15,292 Shares in Carlisle Companies Incorporated (NYSE:CSL) Acquired by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG bought a new position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 15,292 shares of the conglomerate's stock, valued at approximately $6,878,000.

Several other hedge funds also recently made changes to their positions in CSL. Capital Performance Advisors LLP purchased a new position in shares of Carlisle Companies in the third quarter worth $25,000. ORG Partners LLC purchased a new position in Carlisle Companies during the 2nd quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Carlisle Companies during the 2nd quarter valued at $32,000. ORG Wealth Partners LLC purchased a new position in Carlisle Companies during the 3rd quarter valued at $32,000. Finally, Gilliland Jeter Wealth Management LLC purchased a new position in Carlisle Companies during the 2nd quarter valued at $39,000. 89.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on CSL shares. Oppenheimer boosted their price objective on shares of Carlisle Companies from $480.00 to $505.00 and gave the company an "outperform" rating in a research report on Tuesday, October 22nd. 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 set a "hold" rating and a $460.00 price objective on the stock. Finally, 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 report on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, Carlisle Companies presently has an average rating of "Moderate Buy" and a consensus price target of $472.00.

Carlisle Companies Stock Down 0.7 %

Shares of CSL stock traded down $3.23 during mid-day trading on Wednesday, reaching $431.86. 381,628 shares of the company's stock traded hands, compared to its average volume of 324,261. The company has a market cap of $19.58 billion, a P/E ratio of 15.28, a P/E/G ratio of 1.47 and a beta of 0.91. The company's 50-day moving average price is $444.74 and its 200-day moving average price is $423.39. Carlisle Companies Incorporated has a 12 month low of $271.58 and a 12 month high of $481.26. The company has a quick ratio of 2.29, a current ratio of 2.72 and a debt-to-equity ratio of 0.68.

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

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, November 15th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 0.93%. The ex-dividend date of this dividend is Friday, November 15th. Carlisle Companies's dividend payout ratio is currently 14.15%.

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.