Centiva Capital LP Has $2 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Centiva Capital LP lifted its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 28.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,420 shares of the conglomerate's stock after purchasing an additional 1,214 shares during the period. Centiva Capital LP's holdings in Carlisle Companies were worth $1,999,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in CSL. TD Private Client Wealth LLC increased its holdings in shares of Carlisle Companies by 475.0% during the fourth quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after purchasing an additional 57 shares during the period. GeoWealth Management LLC increased its position in shares of Carlisle Companies by 25.0% during the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock valued at $53,000 after acquiring an additional 29 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of Carlisle Companies by 95.1% in the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock valued at $59,000 after purchasing an additional 78 shares in the last quarter. UMB Bank n.a. boosted its stake in Carlisle Companies by 55.4% during the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock valued at $69,000 after buying an additional 67 shares during the period. Finally, Quarry LP boosted its stake in Carlisle Companies by 39.8% during the fourth quarter. Quarry LP now owns 186 shares of the conglomerate's stock valued at $69,000 after buying an additional 53 shares during the period. 89.52% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Truist Financial reduced their target price on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a report on Thursday, April 24th. The Goldman Sachs Group cut their target price on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Zelman & Associates raised Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. StockNews.com raised Carlisle Companies from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th. Finally, Robert W. Baird raised their price target on Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $454.00.

Carlisle Companies Trading Up 2.2%

Shares of NYSE:CSL traded up $8.70 during mid-day trading on Monday, reaching $399.01. 87,712 shares of the company were exchanged, compared to its average volume of 468,461. The firm has a market cap of $17.26 billion, a price-to-earnings ratio of 14.44, a P/E/G ratio of 1.03 and a beta of 1.07. The firm's 50-day simple moving average is $351.12 and its 200 day simple moving average is $381.27. Carlisle Companies Incorporated has a 1 year low of $311.41 and a 1 year high of $481.26. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29.

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

Carlisle Companies Dividend Announcement

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

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.