MV Capital Management Inc. Has $109,000 Holdings in Carlisle Companies Incorporated (NYSE:CSL)

MV Capital Management Inc. increased its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 27.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 321 shares of the conglomerate’s stock after buying an additional 70 shares during the period. MV Capital Management Inc.’s holdings in Carlisle Companies were worth $109,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. TD Private Client Wealth LLC raised its holdings in Carlisle Companies by 475.0% in the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate’s stock valued at $25,000 after acquiring an additional 57 shares in the last quarter. GeoWealth Management LLC increased its position in shares of Carlisle Companies by 25.0% in the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate’s stock worth $53,000 after purchasing an additional 29 shares during the period. Farther Finance Advisors LLC raised its stake in Carlisle Companies by 95.1% in the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate’s stock valued at $59,000 after purchasing an additional 78 shares in the last quarter. Quarry LP lifted its position in Carlisle Companies by 39.8% during the fourth quarter. Quarry LP now owns 186 shares of the conglomerate’s stock worth $69,000 after purchasing an additional 53 shares during the period. Finally, Generali Asset Management SPA SGR bought a new stake in Carlisle Companies during the fourth quarter worth about $93,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CSL has been the topic of several recent analyst reports. Robert W. Baird raised their target price on shares of Carlisle Companies from $455.00 to $460.00 and gave the company an “outperform” rating in a report on Thursday, April 24th. Truist Financial reduced their target price on Carlisle Companies from $420.00 to $390.00 and set a “hold” rating on the stock in a report on Thursday, April 24th. Wall Street Zen upgraded Carlisle Companies from a “sell” rating to a “hold” rating in a research note on Friday, May 16th. Finally, Zelman & Associates upgraded Carlisle Companies from an “underperform” rating to a “neutral” rating in a research report on Monday, April 14th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $454.00.

Carlisle Companies Stock Down 2.6%

Shares of NYSE:CSL opened at $368.57 on Thursday. The company has a fifty day moving average of $374.03 and a 200-day moving average of $374.33. Carlisle Companies Incorporated has a 52-week low of $311.41 and a 52-week high of $481.26. The company has a market capitalization of $15.94 billion, a PE ratio of 13.34, a price-to-earnings-growth ratio of 1.03 and a beta of 1.06. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share for the quarter, beating analysts’ consensus estimates of $3.53 by $0.08. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the business posted $3.72 earnings per share. Carlisle Companies’s quarterly revenue was down .1% on a year-over-year basis. On average, equities analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 19th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a yield of 1.09%. Carlisle Companies’s dividend payout ratio (DPR) is currently 14.89%.

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.