First Eagle Investment Management LLC Sells 10,653 Shares of Carlisle Companies Incorporated $CSL

First Eagle Investment Management LLC lessened its stake in Carlisle Companies Incorporated (NYSE:CSL) by 1.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 537,448 shares of the conglomerate’s stock after selling 10,653 shares during the quarter. First Eagle Investment Management LLC owned about 1.26% of Carlisle Companies worth $200,683,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CSL. Baron Wealth Management LLC increased its holdings in Carlisle Companies by 4.4% in the 2nd quarter. Baron Wealth Management LLC now owns 623 shares of the conglomerate’s stock valued at $233,000 after buying an additional 26 shares during the period. Hemington Wealth Management increased its stake in Carlisle Companies by 61.9% in the second quarter. Hemington Wealth Management now owns 68 shares of the conglomerate’s stock valued at $25,000 after acquiring an additional 26 shares during the last quarter. Park Avenue Securities LLC raised its position in Carlisle Companies by 3.8% during the second quarter. Park Avenue Securities LLC now owns 829 shares of the conglomerate’s stock valued at $310,000 after purchasing an additional 30 shares in the last quarter. Crestwood Advisors Group LLC lifted its stake in Carlisle Companies by 2.1% during the first quarter. Crestwood Advisors Group LLC now owns 1,485 shares of the conglomerate’s stock worth $506,000 after purchasing an additional 31 shares during the last quarter. Finally, TFG Advisers LLC boosted its holdings in shares of Carlisle Companies by 2.2% in the 2nd quarter. TFG Advisers LLC now owns 1,565 shares of the conglomerate’s stock valued at $584,000 after purchasing an additional 33 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Stock Down 4.2%

NYSE:CSL opened at $315.42 on Friday. Carlisle Companies Incorporated has a one year low of $311.41 and a one year high of $472.66. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.19 and a quick ratio of 1.47. The company has a market cap of $13.18 billion, a PE ratio of 17.89, a P/E/G ratio of 1.12 and a beta of 1.00. The firm’s 50 day simple moving average is $342.54 and its 200 day simple moving average is $370.92.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.47 by $0.14. Carlisle Companies had a net margin of 15.48% and a return on equity of 39.10%. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the firm earned $5.78 earnings per share. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. Carlisle Companies has set its FY 2025 guidance at EPS. On average, research analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be given 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 is Friday, November 14th. Carlisle Companies’s payout ratio is 24.96%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Carlisle Companies in a research report on Thursday, October 30th. Zacks Research cut shares of Carlisle Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 23rd. Truist Financial decreased their price target on shares of Carlisle Companies from $350.00 to $340.00 and set a “hold” rating on the stock in a report on Thursday, October 30th. The Goldman Sachs Group dropped their price objective on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a research note on Monday, October 13th. Finally, Robert W. Baird cut their target price on shares of Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating on the stock in a research report on Monday, October 13th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $386.67.

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.