Aviva PLC Has $26.59 Million Stake in Carlisle Companies Incorporated $CSL

Aviva PLC cut its stake in Carlisle Companies Incorporated (NYSE:CSL) by 47.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,213 shares of the conglomerate’s stock after selling 64,297 shares during the quarter. Aviva PLC owned 0.17% of Carlisle Companies worth $26,591,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of CSL. GFG Capital LLC purchased a new position in shares of Carlisle Companies during the second quarter valued at approximately $25,000. Hemington Wealth Management boosted its holdings in Carlisle Companies by 61.9% during the 2nd quarter. Hemington Wealth Management now owns 68 shares of the conglomerate’s stock worth $25,000 after acquiring an additional 26 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in Carlisle Companies by 527.3% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 69 shares of the conglomerate’s stock worth $26,000 after acquiring an additional 58 shares during the last quarter. Dagco Inc. bought a new stake in shares of Carlisle Companies in the 1st quarter worth $27,000. Finally, Costello Asset Management INC purchased a new stake in shares of Carlisle Companies in the second quarter valued at about $34,000. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Price Performance

Shares of NYSE:CSL opened at $318.49 on Monday. The firm has a market capitalization of $13.31 billion, a PE ratio of 18.07, a P/E/G ratio of 1.12 and a beta of 1.00. The company has a quick ratio of 1.47, a current ratio of 2.19 and a debt-to-equity ratio of 0.89. The company has a 50-day moving average price of $341.19 and a two-hundred day moving average price of $370.90. Carlisle Companies Incorporated has a twelve month low of $311.41 and a twelve month high of $472.66.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $5.61 EPS for the quarter, beating analysts’ consensus estimates of $5.47 by $0.14. The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Carlisle Companies had a net margin of 15.48% and a return on equity of 39.10%. Carlisle Companies’s revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company posted $5.78 EPS. Carlisle Companies has set its FY 2025 guidance at EPS. Equities analysts forecast 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, December 1st. Stockholders of record on Friday, November 14th will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, November 14th. Carlisle Companies’s dividend payout ratio (DPR) is presently 24.96%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on CSL shares. Robert W. Baird cut their price target on shares of Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating on the stock in a report on Monday, October 13th. Zacks Research downgraded Carlisle Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Loop Capital lowered Carlisle Companies from a “buy” rating to a “hold” rating and reduced their target price for the company from $430.00 to $395.00 in a report on Thursday, July 31st. Truist Financial dropped their price target on Carlisle Companies from $350.00 to $340.00 and set a “hold” rating on the stock in a report on Thursday, October 30th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Carlisle Companies in a research report on Thursday, October 30th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $386.67.

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.