Nia Impact Advisors LLC Has $6.45 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Nia Impact Advisors LLC grew its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 7.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,494 shares of the conglomerate’s stock after acquiring an additional 1,274 shares during the period. Carlisle Companies accounts for approximately 2.1% of Nia Impact Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Nia Impact Advisors LLC’s holdings in Carlisle Companies were worth $6,453,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of CSL. Norges Bank acquired a new stake in Carlisle Companies during the 4th quarter worth about $208,095,000. Wells Fargo & Company MN grew its holdings in Carlisle Companies by 692.1% during the 4th quarter. Wells Fargo & Company MN now owns 616,873 shares of the conglomerate’s stock worth $227,527,000 after acquiring an additional 538,990 shares during the period. Madison Investment Advisors LLC acquired a new stake in Carlisle Companies during the 4th quarter worth about $148,208,000. Inlight Wealth Management LLC acquired a new stake in Carlisle Companies during the 4th quarter worth about $118,038,000. Finally, TOMS Capital Investment Management LP acquired a new stake in Carlisle Companies during the 4th quarter worth about $54,219,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CSL has been the subject of a number of recent analyst reports. The Goldman Sachs Group decreased their price target on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Truist Financial reduced their target price on Carlisle Companies from $420.00 to $390.00 and set a “hold” rating for the company in a research note on Thursday, April 24th. Zelman & Associates upgraded Carlisle Companies from an “underperform” rating to a “neutral” rating in a research note on Monday, April 14th. StockNews.com upgraded Carlisle Companies from a “sell” rating to a “hold” rating in a research note on Tuesday, May 6th. Finally, Robert W. Baird raised their target price on Carlisle Companies from $455.00 to $460.00 and gave the company an “outperform” rating in a research note on Thursday, April 24th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Carlisle Companies presently has an average rating of “Moderate Buy” and a consensus target price of $454.00.

Carlisle Companies Price Performance

CSL stock opened at $400.90 on Wednesday. The company has a market capitalization of $17.34 billion, a P/E ratio of 14.51, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. Carlisle Companies Incorporated has a 52-week low of $311.41 and a 52-week high of $481.26. The business has a 50-day simple moving average of $353.74 and a two-hundred day simple moving average of $381.30.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.53 by $0.08. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.72 EPS. Research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 19th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a yield of 1.00%. Carlisle Companies’s dividend payout ratio (DPR) is currently 14.89%.

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.