Natixis Advisors LLC Acquires 46,513 Shares of Carlisle Companies Incorporated $CSL

Natixis Advisors LLC grew its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 19.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 286,170 shares of the conglomerate’s stock after purchasing an additional 46,513 shares during the quarter. Natixis Advisors LLC’s holdings in Carlisle Companies were worth $91,535,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in shares of Carlisle Companies by 4.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 227,526 shares of the conglomerate’s stock valued at $74,847,000 after purchasing an additional 8,701 shares during the last quarter. Citigroup Inc. boosted its stake in shares of Carlisle Companies by 51.8% in the 3rd quarter. Citigroup Inc. now owns 28,336 shares of the conglomerate’s stock valued at $9,321,000 after purchasing an additional 9,673 shares during the last quarter. M&G PLC bought a new position in shares of Carlisle Companies in the 3rd quarter valued at about $11,913,000. Vaughan Nelson Investment Management L.P. bought a new position in shares of Carlisle Companies in the 4th quarter valued at about $76,626,000. Finally, SG Americas Securities LLC boosted its stake in shares of Carlisle Companies by 744.0% in the 4th quarter. SG Americas Securities LLC now owns 91,170 shares of the conglomerate’s stock valued at $29,162,000 after purchasing an additional 80,368 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Carlisle Companies in a research note on Friday, March 27th. William Blair reiterated a “market perform” rating on shares of Carlisle Companies in a research report on Wednesday, March 18th. Robert W. Baird increased their price target on shares of Carlisle Companies from $402.00 to $425.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Zacks Research upgraded shares of Carlisle Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Finally, Oppenheimer increased their price target on shares of Carlisle Companies from $420.00 to $425.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $405.00.

Carlisle Companies Stock Performance

Shares of CSL stock opened at $343.61 on Wednesday. The company has a debt-to-equity ratio of 1.74, a quick ratio of 2.58 and a current ratio of 3.38. The company has a market capitalization of $13.91 billion, a P/E ratio of 20.20, a price-to-earnings-growth ratio of 1.07 and a beta of 0.86. The company’s 50 day moving average price is $344.94 and its two-hundred day moving average price is $348.12. Carlisle Companies Incorporated has a 52 week low of $293.43 and a 52 week high of $435.92.

Carlisle Companies (NYSE:CSL) last announced its earnings results on Thursday, April 23rd. The conglomerate reported $3.63 EPS for the quarter, topping the consensus estimate of $3.31 by $0.32. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.45 billion. Carlisle Companies had a net margin of 14.57% and a return on equity of 43.78%. The business’s quarterly revenue was down 4.0% on a year-over-year basis. During the same period last year, the company posted $3.61 EPS. On average, analysts expect that Carlisle Companies Incorporated will post 21.16 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 18th were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, May 18th. Carlisle Companies’s dividend payout ratio (DPR) is 25.87%.

Carlisle Companies Company 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.