Vident Advisory LLC Has $2.69 Million Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Vident Advisory LLC increased its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 10.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,303 shares of the conglomerate's stock after purchasing an additional 676 shares during the period. Vident Advisory LLC's holdings in Carlisle Companies were worth $2,694,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Invesco Ltd. grew its stake in shares of Carlisle Companies by 2.2% during the fourth quarter. Invesco Ltd. now owns 1,361,672 shares of the conglomerate's stock worth $502,239,000 after purchasing an additional 29,799 shares during the period. Franklin Resources Inc. lifted its holdings in Carlisle Companies by 1.5% during the fourth 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 in the last quarter. JPMorgan Chase & Co. lifted its holdings in Carlisle Companies by 3.1% during the fourth 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 in the last quarter. Wells Fargo & Company MN lifted its holdings in Carlisle Companies by 692.1% during the fourth 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 in the last quarter. Finally, Norges Bank bought a new position in Carlisle Companies during the fourth quarter worth about $208,095,000. 89.52% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CSL has been the topic of several recent analyst reports. Truist Financial reduced their target price on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a report on Thursday, April 24th. Zelman & Associates upgraded Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. 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 lifted their target price on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a report on Thursday, April 24th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $454.00.

Carlisle Companies Stock Down 0.6%

Shares of Carlisle Companies stock traded down $2.17 during trading on Friday, reaching $387.31. The stock had a trading volume of 242,402 shares, compared to its average volume of 394,436. The company has a market capitalization of $16.75 billion, a price-to-earnings ratio of 14.02, a P/E/G ratio of 1.03 and a beta of 1.07. The stock has a fifty day moving average price of $363.80 and a two-hundred day moving average price of $379.67. Carlisle Companies Incorporated has a 52 week low of $311.41 and a 52 week high of $481.26. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, beating analysts' consensus estimates of $3.53 by $0.08. The company 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 34.37% and a net margin of 26.22%. The company's quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the company posted $3.72 earnings per share. Sell-side analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 19th will be issued a $1.00 dividend. The ex-dividend date is Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.03%. Carlisle Companies's dividend payout ratio (DPR) is 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.