Roundview Capital LLC Has $9.38 Million Holdings in Carlisle Companies Incorporated $CSL

Roundview Capital LLC increased its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 0.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,122 shares of the conglomerate’s stock after purchasing an additional 224 shares during the period. Roundview Capital LLC’s holdings in Carlisle Companies were worth $9,381,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. RMG Wealth Management LLC acquired a new stake in shares of Carlisle Companies during the second quarter worth $145,000. SeaTown Holdings Pte. Ltd. lifted its holdings in Carlisle Companies by 26.3% during the second quarter. SeaTown Holdings Pte. Ltd. now owns 24,000 shares of the conglomerate’s stock worth $8,962,000 after acquiring an additional 5,000 shares in the last quarter. Mraz Amerine & Associates Inc. bought a new position in Carlisle Companies during the second quarter worth about $1,611,000. Laurus Global Equity Management Inc. lifted its holdings in Carlisle Companies by 219.2% during the second quarter. Laurus Global Equity Management Inc. now owns 10,820 shares of the conglomerate’s stock worth $4,040,000 after acquiring an additional 7,430 shares in the last quarter. Finally, DAVENPORT & Co LLC lifted its holdings in Carlisle Companies by 0.7% during the second quarter. DAVENPORT & Co LLC now owns 7,777 shares of the conglomerate’s stock worth $2,904,000 after acquiring an additional 55 shares in the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Truist Financial reduced their target price on Carlisle Companies from $380.00 to $350.00 and set a “hold” rating on the stock in a report on Monday, September 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Carlisle Companies in a report on Saturday, September 27th. Loop Capital lowered Carlisle Companies from a “buy” rating to a “hold” rating and cut their price target for the company from $430.00 to $395.00 in a report on Thursday, July 31st. JPMorgan Chase & Co. cut their price target on Carlisle Companies from $480.00 to $410.00 and set an “overweight” rating on the stock in a report on Wednesday, September 17th. Finally, Zacks Research lowered Carlisle Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 23rd. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Carlisle Companies presently has an average rating of “Hold” and an average price target of $429.17.

Carlisle Companies Stock Performance

Shares of Carlisle Companies stock opened at $328.30 on Tuesday. Carlisle Companies Incorporated has a one year low of $311.41 and a one year high of $481.26. The firm has a market cap of $14.03 billion, a price-to-earnings ratio of 18.34, a price-to-earnings-growth ratio of 1.06 and a beta of 1.00. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.19 and a quick ratio of 1.47. The stock’s 50-day moving average is $366.46 and its 200-day moving average is $373.22.

Carlisle Companies (NYSE:CSL) last released its earnings results on Wednesday, July 30th. The conglomerate reported $6.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.67 by ($0.40). Carlisle Companies had a return on equity of 38.16% and a net margin of 16.12%.The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the previous year, the company posted $6.24 EPS. The business’s revenue was down .1% on a year-over-year basis. Equities analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Tuesday, August 19th were issued a dividend of $1.10 per share. The ex-dividend date was Tuesday, August 19th. This is a boost from Carlisle Companies’s previous quarterly dividend of $1.00. This represents a $4.40 annualized dividend and a yield of 1.3%. Carlisle Companies’s dividend payout ratio is currently 24.58%.

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.