Legal & General Group Plc Has $60.82 Million Stock Holdings in Carlisle Companies Incorporated $CSL

Legal & General Group Plc grew its position in Carlisle Companies Incorporated (NYSE:CSL) by 4.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 162,884 shares of the conglomerate’s stock after buying an additional 7,569 shares during the period. Legal & General Group Plc’s holdings in Carlisle Companies were worth $60,821,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers increased its position in Carlisle Companies by 5.4% in the first quarter. Cetera Investment Advisers now owns 8,882 shares of the conglomerate’s stock worth $3,024,000 after purchasing an additional 458 shares during the period. HB Wealth Management LLC boosted its stake in shares of Carlisle Companies by 109.3% in the 1st quarter. HB Wealth Management LLC now owns 2,066 shares of the conglomerate’s stock valued at $703,000 after purchasing an additional 1,079 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Carlisle Companies by 5.4% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,643 shares of the conglomerate’s stock worth $6,688,000 after buying an additional 1,014 shares during the period. Mackenzie Financial Corp grew its position in shares of Carlisle Companies by 10.4% during the 1st quarter. Mackenzie Financial Corp now owns 3,744 shares of the conglomerate’s stock worth $1,275,000 after buying an additional 352 shares during the period. Finally, Meeder Advisory Services Inc. raised its stake in shares of Carlisle Companies by 36.2% during the first quarter. Meeder Advisory Services Inc. now owns 771 shares of the conglomerate’s stock worth $263,000 after buying an additional 205 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Price Performance

Shares of CSL stock opened at $316.78 on Wednesday. Carlisle Companies Incorporated has a 12-month low of $293.43 and a 12-month high of $466.86. The firm has a market capitalization of $13.24 billion, a price-to-earnings ratio of 17.97, a price-to-earnings-growth ratio of 1.12 and a beta of 1.00. The company has a quick ratio of 1.47, a current ratio of 2.19 and a debt-to-equity ratio of 0.89. The firm has a fifty day moving average of $324.75 and a 200-day moving average of $364.66.

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

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, November 14th. Carlisle Companies’s payout ratio is 24.96%.

Analysts Set New Price Targets

CSL has been the topic of a number of recent research reports. Robert W. Baird reduced their price objective on shares of Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating on the stock in a research note on Monday, October 13th. Vertical Research started coverage on Carlisle Companies in a research note on Monday, October 20th. They issued a “hold” rating on the stock. The Goldman Sachs Group reduced their price target on Carlisle Companies from $444.00 to $385.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. JPMorgan Chase & Co. dropped their price objective on Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Finally, Zacks Research lowered Carlisle Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Carlisle Companies currently has a consensus rating of “Hold” and an average target price 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.