9,067 Carlisle Companies Incorporated $CSL Shares Acquired by ProShare Advisors LLC

ProShare Advisors LLC increased its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 12.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 84,282 shares of the conglomerate’s stock after acquiring an additional 9,067 shares during the quarter. ProShare Advisors LLC owned approximately 0.21% of Carlisle Companies worth $27,153,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in CSL. Vise Technologies Inc. boosted its stake in Carlisle Companies by 30.1% in the 3rd quarter. Vise Technologies Inc. now owns 2,099 shares of the conglomerate’s stock worth $676,000 after buying an additional 486 shares during the last quarter. Grandfield & Dodd LLC acquired a new position in shares of Carlisle Companies during the 3rd quarter valued at about $2,190,000. State of Wyoming acquired a new position in shares of Carlisle Companies during the 3rd quarter valued at about $196,000. Glenview Trust Co lifted its holdings in shares of Carlisle Companies by 8.3% during the 3rd quarter. Glenview Trust Co now owns 53,927 shares of the conglomerate’s stock worth $17,374,000 after acquiring an additional 4,143 shares during the period. Finally, BOKF NA grew its holdings in Carlisle Companies by 4.1% in the third quarter. BOKF NA now owns 5,357 shares of the conglomerate’s stock valued at $1,726,000 after purchasing an additional 209 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Analyst Ratings Changes

CSL has been the subject of several research analyst reports. DA Davidson set a $355.00 price target on shares of Carlisle Companies in a research note on Friday, October 9th. Truist Financial lowered their price objective on shares of Carlisle Companies from $360.00 to $340.00 and set a “hold” rating for the company in a research note on Tuesday, July 7th. Robert W. Baird set a $410.00 price objective on Carlisle Companies in a report on Thursday. Finally, Weiss Ratings raised Carlisle Companies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $395.83.

Carlisle Companies Trading Down 0.3%

NYSE CSL opened at $375.21 on Monday. Carlisle Companies Incorporated has a one year low of $293.43 and a one year high of $432.91. The company’s 50 day moving average price is $337.02 and its 200 day moving average price is $352.53. The company has a debt-to-equity ratio of 2.01, a quick ratio of 1.80 and a current ratio of 2.40. The firm has a market capitalization of $14.50 billion, a price-to-earnings ratio of 21.21, a PEG ratio of 1.19 and a beta of 0.78.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Wednesday, October 28th. The conglomerate reported $5.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.89 by $0.03. Carlisle Companies had a net margin of 13.78% and a return on equity of 51.25%. The company had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the prior year, the business earned $5.61 earnings per share. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. On average, sell-side analysts predict that Carlisle Companies Incorporated will post 21.14 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Wednesday, November 18th will be paid a $1.25 dividend. The ex-dividend date is Wednesday, November 18th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.3%. Carlisle Companies’s dividend payout ratio (DPR) is 28.26%.

About Carlisle Companies

Carlisle Companies Incorporated is a diversified manufacturer focused primarily on products and solutions for the building envelope. Through its construction materials businesses, the company supplies commercial and residential roofing systems, insulation, waterproofing products, air and vapor barriers, and related components designed to improve the energy efficiency, durability, and performance of buildings.

Carlisle’s product portfolio includes single-ply roofing membranes, roof coatings, metal roofing systems, polyisocyanurate and expanded polystyrene insulation, sealants, and other building-envelope products.