Carlisle Companies (NYSE:CSL) Shares Acquired Sen. Shelley Moore Capito

Senator Shelley Moore Capito (R-West Virginia) recently bought shares of Carlisle Companies Incorporated (NYSE:CSL). In a filing disclosed on November 12th, the Senator disclosed that they had bought between $1,001 and $15,000 in Carlisle Companies stock on October 8th.

Senator Shelley Moore Capito also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 9/25/2024.
• Sold $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 9/20/2024.
• Sold $1,001 – $15,000 in shares of NIKE (NYSE:NKE) on 9/20/2024.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 9/20/2024.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/20/2024.
• Sold $1,001 – $15,000 in shares of W.W. Grainger (NYSE:GWW) on 9/20/2024.
• Purchased $1,001 – $15,000 in shares of NIKE (NYSE:NKE) on 8/28/2024.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 8/27/2024.
• Sold $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 8/22/2024.

Carlisle Companies Stock Down 0.5 %

Carlisle Companies stock opened at $452.86 on Wednesday. Carlisle Companies Incorporated has a 1-year low of $267.40 and a 1-year high of $481.26. The business has a fifty day moving average price of $439.59 and a 200-day moving average price of $421.49. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.29. The stock has a market capitalization of $20.53 billion, a price-to-earnings ratio of 16.02, a PEG ratio of 1.48 and a beta of 0.91.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings results 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). Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same period in the prior year, the business posted $4.68 EPS. Carlisle Companies’s revenue was up 5.9% compared to the same quarter last year. Equities research analysts forecast that Carlisle Companies Incorporated will post 20.36 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be issued a dividend of $1.00 per share. The ex-dividend date is Friday, November 15th. This represents a $4.00 annualized dividend and a dividend yield of 0.88%. Carlisle Companies’s dividend payout ratio is presently 14.15%.

Hedge Funds Weigh In On Carlisle Companies

A number of institutional investors have recently modified their holdings of CSL. CANADA LIFE ASSURANCE Co raised its position in Carlisle Companies by 7.4% during the first quarter. CANADA LIFE ASSURANCE Co now owns 68,008 shares of the conglomerate’s stock valued at $26,631,000 after acquiring an additional 4,692 shares in the last quarter. Silver Lake Advisory LLC purchased a new position in shares of Carlisle Companies during the 2nd quarter valued at approximately $608,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Carlisle Companies by 3.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 44,381 shares of the conglomerate’s stock valued at $17,391,000 after purchasing an additional 1,429 shares during the period. Driehaus Capital Management LLC boosted its holdings in Carlisle Companies by 44.6% during the second quarter. Driehaus Capital Management LLC now owns 56,689 shares of the conglomerate’s stock worth $22,971,000 after buying an additional 17,472 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in Carlisle Companies by 188.0% during the first quarter. Cetera Investment Advisers now owns 8,255 shares of the conglomerate’s stock valued at $3,235,000 after buying an additional 5,389 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Wall Street Analyst Weigh In

CSL has been the topic of a number of recent analyst reports. Robert W. Baird cut their price target on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. StockNews.com lowered Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th. Finally, Oppenheimer boosted their price target on Carlisle Companies from $480.00 to $505.00 and gave the company an “outperform” rating in a research note on Tuesday, October 22nd. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $475.00.

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state’s history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor’s degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women’s Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

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.