State of Wyoming Increases Position in Carlisle Companies Incorporated $CSL

State of Wyoming grew its position in Carlisle Companies Incorporated (NYSE:CSL) by 535.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,946 shares of the conglomerate’s stock after purchasing an additional 1,640 shares during the quarter. State of Wyoming’s holdings in Carlisle Companies were worth $727,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. HighTower Advisors LLC lifted its position in Carlisle Companies by 13.0% during the 1st quarter. HighTower Advisors LLC now owns 23,253 shares of the conglomerate’s stock worth $7,918,000 after acquiring an additional 2,684 shares during the period. Russell Investments Group Ltd. raised its holdings in Carlisle Companies by 63.2% during the first quarter. Russell Investments Group Ltd. now owns 38,361 shares of the conglomerate’s stock worth $13,062,000 after purchasing an additional 14,849 shares in the last quarter. Vestmark Advisory Solutions Inc. lifted its position in Carlisle Companies by 108.2% in the first quarter. Vestmark Advisory Solutions Inc. now owns 2,898 shares of the conglomerate’s stock valued at $987,000 after purchasing an additional 1,506 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Carlisle Companies by 11.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 499,341 shares of the conglomerate’s stock valued at $170,017,000 after purchasing an additional 50,578 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Carlisle Companies by 1.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,783 shares of the conglomerate’s stock worth $948,000 after purchasing an additional 35 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. The Goldman Sachs Group dropped their price objective on Carlisle Companies from $444.00 to $385.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Robert W. Baird lowered their price target on shares of Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating on the stock in a research note on Monday, October 13th. Oppenheimer reduced their price objective on shares of Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Vertical Research assumed coverage on shares of Carlisle Companies in a research report on Monday, October 20th. They set a “hold” rating on the stock. Finally, Truist Financial dropped their target price on shares of Carlisle Companies from $350.00 to $340.00 and set a “hold” rating for the company in a report on Thursday, October 30th. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $386.67.

Carlisle Companies Trading Down 1.1%

Shares of CSL opened at $330.64 on Monday. Carlisle Companies Incorporated has a 1-year low of $293.43 and a 1-year high of $435.92. The company has a debt-to-equity ratio of 1.45, a current ratio of 3.25 and a quick ratio of 2.62. The firm has a 50 day simple moving average of $322.28 and a 200-day simple moving average of $357.86. The stock has a market cap of $13.82 billion, a price-to-earnings ratio of 18.75, a price-to-earnings-growth ratio of 1.15 and a beta of 0.96.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share for the quarter, topping the consensus estimate of $5.47 by $0.14. Carlisle Companies had a return on equity of 40.26% and a net margin of 15.48%.The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the business posted $5.78 earnings per share. Carlisle Companies’s revenue was up 1.0% compared to the same quarter last year. Equities analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th were issued a dividend of $1.10 per share. The ex-dividend date was Friday, November 14th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.3%. Carlisle Companies’s payout ratio is 24.96%.

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.