Harbor Capital Advisors Inc. Buys 1,067 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Harbor Capital Advisors Inc. raised its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 25.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,208 shares of the conglomerate's stock after acquiring an additional 1,067 shares during the quarter. Harbor Capital Advisors Inc.'s holdings in Carlisle Companies were worth $1,773,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. TD Private Client Wealth LLC boosted its position in shares of Carlisle Companies by 475.0% during the fourth quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after purchasing an additional 57 shares in the last quarter. GeoWealth Management LLC boosted 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 worth $53,000 after purchasing an additional 29 shares in the last quarter. Farther Finance Advisors LLC boosted 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 worth $59,000 after purchasing an additional 78 shares in the last quarter. Quarry LP boosted 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 worth $69,000 after purchasing an additional 53 shares in the last quarter. Finally, Generali Asset Management SPA SGR bought a new position in shares of Carlisle Companies during the fourth quarter worth $93,000. 89.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CSL has been the topic of a number of research analyst reports. Truist Financial dropped 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. Wall Street Zen upgraded shares of Carlisle Companies from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. Finally, Robert W. Baird raised 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. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $454.00.

Carlisle Companies Stock Down 3.0%

CSL stock traded down $11.01 during midday trading on Friday, hitting $355.86. The company's stock had a trading volume of 377,730 shares, compared to its average volume of 395,719. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. Carlisle Companies Incorporated has a twelve month low of $311.41 and a twelve month high of $481.26. The company's fifty day moving average price is $375.58 and its 200 day moving average price is $372.88. The stock has a market capitalization of $15.39 billion, a P/E ratio of 12.88, a PEG ratio of 1.03 and a beta of 1.06.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its quarterly earnings results 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. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the previous year, the business earned $3.72 EPS. The company's revenue was down .1% compared to the same quarter last year. As a group, equities research analysts predict 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 given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date was Monday, May 19th. 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.