ProShare Advisors LLC lessened its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 5.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,799 shares of the conglomerate's stock after selling 4,599 shares during the quarter. ProShare Advisors LLC owned 0.17% of Carlisle Companies worth $27,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently bought and sold shares of the company. Quantinno Capital Management LP lifted its position in shares of Carlisle Companies by 8.0% during the 4th quarter. Quantinno Capital Management LP now owns 8,498 shares of the conglomerate's stock valued at $3,135,000 after buying an additional 631 shares during the last quarter. Nia Impact Advisors LLC lifted its position in shares of Carlisle Companies by 7.9% during the 4th quarter. Nia Impact Advisors LLC now owns 17,494 shares of the conglomerate's stock valued at $6,453,000 after buying an additional 1,274 shares during the last quarter. Nomura Holdings Inc. purchased a new position in shares of Carlisle Companies during the 4th quarter valued at $2,212,000. Numerai GP LLC purchased a new stake in Carlisle Companies during the 4th quarter worth about $262,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Carlisle Companies by 5.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 335,679 shares of the conglomerate's stock worth $123,812,000 after purchasing an additional 18,502 shares in the last quarter. Institutional investors own 89.52% of the company's stock.
Carlisle Companies Trading Down 0.3%
CSL traded down $1.19 on Thursday, hitting $387.81. 57,099 shares of the company were exchanged, compared to its average volume of 392,691. The firm has a fifty day simple moving average of $361.94 and a two-hundred day simple moving average of $380.73. 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 Incorporated has a 12 month low of $311.41 and a 12 month high of $481.26. The stock has a market capitalization of $16.77 billion, a PE ratio of 14.06, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07.
Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.53 by $0.08. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the company earned $3.72 EPS. Carlisle Companies's revenue for the quarter was down .1% compared to the same quarter last year. Sell-side analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.
Carlisle Companies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $4.00 annualized dividend and a yield of 1.03%. Carlisle Companies's payout ratio is 14.89%.
Analyst Ratings Changes
A number of brokerages recently issued reports on CSL. Zelman & Associates raised Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. Wall Street Zen raised Carlisle Companies from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Truist Financial lowered their price target on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a report on Thursday, April 24th. 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 equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $454.00.
Check Out Our Latest Report on Carlisle Companies
Carlisle Companies Company Profile
(
Free Report)
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.
Featured Stories
Before you consider Carlisle Companies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Carlisle Companies wasn't on the list.
While Carlisle Companies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
