Carlisle Companies Incorporated (NYSE:CSL) Given Consensus Rating of “Hold” by Analysts

Carlisle Companies Incorporated (NYSE:CSL) has earned an average rating of “Hold” from the ten research firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $386.6667.

Several analysts have recently weighed in on the company. Truist Financial decreased their target price on Carlisle Companies from $350.00 to $340.00 and set a “hold” rating for the company in a research report on Thursday, October 30th. The Goldman Sachs Group reduced their price target on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Zacks Research cut shares of Carlisle Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. JPMorgan Chase & Co. dropped their target price on shares of Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Finally, Loop Capital lowered shares of Carlisle Companies from a “buy” rating to a “hold” rating and reduced their target price for the stock from $430.00 to $395.00 in a research report on Thursday, July 31st.

Hedge Funds Weigh In On Carlisle Companies

Hedge funds and other institutional investors have recently made changes to their positions in the company. CIBC Bancorp USA Inc. purchased a new position in shares of Carlisle Companies during the third quarter valued at $510,000. Achmea Investment Management B.V. grew its holdings in Carlisle Companies by 69.2% during the 3rd quarter. Achmea Investment Management B.V. now owns 55,524 shares of the conglomerate’s stock worth $18,265,000 after acquiring an additional 22,699 shares in the last quarter. Captrust Financial Advisors increased its position in Carlisle Companies by 126.7% during the 3rd quarter. Captrust Financial Advisors now owns 296,937 shares of the conglomerate’s stock valued at $97,680,000 after purchasing an additional 165,949 shares during the period. Danske Bank A S bought a new stake in shares of Carlisle Companies in the 3rd quarter valued at about $3,879,000. Finally, Caitong International Asset Management Co. Ltd raised its holdings in shares of Carlisle Companies by 144.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 169 shares of the conglomerate’s stock valued at $56,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Trading Up 4.8%

CSL opened at $309.70 on Monday. 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 stock’s 50 day moving average price is $326.22 and its 200-day moving average price is $365.78. Carlisle Companies has a one year low of $293.43 and a one year high of $472.66. The stock has a market cap of $12.94 billion, a price-to-earnings ratio of 17.57, a P/E/G ratio of 1.12 and a beta of 1.00.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 period last year, the company earned $5.78 EPS. Carlisle Companies has set its FY 2025 guidance at EPS. On average, equities analysts forecast that Carlisle Companies will post 22.31 EPS for the current 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 given a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.40 dividend on an annualized basis and a yield of 1.4%. Carlisle Companies’s payout ratio is 24.96%.

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.