National Pension Service Has $12.59 Million Holdings in Carlisle Companies Incorporated $CSL

National Pension Service grew its stake in Carlisle Companies Incorporated (NYSE:CSL) by 23.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,345 shares of the conglomerate’s stock after buying an additional 7,558 shares during the quarter. National Pension Service’s holdings in Carlisle Companies were worth $12,585,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Rothschild Investment LLC lifted its position in shares of Carlisle Companies by 3,866.7% in the fourth quarter. Rothschild Investment LLC now owns 119 shares of the conglomerate’s stock worth $38,000 after purchasing an additional 116 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in shares of Carlisle Companies in the fourth quarter worth $8,582,000. Huntington National Bank lifted its position in shares of Carlisle Companies by 25.2% in the fourth quarter. Huntington National Bank now owns 169 shares of the conglomerate’s stock worth $54,000 after purchasing an additional 34 shares in the last quarter. AlphaQuest LLC lifted its position in shares of Carlisle Companies by 186.5% in the fourth quarter. AlphaQuest LLC now owns 4,609 shares of the conglomerate’s stock worth $1,474,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Smithfield Trust Co lifted its position in shares of Carlisle Companies by 361.8% in the fourth quarter. Smithfield Trust Co now owns 254 shares of the conglomerate’s stock worth $82,000 after purchasing an additional 199 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Price Performance

Shares of CSL opened at $344.99 on Monday. The firm has a market capitalization of $13.96 billion, a PE ratio of 20.28, a PEG ratio of 1.09 and a beta of 0.86. The company’s 50-day moving average is $344.83 and its 200-day moving average is $347.98. Carlisle Companies Incorporated has a fifty-two week low of $293.43 and a fifty-two week high of $435.92. The company has a debt-to-equity ratio of 1.74, a current ratio of 3.38 and a quick ratio of 2.58.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $3.63 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.32. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.45 billion. Carlisle Companies had a net margin of 14.57% and a return on equity of 43.78%. The company’s revenue was down 4.0% on a year-over-year basis. During the same period in the prior year, the firm earned $3.61 earnings per share. Equities analysts forecast that Carlisle Companies Incorporated will post 21.16 EPS for the current year.

Carlisle Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 18th will be paid a $1.10 dividend. The ex-dividend date is Monday, May 18th. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. Carlisle Companies’s dividend payout ratio is 25.87%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CSL. Raymond James Financial began coverage on shares of Carlisle Companies in a research report on Monday, April 27th. They issued an “outperform” rating and a $425.00 price objective on the stock. Truist Financial boosted their price objective on shares of Carlisle Companies from $340.00 to $360.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Oppenheimer boosted their price objective on shares of Carlisle Companies from $420.00 to $425.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Robert W. Baird boosted their price objective on shares of Carlisle Companies from $402.00 to $425.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Carlisle Companies in a research report on Friday, March 27th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $405.00.

Carlisle Companies Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.