Orion Porfolio Solutions LLC Buys 1,956 Shares of Carlisle Companies Incorporated $CSL

Orion Porfolio Solutions LLC raised its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 41.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 6,672 shares of the conglomerate’s stock after acquiring an additional 1,956 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Carlisle Companies were worth $2,492,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Raymond James Financial Inc. increased its holdings in Carlisle Companies by 27.6% in the 1st quarter. Raymond James Financial Inc. now owns 103,214 shares of the conglomerate’s stock worth $35,144,000 after acquiring an additional 22,313 shares during the last quarter. Brooklyn Investment Group increased its stake in shares of Carlisle Companies by 19.9% in the first quarter. Brooklyn Investment Group now owns 331 shares of the conglomerate’s stock worth $113,000 after purchasing an additional 55 shares in the last quarter. Northern Trust Corp increased its stake in shares of Carlisle Companies by 1.4% in the first quarter. Northern Trust Corp now owns 495,556 shares of the conglomerate’s stock worth $168,737,000 after purchasing an additional 6,948 shares in the last quarter. Credit Agricole S A lifted its stake in shares of Carlisle Companies by 18.3% during the 1st quarter. Credit Agricole S A now owns 2,240 shares of the conglomerate’s stock valued at $763,000 after buying an additional 346 shares in the last quarter. Finally, Capital Fund Management S.A. boosted its holdings in Carlisle Companies by 187.2% in the 1st quarter. Capital Fund Management S.A. now owns 29,904 shares of the conglomerate’s stock worth $10,182,000 after buying an additional 19,490 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Trading Down 0.7%

Shares of Carlisle Companies stock opened at $328.48 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 3.25 and a quick ratio of 2.62. Carlisle Companies Incorporated has a 1 year low of $293.43 and a 1 year high of $435.92. The firm has a market cap of $13.73 billion, a PE ratio of 18.63, a PEG ratio of 1.15 and a beta of 0.96. The company has a 50 day simple moving average of $322.78 and a two-hundred day simple moving average of $356.46.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share for the quarter, beating the consensus estimate of $5.47 by $0.14. Carlisle Companies had a net margin of 15.48% and a return on equity of 40.26%. The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter last year, the company posted $5.78 EPS. The business’s quarterly revenue was up 1.0% on a year-over-year basis. Analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th were given a dividend of $1.10 per share. The ex-dividend date was Friday, November 14th. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. Carlisle Companies’s dividend payout ratio is 24.96%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CSL. The Goldman Sachs Group lowered their target price on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Weiss Ratings restated a “hold (c)” rating on shares of Carlisle Companies in a research note on Monday. Oppenheimer decreased their price target on Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. Vertical Research assumed coverage on shares of Carlisle Companies in a research report on Monday, October 20th. They issued a “hold” rating for the company. Finally, Robert W. Baird lowered their target price on shares of Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating on the stock in a research note on Monday, October 13th. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Carlisle Companies presently has an average rating of “Hold” and a consensus target price of $386.67.

Carlisle Companies Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.