Zions Bancorporation National Association UT Sells 157 Shares of Carlisle Companies Incorporated $CSL

Zions Bancorporation National Association UT lowered its stake in Carlisle Companies Incorporated (NYSE:CSL) by 3.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,406 shares of the conglomerate’s stock after selling 157 shares during the quarter. Zions Bancorporation National Association UT’s holdings in Carlisle Companies were worth $1,645,000 as of its most recent filing with the Securities & Exchange Commission.

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

Carlisle Companies Stock Performance

NYSE:CSL opened at $318.49 on Monday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.19 and a quick ratio of 1.47. Carlisle Companies Incorporated has a 1 year low of $311.41 and a 1 year high of $472.66. The stock’s 50 day simple moving average is $341.19 and its two-hundred day simple moving average is $370.90. The company has a market cap of $13.31 billion, a price-to-earnings ratio of 18.07, a PEG ratio of 1.12 and a beta of 1.00.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Wednesday, October 29th. The conglomerate reported $5.61 EPS for the quarter, beating analysts’ consensus estimates of $5.47 by $0.14. Carlisle Companies had a return on equity of 39.10% and a net margin of 15.48%.The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the company earned $5.78 EPS. The company’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, equities analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, November 14th. Carlisle Companies’s dividend payout ratio (DPR) is presently 24.96%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Robert W. Baird cut their price target on Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating for the company in a research note on Monday, October 13th. Zacks Research cut Carlisle Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. JPMorgan Chase & Co. decreased their target price on Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Oppenheimer dropped their price target on Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Carlisle Companies in a report on Thursday, October 30th. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $386.67.

About Carlisle Companies

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.