Crossmark Global Holdings Inc. Sells 4,870 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Crossmark Global Holdings Inc. trimmed its position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 75.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,589 shares of the conglomerate's stock after selling 4,870 shares during the period. Crossmark Global Holdings Inc.'s holdings in Carlisle Companies were worth $541,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. GeoWealth Management LLC raised its stake in shares of Carlisle Companies by 25.0% during the 4th 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. CIBC Private Wealth Group LLC raised its stake in shares of Carlisle Companies by 2.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate's stock worth $535,000 after purchasing an additional 38 shares in the last quarter. Net Worth Advisory Group raised its stake in shares of Carlisle Companies by 2.8% during the 1st quarter. Net Worth Advisory Group now owns 1,517 shares of the conglomerate's stock worth $517,000 after purchasing an additional 41 shares in the last quarter. State of Alaska Department of Revenue raised its stake in shares of Carlisle Companies by 0.9% during the 1st quarter. State of Alaska Department of Revenue now owns 5,199 shares of the conglomerate's stock worth $1,770,000 after purchasing an additional 45 shares in the last quarter. Finally, TIAA Trust National Association raised its stake in shares of Carlisle Companies by 9.2% during the 4th quarter. TIAA Trust National Association now owns 581 shares of the conglomerate's stock worth $214,000 after purchasing an additional 49 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Carlisle Companies Stock Performance

CSL traded down $2.43 on Monday, hitting $410.26. 22,536 shares of the stock traded hands, compared to its average volume of 399,542. The business has a fifty day moving average price of $384.80 and a two-hundred day moving average price of $367.28. The company has a current ratio of 2.58, a quick ratio of 1.69 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $17.74 billion, a PE ratio of 15.32, a P/E/G ratio of 1.24 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.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, topping 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 35.93% and a net margin of 25.24%. The business's revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.72 earnings per share. On average, research analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 19th were issued a $1.00 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a yield of 0.97%. Carlisle Companies's dividend payout ratio is presently 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.