Corient Private Wealth LLC Has $161.41 Million Stake in Carlisle Companies Incorporated $CSL

Corient Private Wealth LLC lowered its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 1.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 432,273 shares of the conglomerate’s stock after selling 4,960 shares during the quarter. Corient Private Wealth LLC’s holdings in Carlisle Companies were worth $161,411,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Elevation Point Wealth Partners LLC acquired a new position in shares of Carlisle Companies during the second quarter valued at about $25,000. Twin Peaks Wealth Advisors LLC bought a new position in Carlisle Companies in the 2nd quarter valued at about $25,000. GFG Capital LLC acquired a new position in Carlisle Companies during the 2nd quarter valued at about $25,000. Hemington Wealth Management boosted its stake in Carlisle Companies by 61.9% during the 2nd quarter. Hemington Wealth Management now owns 68 shares of the conglomerate’s stock valued at $25,000 after purchasing an additional 26 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in Carlisle Companies by 527.3% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 69 shares of the conglomerate’s stock worth $26,000 after purchasing an additional 58 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Trading Down 1.1%

Shares of Carlisle Companies stock opened at $330.64 on Monday. The firm has a market cap of $13.82 billion, a PE ratio of 18.75, a P/E/G ratio of 1.15 and a beta of 0.96. Carlisle Companies Incorporated has a 1 year low of $293.43 and a 1 year high of $435.92. The company has a debt-to-equity ratio of 1.45, a current ratio of 3.25 and a quick ratio of 2.62. The stock has a fifty day moving average price of $322.28 and a 200-day moving average price of $357.86.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share for the quarter, beating the consensus estimate of $5.47 by $0.14. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. Carlisle Companies had a net margin of 15.48% and a return on equity of 40.26%. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.78 earnings per share. Equities research analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 14th were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, November 14th. Carlisle Companies’s dividend payout ratio (DPR) is 24.96%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CSL. Weiss Ratings restated a “hold (c)” rating on shares of Carlisle Companies in a report on Monday, December 8th. Oppenheimer dropped their price objective on Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating on the stock in a research note on Monday, October 20th. The Goldman Sachs Group reduced their target price on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a research note on Monday, October 13th. JPMorgan Chase & Co. lowered their target price on shares of Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Finally, Truist Financial cut their price target 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. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Carlisle Companies currently has an average rating of “Hold” and a consensus 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.