Barclays PLC Acquires 14,526 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Barclays PLC lifted its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 31.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 60,920 shares of the conglomerate's stock after purchasing an additional 14,526 shares during the period. Barclays PLC owned 0.13% of Carlisle Companies worth $27,399,000 at the end of the most recent quarter.

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 valued at $25,000. ORG Wealth Partners LLC acquired a new stake in shares of Carlisle Companies during the third quarter worth about $32,000. True Wealth Design LLC lifted its holdings in shares of Carlisle Companies by 1,400.0% during the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate's stock valued at $34,000 after purchasing an additional 70 shares in the last quarter. ORG Partners LLC acquired a new position in shares of Carlisle Companies in the 2nd quarter valued at approximately $31,000. Finally, Gilliland Jeter Wealth Management LLC bought a new stake in Carlisle Companies during the 2nd quarter worth approximately $39,000. 89.52% of the stock is owned by institutional investors and hedge funds.

Carlisle Companies Stock Down 0.9 %

Shares of NYSE CSL traded down $3.73 during mid-day trading on Friday, hitting $420.03. The company had a trading volume of 223,868 shares, compared to its average volume of 323,375. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68. The firm has a 50-day simple moving average of $447.26 and a two-hundred day simple moving average of $426.33. The company has a market capitalization of $19.04 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 1.41 and a beta of 0.92. Carlisle Companies Incorporated has a one year low of $297.25 and a one year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share 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 during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the prior year, the business earned $4.68 earnings per share. The firm's revenue for the quarter was up 5.9% compared to the same quarter last year. On average, equities analysts expect that Carlisle Companies Incorporated will post 20.25 EPS for the current year.

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, November 15th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a yield of 0.95%. Carlisle Companies's payout ratio is 14.15%.

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 stock was sold at an average price of $443.41, for a total transaction of $121,937.75. Following the transaction, the vice president now 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. 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. Truist Financial started coverage on Carlisle Companies in a research report on Thursday, November 14th. They set a "hold" rating and a $460.00 price objective for the company. Robert W. Baird decreased their price objective on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating for the company in a report on Friday, October 25th. Finally, StockNews.com cut Carlisle Companies from a "buy" rating to a "hold" rating in a research note on Tuesday, August 27th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Carlisle Companies has a consensus rating of "Moderate Buy" and an average price target of $472.00.

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.