Carlisle Companies Incorporated $CSL Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 27.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,025 shares of the conglomerate’s stock after selling 387 shares during the period. SG Americas Securities LLC’s holdings in Carlisle Companies were worth $383,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. GFG Capital LLC acquired a new position in Carlisle Companies during the 2nd quarter worth $25,000. Hemington Wealth Management raised its position in Carlisle Companies by 61.9% in the 2nd quarter. Hemington Wealth Management now owns 68 shares of the conglomerate’s stock valued at $25,000 after purchasing an additional 26 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Carlisle Companies by 527.3% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 69 shares of the conglomerate’s stock valued at $26,000 after buying an additional 58 shares during the period. Dagco Inc. acquired a new position in shares of Carlisle Companies during the first quarter worth about $27,000. Finally, Costello Asset Management INC purchased a new stake in shares of Carlisle Companies during the second quarter worth approximately $34,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Price Performance

Shares of NYSE:CSL opened at $318.07 on Friday. Carlisle Companies Incorporated has a 12 month low of $293.43 and a 12 month high of $464.00. The firm has a market capitalization of $13.29 billion, a P/E ratio of 18.04, a P/E/G ratio of 1.12 and a beta of 1.00. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.19 and a quick ratio of 1.47. The company’s fifty day moving average price is $323.70 and its 200 day moving average price is $363.41.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.47 by $0.14. Carlisle Companies had a return on equity of 39.10% and a net margin of 15.48%.The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the company posted $5.78 earnings per share. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. Carlisle Companies has set its FY 2025 guidance at EPS. As a group, sell-side analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

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

Analyst Ratings Changes

A number of brokerages recently issued reports on CSL. JPMorgan Chase & Co. decreased 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, October 30th. Vertical Research began coverage on shares of Carlisle Companies in a research report on Monday, October 20th. They set a “hold” rating for the company. The Goldman Sachs Group dropped their target price on Carlisle Companies from $444.00 to $385.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Carlisle Companies in a report on Tuesday. Finally, Zacks Research cut Carlisle Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $386.67.

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.