Natixis Advisors LLC Raises Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Natixis Advisors LLC boosted its position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 18.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 161,024 shares of the conglomerate's stock after buying an additional 24,694 shares during the quarter. Natixis Advisors LLC owned approximately 0.37% of Carlisle Companies worth $54,829,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CX Institutional purchased a new position in shares of Carlisle Companies during the 1st quarter valued at approximately $49,000. GeoWealth Management LLC raised its position 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 acquiring an additional 29 shares during the period. Wayfinding Financial LLC purchased a new position in Carlisle Companies during the first quarter valued at $55,000. Allworth Financial LP grew its position in shares of Carlisle Companies by 32.8% in the first quarter. Allworth Financial LP now owns 170 shares of the conglomerate's stock valued at $58,000 after purchasing an additional 42 shares during the period. Finally, Quarry LP grew its position in shares of Carlisle Companies by 39.8% in the fourth quarter. Quarry LP now owns 186 shares of the conglomerate's stock valued at $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.

Carlisle Companies Price Performance

CSL stock traded down $2.24 during mid-day trading on Friday, reaching $352.47. The company's stock had a trading volume of 975,100 shares, compared to its average volume of 491,503. The company has a current ratio of 2.58, a quick ratio of 1.69 and a debt-to-equity ratio of 0.87. The company's 50 day moving average is $388.49 and its two-hundred day moving average is $370.97. Carlisle Companies Incorporated has a fifty-two week low of $311.41 and a fifty-two week high of $481.26. The stock has a market cap of $15.24 billion, a PE ratio of 19.69, a P/E/G ratio of 1.06 and a beta of 1.05.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The conglomerate reported $6.27 EPS for the quarter, missing the consensus estimate of $6.67 by ($0.40). The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.50 billion. Carlisle Companies had a net margin of 16.12% and a return on equity of 36.83%. Carlisle Companies'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 posted $6.24 EPS. Equities research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Carlisle Companies from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Robert W. Baird boosted their price objective on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a research note on Thursday, April 24th. Zelman & Associates upgraded Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. Loop Capital lowered Carlisle Companies from a "buy" rating to a "hold" rating and lowered their price target for the stock from $430.00 to $395.00 in a research note on Thursday. Finally, 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 report on Thursday, April 24th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, Carlisle Companies has an average rating of "Moderate Buy" and a consensus price target of $450.83.

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.