Carlisle Companies Incorporated (NYSE:CSL) Stake Lifted by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 5.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,643 shares of the conglomerate's stock after purchasing an additional 1,014 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Carlisle Companies were worth $6,688,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of CSL. Wells Fargo & Company MN boosted its position in Carlisle Companies by 692.1% in the 4th quarter. Wells Fargo & Company MN now owns 616,873 shares of the conglomerate's stock valued at $227,527,000 after buying an additional 538,990 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Carlisle Companies by 38,164.5% in the first quarter. GAMMA Investing LLC now owns 507,005 shares of the conglomerate's stock worth $172,635,000 after acquiring an additional 505,680 shares in the last quarter. Inlight Wealth Management LLC acquired a new position in shares of Carlisle Companies in the fourth quarter worth about $118,038,000. Cooke & Bieler LP purchased a new position in Carlisle Companies in the first quarter valued at about $74,095,000. Finally, Pacer Advisors Inc. boosted its holdings in Carlisle Companies by 1,611.7% in the first quarter. Pacer Advisors Inc. now owns 214,985 shares of the conglomerate's stock valued at $73,202,000 after purchasing an additional 202,425 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

Carlisle Companies Stock Performance

Shares of NYSE CSL traded down $2.24 during trading on Friday, reaching $352.47. The stock had a trading volume of 975,100 shares, compared to its average volume of 491,503. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.69 and a current ratio of 2.58. The stock has a market cap of $15.24 billion, a PE ratio of 19.69, a P/E/G ratio of 1.06 and a beta of 1.05. Carlisle Companies Incorporated has a one year low of $311.41 and a one year high of $481.26. The firm's 50 day moving average price is $388.49 and its two-hundred day moving average price is $370.97.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The conglomerate reported $6.27 EPS for the quarter, missing analysts' consensus estimates of $6.67 by ($0.40). The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.50 billion. Carlisle Companies had a return on equity of 36.83% and a net margin of 16.12%. The business's revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.24 EPS. On average, research analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Truist Financial dropped their price objective on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a report on Thursday, April 24th. Loop Capital lowered shares of Carlisle Companies from a "buy" rating to a "hold" rating and dropped their price target for the stock from $430.00 to $395.00 in a research note on Thursday. JPMorgan Chase & Co. initiated coverage on shares of Carlisle Companies in a report on Tuesday, June 24th. They issued an "overweight" rating and a $500.00 price target on the stock. Wall Street Zen upgraded shares of Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Friday, May 16th. Finally, Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, Carlisle Companies currently has a consensus rating of "Moderate Buy" and a consensus target price of $450.83.

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.