Huntington National Bank Has $95,000 Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Huntington National Bank boosted its position in Carlisle Companies Incorporated (NYSE:CSL) by 57.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 212 shares of the conglomerate’s stock after acquiring an additional 77 shares during the quarter. Huntington National Bank’s holdings in Carlisle Companies were worth $95,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analysts Set New Price Targets

CSL has been the topic of several research analyst reports. StockNews.com downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th. Oppenheimer raised their price target on shares of Carlisle Companies from $480.00 to $505.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. Robert W. Baird cut their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, Truist Financial assumed coverage on Carlisle Companies in a research report on Thursday. They set a “hold” rating and a $460.00 target price on the stock. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $472.00.

Carlisle Companies Trading Down 1.2 %

Shares of Carlisle Companies stock opened at $445.34 on Monday. Carlisle Companies Incorporated has a 52-week low of $269.58 and a 52-week high of $481.26. The firm has a market capitalization of $20.19 billion, a PE ratio of 15.76, a price-to-earnings-growth ratio of 1.46 and a beta of 0.91. 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’s fifty day moving average price is $442.46 and its two-hundred day moving average price is $422.76.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share for the quarter, missing analysts’ consensus estimates of $5.82 by ($0.04). The business 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 business’s revenue was up 5.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.68 EPS. On average, analysts expect that Carlisle Companies Incorporated will post 20.25 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, November 15th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.00 annualized dividend and a dividend yield of 0.90%. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.15%.

About Carlisle Companies

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.