Clear Creek Financial Management LLC Has $635,000 Stake in Carlisle Companies Incorporated (NYSE:CSL)

Clear Creek Financial Management LLC raised its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 202.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,865 shares of the conglomerate's stock after purchasing an additional 1,248 shares during the period. Clear Creek Financial Management LLC's holdings in Carlisle Companies were worth $635,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. grew its stake in shares of Carlisle Companies by 35.1% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 11,459 shares of the conglomerate's stock worth $3,902,000 after acquiring an additional 2,976 shares in the last quarter. Spire Wealth Management grew its stake in shares of Carlisle Companies by 2.8% in the first quarter. Spire Wealth Management now owns 1,960 shares of the conglomerate's stock valued at $667,000 after buying an additional 54 shares in the last quarter. CIBC Private Wealth Group LLC grew its stake in shares of Carlisle Companies by 2.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate's stock valued at $535,000 after buying an additional 38 shares in the last quarter. CX Institutional bought a new position in shares of Carlisle Companies in the first quarter valued at $49,000. Finally, Fifth Third Bancorp grew its stake in shares of Carlisle Companies by 11.5% in the first quarter. Fifth Third Bancorp now owns 1,103 shares of the conglomerate's stock valued at $376,000 after buying an additional 114 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CSL. Wall Street Zen raised Carlisle Companies from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Zelman & Associates raised Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. Robert W. Baird raised their price target on Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. Truist Financial cut their price target on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a report on Thursday, April 24th. Finally, JPMorgan Chase & Co. began coverage on Carlisle Companies in a report on Tuesday, June 24th. They set an "overweight" rating and a $500.00 price target for the company. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Carlisle Companies has a consensus rating of "Moderate Buy" and a consensus price target of $461.67.

Carlisle Companies Stock Performance

Shares of Carlisle Companies stock traded up $2.12 during trading on Friday, reaching $397.81. The company's stock had a trading volume of 237,479 shares, compared to its average volume of 395,524. The business's 50-day moving average price is $382.06 and its 200-day moving average price is $366.28. The firm has a market cap of $17.21 billion, a PE ratio of 14.81, a P/E/G ratio of 1.19 and a beta of 1.03. Carlisle Companies Incorporated has a 52 week low of $311.41 and a 52 week high of $481.26. The company has a quick ratio of 1.69, a current ratio of 2.58 and a debt-to-equity ratio of 0.87.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted 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 business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. Carlisle Companies had a return on equity of 35.93% and a net margin of 25.24%. Carlisle Companies's revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.72 earnings per share. Equities analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 19th were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend 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.