BNP Paribas Financial Markets Acquires 12,632 Shares of Carlisle Companies Incorporated (NYSE:CSL)

BNP Paribas Financial Markets grew its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 57.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 34,674 shares of the conglomerate's stock after buying an additional 12,632 shares during the period. BNP Paribas Financial Markets owned approximately 0.08% of Carlisle Companies worth $12,789,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Aptus Capital Advisors LLC grew its holdings in Carlisle Companies by 11.9% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,944 shares of the conglomerate's stock worth $717,000 after purchasing an additional 207 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Carlisle Companies by 1.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 8,291 shares of the conglomerate's stock valued at $3,058,000 after buying an additional 116 shares during the period. Freestone Grove Partners LP bought a new stake in Carlisle Companies in the 4th quarter valued at about $535,000. Gallo Partners LP bought a new position in Carlisle Companies in the fourth quarter worth approximately $911,000. Finally, TOMS Capital Investment Management LP bought a new position in Carlisle Companies in the fourth quarter worth approximately $54,219,000. Institutional investors and hedge funds own 89.52% of the company's stock.

Wall Street Analyst Weigh In

CSL has been the topic of a number of recent research reports. Zelman & Associates upgraded Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. StockNews.com raised shares of Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Truist Financial decreased their target price on shares of Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. The Goldman Sachs Group dropped their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Finally, Robert W. Baird boosted their price objective on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a report on Thursday, April 24th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $454.00.

Carlisle Companies Trading Down 0.2 %

NYSE:CSL opened at $390.52 on Friday. Carlisle Companies Incorporated has a 52 week low of $311.41 and a 52 week high of $481.26. The firm has a 50-day moving average price of $351.12 and a two-hundred day moving average price of $381.81. The firm has a market cap of $16.89 billion, a price-to-earnings ratio of 14.13, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, topping analysts' consensus estimates of $3.53 by $0.08. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. Carlisle Companies's quarterly revenue was down .1% compared to the same quarter last year. During the same period last year, the company posted $3.72 earnings per share. On average, equities analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a yield of 1.02%. Carlisle Companies's dividend payout ratio (DPR) is presently 14.89%.

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.

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