SG Americas Securities LLC Purchases 1,013 Shares of Carlisle Companies Incorporated (NYSE:CSL)

SG Americas Securities LLC boosted its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 253.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,412 shares of the conglomerate's stock after purchasing an additional 1,013 shares during the period. SG Americas Securities LLC's holdings in Carlisle Companies were worth $481,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in CSL. CIBC Private Wealth Group LLC boosted its position in shares of Carlisle Companies by 2.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate's stock valued at $535,000 after acquiring an additional 38 shares during the period. Tocqueville Asset Management L.P. raised its position in Carlisle Companies by 6.0% during the fourth quarter. Tocqueville Asset Management L.P. now owns 4,375 shares of the conglomerate's stock valued at $1,614,000 after purchasing an additional 248 shares in the last quarter. MV Capital Management Inc. lifted its stake in Carlisle Companies by 253.5% during the fourth quarter. MV Capital Management Inc. now owns 251 shares of the conglomerate's stock worth $93,000 after purchasing an additional 180 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Carlisle Companies by 3.1% in the 4th quarter. JPMorgan Chase & Co. now owns 1,134,954 shares of the conglomerate's stock valued at $418,617,000 after purchasing an additional 34,021 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in shares of Carlisle Companies by 15.6% in the 1st quarter. Park Avenue Securities LLC now owns 799 shares of the conglomerate's stock valued at $272,000 after purchasing an additional 108 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on CSL shares. JPMorgan Chase & Co. assumed coverage on Carlisle Companies in a research report on Tuesday. They set an "overweight" rating and a $500.00 price objective for the company. Robert W. Baird increased their target price 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. Wall Street Zen upgraded shares of Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Friday, May 16th. Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. Finally, Truist Financial dropped their price objective on shares of Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a research note on Thursday, April 24th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $461.67.

Carlisle Companies Trading Up 2.2%

Shares of CSL stock traded up $8.19 during mid-day trading on Tuesday, reaching $372.45. 574,323 shares of the stock traded hands, compared to its average volume of 394,984. The company has a market cap of $16.11 billion, a price-to-earnings ratio of 13.87, a price-to-earnings-growth ratio of 1.10 and a beta of 1.06. 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 stock's fifty day simple moving average is $377.98 and its two-hundred day simple moving average is $368.04. Carlisle Companies Incorporated has a 1-year low of $311.41 and a 1-year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly 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 firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm earned $3.72 earnings per share. On average, research analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 19th were given a $1.00 dividend. The ex-dividend date was Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.07%. Carlisle Companies's dividend payout ratio (DPR) is presently 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.