Radnor Capital Management LLC Acquires 80 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Radnor Capital Management LLC raised its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 4.0% during the first quarter, Holdings Channel reports. The fund owned 2,080 shares of the conglomerate’s stock after buying an additional 80 shares during the period. Radnor Capital Management LLC’s holdings in Carlisle Companies were worth $708,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CSL. GeoWealth Management LLC lifted its stake in Carlisle Companies by 25.0% in the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate’s stock worth $53,000 after acquiring an additional 29 shares during the period. CIBC Private Wealth Group LLC lifted its stake in Carlisle Companies by 2.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate’s stock worth $535,000 after acquiring an additional 38 shares during the period. Metis Global Partners LLC lifted its stake in Carlisle Companies by 6.4% in the fourth quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate’s stock worth $238,000 after acquiring an additional 39 shares during the period. TIAA Trust National Association lifted its stake in Carlisle Companies by 9.2% in the fourth quarter. TIAA Trust National Association now owns 581 shares of the conglomerate’s stock worth $214,000 after acquiring an additional 49 shares during the period. Finally, MorganRosel Wealth Management LLC lifted its stake in Carlisle Companies by 1.9% in the fourth quarter. MorganRosel Wealth Management LLC now owns 2,833 shares of the conglomerate’s stock worth $1,045,000 after acquiring an additional 52 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Stock Performance

Shares of Carlisle Companies stock opened at $378.27 on Friday. Carlisle Companies Incorporated has a 12 month low of $311.41 and a 12 month high of $481.26. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. The business has a fifty day simple moving average of $371.53 and a two-hundred day simple moving average of $375.68. The firm has a market capitalization of $16.36 billion, a P/E ratio of 13.69, a P/E/G ratio of 1.03 and a beta of 1.06.

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

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Monday, May 19th were issued a dividend of $1.00 per share. The ex-dividend date was Monday, May 19th. This represents a $4.00 annualized dividend and a dividend yield of 1.06%. Carlisle Companies’s payout ratio is presently 14.89%.

Wall Street Analyst Weigh In

Several brokerages have commented on CSL. Truist Financial lowered their price objective on Carlisle Companies from $420.00 to $390.00 and set a “hold” rating for the company in a research report on Thursday, April 24th. Wall Street Zen raised Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Friday, May 16th. Zelman & Associates raised Carlisle Companies from an “underperform” rating to a “neutral” rating in a research report on Monday, April 14th. Finally, Robert W. Baird raised their price objective on Carlisle Companies from $455.00 to $460.00 and gave the company an “outperform” rating in a research report on Thursday, April 24th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $454.00.

Carlisle Companies 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.