Vise Technologies Inc. Invests $541,000 in Carlisle Companies Incorporated $CSL

Vise Technologies Inc. bought a new stake in Carlisle Companies Incorporated (NYSE:CSL) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,448 shares of the conglomerate’s stock, valued at approximately $541,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Baron Wealth Management LLC boosted its stake in shares of Carlisle Companies by 4.4% during the second quarter. Baron Wealth Management LLC now owns 623 shares of the conglomerate’s stock valued at $233,000 after acquiring an additional 26 shares during the last quarter. Hemington Wealth Management increased its stake in shares of Carlisle Companies by 61.9% during the 2nd quarter. Hemington Wealth Management now owns 68 shares of the conglomerate’s stock valued at $25,000 after acquiring an additional 26 shares during the last quarter. Park Avenue Securities LLC grew its holdings in Carlisle Companies by 3.8% in the second quarter. Park Avenue Securities LLC now owns 829 shares of the conglomerate’s stock valued at $310,000 after purchasing an additional 30 shares during the period. Crestwood Advisors Group LLC boosted its holdings in shares of Carlisle Companies by 2.1% in the 1st quarter. Crestwood Advisors Group LLC now owns 1,485 shares of the conglomerate’s stock valued at $506,000 after purchasing an additional 31 shares during the last quarter. Finally, TFG Advisers LLC grew its position in Carlisle Companies by 2.2% during the second quarter. TFG Advisers LLC now owns 1,565 shares of the conglomerate’s stock valued at $584,000 after acquiring an additional 33 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Price Performance

CSL opened at $307.17 on Friday. The stock has a market cap of $12.84 billion, a price-to-earnings ratio of 17.42, a PEG ratio of 1.12 and a beta of 1.00. The stock has a fifty day moving average price of $334.20 and a 200 day moving average price of $368.84. The company has a current ratio of 2.19, a quick ratio of 1.47 and a debt-to-equity ratio of 0.89. Carlisle Companies Incorporated has a 1 year low of $305.37 and a 1 year high of $472.66.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $5.61 EPS for the quarter, beating analysts’ consensus estimates of $5.47 by $0.14. The company 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 company’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the firm posted $5.78 earnings per share. Carlisle Companies has set its FY 2025 guidance at EPS. Analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, November 14th. Carlisle Companies’s payout ratio is currently 24.96%.

Analysts Set New Price Targets

CSL has been the topic of several recent research reports. Vertical Research began coverage on Carlisle Companies in a research report on Monday, October 20th. They set a “hold” rating on the stock. Truist Financial decreased their price target on shares of Carlisle Companies from $350.00 to $340.00 and set a “hold” rating for the company in a research report on Thursday, October 30th. Zacks Research lowered shares of Carlisle Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 23rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Carlisle Companies in a research report on Thursday, October 30th. Finally, The Goldman Sachs Group decreased their price objective on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a report on Monday, October 13th. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Carlisle Companies has an average rating of “Hold” and an average target price of $386.67.

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.