Universal Beteiligungs und Servicegesellschaft mbH Trims Stake in Carlisle Companies Incorporated $CSL

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 1.0% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,943 shares of the conglomerate’s stock after selling 295 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.07% of Carlisle Companies worth $11,181,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Boston Common Asset Management LLC increased its stake in shares of Carlisle Companies by 9.4% during the second quarter. Boston Common Asset Management LLC now owns 13,952 shares of the conglomerate’s stock valued at $5,210,000 after buying an additional 1,202 shares during the period. EFG Asset Management North America Corp. boosted its holdings in Carlisle Companies by 11.3% in the second quarter. EFG Asset Management North America Corp. now owns 8,725 shares of the conglomerate’s stock valued at $3,260,000 after acquiring an additional 885 shares in the last quarter. Andra AP fonden increased its position in Carlisle Companies by 1,207.7% during the 2nd quarter. Andra AP fonden now owns 27,449 shares of the conglomerate’s stock valued at $10,249,000 after purchasing an additional 25,350 shares during the period. Blair William & Co. IL bought a new position in Carlisle Companies in the 2nd quarter worth $223,000. Finally, Strs Ohio bought a new position in Carlisle Companies in the 1st quarter worth $17,025,000. 89.52% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on CSL. The Goldman Sachs Group cut their price objective on Carlisle Companies from $444.00 to $385.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. Oppenheimer lowered their price objective on Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. Vertical Research initiated coverage on shares of Carlisle Companies in a report on Monday, October 20th. They set a “hold” rating on the stock. Zacks Research lowered shares of Carlisle Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Finally, Loop Capital lowered shares of Carlisle Companies from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $430.00 to $395.00 in a research note 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $386.67.

Carlisle Companies Stock Performance

CSL stock opened at $304.03 on Thursday. The stock’s 50 day simple moving average is $329.27 and its 200 day simple moving average is $367.08. 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 Incorporated has a 12-month low of $295.09 and a 12-month high of $472.66. The stock has a market capitalization of $12.70 billion, a PE ratio of 17.24, a price-to-earnings-growth ratio of 1.12 and a beta of 1.00.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Wednesday, October 29th. The conglomerate reported $5.61 EPS for the quarter, topping analysts’ consensus estimates of $5.47 by $0.14. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. Carlisle Companies had a return on equity of 39.10% and a net margin of 15.48%.The company’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the company earned $5.78 EPS. Carlisle Companies has set its FY 2025 guidance at EPS. As a group, research analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The company 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 dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, November 14th. Carlisle Companies’s dividend payout ratio is presently 24.96%.

About Carlisle Companies

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.