Running Oak Capital LLC Has $15.06 Million Position in Carlisle Companies Incorporated $CSL

Running Oak Capital LLC raised its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 4.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,773 shares of the conglomerate’s stock after acquiring an additional 1,788 shares during the quarter. Running Oak Capital LLC’s holdings in Carlisle Companies were worth $15,057,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Hemington Wealth Management lifted its holdings 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. Vermillion & White Wealth Management Group LLC increased its holdings in shares of Carlisle Companies by 69.6% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 78 shares of the conglomerate’s stock worth $29,000 after buying an additional 32 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Carlisle Companies by 4.9% in the third quarter. Blue Trust Inc. now owns 679 shares of the conglomerate’s stock valued at $223,000 after acquiring an additional 32 shares during the last quarter. DNB Asset Management AS boosted its holdings in shares of Carlisle Companies by 0.3% in the 2nd quarter. DNB Asset Management AS now owns 12,255 shares of the conglomerate’s stock worth $4,576,000 after acquiring an additional 33 shares in the last quarter. Finally, MAI Capital Management boosted its holdings in shares of Carlisle Companies by 26.6% in the 2nd quarter. MAI Capital Management now owns 157 shares of the conglomerate’s stock worth $59,000 after acquiring an additional 33 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Stock Performance

Carlisle Companies stock opened at $343.65 on Tuesday. The company has a market cap of $14.36 billion, a PE ratio of 19.49, a PEG ratio of 1.06 and a beta of 0.95. The company has a current ratio of 3.25, a quick ratio of 2.62 and a debt-to-equity ratio of 1.45. Carlisle Companies Incorporated has a 1 year low of $293.43 and a 1 year high of $435.92. The company’s 50-day moving average is $335.55 and its two-hundred day moving average is $347.36.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $4.40 dividend on an annualized basis and a yield of 1.3%. Carlisle Companies’s dividend payout ratio (DPR) is presently 24.96%.

Analysts Set New Price Targets

CSL has been the subject of several research analyst reports. William Blair started coverage on Carlisle Companies in a research report on Friday. They issued a “market perform” rating for the company. The Goldman Sachs Group lowered their target price on Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a research note on Monday, October 13th. Robert W. Baird reduced their price target on shares of Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating on the stock in a research report on Monday, October 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Carlisle Companies in a report on Monday, December 29th. Finally, Truist Financial dropped their target price on shares of Carlisle Companies from $350.00 to $340.00 and set a “hold” rating for the company in a research note on Thursday, October 30th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $386.67.

Carlisle Companies Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.