Nomura Holdings Inc. Takes $2.21 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Nomura Holdings Inc. bought a new position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 5,998 shares of the conglomerate's stock, valued at approximately $2,212,000.

Several other large investors have also recently bought and sold shares of CSL. Invesco Ltd. raised its position in Carlisle Companies by 2.2% during the fourth quarter. Invesco Ltd. now owns 1,361,672 shares of the conglomerate's stock worth $502,239,000 after acquiring an additional 29,799 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of Carlisle Companies by 1.5% during the 4th quarter. Franklin Resources Inc. now owns 1,194,220 shares of the conglomerate's stock worth $440,476,000 after purchasing an additional 17,206 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Carlisle Companies by 3.1% in the 4th quarter. JPMorgan Chase & Co. now owns 1,134,954 shares of the conglomerate's stock valued at $418,617,000 after purchasing an additional 34,021 shares during the period. Wells Fargo & Company MN lifted its stake 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 purchasing an additional 538,990 shares during the last quarter. Finally, Norges Bank bought a new position in Carlisle Companies during the fourth quarter worth about $208,095,000. 89.52% of the stock is owned by institutional investors and hedge funds.

Carlisle Companies Stock Performance

NYSE CSL traded down $1.70 on Thursday, reaching $387.30. The stock had a trading volume of 50,626 shares, compared to its average volume of 392,641. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. The company has a market cap of $16.75 billion, a P/E ratio of 14.02, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07. The firm has a fifty day moving average of $361.94 and a two-hundred day moving average of $380.73. 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 announced its earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.53 by $0.08. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. The company had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.09 billion. During the same quarter in the previous year, the business posted $3.72 earnings per share. Carlisle Companies's quarterly revenue was down .1% on a year-over-year basis. On average, equities research analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 19th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.03%. Carlisle Companies's payout ratio is presently 14.89%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CSL shares. Wall Street Zen raised Carlisle Companies from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Zelman & Associates upgraded Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. Robert W. Baird raised their price target on Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. Finally, Truist Financial decreased their price objective on shares of Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a report on Thursday, April 24th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $454.00.

Carlisle Companies Company 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.