Carlisle Companies Incorporated Expected to Earn Q4 2024 Earnings of $4.80 Per Share (NYSE:CSL)

Carlisle Companies Incorporated (NYSE:CSL) – Research analysts at Zacks Research upped their Q4 2024 EPS estimates for shares of Carlisle Companies in a research report issued on Monday, September 16th. Zacks Research analyst S. Roy now expects that the conglomerate will post earnings per share of $4.80 for the quarter, up from their previous estimate of $4.75. The consensus estimate for Carlisle Companies’ current full-year earnings is $20.58 per share. Zacks Research also issued estimates for Carlisle Companies’ Q1 2025 earnings at $3.91 EPS, Q2 2025 earnings at $6.13 EPS, Q4 2025 earnings at $5.39 EPS, FY2025 earnings at $21.36 EPS, Q1 2026 earnings at $4.70 EPS, Q2 2026 earnings at $6.78 EPS and FY2026 earnings at $24.15 EPS.

CSL has been the topic of several other research reports. Robert W. Baird raised their price objective on shares of Carlisle Companies from $465.00 to $500.00 and gave the company an “outperform” rating in a research report on Monday, July 15th. Oppenheimer restated an “outperform” rating and set a $480.00 price target (up previously from $475.00) on shares of Carlisle Companies in a research report on Wednesday, September 4th. Finally, StockNews.com cut shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Carlisle Companies has a consensus rating of “Moderate Buy” and a consensus target price of $433.00.

Carlisle Companies Price Performance

Shares of NYSE CSL opened at $425.32 on Thursday. The stock has a fifty day moving average of $410.03 and a 200-day moving average of $401.61. The stock has a market cap of $20.25 billion, a PE ratio of 24.66, a price-to-earnings-growth ratio of 1.30 and a beta of 0.90. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.50 and a current ratio of 2.89. Carlisle Companies has a fifty-two week low of $235.79 and a fifty-two week high of $443.87.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Wednesday, July 24th. The conglomerate reported $6.24 earnings per share for the quarter, topping the consensus estimate of $5.84 by $0.40. Carlisle Companies had a return on equity of 31.65% and a net margin of 27.88%. The business had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.45 billion. During the same quarter in the previous year, the firm earned $5.18 earnings per share. The business’s revenue was up 11.0% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. CANADA LIFE ASSURANCE Co raised its holdings in Carlisle Companies by 7.4% in the first quarter. CANADA LIFE ASSURANCE Co now owns 68,008 shares of the conglomerate’s stock worth $26,631,000 after purchasing an additional 4,692 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Carlisle Companies by 51.2% in the 1st quarter. Daiwa Securities Group Inc. now owns 13,045 shares of the conglomerate’s stock worth $5,112,000 after acquiring an additional 4,415 shares in the last quarter. Wellington Management Group LLP lifted its position in Carlisle Companies by 1,074.0% during the 4th quarter. Wellington Management Group LLP now owns 152,001 shares of the conglomerate’s stock valued at $47,490,000 after acquiring an additional 139,054 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its position in Carlisle Companies by 887.3% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 13,891 shares of the conglomerate’s stock valued at $5,443,000 after acquiring an additional 12,484 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its stake in Carlisle Companies by 38.1% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 13,841 shares of the conglomerate’s stock worth $43,000 after acquiring an additional 3,815 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Kevin P. Zdimal sold 21,470 shares of Carlisle Companies stock in a transaction on Friday, July 26th. The shares were sold at an average price of $425.29, for a total value of $9,130,976.30. Following the transaction, the chief financial officer now directly owns 35,641 shares of the company’s stock, valued at $15,157,760.89. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Carlisle Companies news, VP David W. Smith sold 600 shares of the business’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $425.56, for a total transaction of $255,336.00. Following the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at approximately $1,206,037.04. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Kevin P. Zdimal sold 21,470 shares of the firm’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $425.29, for a total transaction of $9,130,976.30. Following the completion of the sale, the chief financial officer now owns 35,641 shares of the company’s stock, valued at $15,157,760.89. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Carlisle Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Tuesday, August 20th were given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 0.94%. This is a positive change from Carlisle Companies’s previous quarterly dividend of $0.85. The ex-dividend date of this dividend was Tuesday, August 20th. Carlisle Companies’s dividend payout ratio (DPR) is presently 23.19%.

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.