2,080 Shares in Carlisle Companies Incorporated (NYSE:CSL) Acquired by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P bought a new position in Carlisle Companies Incorporated (NYSE:CSL) during the third quarter, Holdings Channel.com reports. The fund bought 2,080 shares of the conglomerate’s stock, valued at approximately $935,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Performance Advisors LLP bought a new stake in shares of Carlisle Companies in the 3rd quarter worth approximately $25,000. ORG Wealth Partners LLC bought a new stake in shares of Carlisle Companies in the 3rd quarter worth approximately $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Carlisle Companies in the second quarter worth approximately $32,000. ORG Partners LLC purchased a new position in shares of Carlisle Companies in the second quarter worth approximately $31,000. Finally, Gilliland Jeter Wealth Management LLC purchased a new position in shares of Carlisle Companies in the second quarter worth approximately $39,000. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Stock Performance

Shares of CSL opened at $457.73 on Thursday. The company’s 50 day moving average price is $448.11 and its 200 day moving average price is $424.74. Carlisle Companies Incorporated has a 52 week low of $272.15 and a 52 week high of $481.26. The company has a market capitalization of $20.75 billion, a PE ratio of 16.20, a PEG ratio of 1.55 and a beta of 0.91. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing analysts’ consensus estimates of $5.82 by ($0.04). Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the firm posted $4.68 earnings per share. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. Research analysts expect that Carlisle Companies Incorporated will post 20.25 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, November 15th will be given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend is Friday, November 15th. Carlisle Companies’s dividend payout ratio is 14.15%.

Analysts Set New Price Targets

Several research firms have recently weighed in on CSL. StockNews.com downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Truist Financial began coverage on shares of Carlisle Companies in a research report on Thursday, November 14th. They issued a “hold” rating and a $460.00 target price on the stock. Robert W. Baird dropped their target price on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Finally, Oppenheimer lifted their target price on shares of Carlisle Companies from $480.00 to $505.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $472.00.

Insiders Place Their Bets

In other Carlisle Companies news, VP David W. Smith sold 275 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $443.41, for a total value of $121,937.75. Following the completion of the sale, the vice president now directly owns 2,834 shares of the company’s stock, valued at $1,256,623.94. The trade was a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 1.50% of the company’s stock.

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.