OneDigital Investment Advisors LLC Purchases Shares of 1,158 Carlisle Companies Incorporated (NYSE:CSL)

OneDigital Investment Advisors LLC purchased a new position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,158 shares of the conglomerate's stock, valued at approximately $521,000.

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

Carlisle Companies Stock Performance

NYSE CSL opened at $431.86 on Thursday. Carlisle Companies Incorporated has a 12-month low of $271.58 and a 12-month high of $481.26. 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 company has a market cap of $19.58 billion, a P/E ratio of 15.28, a PEG ratio of 1.43 and a beta of 0.91. The company has a fifty day simple moving average of $444.74 and a 200 day simple moving average of $423.39.

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 business had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.38 billion. During the same period last year, the company earned $4.68 earnings per share. Carlisle Companies's revenue for the quarter was up 5.9% compared to the same quarter last year. Sell-side analysts predict that Carlisle Companies Incorporated will post 20.25 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The business 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 dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.00 annualized dividend and a yield of 0.93%. Carlisle Companies's payout ratio is presently 14.15%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Robert W. Baird decreased 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 raised their price target on Carlisle Companies from $480.00 to $505.00 and gave the company an "outperform" rating in a research note on Tuesday, October 22nd. StockNews.com lowered Carlisle Companies from a "buy" rating to a "hold" rating in a research note on Tuesday, August 27th. Finally, Truist Financial assumed coverage on shares of Carlisle Companies in a research report on Thursday, November 14th. They set a "hold" rating and a $460.00 price objective for the company. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Carlisle Companies presently has a consensus rating of "Moderate Buy" and a consensus price target of $472.00.

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.