Sen. Shelley Moore Capito Purchases Shares of Carlisle Companies Incorporated (NYSE:CSL)

Senator Shelley Moore Capito (R-West Virginia) recently bought shares of Carlisle Companies Incorporated NYSE: CSL. In a filing disclosed on November 12th, the Senator disclosed that they had bought between $1,001 and $15,000 in Carlisle Companies stock on October 8th.

Senator Shelley Moore Capito also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Norfolk Southern NYSE: NSC on 9/25/2024.
• Sold $1,001 - $15,000 in shares of Accenture NYSE: ACN on 9/20/2024.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/20/2024.
• Sold $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 9/20/2024.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 9/20/2024.
• Sold $1,001 - $15,000 in shares of W.W. Grainger NYSE: GWW on 9/20/2024.
• Purchased $1,001 - $15,000 in shares of NIKE NYSE: NKE on 8/28/2024.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 8/27/2024.
• Sold $1,001 - $15,000 in shares of Norfolk Southern NYSE: NSC on 8/22/2024.

Carlisle Companies Trading Up 0.4 %

NYSE CSL traded up $1.79 on Wednesday, hitting $454.83. 232,664 shares of the stock were exchanged, compared to its average volume of 325,380. The company's 50-day moving average price is $439.59 and its two-hundred day moving average price is $421.49. The company has a market capitalization of $20.62 billion, a price-to-earnings ratio of 16.22, a P/E/G ratio of 1.48 and a beta of 0.91. Carlisle Companies Incorporated has a 52-week low of $269.58 and a 52-week high of $481.26. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.29.

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

Carlisle Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be issued 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 0.88%. Carlisle Companies's dividend payout ratio is currently 14.15%.

Institutional Trading of Carlisle Companies

Several large investors have recently made changes to their positions in CSL. Capital Performance Advisors LLP bought a new position in shares of Carlisle Companies in the third quarter worth about $25,000. ORG Wealth Partners LLC bought a new position in Carlisle Companies in the third quarter worth $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Carlisle Companies during the second quarter worth $32,000. ORG Partners LLC bought a new stake in Carlisle Companies in the 2nd quarter valued at $31,000. Finally, Gilliland Jeter Wealth Management LLC acquired a new position in shares of Carlisle Companies in the 2nd quarter valued at $39,000. Institutional investors own 89.52% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CSL shares. Oppenheimer increased their target price on shares of Carlisle Companies from $480.00 to $505.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 22nd. Robert W. Baird lowered their target price on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Finally, StockNews.com downgraded Carlisle Companies from a "buy" rating to a "hold" rating in a research note on Tuesday, August 27th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Carlisle Companies has an average rating of "Moderate Buy" and an average price target of $475.00.

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state's history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor's degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women's Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

About Carlisle Companies

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.