Hsbc Holdings PLC acquired a new position in shares of Carlisle Companies Incorporated (NYSE:CSL – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 18,394 shares of the conglomerate’s stock, valued at approximately $6,678,000.
A number of other hedge funds have also made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Carlisle Companies during the 2nd quarter worth about $1,499,602,000. Bank of New York Mellon Corp acquired a new position in Carlisle Companies in the second quarter valued at approximately $405,245,000. First Manhattan CO. LLC. acquired a new position in Carlisle Companies in the fourth quarter valued at approximately $140,256,000. Madison Asset Management LLC purchased a new position in Carlisle Companies in the second quarter valued at approximately $152,865,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Carlisle Companies by 10,568.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389,198 shares of the conglomerate’s stock valued at $124,489,000 after purchasing an additional 385,550 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.
Carlisle Companies Trading Down 1.3%
CSL opened at $356.14 on Friday. The firm has a market cap of $14.14 billion, a price-to-earnings ratio of 20.43, a price-to-earnings-growth ratio of 1.13 and a beta of 0.85. Carlisle Companies Incorporated has a 52 week low of $293.43 and a 52 week high of $432.91. The business’s 50 day moving average is $359.21 and its two-hundred day moving average is $357.70. The company has a quick ratio of 2.04, a current ratio of 2.60 and a debt-to-equity ratio of 1.78.
Carlisle Companies Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 19th will be given a $1.25 dividend. This is a positive change from Carlisle Companies’s previous quarterly dividend of $1.10. The ex-dividend date is Wednesday, August 19th. This represents a $5.00 annualized dividend and a yield of 1.4%. Carlisle Companies’s payout ratio is currently 28.69%.
Analyst Ratings Changes
A number of analysts have weighed in on the stock. Truist Financial cut their price objective on shares of Carlisle Companies from $360.00 to $340.00 and set a “hold” rating on the stock in a report on Tuesday, July 7th. DA Davidson initiated coverage on shares of Carlisle Companies in a report on Monday. They issued a “neutral” rating and a $410.00 target price for the company. Weiss Ratings raised shares of Carlisle Companies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday. Finally, Robert W. Baird set a $412.00 price target on shares of Carlisle Companies in a research note on Thursday, July 30th. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $402.43.
Get Our Latest Stock Report on Carlisle Companies
More Carlisle Companies News
Here are the key news stories impacting Carlisle Companies this week:
- Positive Sentiment: Zacks raised its earnings forecasts: Estimates were increased for several periods, including FY2027 EPS to $24.31 from $24.25 and FY2028 EPS to $27.05 from $26.98. Forecasts were also raised for Q1 2027, Q2 2027, Q4 2027 and Q2 2028. These revisions suggest incremental confidence in Carlisle’s earnings growth. MarketBeat Carlisle analyst estimates
- Positive Sentiment: Recent quarterly performance exceeded expectations: Carlisle’s latest reported quarter produced $7.03 in adjusted earnings per share versus the $6.35 analyst consensus, while revenue of $1.57 billion surpassed the $1.48 billion estimate and increased 8.3% year over year. This provides fundamental support for the stock and may help offset recent weakness.
- Neutral Sentiment: Investors are awaiting the next catalyst: Carlisle reported earnings approximately 30 days ago, and the next major driver will likely be another quarterly report or updated management guidance. The current full-year consensus is approximately $21.27–$21.29 in EPS. Carlisle Down Since Last Earnings Report: Can It Rebound?
- Negative Sentiment: Shares have declined 2.5% since the earnings release: The pullback indicates that investors may be taking profits, waiting for additional evidence of sustained growth, or reacting to factors not reflected in the small upward estimate revisions. The decline leaves CSL near its 50-day and 200-day moving averages, making upcoming guidance and results especially important.
About Carlisle Companies
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.
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