Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC trimmed its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 8.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,377 shares of the conglomerate’s stock after selling 3,511 shares during the period. Segall Bryant & Hamill LLC owned about 0.09% of Carlisle Companies worth $17,710,000 at the end of the most recent reporting period.

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

Carlisle Companies Trading Down 0.7 %

NYSE:CSL opened at $431.86 on Thursday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. The business has a fifty day moving average of $444.74 and a 200-day moving average of $423.39. Carlisle Companies Incorporated has a 1 year low of $271.58 and a 1 year high of $481.26. The stock has a market cap of $19.58 billion, a price-to-earnings ratio of 15.28, a PEG ratio of 1.47 and a beta of 0.91.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 earnings per share for the quarter, missing the consensus estimate of $5.82 by ($0.04). The business had revenue of $1.33 billion during 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 firm’s revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company posted $4.68 earnings per share. Equities analysts predict that Carlisle Companies Incorporated will post 20.25 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend is Friday, November 15th. Carlisle Companies’s payout ratio is 14.15%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CSL. StockNews.com lowered Carlisle Companies from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th. Oppenheimer boosted their target price on 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 price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Finally, Truist Financial initiated coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They issued a “hold” rating and a $460.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $472.00.

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.