Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 20.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,727 shares of the conglomerate's stock after acquiring an additional 1,619 shares during the quarter. Oppenheimer & Co. Inc.'s holdings in Carlisle Companies were worth $3,312,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CSL. Norges Bank purchased a new stake in Carlisle Companies in the fourth quarter worth about $208,095,000. Wells Fargo & Company MN increased its position in Carlisle Companies by 692.1% in the fourth quarter. Wells Fargo & Company MN now owns 616,873 shares of the conglomerate's stock worth $227,527,000 after buying an additional 538,990 shares in the last quarter. GAMMA Investing LLC increased its position in Carlisle Companies by 38,164.5% in the first quarter. GAMMA Investing LLC now owns 507,005 shares of the conglomerate's stock worth $172,635,000 after buying an additional 505,680 shares in the last quarter. Madison Investment Advisors LLC purchased a new stake in Carlisle Companies in the fourth quarter worth about $148,208,000. Finally, Inlight Wealth Management LLC purchased a new stake in Carlisle Companies in the fourth quarter worth about $118,038,000. Institutional investors own 89.52% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on CSL. JPMorgan Chase & Co. began coverage on Carlisle Companies in a research report on Tuesday. They issued an "overweight" rating and a $500.00 price target for the company. Robert W. Baird upped their price target on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a research report on Thursday, April 24th. Wall Street Zen upgraded 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, Truist Financial cut 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. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Carlisle Companies presently has a consensus rating of "Moderate Buy" and an average target price of $461.67.

Carlisle Companies Stock Down 0.6%

CSL stock traded down $2.43 on Friday, hitting $374.55. 664,884 shares of the company's stock were exchanged, compared to its average volume of 396,400. Carlisle Companies Incorporated has a 12-month low of $311.41 and a 12-month high of $481.26. The firm has a 50 day moving average price of $379.37 and a two-hundred day moving average price of $367.35. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.69 and a current ratio of 2.58. The stock has a market cap of $16.20 billion, a P/E ratio of 13.94, a price-to-earnings-growth ratio of 1.14 and a beta of 1.06.

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

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 19th were issued a $1.00 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $4.00 annualized dividend and a dividend yield of 1.07%. Carlisle Companies's dividend payout ratio (DPR) is presently 14.89%.

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.