Natixis Advisors LLC Purchases 12,474 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Natixis Advisors LLC lifted its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 10.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 135,864 shares of the conglomerate's stock after acquiring an additional 12,474 shares during the period. Natixis Advisors LLC owned approximately 0.30% of Carlisle Companies worth $61,105,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Capital Performance Advisors LLP bought a new position in shares of Carlisle Companies in the third quarter valued at $25,000. ORG Wealth Partners LLC acquired a new position in Carlisle Companies during the third quarter worth about $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Carlisle Companies during the second quarter worth about $32,000. ORG Partners LLC acquired a new position in Carlisle Companies during the second quarter worth about $31,000. Finally, Gilliland Jeter Wealth Management LLC bought a new stake in shares of Carlisle Companies during the second quarter worth about $39,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Trading Down 0.9 %

CSL stock traded down $4.23 on Friday, reaching $445.34. The company's stock had a trading volume of 208,098 shares, compared to its average volume of 305,006. The business has a fifty day simple moving average of $442.46 and a two-hundred day simple moving average of $422.50. 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 $20.19 billion, a PE ratio of 15.76, a PEG ratio of 1.46 and a beta of 0.91. Carlisle Companies Incorporated has a 12-month low of $269.58 and a 12-month high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share 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 for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the previous year, the business earned $4.68 earnings per share. Carlisle Companies's revenue was up 5.9% compared to the same quarter last year. As a group, research analysts forecast 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. Shareholders of record on Friday, November 15th will be given a $1.00 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.00 annualized dividend and a yield of 0.90%. Carlisle Companies's payout ratio is 14.15%.

Analyst Upgrades and Downgrades

Several analysts recently commented on CSL shares. Oppenheimer upped their target price on Carlisle Companies from $480.00 to $505.00 and gave the company an "outperform" rating in a report on Tuesday, October 22nd. Robert W. Baird cut their price target 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. StockNews.com lowered Carlisle Companies from a "buy" rating to a "hold" rating in a research report on Tuesday, August 27th. Finally, Truist Financial assumed coverage on shares of Carlisle Companies in a report on Thursday. They issued a "hold" rating and a $460.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $472.00.

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.