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 Stock Down 0.5 %

CSL stock opened at $452.86 on Wednesday. Carlisle Companies Incorporated has a one year low of $267.40 and a one year high of $481.26. The firm has a market cap of $20.53 billion, a PE ratio of 16.02, a PEG ratio of 1.48 and a beta of 0.91. The firm’s 50 day moving average price is $439.59 and its 200-day moving average price is $421.49. 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 (NYSE:CSL) last released its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.82 by ($0.04). Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period last year, the firm posted $4.68 earnings per share. Carlisle Companies’s revenue was up 5.9% on a year-over-year basis. On average, equities research analysts anticipate that Carlisle Companies Incorporated will post 20.36 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently declared 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 of this dividend 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%.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Daiwa Securities Group Inc. lifted its holdings in shares of Carlisle Companies by 6.6% in the 3rd quarter. Daiwa Securities Group Inc. now owns 19,355 shares of the conglomerate’s stock valued at $8,705,000 after purchasing an additional 1,200 shares during the last quarter. Crewe Advisors LLC lifted its stake in Carlisle Companies by 37.6% in the third quarter. Crewe Advisors LLC now owns 293 shares of the conglomerate’s stock valued at $132,000 after buying an additional 80 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of Carlisle Companies by 123.6% in the third quarter. Larson Financial Group LLC now owns 635 shares of the conglomerate’s stock valued at $286,000 after acquiring an additional 351 shares during the period. Cerity Partners LLC grew its position in shares of Carlisle Companies by 49.0% during the third quarter. Cerity Partners LLC now owns 6,951 shares of the conglomerate’s stock worth $3,126,000 after acquiring an additional 2,285 shares during the last quarter. Finally, Nicolet Advisory Services LLC increased its holdings in shares of Carlisle Companies by 7.2% in the 3rd quarter. Nicolet Advisory Services LLC now owns 1,237 shares of the conglomerate’s stock valued at $554,000 after acquiring an additional 83 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

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.