KBC Group NV Buys 787 Shares of Carlisle Companies Incorporated (NYSE:CSL)

KBC Group NV raised its position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 5.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,294 shares of the conglomerate's stock after acquiring an additional 787 shares during the period. KBC Group NV's holdings in Carlisle Companies were worth $4,867,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. TD Private Client Wealth LLC lifted its position in shares of Carlisle Companies by 475.0% during 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 last quarter. CX Institutional bought a new stake in Carlisle Companies during the 1st quarter worth approximately $49,000. GeoWealth Management LLC increased its holdings in Carlisle Companies by 25.0% during the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock valued at $53,000 after purchasing an additional 29 shares in the last quarter. Farther Finance Advisors LLC raised its position in Carlisle Companies by 95.1% in the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock valued at $59,000 after purchasing an additional 78 shares during the last quarter. Finally, Quarry LP raised its position in Carlisle Companies by 39.8% in the 4th quarter. Quarry LP now owns 186 shares of the conglomerate's stock valued at $69,000 after purchasing an additional 53 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Trading Up 0.5%

Shares of CSL traded up $2.12 during trading hours on Thursday, reaching $397.81. The stock had a trading volume of 237,479 shares, compared to its average volume of 394,269. The company has a market cap of $17.21 billion, a P/E ratio of 14.81, a P/E/G ratio of 1.17 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. 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 50-day moving average of $381.29 and a 200 day moving average of $366.58.

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

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 19th were paid a $1.00 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $4.00 annualized dividend and a yield of 1.01%. Carlisle Companies's dividend payout ratio (DPR) is currently 14.89%.

Analysts Set New Price Targets

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

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.