Carlisle Companies Incorporated (NYSE:CSL) Shares Acquired by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC boosted its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 105.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,737 shares of the conglomerate’s stock after acquiring an additional 892 shares during the period. Aptus Capital Advisors LLC’s holdings in Carlisle Companies were worth $781,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Resonant Capital Advisors LLC increased its position in shares of Carlisle Companies by 3.4% in the 3rd quarter. Resonant Capital Advisors LLC now owns 739 shares of the conglomerate’s stock valued at $332,000 after purchasing an additional 24 shares during the last quarter. Tributary Capital Management LLC raised its stake in Carlisle Companies by 1.1% in the third quarter. Tributary Capital Management LLC now owns 2,275 shares of the conglomerate’s stock valued at $1,023,000 after buying an additional 24 shares in the last quarter. Diversify Advisory Services LLC lifted its holdings in Carlisle Companies by 1.6% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,561 shares of the conglomerate’s stock worth $719,000 after buying an additional 25 shares during the last quarter. Equitable Trust Co. boosted its position in shares of Carlisle Companies by 0.3% during the 3rd quarter. Equitable Trust Co. now owns 8,614 shares of the conglomerate’s stock worth $3,874,000 after acquiring an additional 25 shares in the last quarter. Finally, Covestor Ltd increased its holdings in shares of Carlisle Companies by 19.3% in the 3rd quarter. Covestor Ltd now owns 198 shares of the conglomerate’s stock valued at $89,000 after acquiring an additional 32 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analyst Upgrades and Downgrades

CSL has been the subject of several recent analyst reports. Robert W. Baird decreased their target price on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Oppenheimer upped their target price on shares of Carlisle Companies from $480.00 to $505.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. Truist Financial started coverage on shares of Carlisle Companies in a research report on Thursday. They issued a “hold” rating and a $460.00 price target for the company. Finally, StockNews.com lowered Carlisle Companies from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Carlisle Companies currently has an average rating of “Moderate Buy” and an average target price of $472.00.

Carlisle Companies Trading Down 0.9 %

Shares of Carlisle Companies stock opened at $450.58 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. The company has a market capitalization of $20.42 billion, a P/E ratio of 15.94, a PEG ratio of 1.48 and a beta of 0.91. Carlisle Companies Incorporated has a 1 year low of $269.58 and a 1 year high of $481.26. The company’s fifty day moving average is $441.60 and its two-hundred day moving average is $421.92.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.82 by ($0.04). Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter last year, the firm earned $4.68 EPS. The business’s revenue was up 5.9% on a year-over-year basis. Analysts forecast that Carlisle Companies Incorporated will post 20.36 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, November 15th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend is Friday, November 15th. Carlisle Companies’s dividend payout ratio is presently 14.15%.

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.