The Manufacturers Life Insurance Company purchased a new position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,342 shares of the conglomerate's stock, valued at approximately $8,830,000. The Manufacturers Life Insurance Company owned 0.06% of Carlisle Companies at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in shares of Carlisle Companies during the fourth quarter valued at approximately $8,582,000. SEB Asset Management AB bought a new position in shares of Carlisle Companies in the 1st quarter worth $6,783,000. Brandywine Global Investment Management LLC lifted its holdings in shares of Carlisle Companies by 49.3% in the 4th quarter. Brandywine Global Investment Management LLC now owns 86,311 shares of the conglomerate's stock worth $27,607,000 after purchasing an additional 28,493 shares in the last quarter. Lazard Asset Management LLC grew its position in Carlisle Companies by 5.5% in the 1st quarter. Lazard Asset Management LLC now owns 190,650 shares of the conglomerate's stock valued at $63,605,000 after purchasing an additional 10,009 shares during the period. Finally, Amundi grew its position in Carlisle Companies by 80.7% in the 1st quarter. Amundi now owns 232,936 shares of the conglomerate's stock valued at $77,706,000 after purchasing an additional 104,018 shares during the period. 89.52% of the stock is owned by institutional investors.
Key Stories Impacting Carlisle Companies
Here are the key news stories impacting Carlisle Companies this week:
- Positive Sentiment: Zacks raised its earnings forecasts: Estimates were increased for several periods, including FY2027 EPS to $24.31 from $24.25 and FY2028 EPS to $27.05 from $26.98. Forecasts were also raised for Q1 2027, Q2 2027, Q4 2027 and Q2 2028. These revisions suggest incremental confidence in Carlisle’s earnings growth. MarketBeat Carlisle analyst estimates
- Positive Sentiment: Recent quarterly performance exceeded expectations: Carlisle’s latest reported quarter produced $7.03 in adjusted earnings per share versus the $6.35 analyst consensus, while revenue of $1.57 billion surpassed the $1.48 billion estimate and increased 8.3% year over year. This provides fundamental support for the stock and may help offset recent weakness.
- Neutral Sentiment: Investors are awaiting the next catalyst: Carlisle reported earnings approximately 30 days ago, and the next major driver will likely be another quarterly report or updated management guidance. The current full-year consensus is approximately $21.27–$21.29 in EPS. Carlisle Down Since Last Earnings Report: Can It Rebound?
- Negative Sentiment: Shares have declined 2.5% since the earnings release: The pullback indicates that investors may be taking profits, waiting for additional evidence of sustained growth, or reacting to factors not reflected in the small upward estimate revisions. The decline leaves CSL near its 50-day and 200-day moving averages, making upcoming guidance and results especially important.
Carlisle Companies Price Performance
Shares of NYSE:CSL opened at $356.14 on Friday. The company has a current ratio of 2.60, a quick ratio of 2.04 and a debt-to-equity ratio of 1.78. The stock has a market cap of $14.14 billion, a PE ratio of 20.43, a price-to-earnings-growth ratio of 1.12 and a beta of 0.85. The stock's fifty day simple moving average is $359.21 and its two-hundred day simple moving average is $357.70. Carlisle Companies Incorporated has a 1-year low of $293.43 and a 1-year high of $432.91.
Carlisle Companies (NYSE:CSL - Get Free Report) last posted its earnings results on Wednesday, July 29th. The conglomerate reported $7.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.35 by $0.68. The firm had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.48 billion. Carlisle Companies had a net margin of 14.21% and a return on equity of 47.58%. The business's revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $6.27 EPS. As a group, analysts forecast that Carlisle Companies Incorporated will post 21.27 EPS for the current fiscal year.
Carlisle Companies Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 19th will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, August 19th. This is a positive change from Carlisle Companies's previous quarterly dividend of $1.10. Carlisle Companies's payout ratio is currently 28.69%.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on the stock. Truist Financial lowered their price objective on shares of Carlisle Companies from $360.00 to $340.00 and set a "hold" rating on the stock in a report on Tuesday, July 7th. DA Davidson started coverage on shares of Carlisle Companies in a report on Monday, August 24th. They set a "neutral" rating and a $410.00 price objective for the company. Weiss Ratings raised shares of Carlisle Companies from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday. Finally, Robert W. Baird set a $412.00 target price on shares of Carlisle Companies in a report on Thursday, July 30th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $402.43.
Check Out Our Latest Analysis on Carlisle Companies
About Carlisle Companies
(
Free Report)
Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company's operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.
Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.
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