Jefferies Financial Group Inc. Makes New Investment in Carlisle Companies Incorporated (NYSE:CSL)

Jefferies Financial Group Inc. acquired a new stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,288 shares of the conglomerate's stock, valued at approximately $4,163,000.

Other large investors also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC lifted its stake in Carlisle Companies by 475.0% during the fourth 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 last quarter. GeoWealth Management LLC lifted its stake in Carlisle Companies by 25.0% during the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock worth $53,000 after purchasing an additional 29 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Carlisle Companies by 95.1% during the fourth 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 last quarter. Quarry LP lifted its stake in Carlisle Companies by 39.8% during the fourth quarter. Quarry LP now owns 186 shares of the conglomerate's stock worth $69,000 after purchasing an additional 53 shares during the last quarter. Finally, Generali Asset Management SPA SGR bought a new stake in Carlisle Companies during the fourth quarter worth about $93,000. Institutional investors own 89.52% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on CSL shares. Truist Financial dropped their price target on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a research note on Thursday, April 24th. Wall Street Zen raised Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Friday, May 16th. Robert W. Baird lifted their price objective on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a report on Thursday, April 24th. 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 four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $454.00.

Carlisle Companies Trading Down 1.8%

Shares of CSL traded down $7.08 during trading hours on Friday, hitting $380.26. The company had a trading volume of 759,954 shares, compared to its average volume of 395,159. Carlisle Companies Incorporated has a 52-week low of $311.41 and a 52-week high of $481.26. The firm has a market cap of $16.45 billion, a P/E ratio of 13.76, a P/E/G ratio of 1.03 and a beta of 1.07. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. The stock's 50 day moving average price is $368.20 and its 200 day moving average price is $377.45.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.53 by $0.08. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the business earned $3.72 EPS. Carlisle Companies's revenue was down .1% compared to the same quarter last year. On average, research analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a yield of 1.05%. Carlisle Companies's dividend payout ratio is presently 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.