Atria Investments Inc Has $950,000 Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Atria Investments Inc boosted its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 12.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 2,113 shares of the conglomerate’s stock after acquiring an additional 237 shares during the quarter. Atria Investments Inc’s holdings in Carlisle Companies were worth $950,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Truist Financial Corp increased its holdings in shares of Carlisle Companies by 0.8% during the 2nd quarter. Truist Financial Corp now owns 334,241 shares of the conglomerate’s stock worth $135,438,000 after acquiring an additional 2,545 shares during the last quarter. TD Asset Management Inc raised its position in shares of Carlisle Companies by 2,073.5% in the second quarter. TD Asset Management Inc now owns 281,643 shares of the conglomerate’s stock valued at $114,125,000 after purchasing an additional 268,685 shares during the period. Public Employees Retirement Association of Colorado boosted its holdings in shares of Carlisle Companies by 2.9% during the 2nd quarter. Public Employees Retirement Association of Colorado now owns 234,166 shares of the conglomerate’s stock worth $94,886,000 after buying an additional 6,613 shares during the period. Zurich Insurance Group Ltd FI grew its stake in Carlisle Companies by 1.9% in the 2nd quarter. Zurich Insurance Group Ltd FI now owns 191,738 shares of the conglomerate’s stock valued at $77,694,000 after buying an additional 3,504 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Carlisle Companies by 2.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 176,143 shares of the conglomerate’s stock valued at $71,375,000 after acquiring an additional 4,017 shares during the period. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Trading Down 1.2 %

Shares of CSL stock opened at $445.34 on Monday. The stock has a market cap of $20.19 billion, a P/E ratio of 15.76, a price-to-earnings-growth ratio of 1.46 and a beta of 0.91. Carlisle Companies Incorporated has a 1 year low of $269.58 and a 1 year high of $481.26. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68. The stock has a 50 day simple moving average of $442.46 and a 200 day simple moving average of $422.76.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 earnings per share for the quarter, missing the consensus estimate of $5.82 by ($0.04). The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.38 billion. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. Carlisle Companies’s revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned $4.68 earnings per share. On average, research analysts predict that Carlisle Companies Incorporated will post 20.25 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, November 15th will be given a dividend of $1.00 per share. The ex-dividend date is Friday, November 15th. This represents a $4.00 annualized dividend and a yield of 0.90%. Carlisle Companies’s dividend payout ratio is 14.15%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Truist Financial began coverage on Carlisle Companies in a report on Thursday. They set a “hold” rating and a $460.00 price objective for the company. Oppenheimer upped their price objective on Carlisle Companies from $480.00 to $505.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. StockNews.com cut Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Finally, Robert W. Baird reduced their target price on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Two 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, the company has a consensus rating of “Moderate Buy” and an average target price of $472.00.

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.