Carlisle Companies Incorporated $CSL Shares Acquired by Tilia Fiduciary Partners Inc.

Tilia Fiduciary Partners Inc. lifted its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 2.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,688 shares of the conglomerate’s stock after purchasing an additional 188 shares during the quarter. Carlisle Companies comprises about 1.8% of Tilia Fiduciary Partners Inc.’s investment portfolio, making the stock its 16th biggest position. Tilia Fiduciary Partners Inc.’s holdings in Carlisle Companies were worth $2,871,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Allspring Global Investments Holdings LLC boosted its holdings in shares of Carlisle Companies by 4.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,148,796 shares of the conglomerate’s stock worth $394,244,000 after purchasing an additional 49,102 shares during the last quarter. Madison Asset Management LLC boosted its holdings in shares of Carlisle Companies by 28.2% during the first quarter. Madison Asset Management LLC now owns 515,134 shares of the conglomerate’s stock worth $175,403,000 after purchasing an additional 113,312 shares during the last quarter. Bessemer Group Inc. raised its stake in Carlisle Companies by 8.4% during the first quarter. Bessemer Group Inc. now owns 504,790 shares of the conglomerate’s stock worth $171,880,000 after purchasing an additional 39,329 shares during the period. Dimensional Fund Advisors LP raised its stake in Carlisle Companies by 11.3% during the first quarter. Dimensional Fund Advisors LP now owns 499,341 shares of the conglomerate’s stock worth $170,017,000 after purchasing an additional 50,578 shares during the period. Finally, Northern Trust Corp raised its stake in Carlisle Companies by 1.4% during the first quarter. Northern Trust Corp now owns 495,556 shares of the conglomerate’s stock worth $168,737,000 after purchasing an additional 6,948 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Stock Down 1.1%

Shares of NYSE CSL opened at $328.25 on Friday. Carlisle Companies Incorporated has a 12-month low of $311.41 and a 12-month high of $481.26. The company has a market cap of $14.03 billion, a P/E ratio of 18.34, a P/E/G ratio of 1.08 and a beta of 1.00. The company has a current ratio of 2.19, a quick ratio of 1.47 and a debt-to-equity ratio of 0.89. The stock has a fifty day moving average price of $368.43 and a 200 day moving average price of $372.88.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Wednesday, July 30th. The conglomerate reported $6.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.67 by ($0.40). Carlisle Companies had a net margin of 16.12% and a return on equity of 38.16%. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the prior year, the company posted $6.24 earnings per share. The firm’s revenue for the quarter was down .1% on a year-over-year basis. Research analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Tuesday, August 19th were issued a $1.10 dividend. The ex-dividend date was Tuesday, August 19th. This represents a $4.40 annualized dividend and a yield of 1.3%. This is an increase from Carlisle Companies’s previous quarterly dividend of $1.00. Carlisle Companies’s payout ratio is currently 24.58%.

Analyst Ratings Changes

A number of analysts have recently commented on CSL shares. Zacks Research downgraded Carlisle Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Carlisle Companies in a report on Saturday, September 27th. JPMorgan Chase & Co. dropped their price objective on Carlisle Companies from $480.00 to $410.00 and set an “overweight” rating for the company in a report on Wednesday, September 17th. Loop Capital downgraded Carlisle Companies from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $430.00 to $395.00 in a report on Thursday, July 31st. Finally, Truist Financial dropped their price objective on Carlisle Companies from $380.00 to $350.00 and set a “hold” rating for the company in a report on Monday, September 22nd. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Carlisle Companies currently has a consensus rating of “Hold” and an average price target of $429.17.

Carlisle Companies 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.