Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 112.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 240,516 shares of the conglomerate's stock after purchasing an additional 127,234 shares during the period. Victory Capital Management Inc. owned about 0.56% of Carlisle Companies worth $81,896,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC increased its stake in shares of Carlisle Companies by 475.0% during the fourth quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after purchasing an additional 57 shares in the last quarter. CX Institutional purchased a new stake in shares of Carlisle Companies during the first quarter worth about $49,000. GeoWealth Management LLC increased its stake in shares of 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. Wayfinding Financial LLC purchased a new stake in shares of Carlisle Companies during the first quarter worth about $55,000. Finally, Allworth Financial LP increased its stake in shares of Carlisle Companies by 32.8% during the first quarter. Allworth Financial LP now owns 170 shares of the conglomerate's stock worth $58,000 after purchasing an additional 42 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Trading Up 0.8%

NYSE:CSL traded up $3.13 on Friday, hitting $410.10. The stock had a trading volume of 307,380 shares, compared to its average volume of 404,101. 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 has a market cap of $17.74 billion, a price-to-earnings ratio of 15.27, a PEG ratio of 1.23 and a beta of 1.03. The company has a fifty day moving average price of $386.54 and a two-hundred day moving average price of $368.53. 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 posted its earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share for the quarter, beating the consensus estimate of $3.53 by $0.08. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. Carlisle Companies had a net margin of 25.24% and a return on equity of 35.93%. Carlisle Companies's revenue was down .1% on a year-over-year basis. During the same period in the previous year, the business posted $3.72 EPS. Equities research analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 19th were issued a $1.00 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $4.00 annualized dividend and a dividend yield of 0.98%. Carlisle Companies's dividend payout ratio is currently 14.89%.

Wall Street Analyst Weigh In

CSL has been the topic of a number of recent research reports. Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. JPMorgan Chase & Co. initiated coverage on shares of Carlisle Companies in a research report on Tuesday, June 24th. They set an "overweight" rating and a $500.00 price target on the stock. Robert W. Baird boosted their price target on shares of Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a research 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, Truist Financial lowered their price target on shares of Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a research report on Thursday, April 24th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $461.67.

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.