Bay Colony Advisory Group Inc d b a Bay Colony Advisors Acquires New Position in Carlisle Companies Incorporated $CSL

Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of Carlisle Companies Incorporated (NYSE:CSL) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,416 shares of the conglomerate’s stock, valued at approximately $529,000.

Several other large investors also recently bought and sold shares of CSL. Blair William & Co. IL purchased a new stake in shares of Carlisle Companies in the 2nd quarter valued at approximately $223,000. Strs Ohio purchased a new stake in shares of Carlisle Companies in the 1st quarter valued at approximately $17,025,000. CWM LLC grew its stake in shares of Carlisle Companies by 1.4% in the 2nd quarter. CWM LLC now owns 3,076 shares of the conglomerate’s stock valued at $1,149,000 after buying an additional 41 shares during the period. Nordea Investment Management AB grew its stake in shares of Carlisle Companies by 57.9% in the 2nd quarter. Nordea Investment Management AB now owns 17,848 shares of the conglomerate’s stock valued at $6,629,000 after buying an additional 6,547 shares during the period. Finally, Signaturefd LLC grew its stake in shares of Carlisle Companies by 9.9% in the 2nd quarter. Signaturefd LLC now owns 621 shares of the conglomerate’s stock valued at $232,000 after buying an additional 56 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on CSL shares. Truist Financial dropped 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 note on Thursday. JPMorgan Chase & Co. dropped their price target on shares of Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating for the company in a research note on Thursday. Loop Capital cut shares of Carlisle Companies from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $430.00 to $395.00 in a research report on Thursday, July 31st. Oppenheimer lowered their price objective on shares of Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. Finally, The Goldman Sachs Group lowered their price objective on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $386.67.

Carlisle Companies Stock Performance

NYSE:CSL opened at $324.58 on Friday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.47 and a current ratio of 2.19. The stock has a market capitalization of $13.88 billion, a P/E ratio of 18.41, a PEG ratio of 1.12 and a beta of 1.00. The company has a 50 day moving average price of $347.85 and a 200 day moving average price of $371.68. Carlisle Companies Incorporated has a fifty-two week low of $311.41 and a fifty-two week high of $472.66.

Carlisle Companies (NYSE:CSL) last released its earnings results on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share (EPS) for the quarter, topping 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 firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the business earned $5.78 EPS. Carlisle Companies has set its FY 2025 guidance at EPS. Equities research analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Tuesday, August 19th were issued a dividend of $1.10 per share. This is a boost from Carlisle Companies’s previous quarterly dividend of $1.00. The ex-dividend date was Tuesday, August 19th. This represents a $4.40 dividend on an annualized basis and a yield of 1.4%. Carlisle Companies’s dividend payout ratio (DPR) is currently 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.