Victory Capital Management Inc. Has $42.71 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Victory Capital Management Inc. lifted its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 59.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 94,968 shares of the conglomerate's stock after purchasing an additional 35,594 shares during the period. Victory Capital Management Inc. owned 0.21% of Carlisle Companies worth $42,712,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of CSL. Capital Performance Advisors LLP acquired a new stake in shares of Carlisle Companies in the 3rd quarter valued at $25,000. ORG Partners LLC bought a new stake in Carlisle Companies during the 2nd quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Carlisle Companies during the 2nd quarter valued at about $32,000. ORG Wealth Partners LLC bought a new position in shares of Carlisle Companies in the 3rd quarter valued at about $32,000. Finally, Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Carlisle Companies during the 2nd quarter worth approximately $39,000. Institutional investors own 89.52% of the company's stock.

Analyst Upgrades and Downgrades

CSL has been the topic of a number of recent research reports. Oppenheimer raised their price objective on shares of 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 report on Tuesday, August 27th. Truist Financial initiated coverage on shares of Carlisle Companies in a research note on Thursday. They issued a "hold" rating and a $460.00 target price for the company. Finally, Robert W. Baird reduced their price target on shares of Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $472.00.

Carlisle Companies Stock Down 0.9 %

NYSE CSL traded down $4.23 during trading hours on Friday, reaching $445.34. 208,098 shares of the company's stock were exchanged, compared to its average volume of 324,225. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. Carlisle Companies Incorporated has a one year low of $269.58 and a one year high of $481.26. The company's 50-day moving average is $442.46 and its two-hundred day moving average is $422.50. The company has a market capitalization of $20.19 billion, a price-to-earnings ratio of 15.76, a price-to-earnings-growth ratio of 1.49 and a beta of 0.91.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 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 analyst estimates of $1.38 billion. Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The company's revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $4.68 earnings per share. On average, analysts forecast that Carlisle Companies Incorporated will post 20.36 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.90%. Carlisle Companies's payout ratio is presently 14.15%.

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.