Carlisle Companies Incorporated (NYSE:CSL) Receives $454.00 Consensus PT from Brokerages

Shares of Carlisle Companies Incorporated (NYSE:CSL) have earned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $454.00.

CSL has been the topic of several research analyst reports. Zelman & Associates raised Carlisle Companies from an “underperform” rating to a “neutral” rating in a research note on Monday, April 14th. Truist Financial dropped their target price 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. Wall Street Zen raised Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Friday, May 16th. Finally, Robert W. Baird increased their target price on Carlisle Companies from $455.00 to $460.00 and gave the company an “outperform” rating in a research report on Thursday, April 24th.

Carlisle Companies Stock Down 0.1%

Shares of NYSE:CSL opened at $378.27 on Monday. Carlisle Companies has a 52-week low of $311.41 and a 52-week high of $481.26. The stock has a market cap of $16.36 billion, a P/E ratio of 13.69, a price-to-earnings-growth ratio of 1.03 and a beta of 1.06. The business’s 50 day moving average is $371.53 and its 200 day moving average is $375.68. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.53 by $0.08. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the prior year, the firm earned $3.72 earnings per share. Carlisle Companies’s revenue was down .1% compared to the same quarter last year. Sell-side analysts predict that Carlisle Companies will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 19th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a $4.00 annualized dividend and a yield of 1.06%. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.89%.

Institutional Trading of Carlisle Companies

A number of institutional investors have recently made changes to their positions in CSL. Janney Montgomery Scott LLC acquired a new stake in shares of Carlisle Companies in the 4th quarter worth $2,189,000. Blue Trust Inc. boosted its position in shares of Carlisle Companies by 26.0% in the 4th quarter. Blue Trust Inc. now owns 910 shares of the conglomerate’s stock worth $336,000 after purchasing an additional 188 shares in the last quarter. Caprock Group LLC boosted its position in shares of Carlisle Companies by 16.6% in the 4th quarter. Caprock Group LLC now owns 921 shares of the conglomerate’s stock worth $340,000 after purchasing an additional 131 shares in the last quarter. Clear Creek Financial Management LLC acquired a new stake in shares of Carlisle Companies in the 4th quarter worth $228,000. Finally, Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Carlisle Companies by 947.6% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 16,982 shares of the conglomerate’s stock worth $6,264,000 after purchasing an additional 15,361 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

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.