Analysts Set Carlisle Companies Incorporated (NYSE:CSL) Price Target at $472.00

Shares of Carlisle Companies Incorporated (NYSE:CSL - Get Free Report) have been given an average rating of "Moderate Buy" by the five ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $472.00.

A number of equities analysts have commented on CSL shares. Truist Financial started coverage on shares of Carlisle Companies in a research note on Thursday, November 14th. They issued a "hold" rating and a $460.00 price target for the company. Oppenheimer boosted their price target on shares of Carlisle Companies from $480.00 to $505.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 22nd. StockNews.com cut Carlisle Companies from a "buy" rating to a "hold" rating in a report on Tuesday, August 27th. Finally, Robert W. Baird decreased their price objective on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a report on Friday, October 25th.

Carlisle Companies Price Performance

Carlisle Companies stock traded down $9.80 during midday trading on Monday, reaching $430.21. 206,978 shares of the stock were exchanged, compared to its average volume of 324,133. The company's fifty day moving average is $449.64 and its 200-day moving average is $426.33. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. The firm has a market cap of $19.50 billion, a PE ratio of 15.57, a PEG ratio of 1.45 and a beta of 0.92. Carlisle Companies has a 52 week low of $291.23 and a 52 week high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its 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). The firm had revenue of $1.33 billion for 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 was up 5.9% on a year-over-year basis. During the same period last year, the company posted $4.68 EPS. On average, sell-side analysts forecast that Carlisle Companies will post 20.25 EPS for the current year.

Carlisle Companies Dividend Announcement

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

Insider Activity at Carlisle Companies

In other Carlisle Companies news, VP David W. Smith sold 275 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $443.41, for a total transaction of $121,937.75. Following the completion of the sale, the vice president now owns 2,834 shares of the company's stock, valued at $1,256,623.94. This represents a 8.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.50% of the stock is currently owned by company insiders.

Institutional Trading of Carlisle Companies

A number of institutional investors have recently modified their holdings of CSL. Capital Performance Advisors LLP bought a new position in Carlisle Companies during the 3rd quarter valued at approximately $25,000. ORG Wealth Partners LLC purchased a new position in shares of Carlisle Companies during the third quarter valued at approximately $32,000. True Wealth Design LLC increased its stake in shares of Carlisle Companies by 1,400.0% during the third quarter. True Wealth Design LLC now owns 75 shares of the conglomerate's stock valued at $34,000 after buying an additional 70 shares during the period. ORG Partners LLC purchased a new stake in Carlisle Companies in the second quarter worth $31,000. Finally, Gilliland Jeter Wealth Management LLC bought a new stake in Carlisle Companies in the second quarter valued at $39,000. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

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.