Nia Impact Advisors LLC Increases Position in Carlisle Companies Incorporated (NYSE:CSL)

Nia Impact Advisors LLC boosted its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 7.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,494 shares of the conglomerate's stock after acquiring an additional 1,274 shares during the quarter. Carlisle Companies accounts for about 2.1% of Nia Impact Advisors LLC's investment portfolio, making the stock its 15th largest holding. Nia Impact Advisors LLC's holdings in Carlisle Companies were worth $6,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Diversify Advisory Services LLC boosted its holdings in Carlisle Companies by 1.7% during the 4th quarter. Diversify Advisory Services LLC now owns 1,587 shares of the conglomerate's stock valued at $586,000 after acquiring an additional 26 shares during the period. GeoWealth Management LLC raised its position in Carlisle Companies by 25.0% during the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock valued at $53,000 after purchasing an additional 29 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in Carlisle Companies by 2.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate's stock valued at $535,000 after purchasing an additional 38 shares during the last quarter. Metis Global Partners LLC raised its position in Carlisle Companies by 6.4% during the 4th quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate's stock valued at $238,000 after purchasing an additional 39 shares during the last quarter. Finally, TIAA Trust National Association raised its position in Carlisle Companies by 9.2% during the 4th quarter. TIAA Trust National Association now owns 581 shares of the conglomerate's stock valued at $214,000 after purchasing an additional 49 shares during the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CSL has been the subject of several research reports. Robert W. Baird increased their target price on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a research report on Thursday, April 24th. Zelman & Associates raised Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. StockNews.com upgraded Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Friday. Finally, Truist Financial dropped their price target on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a research note on Thursday, April 24th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Carlisle Companies currently has a consensus rating of "Moderate Buy" and an average price target of $454.00.

Carlisle Companies Trading Up 2.0%

CSL traded up $7.85 on Friday, hitting $408.73. The company had a trading volume of 318,557 shares, compared to its average volume of 394,251. The company has a market cap of $17.68 billion, a PE ratio of 14.79, a PEG ratio of 1.03 and a beta of 1.07. Carlisle Companies Incorporated has a 12-month low of $311.41 and a 12-month high of $481.26. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. The business's fifty day simple moving average is $357.82 and its 200 day simple moving average is $381.21.

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

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be given a $1.00 dividend. The ex-dividend date is Monday, May 19th. This represents a $4.00 annualized dividend and a yield of 0.98%. Carlisle Companies's dividend payout ratio is currently 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.