Deutsche Bank AG Boosts Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Deutsche Bank AG lifted its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 10.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 165,631 shares of the conglomerate's stock after purchasing an additional 15,219 shares during the period. Deutsche Bank AG owned 0.37% of Carlisle Companies worth $61,091,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of CSL. TD Private Client Wealth LLC increased its stake 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 valued at $25,000 after buying an additional 57 shares during the period. GeoWealth Management LLC raised its stake in Carlisle Companies by 25.0% in the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock worth $53,000 after buying an additional 29 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Carlisle Companies by 95.1% in the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after buying an additional 78 shares in the last quarter. Quarry LP lifted its holdings in Carlisle Companies by 39.8% during the fourth quarter. Quarry LP now owns 186 shares of the conglomerate's stock worth $69,000 after buying an additional 53 shares during the period. Finally, UMB Bank n.a. boosted its position in Carlisle Companies by 55.4% during the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock valued at $69,000 after acquiring an additional 67 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CSL. Truist Financial reduced their price target on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. Robert W. Baird lifted their target price on Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a research note on Thursday, April 24th. StockNews.com raised shares of Carlisle Companies from a "sell" rating to a "hold" rating in a research report on Friday. Finally, Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $454.00.

Carlisle Companies Stock Up 2.0%

NYSE:CSL traded up $7.85 during mid-day trading on Friday, hitting $408.73. 318,557 shares of the company's stock traded hands, compared to its average volume of 393,816. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The company has a market capitalization of $17.68 billion, a P/E ratio of 14.79, a P/E/G ratio of 1.03 and a beta of 1.07. The company has a fifty day moving average of $356.27 and a 200 day moving average of $381.28. Carlisle Companies Incorporated has a twelve month low of $311.41 and a twelve month high of $481.26.

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 for the quarter, topping the consensus estimate of $3.53 by $0.08. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. Carlisle Companies's quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.72 EPS. On average, analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 19th will be issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Monday, May 19th. Carlisle Companies's payout ratio is presently 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.