IFM Investors Pty Ltd Boosts Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

IFM Investors Pty Ltd boosted its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 8.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,147 shares of the conglomerate's stock after purchasing an additional 917 shares during the period. IFM Investors Pty Ltd's holdings in Carlisle Companies were worth $4,136,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its position in shares of Carlisle Companies by 118.3% in the fourth quarter. Jones Financial Companies Lllp now owns 753 shares of the conglomerate's stock valued at $278,000 after acquiring an additional 408 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Carlisle Companies by 19.3% in the fourth quarter. Victory Capital Management Inc. now owns 113,282 shares of the conglomerate's stock valued at $41,783,000 after buying an additional 18,314 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of Carlisle Companies in the fourth quarter valued at approximately $23,535,000. Raymond James Financial Inc. bought a new stake in shares of Carlisle Companies in the fourth quarter valued at approximately $29,839,000. Finally, Callan Family Office LLC acquired a new position in Carlisle Companies during the fourth quarter valued at approximately $333,000. 89.52% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Carlisle Companies Trading Down 0.0%

Shares of NYSE:CSL traded down $0.03 during midday trading on Monday, hitting $397.78. 545,866 shares of the stock traded hands, compared to its average volume of 396,125. The stock has a market capitalization of $17.20 billion, a PE ratio of 14.81, a P/E/G ratio of 1.19 and a beta of 1.03. The business's 50 day moving average is $382.06 and its two-hundred day moving average is $366.20. 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 Incorporated has a one year low of $311.41 and a one year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.53 by $0.08. Carlisle Companies had a net margin of 25.24% and a return on equity of 35.93%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the firm earned $3.72 earnings per share. Carlisle Companies's revenue was down .1% on a year-over-year basis. As a group, research analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 19th were issued 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.