Mediolanum International Funds Ltd lifted its holdings in Carlisle Companies Incorporated (NYSE:CSL – Free Report) by 21.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,654 shares of the conglomerate’s stock after purchasing an additional 6,448 shares during the period. Mediolanum International Funds Ltd owned 0.09% of Carlisle Companies worth $13,721,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of CSL. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Carlisle Companies by 4.2% during the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 30,238 shares of the conglomerate’s stock valued at $10,296,000 after acquiring an additional 1,221 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in Carlisle Companies by 10.5% during the first quarter. Venturi Wealth Management LLC now owns 1,458 shares of the conglomerate’s stock valued at $496,000 after purchasing an additional 139 shares during the last quarter. Carnegie Investment Counsel bought a new position in shares of Carlisle Companies in the first quarter valued at approximately $2,497,000. Advisor OS LLC lifted its stake in shares of Carlisle Companies by 73.4% in the first quarter. Advisor OS LLC now owns 1,028 shares of the conglomerate’s stock worth $350,000 after buying an additional 435 shares during the last quarter. Finally, One Wealth Advisors LLC boosted its holdings in shares of Carlisle Companies by 57.9% during the 1st quarter. One Wealth Advisors LLC now owns 1,396 shares of the conglomerate’s stock worth $475,000 after buying an additional 512 shares during the period. 89.52% of the stock is owned by institutional investors and hedge funds.
Carlisle Companies Trading Up 4.8%
Carlisle Companies stock opened at $309.70 on Friday. The business has a 50 day moving average price of $326.22 and a two-hundred day moving average price of $366.06. The company has a quick ratio of 1.47, a current ratio of 2.19 and a debt-to-equity ratio of 0.89. Carlisle Companies Incorporated has a 12 month low of $293.43 and a 12 month high of $472.66. The stock has a market cap of $12.94 billion, a price-to-earnings ratio of 17.57, a price-to-earnings-growth ratio of 1.12 and a beta of 1.00.
Carlisle Companies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.40 dividend on an annualized basis and a yield of 1.4%. Carlisle Companies’s payout ratio is presently 24.96%.
Analyst Ratings Changes
Several brokerages recently commented on CSL. Vertical Research initiated coverage on shares of Carlisle Companies in a report on Monday, October 20th. They issued a “hold” rating on the stock. 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 research note on Monday, October 13th. Weiss Ratings restated a “hold (c)” rating on shares of Carlisle Companies in a research note on Wednesday. Oppenheimer dropped their price target on Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. Finally, Zacks Research cut Carlisle Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $386.67.
Check Out Our Latest Analysis on Carlisle Companies
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.
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