CWA Asset Management Group LLC Acquires 1,244 Shares of Carlisle Companies Incorporated (NYSE:CSL)

CWA Asset Management Group LLC lifted its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 28.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,608 shares of the conglomerate's stock after purchasing an additional 1,244 shares during the period. CWA Asset Management Group LLC's holdings in Carlisle Companies were worth $1,910,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. CIBC Private Wealth Group LLC increased 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 worth $535,000 after purchasing an additional 38 shares during the period. Tocqueville Asset Management L.P. increased its stake in shares of Carlisle Companies by 6.0% in the fourth quarter. Tocqueville Asset Management L.P. now owns 4,375 shares of the conglomerate's stock worth $1,614,000 after purchasing an additional 248 shares during the period. MV Capital Management Inc. increased its stake in shares of Carlisle Companies by 253.5% in the fourth quarter. MV Capital Management Inc. now owns 251 shares of the conglomerate's stock worth $93,000 after purchasing an additional 180 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Carlisle Companies by 3.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,134,954 shares of the conglomerate's stock worth $418,617,000 after purchasing an additional 34,021 shares during the period. Finally, Vontobel Holding Ltd. increased its stake in Carlisle Companies by 24.3% during the fourth quarter. Vontobel Holding Ltd. now owns 1,140 shares of the conglomerate's stock valued at $420,000 after acquiring an additional 223 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Zelman & Associates upgraded Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. Truist Financial lowered their price target on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a research note on Thursday, April 24th. Wall Street Zen upgraded Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Friday, May 16th. Finally, Robert W. Baird boosted their price target on Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a research note on Thursday, April 24th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $454.00.

Carlisle Companies Trading Down 0.3%

CSL stock opened at $354.91 on Thursday. Carlisle Companies Incorporated has a 1-year low of $311.41 and a 1-year high of $481.26. The firm has a market cap of $15.35 billion, a P/E ratio of 13.21, a P/E/G ratio of 1.07 and a beta of 1.06. The business's 50 day moving average is $376.93 and its 200-day moving average is $370.79. The company has a current ratio of 2.58, a quick ratio of 1.69 and a debt-to-equity ratio of 0.87.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced 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 business had revenue of $1.10 billion for 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 was down .1% compared to the same quarter last year. During the same period in the previous year, the business earned $3.72 EPS. Equities analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 19th were given a $1.00 dividend. The ex-dividend date was Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a yield of 1.13%. Carlisle Companies's payout ratio is 14.89%.

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.

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