AllGen Financial Advisors Inc. Boosts Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

AllGen Financial Advisors Inc. raised its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 20.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,093 shares of the conglomerate's stock after purchasing an additional 864 shares during the period. Carlisle Companies accounts for 0.5% of AllGen Financial Advisors Inc.'s holdings, making the stock its 29th biggest holding. AllGen Financial Advisors Inc.'s holdings in Carlisle Companies were worth $1,734,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. GeoWealth Management LLC boosted its position in Carlisle Companies by 25.0% during the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock valued at $53,000 after buying an additional 29 shares during the period. Crestwood Advisors Group LLC lifted its position in shares of Carlisle Companies by 2.1% in the 1st quarter. Crestwood Advisors Group LLC now owns 1,485 shares of the conglomerate's stock worth $506,000 after purchasing an additional 31 shares during the period. CIBC Private Wealth Group LLC boosted its stake in Carlisle Companies by 2.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate's stock worth $535,000 after acquiring an additional 38 shares in the last quarter. Net Worth Advisory Group grew its holdings in Carlisle Companies by 2.8% in the first quarter. Net Worth Advisory Group now owns 1,517 shares of the conglomerate's stock worth $517,000 after purchasing an additional 41 shares during the period. Finally, Allworth Financial LP grew its holdings in Carlisle Companies by 32.8% in the first quarter. Allworth Financial LP now owns 170 shares of the conglomerate's stock worth $58,000 after purchasing an additional 42 shares during the period. 89.52% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on CSL shares. Robert W. Baird upped their price objective on shares of Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a report on Thursday, April 24th. Truist Financial cut their price objective 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. JPMorgan Chase & Co. started coverage on shares of Carlisle Companies in a report on Tuesday, June 24th. They issued an "overweight" rating and a $500.00 price objective on the stock. Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. Finally, Wall Street Zen upgraded shares of Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Friday, May 16th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Carlisle Companies presently has an average rating of "Moderate Buy" and an average price target of $461.67.

Carlisle Companies Stock Performance

CSL stock traded up $4.06 during midday trading on Friday, reaching $433.60. 145,912 shares of the company's stock traded hands, compared to its average volume of 451,700. Carlisle Companies Incorporated has a 52-week low of $311.41 and a 52-week high of $481.26. The stock has a market cap of $18.75 billion, a P/E ratio of 16.14, a PEG ratio of 1.27 and a beta of 1.03. The company has a current ratio of 2.58, a quick ratio of 1.69 and a debt-to-equity ratio of 0.87. The stock's 50-day moving average is $388.10 and its 200 day moving average is $369.93.

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

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 19th were paid a $1.00 dividend. The ex-dividend date was Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.92%. Carlisle Companies's dividend payout ratio (DPR) is presently 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.