Sepio Capital LP Sells 2,665 Shares of Carlisle Companies Incorporated $CSL

Sepio Capital LP cut its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 41.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,780 shares of the conglomerate’s stock after selling 2,665 shares during the quarter. Sepio Capital LP’s holdings in Carlisle Companies were worth $1,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of CSL. River Road Asset Management LLC grew its stake in shares of Carlisle Companies by 22.8% in the second quarter. River Road Asset Management LLC now owns 143,478 shares of the conglomerate’s stock worth $50,893,000 after acquiring an additional 26,638 shares during the period. Lido Advisors LLC boosted its holdings in Carlisle Companies by 265.0% in the second quarter. Lido Advisors LLC now owns 2,500 shares of the conglomerate’s stock worth $934,000 after purchasing an additional 1,815 shares during the last quarter. Dixon Mitchell Investment Counsel Inc. boosted its holdings in Carlisle Companies by 6.7% in the second quarter. Dixon Mitchell Investment Counsel Inc. now owns 83,959 shares of the conglomerate’s stock worth $31,375,000 after purchasing an additional 5,277 shares during the last quarter. First National Advisers LLC grew its position in Carlisle Companies by 6.3% in the 2nd quarter. First National Advisers LLC now owns 1,610 shares of the conglomerate’s stock worth $601,000 after purchasing an additional 96 shares during the period. Finally, New York State Common Retirement Fund grew its position in Carlisle Companies by 34.4% in the 2nd quarter. New York State Common Retirement Fund now owns 65,653 shares of the conglomerate’s stock worth $24,515,000 after purchasing an additional 16,794 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Carlisle Companies Price Performance

NYSE CSL opened at $318.07 on Monday. The business’s fifty day moving average is $323.70 and its 200 day moving average is $362.90. Carlisle Companies Incorporated has a fifty-two week low of $293.43 and a fifty-two week high of $464.00. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.47 and a current ratio of 2.19. The company has a market capitalization of $13.29 billion, a PE ratio of 18.04, a price-to-earnings-growth ratio of 1.12 and a beta of 1.00.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $5.61 EPS for the quarter, topping the consensus estimate of $5.47 by $0.14. The firm 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%.The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter last year, the company earned $5.78 earnings per share. Carlisle Companies has set its FY 2025 guidance at EPS. Sell-side analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Truist Financial lowered their price target on Carlisle Companies from $350.00 to $340.00 and set a “hold” rating on the stock in a report on Thursday, October 30th. Oppenheimer lowered their target price on Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Zacks Research downgraded Carlisle Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Robert W. Baird reduced 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Carlisle Companies in a research note on Tuesday, November 25th. 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 company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $386.67.

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.