Jefferies Financial Group Inc. Buys Shares of 11,288 Carlisle Companies Incorporated (NYSE:CSL)

Jefferies Financial Group Inc. purchased a new position in shares of Carlisle Companies Incorporated (NYSE:CSL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,288 shares of the conglomerate’s stock, valued at approximately $4,163,000.

A number of other institutional investors have also recently added to or reduced their stakes in CSL. TD Private Client Wealth LLC boosted its position in shares of Carlisle Companies by 475.0% during the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate’s stock valued at $25,000 after purchasing an additional 57 shares in the last quarter. GeoWealth Management LLC increased its stake in Carlisle Companies by 25.0% in the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate’s stock valued at $53,000 after buying an additional 29 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Carlisle Companies by 95.1% in the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate’s stock worth $59,000 after acquiring an additional 78 shares during the last quarter. UMB Bank n.a. increased its position in Carlisle Companies by 55.4% in the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock worth $69,000 after purchasing an additional 67 shares during the last quarter. Finally, Quarry LP raised its position in Carlisle Companies by 39.8% during the fourth quarter. Quarry LP now owns 186 shares of the conglomerate’s stock valued at $69,000 after acquiring an additional 53 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Price Performance

Shares of Carlisle Companies stock opened at $401.17 on Tuesday. The stock has a market capitalization of $17.35 billion, a price-to-earnings ratio of 14.52, a P/E/G ratio of 1.03 and a beta of 1.07. The firm’s 50-day moving average price is $352.40 and its two-hundred day moving average price is $381.16. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. Carlisle Companies Incorporated has a 1-year low of $311.41 and a 1-year high of $481.26.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share for the quarter, beating analysts’ consensus estimates of $3.53 by $0.08. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The business’s revenue was down .1% on a year-over-year basis. During the same period last year, the firm posted $3.72 EPS. On average, equities analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be issued a $1.00 dividend. 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 1.00%. Carlisle Companies’s dividend payout ratio is 14.89%.

Analyst Ratings Changes

CSL has been the topic of several recent research reports. Zelman & Associates upgraded Carlisle Companies from an “underperform” rating to a “neutral” rating in a report on Monday, April 14th. StockNews.com upgraded shares of Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Tuesday, May 6th. The Goldman Sachs Group lowered their price objective on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Robert W. Baird upped their target price on shares of Carlisle Companies from $455.00 to $460.00 and gave the company an “outperform” rating in a research note on Thursday, April 24th. Finally, Truist Financial lowered their price target on 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 analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Carlisle Companies has a consensus rating of “Moderate Buy” and an average target price of $454.00.

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.