Carlisle Companies Incorporated (NYSE:CSL) Stock Holdings Increased by Net Worth Advisory Group

Net Worth Advisory Group grew its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 2.8% during the first quarter, HoldingsChannel reports. The institutional investor owned 1,517 shares of the conglomerate’s stock after buying an additional 41 shares during the quarter. Net Worth Advisory Group’s holdings in Carlisle Companies were worth $517,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of CSL. Apollon Wealth Management LLC increased its stake in Carlisle Companies by 28.7% during the fourth quarter. Apollon Wealth Management LLC now owns 1,808 shares of the conglomerate’s stock valued at $667,000 after purchasing an additional 403 shares during the last quarter. Stephens Inc. AR grew its position in shares of Carlisle Companies by 8.1% during the 4th quarter. Stephens Inc. AR now owns 1,039 shares of the conglomerate’s stock valued at $383,000 after buying an additional 78 shares during the last quarter. Quent Capital LLC raised its stake in Carlisle Companies by 144.2% during the fourth quarter. Quent Capital LLC now owns 337 shares of the conglomerate’s stock worth $124,000 after acquiring an additional 199 shares during the period. Van ECK Associates Corp raised its stake in Carlisle Companies by 1.2% during the fourth quarter. Van ECK Associates Corp now owns 7,827 shares of the conglomerate’s stock worth $2,887,000 after acquiring an additional 90 shares during the period. Finally, Asset Management One Co. Ltd. lifted its holdings in Carlisle Companies by 5.6% in the fourth quarter. Asset Management One Co. Ltd. now owns 20,685 shares of the conglomerate’s stock worth $7,695,000 after acquiring an additional 1,102 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Trading Down 2.6%

NYSE:CSL opened at $368.57 on Thursday. The stock has a market cap of $15.94 billion, a price-to-earnings ratio of 13.34, a PEG ratio of 1.03 and a beta of 1.06. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. Carlisle Companies Incorporated has a 1 year low of $311.41 and a 1 year high of $481.26. The business has a fifty day moving average of $374.03 and a 200-day moving average of $374.33.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share for the quarter, topping the consensus estimate of $3.53 by $0.08. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.72 earnings per share. Equities analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 19th were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend was Monday, May 19th. Carlisle Companies’s dividend payout ratio is currently 14.89%.

Analyst Ratings Changes

Several brokerages recently issued reports on CSL. Truist Financial cut their price target on Carlisle Companies from $420.00 to $390.00 and set a “hold” rating on the stock in a report on Thursday, April 24th. Wall Street Zen upgraded shares of Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Friday, May 16th. Zelman & Associates upgraded shares of Carlisle Companies from an “underperform” rating to a “neutral” rating in a research report on Monday, April 14th. Finally, Robert W. Baird upped their target price on shares of Carlisle Companies from $455.00 to $460.00 and gave the stock an “outperform” rating in a research report on Thursday, April 24th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $454.00.

Carlisle Companies Company 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.