Cooke & Bieler LP Has $114.73 Million Stock Holdings in Carlisle Companies Incorporated $CSL

Cooke & Bieler LP lifted its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 41.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 307,266 shares of the conglomerate’s stock after buying an additional 89,661 shares during the quarter. Cooke & Bieler LP owned about 0.71% of Carlisle Companies worth $114,733,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. GFG Capital LLC acquired a new position in Carlisle Companies in the 2nd quarter valued at $25,000. Hemington Wealth Management lifted its stake in shares of Carlisle Companies by 61.9% in the 2nd quarter. Hemington Wealth Management now owns 68 shares of the conglomerate’s stock valued at $25,000 after acquiring an additional 26 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Carlisle Companies by 527.3% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 69 shares of the conglomerate’s stock valued at $26,000 after acquiring an additional 58 shares during the last quarter. Dagco Inc. bought a new position in shares of Carlisle Companies in the 1st quarter valued at $27,000. Finally, Costello Asset Management INC bought a new position in Carlisle Companies in the second quarter valued at about $34,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Price Performance

Shares of CSL opened at $324.58 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.19 and a quick ratio of 1.47. Carlisle Companies Incorporated has a 1 year low of $311.41 and a 1 year high of $472.66. The business has a 50-day moving average of $347.85 and a 200-day moving average of $371.68. The company has a market capitalization of $13.88 billion, a price-to-earnings ratio of 18.41, a price-to-earnings-growth ratio of 1.12 and a beta of 1.00.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.47 by $0.14. Carlisle Companies had a net margin of 15.48% and a return on equity of 39.10%. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the business earned $5.78 EPS. The company’s revenue was up 1.0% compared to the same quarter last year. Carlisle Companies has set its FY 2025 guidance at EPS. As a group, equities research analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Tuesday, August 19th were given a $1.10 dividend. This is a boost from Carlisle Companies’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend was Tuesday, August 19th. This represents a $4.40 annualized dividend and a dividend yield of 1.4%. Carlisle Companies’s dividend payout ratio is 24.96%.

Analysts Set New Price Targets

Several equities analysts have commented on CSL shares. JPMorgan Chase & Co. dropped their target price on Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating for the company in a research report on Thursday. Loop Capital lowered shares of Carlisle Companies from a “buy” rating to a “hold” rating and dropped their price objective for the company from $430.00 to $395.00 in a report on Thursday, July 31st. The Goldman Sachs Group dropped their price objective on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a report on Monday, October 13th. Oppenheimer dropped their price objective on shares of Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Carlisle Companies in a research note on Thursday. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Carlisle Companies presently has an average rating of “Hold” and a consensus price target of $386.67.

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.