Janus Henderson Group PLC Sells 27,118 Shares of Carlisle Companies Incorporated $CSL

Janus Henderson Group PLC cut its position in Carlisle Companies Incorporated (NYSE:CSL) by 9.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 257,878 shares of the conglomerate’s stock after selling 27,118 shares during the quarter. Janus Henderson Group PLC’s holdings in Carlisle Companies were worth $86,033,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. BOK Financial Private Wealth Inc. bought a new stake in shares of Carlisle Companies during the fourth quarter worth about $27,000. Osterweis Capital Management Inc. bought a new position in Carlisle Companies in the 2nd quarter valued at approximately $36,000. Signature Equity Partners LLC boosted its position in Carlisle Companies by 3,133.3% during the 1st quarter. Signature Equity Partners LLC now owns 97 shares of the conglomerate’s stock worth $32,000 after buying an additional 94 shares during the period. Torren Management LLC acquired a new stake in Carlisle Companies during the 4th quarter worth approximately $33,000. Finally, Quarry LP bought a new stake in Carlisle Companies during the 4th quarter worth approximately $36,000. 89.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CSL. Truist Financial decreased their price target on shares of Carlisle Companies from $360.00 to $340.00 and set a “hold” rating for the company in a research report on Tuesday, July 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Carlisle Companies in a research note on Wednesday, June 24th. Oppenheimer increased their price objective on Carlisle Companies from $420.00 to $425.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Robert W. Baird set a $412.00 target price on Carlisle Companies in a research report on Thursday. Finally, Raymond James Financial began coverage on Carlisle Companies in a research report on Monday, April 27th. They issued an “outperform” rating and a $425.00 price target on the stock. Five analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Carlisle Companies has an average rating of “Moderate Buy” and an average target price of $401.17.

Carlisle Companies Trading Down 2.8%

NYSE:CSL opened at $359.61 on Friday. Carlisle Companies Incorporated has a 52 week low of $293.43 and a 52 week high of $432.91. The company has a debt-to-equity ratio of 1.74, a quick ratio of 2.58 and a current ratio of 3.38. The firm’s fifty day moving average is $348.52 and its 200-day moving average is $356.10. The firm has a market cap of $14.55 billion, a P/E ratio of 20.63, a P/E/G ratio of 1.17 and a beta of 0.85.

Carlisle Companies (NYSE:CSL) last released its earnings results on Wednesday, July 29th. The conglomerate reported $7.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.35 by $0.68. The business had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.48 billion. Carlisle Companies had a net margin of 14.21% and a return on equity of 46.29%. Carlisle Companies’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $6.27 earnings per share. Equities analysts expect that Carlisle Companies Incorporated will post 21.11 earnings per share for the current year.

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.