Empowered Funds LLC Has $8.04 Million Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Empowered Funds LLC increased its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 32.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,868 shares of the conglomerate's stock after purchasing an additional 4,411 shares during the quarter. Empowered Funds LLC's holdings in Carlisle Companies were worth $8,036,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co grew its holdings in shares of Carlisle Companies by 7.4% during the first quarter. CANADA LIFE ASSURANCE Co now owns 68,008 shares of the conglomerate's stock worth $26,631,000 after buying an additional 4,692 shares in the last quarter. Silver Lake Advisory LLC bought a new position in shares of Carlisle Companies during the 2nd quarter worth approximately $608,000. Price T Rowe Associates Inc. MD lifted its position in shares of Carlisle Companies by 3.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 44,381 shares of the conglomerate's stock worth $17,391,000 after purchasing an additional 1,429 shares in the last quarter. Driehaus Capital Management LLC boosted its holdings in Carlisle Companies by 44.6% during the second quarter. Driehaus Capital Management LLC now owns 56,689 shares of the conglomerate's stock worth $22,971,000 after purchasing an additional 17,472 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Carlisle Companies by 188.0% during the first quarter. Cetera Investment Advisers now owns 8,255 shares of the conglomerate's stock worth $3,235,000 after purchasing an additional 5,389 shares during the last quarter. Institutional investors own 89.52% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Truist Financial assumed coverage on shares of Carlisle Companies in a research note on Thursday. They set a "hold" rating and a $460.00 price objective for the company. Robert W. Baird lowered their price target on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a research report on Friday, October 25th. Oppenheimer increased their price objective on Carlisle Companies from $480.00 to $505.00 and gave the company an "outperform" rating in a report on Tuesday, October 22nd. Finally, StockNews.com downgraded shares of Carlisle Companies from a "buy" rating to a "hold" rating in a report on Tuesday, August 27th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $472.00.

Carlisle Companies Stock Performance

Shares of NYSE CSL traded down $4.23 during midday trading on Friday, hitting $445.34. 208,098 shares of the company's stock were exchanged, compared to its average volume of 324,225. Carlisle Companies Incorporated has a 12 month low of $269.58 and a 12 month high of $481.26. The company's 50 day moving average price is $442.46 and its 200 day moving average price is $422.50. The company has a quick ratio of 2.29, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $20.19 billion, a PE ratio of 15.76, a price-to-earnings-growth ratio of 1.49 and a beta of 0.91.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing the consensus estimate 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 analyst estimates of $1.38 billion. During the same quarter in the prior year, the firm earned $4.68 earnings per share. Carlisle Companies's revenue for the quarter was up 5.9% on a year-over-year basis. As a group, analysts predict that Carlisle Companies Incorporated will post 20.36 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $1.00 per share. The ex-dividend date is Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.90%. Carlisle Companies's dividend payout ratio (DPR) is currently 14.15%.

Carlisle Companies 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.