Carlisle Companies Incorporated $CSL Shares Bought by Handelsbanken Fonder AB

Handelsbanken Fonder AB grew its position in Carlisle Companies Incorporated (NYSE:CSL) by 63.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 200,220 shares of the conglomerate’s stock after purchasing an additional 78,011 shares during the period. Handelsbanken Fonder AB owned approximately 0.47% of Carlisle Companies worth $74,762,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. GFG Capital LLC acquired a new position in Carlisle Companies in the 2nd quarter worth approximately $25,000. Hemington Wealth Management boosted its holdings in shares of Carlisle Companies by 61.9% in the 2nd 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. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Carlisle Companies by 527.3% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 69 shares of the conglomerate’s stock valued at $26,000 after acquiring an additional 58 shares during the last quarter. Traub Capital Management LLC acquired a new stake in shares of Carlisle Companies in the second quarter worth $28,000. Finally, Dagco Inc. purchased a new position in shares of Carlisle Companies during the first quarter worth $27,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Stock Performance

NYSE CSL opened at $294.95 on Friday. The stock has a market capitalization of $12.32 billion, a price-to-earnings ratio of 16.73, a PEG ratio of 1.12 and a beta of 1.00. Carlisle Companies Incorporated has a twelve month low of $293.43 and a twelve month high of $472.66. The company has a current ratio of 2.19, a quick ratio of 1.47 and a debt-to-equity ratio of 0.89. The stock has a 50-day moving average of $327.32 and a 200 day moving average of $366.58.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.47 by $0.14. The company 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%.Carlisle Companies’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.78 earnings per share. Carlisle Companies has set its FY 2025 guidance at EPS. Sell-side analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.40 dividend on an annualized basis and a yield of 1.5%. Carlisle Companies’s dividend payout ratio (DPR) is currently 24.96%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on CSL shares. Loop Capital lowered shares of Carlisle Companies from a “buy” rating to a “hold” rating and lowered their price target for the company from $430.00 to $395.00 in a report on Thursday, July 31st. Oppenheimer decreased their price objective on Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Vertical Research began coverage on Carlisle Companies in a report on Monday, October 20th. They set a “hold” rating on the stock. Zacks Research cut Carlisle Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. Finally, Robert W. Baird decreased their price target on Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating for the company in a report on Monday, October 13th. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $386.67.

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.