OneDigital Investment Advisors LLC Increases Position in Carlisle Companies Incorporated (NYSE:CSL)

OneDigital Investment Advisors LLC increased its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 348.4% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,861 shares of the conglomerate's stock after purchasing an additional 2,223 shares during the period. OneDigital Investment Advisors LLC's holdings in Carlisle Companies were worth $974,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. TD Private Client Wealth LLC boosted its stake 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 valued at $25,000 after purchasing an additional 57 shares in the last quarter. CX Institutional purchased a new stake in shares of Carlisle Companies in the 1st quarter valued at $49,000. GeoWealth Management LLC raised 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 buying an additional 29 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Carlisle Companies by 95.1% during the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock valued at $59,000 after buying an additional 78 shares during the last quarter. Finally, Quarry LP raised its holdings in Carlisle Companies by 39.8% during the 4th quarter. Quarry LP now owns 186 shares of the conglomerate's stock valued at $69,000 after buying an additional 53 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

Wall Street Analysts Forecast Growth

CSL has been the subject of a number of recent analyst reports. Truist Financial lowered their price target on shares of 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. started coverage on shares of Carlisle Companies in a report on Tuesday, June 24th. They issued an "overweight" rating and a $500.00 price objective for the company. Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. Robert W. Baird upped their price objective on shares of Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a report on Thursday, April 24th. Finally, Wall Street Zen upgraded shares of Carlisle Companies from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Carlisle Companies has a consensus rating of "Moderate Buy" and an average target price of $461.67.

Carlisle Companies Stock Up 3.0%

Shares of Carlisle Companies stock traded up $12.08 during trading on Wednesday, hitting $412.74. The company's stock had a trading volume of 583,278 shares, compared to its average volume of 454,965. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.69 and a current ratio of 2.58. The company has a fifty day simple moving average of $382.92 and a two-hundred day simple moving average of $366.58. The company has a market capitalization of $17.85 billion, a PE ratio of 15.37, a P/E/G ratio of 1.19 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.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $1.09 billion. During the same period last year, the business earned $3.72 EPS. Carlisle Companies's quarterly revenue was down .1% compared to the same quarter last year. Equities research analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The company 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 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend was Monday, May 19th. Carlisle Companies's dividend payout ratio (DPR) is 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.