shares Sold by Ameritas Investment Partners Inc.

Ameritas Investment Partners Inc. trimmed its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 2.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,590 shares of the conglomerate’s stock after selling 362 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Carlisle Companies were worth $6,195,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. GFG Capital LLC purchased a new position in Carlisle Companies in the 2nd quarter valued at $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 buying an additional 26 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in Carlisle Companies by 527.3% during the 2nd 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 period. Dagco Inc. acquired a new stake in shares of Carlisle Companies in the first quarter valued at $27,000. Finally, Traub Capital Management LLC acquired a new position in shares of Carlisle Companies during the second quarter worth about $28,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analyst Upgrades and Downgrades

CSL has been the subject of a number of recent analyst reports. Oppenheimer decreased their price target on Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating for the company in a report on Monday, October 20th. The Goldman Sachs Group reduced their price objective on Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a research note on Monday, October 13th. Vertical Research began coverage on Carlisle Companies in a research report on Monday, October 20th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. reduced their target price on shares of Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Finally, Truist Financial cut their price objective on Carlisle Companies from $350.00 to $340.00 and set a “hold” rating for the company in a research report on Thursday, October 30th. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Carlisle Companies has a consensus rating of “Hold” and a consensus price target of $386.67.

Carlisle Companies Stock Performance

Carlisle Companies stock opened at $309.70 on Monday. The stock has a fifty day moving average price of $326.22 and a 200 day moving average price of $365.78. 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 Incorporated has a 52 week low of $293.43 and a 52 week high of $472.66. The firm has a market capitalization of $12.94 billion, a P/E ratio of 17.57, a PEG ratio of 1.12 and a beta of 1.00.

Carlisle Companies (NYSE:CSL) last issued its quarterly 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 firm 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%. Carlisle Companies’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.78 earnings per share. Carlisle Companies has set its FY 2025 guidance at EPS. Equities research analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current 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 issued a dividend of $1.10 per share. The ex-dividend date is Friday, November 14th. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. Carlisle Companies’s payout ratio is presently 24.96%.

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.