Eurizon Capital SGR S.p.A. Acquires Shares of 6,282 Carlisle Companies Incorporated $CSL

Eurizon Capital SGR S.p.A. acquired a new stake in shares of Carlisle Companies Incorporated (NYSE:CSL) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 6,282 shares of the conglomerate’s stock, valued at approximately $2,009,000.

Several other large investors have also bought and sold shares of CSL. Barclays PLC boosted its position in shares of Carlisle Companies by 947.3% in the 3rd quarter. Barclays PLC now owns 499,341 shares of the conglomerate’s stock worth $164,263,000 after purchasing an additional 451,662 shares in the last quarter. Sands Capital Management LLC boosted its position in shares of Carlisle Companies by 99.2% in the 3rd quarter. Sands Capital Management LLC now owns 849,501 shares of the conglomerate’s stock worth $279,452,000 after purchasing an additional 423,141 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Carlisle Companies by 10,568.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389,198 shares of the conglomerate’s stock worth $124,489,000 after purchasing an additional 385,550 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new stake in shares of Carlisle Companies in the 4th quarter worth approximately $76,626,000. Finally, Captrust Financial Advisors boosted its position in shares of Carlisle Companies by 126.7% in the 3rd quarter. Captrust Financial Advisors now owns 296,937 shares of the conglomerate’s stock worth $97,680,000 after purchasing an additional 165,949 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Analysts Set New Price Targets

CSL has been the topic of a number of analyst reports. Truist Financial boosted their price target on Carlisle Companies from $340.00 to $360.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Oppenheimer boosted their price target on Carlisle Companies from $420.00 to $425.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Robert W. Baird boosted their price target on Carlisle Companies from $402.00 to $425.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. William Blair reissued a “market perform” rating on shares of Carlisle Companies in a research report on Wednesday, March 18th. Finally, Zacks Research raised Carlisle Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $405.00.

Carlisle Companies Price Performance

Shares of NYSE CSL opened at $343.61 on Wednesday. Carlisle Companies Incorporated has a twelve month low of $293.43 and a twelve month high of $435.92. The firm has a market cap of $13.91 billion, a P/E ratio of 20.20, a PEG ratio of 1.07 and a beta of 0.86. The company has a 50 day moving average of $344.94 and a 200 day moving average of $348.12. The company has a quick ratio of 2.58, a current ratio of 3.38 and a debt-to-equity ratio of 1.74.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $3.63 earnings per share for the quarter, topping analysts’ consensus estimates of $3.31 by $0.32. Carlisle Companies had a net margin of 14.57% and a return on equity of 43.78%. The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same period in the previous year, the business earned $3.61 EPS. The firm’s revenue for the quarter was down 4.0% on a year-over-year basis. As a group, research analysts expect that Carlisle Companies Incorporated will post 21.16 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Monday, May 18th. Carlisle Companies’s payout ratio is presently 25.87%.

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.