Roundview Capital LLC Purchases 224 Shares of Carlisle Companies Incorporated $CSL

Roundview Capital LLC grew its position in Carlisle Companies Incorporated (NYSE:CSL) by 0.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,122 shares of the conglomerate’s stock after acquiring an additional 224 shares during the quarter. Roundview Capital LLC owned 0.06% of Carlisle Companies worth $9,381,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of CSL. Cooke & Bieler LP bought a new position in shares of Carlisle Companies during the 1st quarter worth approximately $74,095,000. Pacer Advisors Inc. lifted its position in shares of Carlisle Companies by 1,611.7% during the 1st quarter. Pacer Advisors Inc. now owns 214,985 shares of the conglomerate’s stock worth $73,202,000 after buying an additional 202,425 shares during the period. Nuveen LLC bought a new position in Carlisle Companies in the 1st quarter valued at $62,485,000. Victory Capital Management Inc. raised its position in Carlisle Companies by 112.3% in the 1st quarter. Victory Capital Management Inc. now owns 240,516 shares of the conglomerate’s stock valued at $81,896,000 after purchasing an additional 127,234 shares during the last quarter. Finally, Madison Asset Management LLC raised its position in Carlisle Companies by 28.2% in the 1st quarter. Madison Asset Management LLC now owns 515,134 shares of the conglomerate’s stock valued at $175,403,000 after purchasing an additional 113,312 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Stock Up 0.1%

NYSE CSL opened at $328.30 on Tuesday. The stock has a fifty day moving average of $366.46 and a 200-day moving average of $373.22. The stock has a market capitalization of $14.03 billion, a P/E ratio of 18.34, a price-to-earnings-growth ratio of 1.06 and a beta of 1.00. Carlisle Companies Incorporated has a 52 week low of $311.41 and a 52 week high of $481.26. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.47 and a current ratio of 2.19.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Wednesday, July 30th. The conglomerate reported $6.27 EPS for the quarter, missing analysts’ consensus estimates of $6.67 by ($0.40). Carlisle Companies had a return on equity of 38.16% and a net margin of 16.12%.The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period last year, the firm earned $6.24 earnings per share. The firm’s revenue for the quarter was down .1% on a year-over-year basis. On average, equities research analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Tuesday, August 19th were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from Carlisle Companies’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend was Tuesday, August 19th. Carlisle Companies’s payout ratio is presently 24.58%.

Wall Street Analyst Weigh In

CSL has been the subject of several research analyst reports. Truist Financial cut their price objective on Carlisle Companies from $380.00 to $350.00 and set a “hold” rating for the company in a research report on Monday, September 22nd. Loop Capital downgraded Carlisle Companies from a “buy” rating to a “hold” rating and cut their price objective for the company from $430.00 to $395.00 in a research report on Thursday, July 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Carlisle Companies in a research report on Saturday, September 27th. JPMorgan Chase & Co. cut their price objective on Carlisle Companies from $480.00 to $410.00 and set an “overweight” rating for the company in a research report on Wednesday, September 17th. Finally, Zacks Research cut Carlisle Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 23rd. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $429.17.

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.