2,581 Shares in Carlisle Companies Incorporated (NYSE:CSL) Purchased by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC purchased a new position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,581 shares of the conglomerate's stock, valued at approximately $879,000.

A number of other large investors have also recently made changes to their positions in CSL. GeoWealth Management LLC boosted its holdings in shares of Carlisle Companies by 25.0% in the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock valued at $53,000 after purchasing an additional 29 shares during the period. CIBC Private Wealth Group LLC grew its holdings in shares of Carlisle Companies by 2.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate's stock valued at $535,000 after buying an additional 38 shares during the last quarter. Metis Global Partners LLC grew its stake in Carlisle Companies by 6.4% during the 4th quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate's stock valued at $238,000 after purchasing an additional 39 shares during the last quarter. TIAA Trust National Association lifted its holdings in Carlisle Companies by 9.2% during the fourth quarter. TIAA Trust National Association now owns 581 shares of the conglomerate's stock valued at $214,000 after purchasing an additional 49 shares in the last quarter. Finally, MorganRosel Wealth Management LLC raised its position in shares of Carlisle Companies by 1.9% during the 4th quarter. MorganRosel Wealth Management LLC now owns 2,833 shares of the conglomerate's stock valued at $1,045,000 after buying an additional 52 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Trading Down 0.9%

Shares of NYSE CSL traded down $3.31 during trading on Thursday, hitting $365.48. 85,940 shares of the company traded hands, compared to its average volume of 394,051. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $15.81 billion, a P/E ratio of 13.23, a P/E/G ratio of 1.03 and a beta of 1.06. The company has a 50-day moving average price of $374.03 and a 200-day moving average price of $374.33. Carlisle Companies Incorporated has a 1 year low of $311.41 and a 1 year high of $481.26.

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

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 19th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date was Monday, May 19th. Carlisle Companies's dividend payout ratio (DPR) is 14.89%.

Analysts Set New Price Targets

Several brokerages recently weighed in on CSL. Wall Street Zen raised shares of Carlisle Companies from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Zelman & Associates raised Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. Robert W. Baird boosted their price objective on shares of Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a research note on Thursday, April 24th. Finally, Truist Financial reduced 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 note on Thursday, April 24th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $454.00.

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.