Connor Clark & Lunn Investment Management Ltd. purchased a new position in Carlisle Companies Incorporated (NYSE:CSL – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 16,749 shares of the conglomerate’s stock, valued at approximately $6,076,000.
A number of other hedge funds also recently made changes to their positions in CSL. BlackRock Inc. acquired a new position in shares of Carlisle Companies during the second quarter worth $1,499,602,000. Bank of New York Mellon Corp acquired a new stake in Carlisle Companies during the 2nd quarter valued at $405,245,000. First Manhattan CO. LLC. acquired a new stake in Carlisle Companies during the 4th quarter valued at $140,256,000. Madison Asset Management LLC purchased a new stake in Carlisle Companies during the 2nd quarter worth $152,865,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Carlisle Companies by 10,568.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389,198 shares of the conglomerate’s stock worth $124,489,000 after buying an additional 385,550 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.
Key Carlisle Companies News
Here are the key news stories impacting Carlisle Companies this week:
- Positive Sentiment: Higher earnings expectations: Zacks Research increased its EPS forecasts for Carlisle’s first and second quarters of 2027, fourth quarter and full year 2027, second quarter of 2028, and full year 2028. The FY2027 estimate rose to $24.31 from $24.25, while the FY2028 forecast increased to $27.05 from $26.98, signaling modestly improved expectations for long-term profitability.
- Positive Sentiment: Growth opportunities remain intact: Carlisle continues to benefit from strong roofing demand, acquisitions and shareholder returns. Its latest reported quarter also showed revenue growth and earnings above analyst expectations, supporting the company’s fundamental outlook. Carlisle Exhibits Strong Prospects Despite Persisting Headwinds
- Neutral Sentiment: Analyst stance remains cautious: DA Davidson upgraded Carlisle to “hold,” while the broader analyst consensus is also “hold.” The ratings do not indicate strong conviction that the stock will outperform in the near term.
- Negative Sentiment: Margin pressure persists: Rising raw-material and freight costs are weighing on profitability in 2026. These headwinds could offset some of the benefits from demand growth and acquisitions, helping explain why the stock has decreased despite the upward earnings revisions.
Carlisle Companies Stock Down 1.3%
Carlisle Companies (NYSE:CSL – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The conglomerate reported $7.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.35 by $0.68. The company had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Carlisle Companies had a return on equity of 47.58% and a net margin of 14.21%.The business’s revenue was up 8.3% on a year-over-year basis. During the same period last year, the business earned $6.27 earnings per share. Equities analysts forecast that Carlisle Companies Incorporated will post 21.27 earnings per share for the current fiscal year.
Carlisle Companies Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 19th will be issued a dividend of $1.25 per share. The ex-dividend date is Wednesday, August 19th. This is a boost from Carlisle Companies’s previous quarterly dividend of $1.10. This represents a $5.00 annualized dividend and a dividend yield of 1.4%. Carlisle Companies’s dividend payout ratio (DPR) is currently 28.69%.
Wall Street Analyst Weigh In
CSL has been the topic of a number of recent analyst reports. DA Davidson started coverage on shares of Carlisle Companies in a report on Monday. They issued a “neutral” rating and a $410.00 price objective on the stock. Robert W. Baird set a $412.00 target price on Carlisle Companies in a research report on Thursday, July 30th. Truist Financial cut their price target on Carlisle Companies from $360.00 to $340.00 and set a “hold” rating on the stock in a research note on Tuesday, July 7th. Finally, Weiss Ratings upgraded Carlisle Companies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $402.43.
View Our Latest Stock Report on Carlisle Companies
Carlisle Companies Company 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.
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