Impax Asset Management Group plc Sells 8,030 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Impax Asset Management Group plc lessened its position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 8.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,748 shares of the conglomerate's stock after selling 8,030 shares during the quarter. Impax Asset Management Group plc owned about 0.20% of Carlisle Companies worth $29,538,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in CSL. TD Private Client Wealth LLC boosted its holdings in shares of Carlisle Companies by 475.0% in the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after purchasing an additional 57 shares during the period. CX Institutional purchased a new position in shares of Carlisle Companies in the 1st quarter worth approximately $49,000. GeoWealth Management LLC boosted its holdings in shares of Carlisle Companies by 25.0% in the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock worth $53,000 after purchasing an additional 29 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of Carlisle Companies by 95.1% in the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after purchasing an additional 78 shares during the period. Finally, Quarry LP boosted its holdings in shares of Carlisle Companies by 39.8% in the 4th quarter. Quarry LP now owns 186 shares of the conglomerate's stock worth $69,000 after purchasing an additional 53 shares during the period. Hedge funds and other institutional investors own 89.52% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on CSL. Wall Street Zen upgraded Carlisle Companies from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Truist Financial dropped their target price on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a report on Thursday, April 24th. JPMorgan Chase & Co. initiated 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. Zelman & Associates upgraded Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. Finally, Robert W. Baird boosted their price objective on Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a report 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 company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $461.67.

Carlisle Companies Trading Up 1.0%

CSL traded up $4.06 during trading hours on Tuesday, reaching $401.14. 752,001 shares of the company's stock traded hands, compared to its average volume of 398,305. The firm has a 50-day moving average price of $382.92 and a 200 day moving average price of $366.58. 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. The firm has a market capitalization of $17.35 billion, a PE ratio of 14.93, a PEG ratio of 1.19 and a beta of 1.03.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share 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 analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the company posted $3.72 EPS. As a group, sell-side analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

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