Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by Twinbeech Capital LP

Twinbeech Capital LP lifted its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 311.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,349 shares of the conglomerate's stock after acquiring an additional 57,043 shares during the period. Twinbeech Capital LP owned 0.17% of Carlisle Companies worth $27,792,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Invesco Ltd. lifted its stake in shares of Carlisle Companies by 2.2% in the 4th quarter. Invesco Ltd. now owns 1,361,672 shares of the conglomerate's stock worth $502,239,000 after acquiring an additional 29,799 shares during the period. Franklin Resources Inc. lifted its stake in shares of Carlisle Companies by 1.5% in the 4th quarter. Franklin Resources Inc. now owns 1,194,220 shares of the conglomerate's stock worth $440,476,000 after acquiring an additional 17,206 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Carlisle Companies by 3.1% in the 4th quarter. JPMorgan Chase & Co. now owns 1,134,954 shares of the conglomerate's stock worth $418,617,000 after acquiring an additional 34,021 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Carlisle Companies by 692.1% in the 4th quarter. Wells Fargo & Company MN now owns 616,873 shares of the conglomerate's stock worth $227,527,000 after acquiring an additional 538,990 shares during the period. Finally, Norges Bank acquired a new stake in Carlisle Companies during the fourth quarter valued at approximately $208,095,000. 89.52% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on CSL. Robert W. Baird increased their target price on shares of Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a research note on Thursday, April 24th. Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. StockNews.com raised shares of Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Friday. Finally, Truist Financial cut their target price on shares of Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a research note on Thursday, April 24th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $454.00.

Carlisle Companies Stock Up 2.0%

Carlisle Companies stock opened at $408.73 on Monday. The firm has a market cap of $17.68 billion, a PE ratio of 14.79, a P/E/G ratio of 1.03 and a beta of 1.07. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The firm's 50 day moving average price is $357.82 and its two-hundred day moving average price is $380.63. Carlisle Companies Incorporated has a twelve month low of $311.41 and a twelve month high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share for the quarter, beating 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 net margin of 26.22% and a return on equity of 34.37%. The company's revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.72 EPS. On average, research analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 19th will be paid a $1.00 dividend. The ex-dividend date is Monday, May 19th. This represents a $4.00 annualized dividend and a yield of 0.98%. Carlisle Companies's dividend payout ratio 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.

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