Connor Clark & Lunn Investment Management Ltd. Acquires New Position in Carlisle Companies Incorporated $CSL

Key Points

• Institutional buying increased: Connor Clark & Lunn acquired 16,749 Carlisle shares valued at approximately $6.1 million, while other major investors also added positions. Hedge funds and institutional investors own 89.52% of the stock.
• Strong quarterly performance and higher dividend: Carlisle reported adjusted EPS of $7.03, beating estimates by $0.68, while revenue rose 8.3% year over year to $1.57 billion. The company raised its quarterly dividend to $1.25 per share, or $5.00 annually.
• Analysts remain cautious: Carlisle carries a consensus “Hold” rating with a $402.43 price target, despite earnings upgrades. Shares recently traded near $361, while raw-material and freight-cost pressures continue to weigh on margins.

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 16,749 shares of the conglomerate's stock, valued at approximately $6,076,000.

A number of other large investors have also modified their holdings of CSL. BlackRock Inc. purchased a new stake in shares of Carlisle Companies during the 2nd quarter worth $1,499,602,000. Bank of New York Mellon Corp purchased a new position in shares of Carlisle Companies in the 2nd quarter valued at about $405,245,000. First Manhattan CO. LLC. acquired a new stake in shares of Carlisle Companies in the fourth quarter valued at about $140,256,000. Madison Asset Management LLC acquired a new stake in shares of Carlisle Companies in the second quarter valued at about $152,865,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Carlisle Companies by 10,568.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389,198 shares of the conglomerate's stock worth $124,489,000 after buying an additional 385,550 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Price Performance

Shares of NYSE CSL opened at $361.03 on Friday. The stock has a market cap of $14.34 billion, a price-to-earnings ratio of 20.71, a PEG ratio of 1.15 and a beta of 0.85. Carlisle Companies Incorporated has a 52 week low of $293.43 and a 52 week high of $432.91. The company's 50-day moving average price is $359.33 and its 200 day moving average price is $357.71. The company has a current ratio of 2.60, a quick ratio of 2.04 and a debt-to-equity ratio of 1.78.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its earnings results on Wednesday, July 29th. The conglomerate reported $7.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.35 by $0.68. Carlisle Companies had a net margin of 14.21% and a return on equity of 47.58%. The company had revenue of $1.57 billion during the quarter, compared to analysts' expectations of $1.48 billion. During the same quarter in the previous year, the business posted $6.27 earnings per share. The firm's quarterly revenue was up 8.3% compared to the same quarter last year. As a group, research analysts forecast that Carlisle Companies Incorporated will post 21.27 earnings per share for the current fiscal year.

Carlisle Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 19th will be given a dividend of $1.25 per share. The ex-dividend date is Wednesday, August 19th. This represents a $5.00 annualized dividend and a dividend yield of 1.4%. This is an increase from Carlisle Companies's previous quarterly dividend of $1.10. Carlisle Companies's payout ratio is presently 28.69%.

Trending Headlines about Carlisle Companies

Here are the key news stories impacting Carlisle Companies this week:

• Positive Sentiment: Higher earnings expectations: Zacks Research increased its EPS forecasts for Carlisle’s first and second quarters of 2027, fourth quarter and full year 2027, second quarter of 2028, and full year 2028. The FY2027 estimate rose to $24.31 from $24.25, while the FY2028 forecast increased to $27.05 from $26.98, signaling modestly improved expectations for long-term profitability.
• Positive Sentiment: Growth opportunities remain intact: Carlisle continues to benefit from strong roofing demand, acquisitions and shareholder returns. Its latest reported quarter also showed revenue growth and earnings above analyst expectations, supporting the company’s fundamental outlook. Carlisle Exhibits Strong Prospects Despite Persisting Headwinds
• Neutral Sentiment: Analyst stance remains cautious: DA Davidson upgraded Carlisle to “hold,” while the broader analyst consensus is also “hold.” The ratings do not indicate strong conviction that the stock will outperform in the near term.
• Negative Sentiment: Margin pressure persists: Rising raw-material and freight costs are weighing on profitability in 2026. These headwinds could offset some of the benefits from demand growth and acquisitions, helping explain why the stock has decreased despite the upward earnings revisions.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on CSL shares. Robert W. Baird set a $412.00 target price on shares of Carlisle Companies in a research report on Thursday, July 30th. Weiss Ratings upgraded shares of Carlisle Companies from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday. DA Davidson assumed coverage on Carlisle Companies in a research note on Monday. They set a "neutral" rating and a $410.00 price target on the stock. Finally, Truist Financial dropped their price objective on Carlisle Companies from $360.00 to $340.00 and set a "hold" rating for the company in a research note on Tuesday, July 7th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $402.43.

Carlisle Companies Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company's operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.

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