First Eagle Investment Management LLC Sells 10,653 Shares of Carlisle Companies Incorporated $CSL

First Eagle Investment Management LLC reduced its position in Carlisle Companies Incorporated (NYSE:CSL) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 537,448 shares of the conglomerate’s stock after selling 10,653 shares during the quarter. First Eagle Investment Management LLC’s holdings in Carlisle Companies were worth $200,683,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. GFG Capital LLC acquired a new position in Carlisle Companies in the second quarter valued at $25,000. Hemington Wealth Management raised its position in shares of Carlisle Companies by 61.9% in the 2nd quarter. Hemington Wealth Management now owns 68 shares of the conglomerate’s stock worth $25,000 after acquiring an additional 26 shares in 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 purchasing an additional 58 shares during the period. Dagco Inc. bought a new stake in shares of Carlisle Companies during the 1st quarter valued at about $27,000. Finally, Costello Asset Management INC acquired a new stake in Carlisle Companies during the second quarter worth approximately $34,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Stock Performance

NYSE CSL opened at $315.42 on Friday. The company has a market cap of $13.18 billion, a P/E ratio of 17.89, a PEG ratio of 1.12 and a beta of 1.00. The company has a fifty day simple moving average of $342.54 and a 200 day simple moving average of $370.92. The company has a current ratio of 2.19, a quick ratio of 1.47 and a debt-to-equity ratio of 0.89. Carlisle Companies Incorporated has a 12-month low of $311.41 and a 12-month high of $472.66.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share for the quarter, topping the consensus estimate of $5.47 by $0.14. The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. Carlisle Companies had a net margin of 15.48% and a return on equity of 39.10%. The business’s revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.78 earnings per share. Carlisle Companies has set its FY 2025 guidance at EPS. Sell-side analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, November 14th. Carlisle Companies’s payout ratio is currently 24.96%.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Loop Capital lowered Carlisle Companies from a “buy” rating to a “hold” rating and dropped their price target for the company from $430.00 to $395.00 in a research note on Thursday, July 31st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Carlisle Companies in a research note on Thursday, October 30th. JPMorgan Chase & Co. dropped their target price on shares of Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. The Goldman Sachs Group cut their target price on shares of Carlisle Companies from $444.00 to $385.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Finally, Oppenheimer decreased their price target on shares of Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $386.67.

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.