Raiffeisen Bank International AG Purchases New Shares in Carlisle Companies Incorporated $CSL

Raiffeisen Bank International AG acquired a new position in Carlisle Companies Incorporated (NYSE:CSL) in the 2nd quarter, Holdings Channel reports. The firm acquired 167 shares of the conglomerate’s stock, valued at approximately $62,000.

Several other institutional investors and hedge funds have also recently modified their holdings of CSL. Allspring Global Investments Holdings LLC boosted its stake in shares of Carlisle Companies by 11.3% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,279,031 shares of the conglomerate’s stock valued at $499,052,000 after purchasing an additional 130,235 shares in the last quarter. Bessemer Group Inc. lifted its holdings in Carlisle Companies by 26.7% in the second quarter. Bessemer Group Inc. now owns 639,508 shares of the conglomerate’s stock worth $238,791,000 after buying an additional 134,718 shares during the period. Madison Asset Management LLC boosted its position in Carlisle Companies by 28.2% during the 1st quarter. Madison Asset Management LLC now owns 515,134 shares of the conglomerate’s stock valued at $175,403,000 after acquiring an additional 113,312 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Carlisle Companies by 11.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 499,341 shares of the conglomerate’s stock worth $170,017,000 after acquiring an additional 50,578 shares during the period. Finally, Northern Trust Corp grew its holdings in shares of Carlisle Companies by 1.4% during the 1st quarter. Northern Trust Corp now owns 495,556 shares of the conglomerate’s stock worth $168,737,000 after acquiring an additional 6,948 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Trading Up 0.8%

Carlisle Companies stock opened at $304.03 on Thursday. Carlisle Companies Incorporated has a 12 month low of $295.09 and a 12 month high of $472.66. The company has a market capitalization of $12.70 billion, a price-to-earnings ratio of 17.24, a price-to-earnings-growth ratio of 1.12 and a beta of 1.00. The business’s fifty day simple moving average is $329.27 and its two-hundred day simple moving average is $367.08. The company has a current ratio of 2.19, a quick ratio of 1.47 and a debt-to-equity ratio of 0.89.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.47 by $0.14. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. Carlisle Companies had a return on equity of 39.10% and a net margin of 15.48%.Carlisle Companies’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.78 EPS. Carlisle Companies has set its FY 2025 guidance at EPS. As a group, equities analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be issued a $1.10 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.40 annualized dividend and a yield of 1.4%. Carlisle Companies’s payout ratio is 24.96%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on CSL shares. JPMorgan Chase & Co. dropped their price target on Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Zacks Research lowered Carlisle Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. Truist Financial dropped their target price on shares of Carlisle Companies from $350.00 to $340.00 and set a “hold” rating on the stock in a report on Thursday, October 30th. The Goldman Sachs Group reduced their target price on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. Finally, Robert W. Baird lowered their price target on shares of Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating for the company in a research report on Monday, October 13th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average 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.