Waycross Partners LLC Has $18.75 Million Stock Holdings in Carlisle Companies Incorporated $CSL

Waycross Partners LLC boosted its position in Carlisle Companies Incorporated (NYSE:CSL) by 3.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,206 shares of the conglomerate’s stock after acquiring an additional 1,741 shares during the quarter. Carlisle Companies accounts for 1.8% of Waycross Partners LLC’s holdings, making the stock its 24th largest holding. Waycross Partners LLC owned 0.14% of Carlisle Companies worth $18,751,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. BOK Financial Private Wealth Inc. acquired a new stake in shares of Carlisle Companies in the 4th quarter valued at $27,000. Torren Management LLC acquired a new position in shares of Carlisle Companies during the 4th quarter worth $33,000. Osterweis Capital Management Inc. acquired a new position in shares of Carlisle Companies during the 2nd quarter worth $36,000. Quarry LP bought a new stake in shares of Carlisle Companies during the 4th quarter worth $36,000. Finally, Rothschild Investment LLC lifted its position in shares of Carlisle Companies by 3,866.7% during the 4th quarter. Rothschild Investment LLC now owns 119 shares of the conglomerate’s stock worth $38,000 after buying an additional 116 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Trading Down 0.1%

NYSE CSL opened at $345.03 on Monday. The company has a market cap of $13.96 billion, a price-to-earnings ratio of 20.28, a price-to-earnings-growth ratio of 1.09 and a beta of 0.85. Carlisle Companies Incorporated has a twelve month low of $293.43 and a twelve month high of $435.92. The company has a quick ratio of 2.58, a current ratio of 3.38 and a debt-to-equity ratio of 1.74. The business’s fifty day moving average is $348.34 and its 200 day moving average is $355.69.

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

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 18th were paid a $1.10 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. Carlisle Companies’s dividend payout ratio is currently 25.87%.

Wall Street Analyst Weigh In

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