8,355 Carlisle Companies Incorporated $CSL Shares Acquired by Waycross Partners LLC

Waycross Partners LLC increased its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 12.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 76,992 shares of the conglomerate’s stock after acquiring an additional 8,355 shares during the quarter. Carlisle Companies makes up 1.9% of Waycross Partners LLC’s portfolio, making the stock its 24th biggest holding. Waycross Partners LLC’s holdings in Carlisle Companies were worth $24,805,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in CSL. Ashton Thomas Private Wealth LLC raised its holdings in Carlisle Companies by 12.8% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 703 shares of the conglomerate’s stock valued at $227,000 after buying an additional 80 shares during the period. Heritage Family Offices LLP purchased a new position in shares of Carlisle Companies during the third quarter worth $72,000. Kestra Advisory Services LLC grew its stake in shares of Carlisle Companies by 11.6% in the third quarter. Kestra Advisory Services LLC now owns 11,521 shares of the conglomerate’s stock valued at $3,712,000 after buying an additional 1,195 shares in the last quarter. Genesis Private Wealth LLC raised its holdings in shares of Carlisle Companies by 14.3% in the 3rd quarter. Genesis Private Wealth LLC now owns 792 shares of the conglomerate’s stock valued at $255,000 after buying an additional 99 shares during the period. Finally, Chicago Partners Investment Group LLC acquired a new position in Carlisle Companies in the 3rd quarter valued at about $314,000. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Analyst Ratings Changes

CSL has been the topic of a number of recent research reports. Robert W. Baird set a $410.00 price objective on Carlisle Companies in a research report on Thursday, October 29th. DA Davidson set a $355.00 price target on shares of Carlisle Companies in a report on Friday, October 9th. Finally, Weiss Ratings raised Carlisle Companies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $395.83.

Carlisle Companies Stock Down 0.9%

Shares of Carlisle Companies stock traded down $3.33 during trading hours on Friday, hitting $375.63. The company had a trading volume of 274,490 shares, compared to its average volume of 424,233. The company’s 50-day moving average is $339.30 and its two-hundred day moving average is $353.22. Carlisle Companies Incorporated has a twelve month low of $293.43 and a twelve month high of $432.91. The company has a debt-to-equity ratio of 2.01, a current ratio of 2.40 and a quick ratio of 1.80. The company has a market cap of $14.52 billion, a P/E ratio of 21.23, a price-to-earnings-growth ratio of 1.24 and a beta of 0.78.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Wednesday, October 28th. The conglomerate reported $5.92 earnings per share for the quarter, beating the consensus estimate of $5.89 by $0.03. Carlisle Companies had a return on equity of 51.25% and a net margin of 13.78%. The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the previous year, the business earned $5.61 EPS. The business’s quarterly revenue was up 8.6% on a year-over-year basis. Analysts anticipate that Carlisle Companies Incorporated will post 21.11 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Wednesday, November 18th will be given a dividend of $1.25 per share. The ex-dividend date is Wednesday, November 18th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.3%. Carlisle Companies’s dividend payout ratio (DPR) is 28.26%.

Carlisle Companies Profile

Carlisle Companies Incorporated is a diversified manufacturer focused primarily on products and solutions for the building envelope. Through its construction materials businesses, the company supplies commercial and residential roofing systems, insulation, waterproofing products, air and vapor barriers, and related components designed to improve the energy efficiency, durability, and performance of buildings.

Carlisle’s product portfolio includes single-ply roofing membranes, roof coatings, metal roofing systems, polyisocyanurate and expanded polystyrene insulation, sealants, and other building-envelope products.