Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Carlisle Companies Incorporated (NYSE:CSL)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 29,017 shares of the conglomerate's stock, valued at approximately $10,703,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.07% of Carlisle Companies at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TD Private Client Wealth LLC raised its stake in shares of Carlisle Companies by 475.0% during the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after buying an additional 57 shares during the period. GeoWealth Management LLC lifted its stake 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 purchasing an additional 29 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Carlisle Companies by 95.1% in the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after acquiring an additional 78 shares in the last quarter. Quarry LP increased its stake in shares of Carlisle Companies by 39.8% during the fourth quarter. Quarry LP now owns 186 shares of the conglomerate's stock worth $69,000 after buying an additional 53 shares during the period. Finally, MV Capital Management Inc. raised its stake in Carlisle Companies by 253.5% in the fourth quarter. MV Capital Management Inc. now owns 251 shares of the conglomerate's stock valued at $93,000 after buying an additional 180 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on CSL shares. Truist Financial cut their price target 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. Robert W. Baird increased their target price on shares of Carlisle Companies from $455.00 to $460.00 and gave the company 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 report on Friday, May 16th. Finally, Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $454.00.

Carlisle Companies Price Performance

Carlisle Companies stock traded up $4.45 during mid-day trading on Wednesday, hitting $382.78. 383,506 shares of the company were exchanged, compared to its average volume of 394,357. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. Carlisle Companies Incorporated has a 12-month low of $311.41 and a 12-month high of $481.26. The business's 50 day simple moving average is $370.07 and its two-hundred day simple moving average is $376.49. The company has a market capitalization of $16.56 billion, a P/E ratio of 13.85, a PEG ratio of 1.03 and a beta of 1.06.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, topping analysts' consensus estimates of $3.53 by $0.08. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.09 billion. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The firm's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business posted $3.72 EPS. Analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The company 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. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend was Monday, May 19th. Carlisle Companies's dividend payout ratio 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.