4,059 Shares in Carlisle Companies Incorporated $CSL Purchased by Calamos Advisors LLC

Calamos Advisors LLC bought a new stake in Carlisle Companies Incorporated (NYSE:CSL) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 4,059 shares of the conglomerate’s stock, valued at approximately $1,354,000.

Several other large investors have also modified their holdings of CSL. AMG National Trust Bank bought a new position in Carlisle Companies during the 1st quarter worth approximately $826,000. Principal Financial Group Inc. boosted its holdings in shares of Carlisle Companies by 1.7% during the first quarter. Principal Financial Group Inc. now owns 94,903 shares of the conglomerate’s stock valued at $31,662,000 after acquiring an additional 1,543 shares during the period. Parr Mcknight Wealth Management Group LLC grew its position in Carlisle Companies by 83.9% in the 1st quarter. Parr Mcknight Wealth Management Group LLC now owns 2,957 shares of the conglomerate’s stock worth $987,000 after purchasing an additional 1,349 shares during the last quarter. Y.D. More Investments Ltd bought a new position in Carlisle Companies in the 1st quarter worth approximately $471,000. Finally, LGT Fund Management Co Ltd. bought a new position in shares of Carlisle Companies in the first quarter worth $300,000. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Price Performance

NYSE CSL opened at $352.28 on Friday. Carlisle Companies Incorporated has a twelve month low of $293.43 and a twelve month high of $435.92. 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 stock has a market capitalization of $14.26 billion, a PE ratio of 20.71, a P/E/G ratio of 1.08 and a beta of 0.85. The stock has a 50-day simple moving average of $348.65 and a 200 day simple moving average of $355.56.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $3.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.32. Carlisle Companies had a net margin of 14.57% and a return on equity of 43.78%. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter last year, the company posted $3.61 earnings per share. Carlisle Companies’s quarterly revenue was down 4.0% on a year-over-year basis. Research analysts anticipate that Carlisle Companies Incorporated will post 21.16 EPS for the current year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 18th were given a $1.10 dividend. The ex-dividend date was Monday, May 18th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. Carlisle Companies’s dividend payout ratio (DPR) is currently 25.87%.

Analyst Ratings Changes

Several research analysts have recently issued reports on CSL shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Carlisle Companies in a report on Wednesday, June 24th. Oppenheimer boosted their price objective on Carlisle Companies from $420.00 to $425.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Truist Financial cut their target price on shares of Carlisle Companies from $360.00 to $340.00 and set a “hold” rating on the stock in a research note on Tuesday, July 7th. Robert W. Baird increased their price target on shares of Carlisle Companies from $402.00 to $425.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Finally, Raymond James Financial started coverage on Carlisle Companies in a report on Monday, April 27th. They set an “outperform” rating and a $425.00 price objective for the company. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $402.14.

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.