Carlisle Companies Incorporated (NYSE:CSL) Shares Acquired by Alley Investment Management Company LLC

Alley Investment Management Company LLC grew its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 8.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,580 shares of the conglomerate's stock after purchasing an additional 1,317 shares during the period. Alley Investment Management Company LLC's holdings in Carlisle Companies were worth $5,986,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. WCM Investment Management LLC lifted its holdings in Carlisle Companies by 58.3% in the first quarter. WCM Investment Management LLC now owns 980 shares of the conglomerate's stock worth $336,000 after acquiring an additional 361 shares during the last quarter. Keybank National Association OH lifted its holdings in shares of Carlisle Companies by 6.9% in the 1st quarter. Keybank National Association OH now owns 2,854 shares of the conglomerate's stock worth $972,000 after purchasing an additional 185 shares during the last quarter. DAVENPORT & Co LLC boosted its position in Carlisle Companies by 34.7% during the 1st quarter. DAVENPORT & Co LLC now owns 7,722 shares of the conglomerate's stock valued at $2,629,000 after purchasing an additional 1,990 shares during the period. Clear Creek Financial Management LLC grew its stake in Carlisle Companies by 202.3% during the 1st quarter. Clear Creek Financial Management LLC now owns 1,865 shares of the conglomerate's stock worth $635,000 after buying an additional 1,248 shares during the last quarter. Finally, Astoria Portfolio Advisors LLC. grew its stake in Carlisle Companies by 89.1% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 1,114 shares of the conglomerate's stock worth $401,000 after buying an additional 525 shares during the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Carlisle Companies Price Performance

CSL traded up $5.77 on Wednesday, reaching $395.95. The company had a trading volume of 397,756 shares, compared to its average volume of 394,682. The company has a market capitalization of $17.12 billion, a P/E ratio of 14.74, a PEG ratio of 1.12 and a beta of 1.04. The company has a current ratio of 2.58, a quick ratio of 1.69 and a debt-to-equity ratio of 0.87. The company has a fifty day moving average of $380.57 and a 200-day moving average of $366.38. Carlisle Companies Incorporated has a one year low of $311.41 and a one year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, beating analysts' consensus estimates of $3.53 by $0.08. Carlisle Companies had a net margin of 25.24% and a return on equity of 35.93%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the business earned $3.72 earnings per share. The business's revenue for the quarter was down .1% on a year-over-year basis. As a group, equities research analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 19th were given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend was Monday, May 19th. Carlisle Companies's dividend payout ratio (DPR) is presently 14.89%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports 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. Robert W. Baird lifted their price objective on shares of Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. 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. JPMorgan Chase & Co. assumed coverage on Carlisle Companies in a report on Tuesday, June 24th. They set an "overweight" rating and a $500.00 price target on the stock. Finally, Zelman & Associates upgraded 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 five have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $461.67.

Carlisle Companies 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.