Carlisle Companies Incorporated (NYSE:CSL) is Robeco Schweiz AG's 7th Largest Position

Robeco Schweiz AG lowered its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 21.0% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 270,430 shares of the conglomerate's stock after selling 72,070 shares during the period. Carlisle Companies accounts for approximately 2.3% of Robeco Schweiz AG's portfolio, making the stock its 7th biggest holding. Robeco Schweiz AG owned approximately 0.63% of Carlisle Companies worth $92,081,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC increased its position in shares of Carlisle Companies by 475.0% during the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after purchasing an additional 57 shares during the last quarter. CX Institutional acquired a new stake in shares of Carlisle Companies during the 1st quarter worth about $49,000. GeoWealth Management LLC increased its position in shares of Carlisle Companies by 25.0% during the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock worth $53,000 after purchasing an additional 29 shares during the last quarter. Wayfinding Financial LLC acquired a new stake in shares of Carlisle Companies during the 1st quarter worth about $55,000. Finally, Allworth Financial LP increased its position in shares of Carlisle Companies by 32.8% during the 1st quarter. Allworth Financial LP now owns 170 shares of the conglomerate's stock worth $58,000 after purchasing an additional 42 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Zelman & Associates raised Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. JPMorgan Chase & Co. began coverage on Carlisle Companies in a research report on Tuesday, June 24th. They issued an "overweight" rating and a $500.00 target price for the company. Truist Financial dropped their target price 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. Wall Street Zen raised Carlisle Companies from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Finally, 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 report on Thursday, April 24th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $461.67.

Carlisle Companies Stock Down 0.8%

Shares of Carlisle Companies stock traded down $3.36 on Friday, reaching $412.59. 364,309 shares of the company were exchanged, compared to its average volume of 400,674. Carlisle Companies Incorporated has a 1-year low of $311.41 and a 1-year high of $481.26. The company has a market cap of $17.84 billion, a P/E ratio of 15.36, a price-to-earnings-growth ratio of 1.25 and a beta of 1.03. 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 stock's 50 day moving average price is $384.80 and its 200-day moving average price is $367.42.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, topping analysts' consensus estimates of $3.53 by $0.08. Carlisle Companies had a return on equity of 35.93% and a net margin of 25.24%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the previous year, the company posted $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 analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 19th were paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend was Monday, May 19th. Carlisle Companies's payout ratio is 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.