Carlisle Companies Incorporated $CSL Shares Acquired by ProShare Advisors LLC

ProShare Advisors LLC raised its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 20.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 92,973 shares of the conglomerate’s stock after purchasing an additional 15,466 shares during the period. ProShare Advisors LLC’s holdings in Carlisle Companies were worth $34,716,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC increased its holdings in shares of Carlisle Companies by 11.3% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,279,031 shares of the conglomerate’s stock worth $499,052,000 after buying an additional 130,235 shares during the last quarter. Bessemer Group Inc. grew its position in Carlisle Companies by 26.7% during the second quarter. Bessemer Group Inc. now owns 639,508 shares of the conglomerate’s stock valued at $238,791,000 after acquiring an additional 134,718 shares during the period. Madison Asset Management LLC increased its stake in Carlisle Companies by 28.2% during the first quarter. Madison Asset Management LLC now owns 515,134 shares of the conglomerate’s stock worth $175,403,000 after acquiring an additional 113,312 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Carlisle Companies by 11.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 499,341 shares of the conglomerate’s stock worth $170,017,000 after purchasing an additional 50,578 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Carlisle Companies by 1.4% in the 1st quarter. Northern Trust Corp now owns 495,556 shares of the conglomerate’s stock valued at $168,737,000 after purchasing an additional 6,948 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Trading Up 0.2%

CSL opened at $318.69 on Wednesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.19 and a quick ratio of 1.47. Carlisle Companies Incorporated has a 12-month low of $311.41 and a 12-month high of $472.66. The firm’s fifty day moving average price is $338.61 and its 200 day moving average price is $370.05. The stock has a market capitalization of $13.32 billion, a PE ratio of 18.08, a P/E/G ratio of 1.12 and a beta of 1.00.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.47 by $0.14. The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Carlisle Companies had a return on equity of 39.10% and a net margin of 15.48%.Carlisle Companies’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.78 earnings per share. Carlisle Companies has set its FY 2025 guidance at EPS. As a group, research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 14th will be issued a $1.10 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. Carlisle Companies’s payout ratio is 24.96%.

Wall Street Analysts Forecast Growth

CSL has been the subject of a number of research analyst reports. Robert W. Baird dropped their target price on shares of Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating for the company in a research report on Monday, October 13th. Zacks Research lowered shares of Carlisle Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 23rd. Loop Capital downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating and cut their target price for the company from $430.00 to $395.00 in a research note on Thursday, July 31st. The Goldman Sachs Group decreased their price target on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a research report on Monday, October 13th. Finally, Vertical Research began coverage on Carlisle Companies in a research report on Monday, October 20th. They issued a “hold” rating on the stock. Four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Carlisle Companies presently has a consensus rating of “Hold” and a consensus price target 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.