Numerai GP LLC Purchases New Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Numerai GP LLC purchased a new stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 710 shares of the conglomerate's stock, valued at approximately $262,000.

Several other large investors have also recently made changes to their positions in CSL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Carlisle Companies by 5.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 335,679 shares of the conglomerate's stock worth $123,812,000 after acquiring an additional 18,502 shares during the last quarter. Jefferies Financial Group Inc. bought a new stake in Carlisle Companies in the 4th quarter worth $4,163,000. Focus Partners Wealth increased its position in shares of Carlisle Companies by 133.3% in the fourth quarter. Focus Partners Wealth now owns 1,346 shares of the conglomerate's stock valued at $502,000 after acquiring an additional 769 shares during the period. FORA Capital LLC bought a new position in shares of Carlisle Companies during the fourth quarter valued at about $2,918,000. Finally, Deutsche Bank AG boosted its holdings in shares of Carlisle Companies by 10.1% during the fourth quarter. Deutsche Bank AG now owns 165,631 shares of the conglomerate's stock worth $61,091,000 after purchasing an additional 15,219 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Truist Financial reduced their price objective 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. Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. StockNews.com raised Carlisle Companies from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Finally, Robert W. Baird upped their target price on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a report on Thursday, April 24th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $454.00.

Carlisle Companies Trading Down 1.7%

Shares of CSL stock traded down $6.73 during trading hours on Wednesday, reaching $396.61. 64,707 shares of the stock were exchanged, compared to its average volume of 392,467. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $17.15 billion, a price-to-earnings ratio of 14.36, a price-to-earnings-growth 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's 50-day moving average price is $360.87 and its 200-day moving average price is $380.68.

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

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Monday, May 19th. Carlisle Companies's dividend payout ratio is currently 14.89%.

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.