Carlisle Companies Incorporated $CSL Shares Acquired by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 20.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,400 shares of the conglomerate’s stock after acquiring an additional 2,300 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Carlisle Companies were worth $5,004,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. GFG Capital LLC acquired a new stake in Carlisle Companies in the second quarter worth about $25,000. Hemington Wealth Management boosted its holdings in Carlisle Companies by 61.9% in the second quarter. Hemington Wealth Management now owns 68 shares of the conglomerate’s stock worth $25,000 after acquiring an additional 26 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Carlisle Companies by 527.3% during the second quarter. Caitong International Asset Management Co. Ltd now owns 69 shares of the conglomerate’s stock worth $26,000 after purchasing an additional 58 shares during the period. Dagco Inc. acquired a new stake in shares of Carlisle Companies during the first quarter worth about $27,000. Finally, Costello Asset Management INC acquired a new stake in shares of Carlisle Companies during the second quarter worth about $34,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Wall Street Analyst Weigh In

CSL has been the subject of a number of research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Carlisle Companies in a report on Thursday. Truist Financial decreased their target price on Carlisle Companies from $350.00 to $340.00 and set a “hold” rating for the company in a report on Thursday. JPMorgan Chase & Co. decreased their target price on Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating for the company in a report on Thursday. The Goldman Sachs Group decreased their target price on Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a report on Monday, October 13th. Finally, Loop Capital downgraded Carlisle Companies from a “buy” rating to a “hold” rating and decreased their target price for the stock from $430.00 to $395.00 in a report on Thursday, July 31st. Four equities research 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’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $386.67.

Carlisle Companies Trading Down 1.6%

Shares of NYSE:CSL opened at $325.80 on Friday. Carlisle Companies Incorporated has a 12-month low of $311.41 and a 12-month high of $472.66. The company has a market capitalization of $13.93 billion, a PE ratio of 18.48, a PEG ratio of 1.12 and a beta of 1.00. The business has a 50 day moving average of $349.32 and a two-hundred day moving average of $371.90. The company has a current ratio of 2.19, a quick ratio of 1.47 and a debt-to-equity ratio of 0.89.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.47 by $0.14. Carlisle Companies had a return on equity of 39.10% 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 period in the previous year, the company posted $5.78 earnings per share. Carlisle Companies’s revenue for the quarter was up 1.0% on a year-over-year basis. Carlisle Companies has set its FY 2025 guidance at EPS. As a group, analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Tuesday, August 19th were issued a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, August 19th. This is a boost from Carlisle Companies’s previous quarterly dividend of $1.00. This represents a $4.40 dividend on an annualized basis and a yield of 1.4%. Carlisle Companies’s dividend payout ratio is presently 24.58%.

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.