Carlisle Companies Incorporated (NYSE:CSL) Position Increased by Focus Partners Wealth

Focus Partners Wealth lifted its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 133.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,346 shares of the conglomerate's stock after purchasing an additional 769 shares during the period. Focus Partners Wealth's holdings in Carlisle Companies were worth $502,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CSL. TD Private Client Wealth LLC grew its holdings in Carlisle Companies by 475.0% during the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after acquiring an additional 57 shares in the last quarter. GeoWealth Management LLC lifted its position in shares of Carlisle Companies by 25.0% during the fourth 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 last quarter. Farther Finance Advisors LLC lifted its position in shares of Carlisle Companies by 95.1% during the fourth 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 last quarter. UMB Bank n.a. lifted its position in shares of Carlisle Companies by 55.4% during the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock valued at $69,000 after buying an additional 67 shares during the last quarter. Finally, Quarry LP lifted its position in shares of Carlisle Companies by 39.8% during the fourth quarter. Quarry LP now owns 186 shares of the conglomerate's stock valued at $69,000 after buying an additional 53 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Trading Down 0.6%

Shares of NYSE CSL traded down $2.17 during trading on Friday, hitting $387.31. 242,402 shares of the company were exchanged, compared to its average volume of 393,630. Carlisle Companies Incorporated has a 12-month low of $311.41 and a 12-month high of $481.26. 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 company has a fifty day moving average price of $363.80 and a 200-day moving average price of $380.16. The firm has a market capitalization of $16.75 billion, a PE ratio of 14.02, a P/E/G ratio of 1.03 and a beta of 1.07.

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 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%. Carlisle Companies's revenue was down .1% on a year-over-year basis. During the same period in the previous year, the firm earned $3.72 EPS. As a group, equities research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 19th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date is Monday, May 19th. Carlisle Companies's dividend payout ratio is presently 14.89%.

Analyst Upgrades and Downgrades

CSL has been the subject of several analyst reports. Robert W. Baird increased their price target on shares of Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. Truist Financial decreased their price objective on shares of Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. Wall Street Zen raised shares of Carlisle Companies from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Finally, Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $454.00.

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.