Laurion Capital Management LP Sells 64 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Laurion Capital Management LP lowered its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 9.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 618 shares of the conglomerate’s stock after selling 64 shares during the period. Laurion Capital Management LP’s holdings in Carlisle Companies were worth $228,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Diversify Advisory Services LLC increased its stake in shares of Carlisle Companies by 1.7% during the fourth quarter. Diversify Advisory Services LLC now owns 1,587 shares of the conglomerate’s stock worth $586,000 after purchasing an additional 26 shares during the period. GeoWealth Management LLC increased its stake in shares of Carlisle Companies by 25.0% during the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate’s stock worth $53,000 after purchasing an additional 29 shares during the period. CIBC Private Wealth Group LLC increased its stake in shares of Carlisle Companies by 2.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate’s stock worth $535,000 after purchasing an additional 38 shares during the period. Metis Global Partners LLC increased its stake in shares of Carlisle Companies by 6.4% during the fourth quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate’s stock worth $238,000 after purchasing an additional 39 shares during the period. Finally, Harbor Capital Advisors Inc. increased its stake in Carlisle Companies by 1.0% during the 4th quarter. Harbor Capital Advisors Inc. now owns 4,141 shares of the conglomerate’s stock worth $1,527,000 after acquiring an additional 43 shares during the period. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Trading Down 0.2%

Shares of CSL opened at $390.52 on Monday. Carlisle Companies Incorporated has a 52-week low of $311.41 and a 52-week high of $481.26. The business’s fifty day moving average is $351.12 and its 200-day moving average is $381.27. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The firm has a market cap of $16.89 billion, a price-to-earnings ratio of 14.13, a PEG ratio of 1.03 and a beta of 1.07.

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

Carlisle Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Monday, May 19th. Carlisle Companies’s dividend payout ratio (DPR) is 14.89%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CSL shares. Truist Financial lowered their price objective on Carlisle Companies from $420.00 to $390.00 and set a “hold” rating on the stock in a research note on Thursday, April 24th. StockNews.com upgraded Carlisle Companies from a “sell” rating to a “hold” rating in a research note on Tuesday, May 6th. The Goldman Sachs Group lowered their price objective on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Zelman & Associates upgraded Carlisle Companies from an “underperform” rating to a “neutral” rating in a research note on Monday, April 14th. Finally, Robert W. Baird raised their price objective on Carlisle Companies from $455.00 to $460.00 and gave the stock an “outperform” rating in a research note on Thursday, April 24th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $454.00.

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.