Atria Investments Inc Has $950,000 Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Atria Investments Inc increased its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 12.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,113 shares of the conglomerate’s stock after acquiring an additional 237 shares during the quarter. Atria Investments Inc’s holdings in Carlisle Companies were worth $950,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in CSL. Capital Performance Advisors LLP bought a new stake in shares of Carlisle Companies during the third quarter worth approximately $25,000. ORG Wealth Partners LLC bought a new stake in shares of Carlisle Companies during the 3rd quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Carlisle Companies in the 2nd quarter valued at $32,000. ORG Partners LLC bought a new position in shares of Carlisle Companies in the 2nd quarter worth $31,000. Finally, Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Carlisle Companies during the second quarter worth $39,000. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Stock Performance

CSL opened at $445.34 on Monday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.29. The company has a market capitalization of $20.19 billion, a price-to-earnings ratio of 15.76, a P/E/G ratio of 1.46 and a beta of 0.91. The business’s 50-day moving average price is $442.46 and its two-hundred day moving average price is $422.76. Carlisle Companies Incorporated has a 1 year low of $269.58 and a 1 year high of $481.26.

Carlisle Companies (NYSE:CSL) last released its earnings results on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing the consensus estimate of $5.82 by ($0.04). The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.38 billion. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The company’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.68 EPS. Equities analysts expect that Carlisle Companies Incorporated will post 20.25 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date is Friday, November 15th. Carlisle Companies’s dividend payout ratio is currently 14.15%.

Analyst Ratings Changes

Several research firms have weighed in on CSL. Robert W. Baird cut their target price on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Truist Financial initiated coverage on shares of Carlisle Companies in a research report on Thursday. They set a “hold” rating and a $460.00 price target on the stock. StockNews.com downgraded Carlisle Companies from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th. Finally, Oppenheimer lifted their price objective on Carlisle Companies from $480.00 to $505.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Carlisle Companies has an average rating of “Moderate Buy” and an average price target of $472.00.

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.