Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by Advisory Resource Group

Advisory Resource Group grew its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 12.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,920 shares of the conglomerate's stock after buying an additional 1,516 shares during the period. Advisory Resource Group's holdings in Carlisle Companies were worth $4,740,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of CSL. TD Private Client Wealth LLC boosted 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 valued at $25,000 after acquiring an additional 57 shares during the last quarter. CX Institutional purchased a new position in Carlisle Companies during the first quarter worth about $49,000. GeoWealth Management LLC boosted its holdings in Carlisle Companies by 25.0% in the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock valued at $53,000 after purchasing an additional 29 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Carlisle Companies by 95.1% in the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock valued at $59,000 after buying an additional 78 shares during the period. Finally, Quarry LP grew its stake in shares of Carlisle Companies by 39.8% in the 4th quarter. Quarry LP now owns 186 shares of the conglomerate's stock valued at $69,000 after buying an additional 53 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on CSL. Zelman & Associates upgraded Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. Truist Financial decreased their price target on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a research note on Thursday, April 24th. Wall Street Zen upgraded Carlisle Companies from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Finally, Robert W. Baird raised their price objective on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a research report on Thursday, April 24th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $454.00.

Carlisle Companies Stock Down 0.3%

NYSE:CSL opened at $354.91 on Thursday. Carlisle Companies Incorporated has a 52 week low of $311.41 and a 52 week high of $481.26. The stock's fifty day moving average is $376.93 and its two-hundred day moving average is $370.79. The stock has a market capitalization of $15.35 billion, a price-to-earnings ratio of 13.21, a price-to-earnings-growth ratio of 1.07 and a beta of 1.06. The company has a quick ratio of 1.69, a current ratio of 2.58 and a debt-to-equity ratio of 0.87.

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

Carlisle Companies Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date of this dividend was Monday, May 19th. Carlisle Companies's dividend payout ratio (DPR) is currently 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.

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