Tredje AP fonden Has $45.69 Million Stock Position in Carlisle Companies Incorporated $CSL

Tredje AP fonden lifted its position in Carlisle Companies Incorporated (NYSE:CSL) by 80.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 122,363 shares of the conglomerate’s stock after buying an additional 54,438 shares during the quarter. Tredje AP fonden owned about 0.29% of Carlisle Companies worth $45,690,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of CSL. GFG Capital LLC acquired a new stake in shares of Carlisle Companies in the second quarter worth $25,000. Hemington Wealth Management lifted its stake in shares of 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 buying an additional 26 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Carlisle Companies by 527.3% in the second quarter. Caitong International Asset Management Co. Ltd now owns 69 shares of the conglomerate’s stock worth $26,000 after buying an additional 58 shares during the last quarter. Dagco Inc. acquired a new stake in shares of Carlisle Companies in the first quarter worth $27,000. Finally, Costello Asset Management INC acquired a new stake in shares of Carlisle Companies in the second quarter worth $34,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CSL. Robert W. Baird reduced their price objective on shares of Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating for the company in a research note on Monday, October 13th. The Goldman Sachs Group cut their target price on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a research note on Monday, October 13th. Zacks Research cut shares of Carlisle Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Vertical Research assumed coverage on shares of Carlisle Companies in a research note on Monday, October 20th. They set a “hold” rating for the company. Finally, Truist Financial cut their target price on shares of Carlisle Companies from $350.00 to $340.00 and set a “hold” rating for the company in a research note on Thursday. 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.com, the company has a consensus rating of “Hold” and an average price target of $386.67.

Carlisle Companies Price Performance

NYSE:CSL opened at $324.58 on Friday. The stock has a market cap of $13.88 billion, a P/E ratio of 18.41, a PEG ratio of 1.12 and a beta of 1.00. Carlisle Companies Incorporated has a one year low of $311.41 and a one year high of $472.66. The company has a fifty day moving average price of $347.85 and a 200 day moving average price of $371.81. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.19 and a quick ratio of 1.47.

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 the consensus estimate of $5.47 by $0.14. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. Carlisle Companies had a net margin of 15.48% and a return on equity of 39.10%. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.78 EPS. Carlisle Companies has set its FY 2025 guidance at EPS. Analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Increases Dividend

The firm 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. This is a boost from Carlisle Companies’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend was Tuesday, August 19th. This represents a $4.40 annualized dividend and a yield of 1.4%. Carlisle Companies’s payout ratio is presently 24.96%.

Carlisle Companies Company 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.