Corient Private Wealth LLC Has $161.41 Million Stock Holdings in Carlisle Companies Incorporated $CSL

Corient Private Wealth LLC reduced its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 1.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 432,273 shares of the conglomerate’s stock after selling 4,960 shares during the period. Corient Private Wealth LLC owned about 1.01% of Carlisle Companies worth $161,411,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC grew its holdings in Carlisle Companies by 13.0% during the 1st quarter. HighTower Advisors LLC now owns 23,253 shares of the conglomerate’s stock worth $7,918,000 after acquiring an additional 2,684 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Carlisle Companies by 63.2% during the first quarter. Russell Investments Group Ltd. now owns 38,361 shares of the conglomerate’s stock worth $13,062,000 after purchasing an additional 14,849 shares during the period. Vestmark Advisory Solutions Inc. grew its stake in shares of Carlisle Companies by 108.2% in the first quarter. Vestmark Advisory Solutions Inc. now owns 2,898 shares of the conglomerate’s stock worth $987,000 after purchasing an additional 1,506 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Carlisle Companies by 11.3% in the first quarter. Dimensional Fund Advisors LP now owns 499,341 shares of the conglomerate’s stock valued at $170,017,000 after purchasing an additional 50,578 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in Carlisle Companies by 1.3% in the first quarter. EverSource Wealth Advisors LLC now owns 2,783 shares of the conglomerate’s stock valued at $948,000 after purchasing an additional 35 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. Robert W. Baird cut their target price on Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating on the stock in a report on Monday, October 13th. JPMorgan Chase & Co. cut their price objective on Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. The Goldman Sachs Group reduced their target price on Carlisle Companies from $444.00 to $385.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Zacks Research lowered shares of Carlisle Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 23rd. Finally, Vertical Research started coverage on shares of Carlisle Companies in a research report on Monday, October 20th. They issued a “hold” rating on the stock. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $386.67.

Carlisle Companies Price Performance

Shares of CSL opened at $330.64 on Monday. The firm has a market cap of $13.82 billion, a PE ratio of 18.75, a price-to-earnings-growth ratio of 1.15 and a beta of 0.96. Carlisle Companies Incorporated has a 52-week low of $293.43 and a 52-week high of $435.92. The business’s 50 day moving average price is $322.28 and its two-hundred day moving average price is $357.86. The company has a debt-to-equity ratio of 1.45, a quick ratio of 2.62 and a current ratio of 3.25.

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 net margin of 15.48% and a return on equity of 40.26%. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the previous year, the business posted $5.78 EPS. Carlisle Companies’s revenue for the quarter was up 1.0% compared to the same quarter last year. On average, equities analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th were issued a dividend of $1.10 per share. The ex-dividend date was Friday, November 14th. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. Carlisle Companies’s dividend payout ratio is currently 24.96%.

About Carlisle Companies

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.