Sen. Shelley Moore Capito Purchases Shares of Carlisle Companies Incorporated (NYSE:CSL)

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 Trading Down 0.9 %

Shares of CSL opened at $450.58 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. Carlisle Companies Incorporated has a 52-week low of $269.58 and a 52-week high of $481.26. The firm has a market cap of $20.42 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 1.48 and a beta of 0.91. The business’s fifty day moving average is $441.60 and its 200-day moving average is $421.92.

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). 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%. The company’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the company posted $4.68 EPS. Equities analysts anticipate that Carlisle Companies Incorporated will post 20.36 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.89%. Carlisle Companies’s payout ratio is 14.15%.

Institutional Investors Weigh In On Carlisle Companies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC lifted its holdings in Carlisle Companies by 29.6% during the 3rd quarter. FMR LLC now owns 955,289 shares of the conglomerate’s stock worth $429,641,000 after purchasing an additional 218,002 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Carlisle Companies by 14.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 338,343 shares of the conglomerate’s stock worth $152,170,000 after buying an additional 41,766 shares during the last quarter. Truist Financial Corp raised its position 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 valued at $135,438,000 after buying an additional 2,545 shares in the last quarter. TD Asset Management Inc lifted its holdings in shares of Carlisle Companies by 2,073.5% during the 2nd quarter. TD Asset Management Inc now owns 281,643 shares of the conglomerate’s stock worth $114,125,000 after acquiring an additional 268,685 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado increased its stake in Carlisle Companies by 2.9% in the second quarter. Public Employees Retirement Association of Colorado now owns 234,166 shares of the conglomerate’s stock valued at $94,886,000 after acquiring an additional 6,613 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on CSL shares. Robert W. Baird decreased their price target on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. StockNews.com downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Truist Financial assumed coverage on Carlisle Companies in a report on Thursday. They issued a “hold” rating and a $460.00 target price for the company. Finally, Oppenheimer lifted their target price on Carlisle Companies from $480.00 to $505.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 22nd. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $472.00.

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.

About Carlisle Companies

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.