Sei Investments Co. Has $29.80 Million Stake in Carlisle Companies Incorporated $CSL

Sei Investments Co. lowered its position in Carlisle Companies Incorporated (NYSE:CSL) by 11.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,320 shares of the conglomerate’s stock after selling 12,111 shares during the period. Sei Investments Co.’s holdings in Carlisle Companies were worth $29,799,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Cetera Investment Advisers increased its holdings in Carlisle Companies by 31.8% during the 1st quarter. Cetera Investment Advisers now owns 15,921 shares of the conglomerate’s stock valued at $5,311,000 after purchasing an additional 3,841 shares in the last quarter. Signature Equity Partners LLC raised its position in Carlisle Companies by 3,133.3% in the 1st quarter. Signature Equity Partners LLC now owns 97 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 94 shares during the last quarter. NewEdge Wealth LLC boosted its stake in Carlisle Companies by 23.1% in the first quarter. NewEdge Wealth LLC now owns 1,735 shares of the conglomerate’s stock worth $579,000 after purchasing an additional 326 shares in the last quarter. Oslo Pensjonsforsikring AS bought a new stake in shares of Carlisle Companies during the first quarter worth $199,000. Finally, Glenview Trust Co grew its holdings in shares of Carlisle Companies by 34.9% during the first quarter. Glenview Trust Co now owns 43,231 shares of the conglomerate’s stock worth $14,423,000 after purchasing an additional 11,179 shares during the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Carlisle Companies Stock Up 1.4%

NYSE CSL opened at $340.81 on Tuesday. The stock has a fifty day moving average of $346.74 and a 200-day moving average of $355.88. The stock has a market capitalization of $13.79 billion, a P/E ratio of 20.04, a price-to-earnings-growth ratio of 1.06 and a beta of 0.85. Carlisle Companies Incorporated has a 52 week low of $293.43 and a 52 week high of $435.92. The company has a debt-to-equity ratio of 1.74, a quick ratio of 2.58 and a current ratio of 3.38.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CSL. Truist Financial cut their price target on Carlisle Companies from $360.00 to $340.00 and set a “hold” rating for the company in a report on Tuesday, July 7th. Robert W. Baird decreased their price objective on shares of Carlisle Companies from $425.00 to $405.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. Raymond James Financial began coverage on shares of Carlisle Companies in a report on Monday, April 27th. They set an “outperform” rating and a $425.00 price objective on the stock. Oppenheimer raised their price objective on shares of Carlisle Companies from $420.00 to $425.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Carlisle Companies in a research note on Wednesday, June 24th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Carlisle Companies currently has an average rating of “Hold” and an average price target of $399.29.

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.