Assenagon Asset Management S.A. Has $1.45 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Assenagon Asset Management S.A. decreased its position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 84.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,251 shares of the conglomerate's stock after selling 22,835 shares during the period. Assenagon Asset Management S.A.'s holdings in Carlisle Companies were worth $1,447,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. MV Capital Management Inc. grew its position in shares of Carlisle Companies by 27.9% during the 1st quarter. MV Capital Management Inc. now owns 321 shares of the conglomerate's stock valued at $109,000 after buying an additional 70 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Carlisle Companies by 253.9% in the 1st quarter. SG Americas Securities LLC now owns 1,412 shares of the conglomerate's stock worth $481,000 after acquiring an additional 1,013 shares during the period. GAMMA Investing LLC lifted its stake in shares of Carlisle Companies by 12.4% in the 1st quarter. GAMMA Investing LLC now owns 1,489 shares of the conglomerate's stock worth $507,000 after acquiring an additional 164 shares during the period. Harbor Capital Advisors Inc. lifted its stake in shares of Carlisle Companies by 25.8% in the 1st quarter. Harbor Capital Advisors Inc. now owns 5,208 shares of the conglomerate's stock worth $1,773,000 after acquiring an additional 1,067 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in Carlisle Companies by 283.1% during the first quarter. Farther Finance Advisors LLC now owns 613 shares of the conglomerate's stock valued at $211,000 after purchasing an additional 453 shares during the last quarter. Institutional investors own 89.52% of the company's stock.

Carlisle Companies Stock Performance

Shares of NYSE CSL traded down $1.41 during trading hours on Friday, hitting $354.13. 1,316,285 shares of the stock were exchanged, compared to its average volume of 393,995. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.58 and a quick ratio of 1.69. The company's 50 day moving average is $377.40 and its 200 day moving average is $369.01. The firm has a market capitalization of $15.32 billion, a P/E ratio of 13.18, a P/E/G ratio of 1.07 and a beta of 1.06. 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 issued 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. Carlisle Companies had a net margin of 25.24% and a return on equity of 35.93%. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the firm earned $3.72 EPS. The business's revenue was down .1% on a year-over-year basis. On average, research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed 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 1.13%. The ex-dividend date was Monday, May 19th. Carlisle Companies's payout ratio is 14.89%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Truist Financial cut their price target on shares of Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a report on Thursday, April 24th. Robert W. Baird boosted their price target on shares of Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. Wall Street Zen upgraded shares of Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Friday, May 16th. Finally, Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus 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.