Boston Common Asset Management LLC Purchases 3,996 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Boston Common Asset Management LLC increased its position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 45.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,750 shares of the conglomerate's stock after acquiring an additional 3,996 shares during the quarter. Boston Common Asset Management LLC's holdings in Carlisle Companies were worth $4,341,000 as of its most recent SEC filing.

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

Carlisle Companies Stock Down 1.8%

CSL stock traded down $7.08 during trading hours on Friday, hitting $380.26. The company's stock had a trading volume of 759,954 shares, compared to its average volume of 395,797. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $16.45 billion, a PE ratio of 13.76, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07. Carlisle Companies Incorporated has a 12 month low of $311.41 and a 12 month high of $481.26. The stock has a 50 day moving average price of $368.20 and a two-hundred day moving average price of $377.98.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, topping the consensus estimate of $3.53 by $0.08. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate 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 period in the previous year, the firm posted $3.72 earnings per share. On average, equities research analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 19th will be given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Monday, May 19th. Carlisle Companies's dividend payout ratio is 14.89%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Friday, May 16th. 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 research note on Thursday, April 24th. Robert W. Baird upped their price objective 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. Finally, Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Carlisle Companies presently has a consensus rating of "Moderate Buy" and a consensus price target of $454.00.

Carlisle Companies 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.