Tidal Investments LLC Buys 1,379 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Tidal Investments LLC increased its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 23.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,137 shares of the conglomerate's stock after purchasing an additional 1,379 shares during the period. Tidal Investments LLC's holdings in Carlisle Companies were worth $3,210,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TD Asset Management Inc raised its holdings in Carlisle Companies by 2,073.5% during the second quarter. TD Asset Management Inc now owns 281,643 shares of the conglomerate's stock worth $114,125,000 after buying an additional 268,685 shares during the last quarter. FMR LLC increased its position in shares of Carlisle Companies by 29.6% during the third quarter. FMR LLC now owns 955,289 shares of the conglomerate's stock worth $429,641,000 after acquiring an additional 218,002 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec raised its holdings in shares of Carlisle Companies by 6,405.8% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate's stock worth $80,757,000 after acquiring an additional 176,799 shares during the last quarter. Epoch Investment Partners Inc. bought a new position in Carlisle Companies in the 2nd quarter valued at about $65,041,000. Finally, Holocene Advisors LP boosted its stake in Carlisle Companies by 151.3% during the 3rd quarter. Holocene Advisors LP now owns 176,974 shares of the conglomerate's stock valued at $79,594,000 after purchasing an additional 106,539 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Stock Performance

CSL traded down $3.73 during trading on Friday, hitting $420.03. 223,868 shares of the company traded hands, compared to its average volume of 323,375. Carlisle Companies Incorporated has a one year low of $297.25 and a one year high of $481.26. The stock's fifty day moving average is $447.26 and its 200 day moving average is $426.33. 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 cap of $19.04 billion, a P/E ratio of 14.86, a price-to-earnings-growth ratio of 1.41 and a beta of 0.92.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.82 by ($0.04). The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.38 billion. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The business's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.68 earnings per share. As a group, equities analysts predict that Carlisle Companies Incorporated will post 20.25 EPS 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. Investors of record on Friday, November 15th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend is Friday, November 15th. Carlisle Companies's dividend payout ratio is presently 14.15%.

Insider Buying and Selling

In other Carlisle Companies news, VP David W. Smith sold 275 shares of Carlisle Companies stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $443.41, for a total transaction of $121,937.75. Following the completion of the transaction, the vice president now owns 2,834 shares in the company, valued at approximately $1,256,623.94. The trade was a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CSL. Truist Financial began coverage on Carlisle Companies in a report on Thursday, November 14th. They set a "hold" rating and a $460.00 price target for the company. Robert W. Baird lowered their target price on shares of Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating for the company in a report on Friday, October 25th. StockNews.com lowered shares of Carlisle Companies from a "buy" rating to a "hold" rating in a research report on Tuesday, August 27th. Finally, Oppenheimer upped their price objective 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. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $472.00.

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.