Mackenzie Financial Corp Grows Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Mackenzie Financial Corp boosted its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 44.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,392 shares of the conglomerate's stock after buying an additional 1,044 shares during the period. Mackenzie Financial Corp's holdings in Carlisle Companies were worth $1,251,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Carlisle Companies during the 4th quarter worth approximately $208,095,000. Wells Fargo & Company MN raised its position in shares of Carlisle Companies by 692.1% in the fourth quarter. Wells Fargo & Company MN now owns 616,873 shares of the conglomerate's stock valued at $227,527,000 after purchasing an additional 538,990 shares during the period. Madison Investment Advisors LLC bought a new position in shares of Carlisle Companies during the fourth quarter worth approximately $148,208,000. Inlight Wealth Management LLC bought a new stake in Carlisle Companies in the 4th quarter valued at about $118,038,000. Finally, Point72 Asset Management L.P. acquired a new stake in shares of Carlisle Companies during the 4th quarter worth $55,104,000. Institutional investors and hedge funds own 89.52% of the company's stock.

Carlisle Companies Trading Up 1.2%

CSL traded up $4.45 during trading on Wednesday, reaching $382.78. 383,506 shares of the stock traded hands, compared to its average volume of 394,357. The stock has a market capitalization of $16.56 billion, a PE ratio of 13.85, a P/E/G ratio of 1.03 and a beta of 1.06. The stock's 50-day moving average is $370.07 and its 200 day moving average is $376.49. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. Carlisle Companies Incorporated has a 12 month low of $311.41 and a 12 month high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings results 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 26.22% and a return on equity of 34.37%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the business posted $3.72 EPS. Carlisle Companies's quarterly revenue was down .1% on a year-over-year basis. Equities analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 19th were given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend was Monday, May 19th. Carlisle Companies's dividend payout ratio is 14.89%.

Wall Street Analysts Forecast Growth

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

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.