Oppenheimer Cuts Carlisle Companies (NYSE:CSL) Price Target to $420.00

Carlisle Companies (NYSE:CSL) had its price target decreased by Oppenheimer from $435.00 to $420.00 in a report released on Monday,Benzinga reports. Oppenheimer currently has an outperform rating on the conglomerate’s stock.

Several other equities analysts have also issued reports on CSL. Zacks Research upgraded Carlisle Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. William Blair restated a “market perform” rating on shares of Carlisle Companies in a research report on Wednesday, March 18th. Robert W. Baird cut their price objective on Carlisle Companies from $420.00 to $402.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Carlisle Companies in a research report on Friday, March 27th. Finally, JPMorgan Chase & Co. lifted their price objective on Carlisle Companies from $400.00 to $420.00 and gave the stock an “overweight” rating in a research report on Monday, March 9th. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $393.67.

Carlisle Companies Stock Performance

Shares of NYSE CSL opened at $353.49 on Monday. The stock’s 50-day moving average is $361.41 and its 200 day moving average is $344.37. The company has a current ratio of 3.09, a quick ratio of 2.49 and a debt-to-equity ratio of 1.60. Carlisle Companies has a 1-year low of $293.43 and a 1-year high of $435.92. The stock has a market cap of $14.45 billion, a price-to-earnings ratio of 20.66, a P/E/G ratio of 1.16 and a beta of 0.95.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, February 3rd. The conglomerate reported $3.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.60 by $0.30. Carlisle Companies had a return on equity of 41.58% and a net margin of 14.76%.The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period last year, the company earned $4.47 EPS. Carlisle Companies’s revenue for the quarter was up .4% compared to the same quarter last year. On average, sell-side analysts anticipate that Carlisle Companies will post 20.55 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Tuesday, February 17th were given a dividend of $1.10 per share. The ex-dividend date was Tuesday, February 17th. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. Carlisle Companies’s payout ratio is currently 25.72%.

Insider Transactions at Carlisle Companies

In related news, insider Stephen Schwar sold 6,049 shares of Carlisle Companies stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $417.36, for a total transaction of $2,524,610.64. Following the sale, the insider directly owned 8,540 shares in the company, valued at $3,564,254.40. The trade was a 41.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP David W. Smith sold 1,800 shares of Carlisle Companies stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $414.05, for a total value of $745,290.00. Following the sale, the vice president owned 3,697 shares in the company, valued at $1,530,742.85. This represents a 32.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 68,289 shares of company stock valued at $28,125,467. Company insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Carlisle Companies

Hedge funds have recently made changes to their positions in the company. Bridges Investment Management Inc. raised its stake in Carlisle Companies by 221.3% during the third quarter. Bridges Investment Management Inc. now owns 148,107 shares of the conglomerate’s stock valued at $48,721,000 after buying an additional 102,014 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Carlisle Companies by 4.0% during the third quarter. Envestnet Asset Management Inc. now owns 227,526 shares of the conglomerate’s stock valued at $74,847,000 after buying an additional 8,701 shares during the last quarter. Citigroup Inc. raised its stake in Carlisle Companies by 51.8% during the third quarter. Citigroup Inc. now owns 28,336 shares of the conglomerate’s stock valued at $9,321,000 after buying an additional 9,673 shares during the last quarter. Impact Partnership Wealth LLC purchased a new position in Carlisle Companies during the third quarter valued at $540,000. Finally, M&G PLC purchased a new position in Carlisle Companies during the third quarter valued at $11,913,000. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies News Roundup

Here are the key news stories impacting Carlisle Companies this week:

• Positive Sentiment: Analysts remain upbeat on industrial names including Carlisle, citing resilient end-market exposure and margin strength that could support upside to results. Analysts Are Bullish on Top Industrial Goods Stocks: CAE (CAE), Carlisle Companies (CSL)
• Positive Sentiment: A Zacks preview highlights Carlisle’s strong history of earnings surprises and says the company has the indicators that favor another beat, which could lift the stock if Q1 results surprise on the upside. Will Carlisle (CSL) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: A Yahoo Finance Q1 preview lays out expectations and items to watch for the quarter — guidance, margin trends, and end-market demand — useful context but not a clear catalyst until management comments or results. Carlisle (CSL) Q1 Earnings: What To Expect
• Negative Sentiment: Oppenheimer published a pessimistic forecast for CSL, which increases downside risk from negative analyst sentiment and could pressure the stock pre-earnings. Oppenheimer Issues Pessimistic Forecast for Carlisle Companies (NYSE:CSL) Stock Price
• Negative Sentiment: Zacks Research has trimmed Q1–Q4 and full-year EPS forecasts (multiple downward revisions) and maintains a “Hold” view — the cuts signal some analyst caution on near-term growth and may cap upside until clearer guidance arrives. MarketBeat — Carlisle Companies (CSL) analyst note summary

About Carlisle Companies

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.