Aware Super Pty Ltd as trustee of Aware Super Takes $1.52 Million Position in Carlisle Companies Incorporated $CSL

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of Carlisle Companies Incorporated (NYSE:CSL) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 4,566 shares of the conglomerate’s stock, valued at approximately $1,523,000.

A number of other hedge funds have also bought and sold shares of the company. State Street Corp lifted its holdings in Carlisle Companies by 6.9% during the 4th quarter. State Street Corp now owns 2,090,341 shares of the conglomerate’s stock worth $668,616,000 after buying an additional 134,241 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Carlisle Companies by 26.8% during the first quarter. Bank of New York Mellon Corp now owns 1,191,660 shares of the conglomerate’s stock worth $397,561,000 after purchasing an additional 251,614 shares during the last quarter. Invesco Ltd. lifted its stake in Carlisle Companies by 2.6% during the third quarter. Invesco Ltd. now owns 1,054,163 shares of the conglomerate’s stock worth $346,777,000 after purchasing an additional 27,049 shares during the last quarter. Sands Capital Management LLC boosted its holdings in Carlisle Companies by 13.9% in the fourth quarter. Sands Capital Management LLC now owns 967,640 shares of the conglomerate’s stock worth $309,509,000 after purchasing an additional 118,139 shares during the period. Finally, First Eagle Investment Management LLC boosted its holdings in Carlisle Companies by 20.4% in the fourth quarter. First Eagle Investment Management LLC now owns 646,162 shares of the conglomerate’s stock worth $206,681,000 after purchasing an additional 109,410 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Trading Down 2.2%

Shares of NYSE CSL opened at $345.03 on Friday. The company has a current ratio of 3.38, a quick ratio of 2.58 and a debt-to-equity ratio of 1.74. Carlisle Companies Incorporated has a one year low of $293.43 and a one year high of $435.92. The business has a 50-day moving average price of $348.34 and a two-hundred day moving average price of $355.49. The firm has a market capitalization of $13.96 billion, a PE ratio of 20.28, a PEG ratio of 1.11 and a beta of 0.85.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Thursday, April 23rd. The conglomerate reported $3.63 earnings per share for the quarter, beating analysts’ consensus estimates of $3.31 by $0.32. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.45 billion. Carlisle Companies had a return on equity of 43.78% and a net margin of 14.57%.The firm’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.61 EPS. As a group, analysts predict that Carlisle Companies Incorporated will post 21.16 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 18th were given a $1.10 dividend. The ex-dividend date was Monday, May 18th. This represents a $4.40 dividend on an annualized basis and a yield of 1.3%. Carlisle Companies’s dividend payout ratio is presently 25.87%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CSL. Raymond James Financial started coverage on shares of Carlisle Companies in a report on Monday, April 27th. They set an “outperform” rating and a $425.00 target price on the stock. Oppenheimer upped their target price on Carlisle Companies from $420.00 to $425.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Truist Financial dropped their price target on Carlisle Companies from $360.00 to $340.00 and set a “hold” rating on the stock in a research report on Tuesday, July 7th. Weiss Ratings restated a “hold (c)” rating on shares of Carlisle Companies in a research report on Wednesday, June 24th. Finally, Robert W. Baird upped their price objective on Carlisle Companies from $402.00 to $425.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $402.14.

Carlisle Companies Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.