Carlisle Companies Incorporated (NYSE:CSL – Free Report) – Equities researchers at Zacks Research dropped their Q3 2027 earnings per share (EPS) estimates for Carlisle Companies in a research report issued to clients and investors on Monday, October 5th. Zacks Research analyst Team now forecasts that the conglomerate will post earnings per share of $6.95 for the quarter, down from their previous forecast of $6.99. The consensus estimate for Carlisle Companies’ current full-year earnings is $21.27 per share.
CSL has been the subject of several other reports. Robert W. Baird set a $412.00 price target on shares of Carlisle Companies in a report on Thursday, July 30th. Weiss Ratings downgraded shares of Carlisle Companies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, September 10th. Truist Financial decreased their target price on shares of Carlisle Companies from $360.00 to $340.00 and set a “hold” rating for the company in a research note on Tuesday, July 7th. Finally, DA Davidson began coverage on shares of Carlisle Companies in a report on Monday, August 24th. They set a “neutral” rating and a $410.00 price target on the stock. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $402.43.
Carlisle Companies Trading Up 0.9%
Shares of NYSE CSL opened at $321.06 on Wednesday. The company has a current ratio of 2.60, a quick ratio of 2.04 and a debt-to-equity ratio of 1.78. Carlisle Companies has a one year low of $293.43 and a one year high of $432.91. The business has a 50-day moving average price of $347.20 and a two-hundred day moving average price of $347.18. The firm has a market capitalization of $12.75 billion, a PE ratio of 18.42, a PEG ratio of 1.00 and a beta of 0.84.
Carlisle Companies (NYSE:CSL – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The conglomerate reported $7.03 earnings per share for the quarter, beating the consensus estimate of $6.35 by $0.68. The firm had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.48 billion. Carlisle Companies had a return on equity of 47.58% and a net margin of 14.21%.Carlisle Companies’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the firm earned $6.27 earnings per share.
Institutional Trading of Carlisle Companies
Institutional investors have recently added to or reduced their stakes in the business. Fifth Third Wealth Advisors LLC raised its holdings in Carlisle Companies by 1.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 2,146 shares of the conglomerate’s stock valued at $716,000 after acquiring an additional 29 shares in the last quarter. Boston Common Asset Management LLC grew its holdings in shares of Carlisle Companies by 0.6% during the 1st quarter. Boston Common Asset Management LLC now owns 5,190 shares of the conglomerate’s stock worth $1,731,000 after purchasing an additional 30 shares in the last quarter. Next Level Private LLC grew its holdings in shares of Carlisle Companies by 0.3% during the 1st quarter. Next Level Private LLC now owns 12,265 shares of the conglomerate’s stock worth $4,092,000 after purchasing an additional 33 shares in the last quarter. Versant Capital Management Inc increased its position in shares of Carlisle Companies by 71.7% in the third quarter. Versant Capital Management Inc now owns 91 shares of the conglomerate’s stock worth $29,000 after purchasing an additional 38 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Carlisle Companies by 1.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,550 shares of the conglomerate’s stock worth $925,000 after purchasing an additional 41 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.
Carlisle Companies Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Wednesday, August 19th were issued a $1.25 dividend. This is an increase from Carlisle Companies’s previous quarterly dividend of $1.10. This represents a $5.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Wednesday, August 19th. Carlisle Companies’s dividend payout ratio is currently 28.69%.
About Carlisle Companies
Carlisle Companies Incorporated is a diversified manufacturer focused primarily on building products and related technologies. Through its Carlisle Construction Materials and Carlisle Weatherproofing Technologies businesses, the company supplies commercial and residential roofing systems, insulation, waterproofing products, architectural metals, and other building-envelope solutions. Its products are used in new construction, renovation, and maintenance projects.
Carlisle also develops products for specialized industrial and aerospace applications.
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