2,250 Shares in Carlisle Companies Incorporated (NYSE:CSL) Purchased by Lifestyle Asset Management Inc.

Lifestyle Asset Management Inc. bought a new stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,250 shares of the conglomerate's stock, valued at approximately $1,012,000.

A number of other institutional investors have also added to or reduced their stakes in CSL. Truist Financial Corp lifted its stake in shares of Carlisle Companies by 0.8% in the second quarter. Truist Financial Corp now owns 334,241 shares of the conglomerate's stock valued at $135,438,000 after buying an additional 2,545 shares in the last quarter. TD Asset Management Inc lifted its position in Carlisle Companies by 2,073.5% in the 2nd quarter. TD Asset Management Inc now owns 281,643 shares of the conglomerate's stock valued at $114,125,000 after acquiring an additional 268,685 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its stake in Carlisle Companies by 2.9% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 234,166 shares of the conglomerate's stock valued at $94,886,000 after purchasing an additional 6,613 shares during the last quarter. Zurich Insurance Group Ltd FI increased its holdings in Carlisle Companies by 1.9% during the 2nd quarter. Zurich Insurance Group Ltd FI now owns 191,738 shares of the conglomerate's stock worth $77,694,000 after purchasing an additional 3,504 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Carlisle Companies by 2.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 176,143 shares of the conglomerate's stock worth $71,375,000 after purchasing an additional 4,017 shares in the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Carlisle Companies Stock Performance

Shares of CSL traded up $2.28 on Friday, reaching $450.93. 372,892 shares of the company's stock traded hands, compared to its average volume of 326,282. The stock's 50 day simple moving average is $437.43 and its two-hundred day simple moving average is $419.45. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68. Carlisle Companies Incorporated has a 52-week low of $260.73 and a 52-week high of $481.26. The stock has a market cap of $20.44 billion, a PE ratio of 15.88, a PEG ratio of 1.39 and a beta of 0.91.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its earnings results 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 return on equity of 33.29% and a net margin of 27.05%. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the previous year, the firm earned $4.68 earnings per share. The company's revenue for the quarter was up 5.9% on a year-over-year basis. On average, analysts forecast that Carlisle Companies Incorporated will post 20.36 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 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 annualized dividend and a dividend yield of 0.89%. Carlisle Companies's payout ratio is currently 14.15%.

Analyst Upgrades and Downgrades

CSL has been the topic of a number of recent research reports. Robert W. Baird dropped their target price on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. Oppenheimer lifted their price objective on shares of Carlisle Companies from $480.00 to $505.00 and gave the stock 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. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Carlisle Companies presently has an average rating of "Moderate Buy" and a consensus target price of $475.00.

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.