Carlisle Companies Incorporated $CSL Shares Sold by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. lowered its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 17.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,310 shares of the conglomerate’s stock after selling 6,988 shares during the period. Mawer Investment Management Ltd.’s holdings in Carlisle Companies were worth $10,335,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. BOK Financial Private Wealth Inc. acquired a new stake in Carlisle Companies in the 4th quarter worth about $27,000. Torren Management LLC acquired a new position in shares of Carlisle Companies during the 4th quarter valued at about $33,000. Osterweis Capital Management Inc. acquired a new stake in shares of Carlisle Companies in the second quarter worth approximately $36,000. SBI Securities Co. Ltd. boosted its position in shares of Carlisle Companies by 43.0% in the third quarter. SBI Securities Co. Ltd. now owns 113 shares of the conglomerate’s stock worth $37,000 after acquiring an additional 34 shares during the last quarter. Finally, Rothschild Investment LLC increased its position in Carlisle Companies by 3,866.7% during the fourth quarter. Rothschild Investment LLC now owns 119 shares of the conglomerate’s stock worth $38,000 after purchasing an additional 116 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently weighed in on CSL shares. Robert W. Baird lifted their target price on Carlisle Companies from $402.00 to $425.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Oppenheimer raised their price objective on Carlisle Companies from $420.00 to $425.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Truist Financial lifted their price objective on Carlisle Companies from $340.00 to $360.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Raymond James Financial began coverage on shares of Carlisle Companies in a research report on Monday, April 27th. They set an “outperform” rating and a $425.00 target price for the company. Finally, JPMorgan Chase & Co. raised their price target on shares of Carlisle Companies from $400.00 to $420.00 and gave the company an “overweight” rating in a report on Monday, March 9th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Carlisle Companies has a consensus rating of “Hold” and a consensus price target of $405.00.

Carlisle Companies Price Performance

CSL opened at $338.41 on Tuesday. The company has a market capitalization of $13.69 billion, a P/E ratio of 19.89, a PEG ratio of 1.09 and a beta of 0.86. The company has a 50-day moving average of $344.94 and a 200-day moving average of $348.12. The company has a debt-to-equity ratio of 1.74, a quick ratio of 2.58 and a current ratio of 3.38. Carlisle Companies Incorporated has a 1-year low of $293.43 and a 1-year high of $435.92.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Thursday, April 23rd. The conglomerate reported $3.63 EPS for the quarter, topping the consensus estimate of $3.31 by $0.32. Carlisle Companies had a return on equity of 43.78% and a net margin of 14.57%.The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter last year, the firm earned $3.61 EPS. The business’s revenue was down 4.0% on a year-over-year basis. Equities analysts expect that Carlisle Companies Incorporated will post 21.16 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, May 18th. Carlisle Companies’s dividend payout ratio (DPR) is currently 25.87%.

Carlisle Companies Profile

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.