Carlisle Companies (NYSE:CSL) Releases Quarterly Earnings Results, Beats Estimates By $0.68 EPS

Carlisle Companies (NYSE:CSL) released its quarterly earnings results on Wednesday. The conglomerate reported $7.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.35 by $0.68, FiscalAI reports. Carlisle Companies had a return on equity of 46.29% and a net margin of 14.21%.The company had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.48 billion. During the same quarter in the prior year, the business posted $6.27 earnings per share. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year.

Here are the key takeaways from Carlisle Companies’ conference call:

• Record Q2 results included revenue of $1.6 billion, up 8% year over year, and adjusted EPS of $7.03, up 12%, supported by reroofing demand, strategic initiatives, productivity gains, and share repurchases.
• Higher petroleum-based raw-material and freight costs reduced adjusted EBITDA margin by 70 basis points to 26.2%; management lowered its full-year margin outlook by 50 basis points to flat year over year, although pricing is expected to turn favorable in the fourth quarter.
• Carlisle raised its full-year revenue outlook to mid-single-digit growth despite assuming no recovery in new construction, with healthy reroofing demand and commercial execution driving CCM and share gains supporting CWT.
• CWT’s margin improved 380 basis points sequentially as automation, footprint consolidation, and in-house EPS resin capacity began contributing; the company expects further second-half improvement and approximately $20 million of full-year margin expansion from these initiatives.
• Strong cash generation and confidence that the stock is undervalued prompted Carlisle to increase its 2026 share-repurchase target from $1.0 billion to $1.2 billion; management also reaffirmed its Vision 2030 targets of $40 adjusted EPS and ROIC above 25%.

Carlisle Companies Price Performance

NYSE:CSL traded down $14.25 during mid-day trading on Friday, reaching $355.63. 172,953 shares of the stock were exchanged, compared to its average volume of 455,084. The company has a current ratio of 3.38, a quick ratio of 2.58 and a debt-to-equity ratio of 1.74. The business has a fifty day moving average price of $348.01 and a 200 day moving average price of $356.08. Carlisle Companies has a 1-year low of $293.43 and a 1-year high of $432.91. The firm has a market capitalization of $14.39 billion, a PE ratio of 20.42, a PEG ratio of 1.06 and a beta of 0.85.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Oppenheimer upped their price objective on shares of Carlisle Companies from $420.00 to $425.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Raymond James Financial started coverage on shares of Carlisle Companies in a research report on Monday, April 27th. They set an “outperform” rating and a $425.00 price target on the stock. Truist Financial reduced their price target on shares of Carlisle Companies from $360.00 to $340.00 and set a “hold” rating for the company in a research note on Tuesday, July 7th. Robert W. Baird set a $412.00 price objective on shares of Carlisle Companies in a report on Thursday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Carlisle Companies in a research note on Wednesday, June 24th. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $401.17.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CSL. Generation Investment Management LLP purchased a new stake in shares of Carlisle Companies during the fourth quarter valued at $109,217,000. Champlain Investment Partners LLC increased its stake in Carlisle Companies by 150.8% in the 4th quarter. Champlain Investment Partners LLC now owns 335,065 shares of the conglomerate’s stock worth $107,174,000 after purchasing an additional 201,485 shares in the last quarter. Victory Capital Management Inc. raised its holdings in Carlisle Companies by 190.7% during the 4th quarter. Victory Capital Management Inc. now owns 259,275 shares of the conglomerate’s stock worth $82,932,000 after buying an additional 170,100 shares during the period. Lazard Asset Management LLC lifted its position in shares of Carlisle Companies by 464.2% in the 2nd quarter. Lazard Asset Management LLC now owns 180,889 shares of the conglomerate’s stock valued at $67,543,000 after acquiring an additional 148,829 shares in the last quarter. Finally, State Street Corp boosted its stake in Carlisle Companies by 6.9% in the 4th quarter. State Street Corp now owns 2,090,341 shares of the conglomerate’s stock worth $668,616,000 after purchasing an additional 134,241 shares during the period. Institutional investors own 89.52% of the company’s stock.

About Carlisle Companies

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.