Segall Bryant & Hamill LLC Grows Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Segall Bryant & Hamill LLC raised its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 2.8% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 38,394 shares of the conglomerate's stock after purchasing an additional 1,036 shares during the period. Segall Bryant & Hamill LLC owned 0.09% of Carlisle Companies worth $13,073,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. TD Private Client Wealth LLC lifted its position in shares of Carlisle Companies by 475.0% in the fourth quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock valued at $25,000 after acquiring an additional 57 shares in the last quarter. CX Institutional purchased a new stake in shares of Carlisle Companies in the first quarter worth about $49,000. GeoWealth Management LLC lifted its position in shares of Carlisle Companies by 25.0% in the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock worth $53,000 after buying an additional 29 shares in the last quarter. Wayfinding Financial LLC purchased a new stake in shares of Carlisle Companies in the first quarter worth about $55,000. Finally, Allworth Financial LP lifted 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 worth $58,000 after buying an additional 42 shares in the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Carlisle Companies Stock Up 0.8%

NYSE CSL traded up $3.13 during midday trading on Friday, hitting $410.10. 307,380 shares of the company traded hands, compared to its average volume of 404,101. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.58 and a quick ratio of 1.69. The company has a market cap of $17.74 billion, a PE ratio of 15.27, a price-to-earnings-growth ratio of 1.23 and a beta of 1.03. The company's 50-day simple moving average is $386.54 and its 200-day simple moving average is $368.54. 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 announced its earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.53 by $0.08. The business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.09 billion. Carlisle Companies had a return on equity of 35.93% and a net margin of 25.24%. The business's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter last year, the firm earned $3.72 EPS. As a group, equities research analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 19th were given a $1.00 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.98%. Carlisle Companies's payout ratio is 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.