National Pension Service Purchases 591 Shares of Carlisle Companies Incorporated $CSL

National Pension Service increased its position in Carlisle Companies Incorporated (NYSE:CSL) by 2.6% in the second quarter, Holdings Channel.com reports. The firm owned 23,721 shares of the conglomerate’s stock after acquiring an additional 591 shares during the period. National Pension Service’s holdings in Carlisle Companies were worth $8,857,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vise Technologies Inc. bought a new position in shares of Carlisle Companies in the 2nd quarter worth $541,000. Allworth Financial LP raised its holdings in Carlisle Companies by 157.1% during the 2nd quarter. Allworth Financial LP now owns 437 shares of the conglomerate’s stock worth $163,000 after buying an additional 267 shares during the period. ProShare Advisors LLC raised its holdings in shares of Carlisle Companies by 20.0% during the second quarter. ProShare Advisors LLC now owns 92,973 shares of the conglomerate’s stock worth $34,716,000 after acquiring an additional 15,466 shares during the period. PFG Advisors lifted its holdings in shares of Carlisle Companies by 23.4% in the second quarter. PFG Advisors now owns 14,875 shares of the conglomerate’s stock valued at $5,554,000 after purchasing an additional 2,817 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in Carlisle Companies in the 2nd quarter valued at approximately $6,056,000. 89.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CSL shares. JPMorgan Chase & Co. lowered their price target on shares of Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Robert W. Baird lowered their target price on Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating on the stock in a research report on Monday, October 13th. Oppenheimer reduced their price target 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. Truist Financial decreased their price target on Carlisle Companies from $350.00 to $340.00 and set a “hold” rating for the company in a research note on Thursday, October 30th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Carlisle Companies in a research note on Thursday, October 30th. Four 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 an average target price of $386.67.

Carlisle Companies Trading Down 2.8%

Carlisle Companies stock opened at $307.17 on Friday. The stock has a 50-day simple moving average of $334.20 and a 200 day simple moving average of $368.84. The stock has a market capitalization of $12.84 billion, a P/E ratio of 17.42, a PEG ratio of 1.12 and a beta of 1.00. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.47 and a current ratio of 2.19. Carlisle Companies Incorporated has a 52 week low of $305.37 and a 52 week high of $472.66.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.47 by $0.14. Carlisle Companies had a return on equity of 39.10% and a net margin of 15.48%.The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the firm posted $5.78 earnings per share. The business’s revenue was up 1.0% on a year-over-year basis. Carlisle Companies has set its FY 2025 guidance at EPS. Analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, November 14th. Carlisle Companies’s payout ratio is 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.