New insider activity at Carlisle Companies ( (CSL) ) has taken place on February 8, 2025.
Director Jonathan R. Collins recently sold 1,050 shares of Carlisle Companies stock, generating a total of $366,702 from the transaction.
Recent Updates on CSL stock
Carlisle Companies has reported strong financial results for 2024, achieving record adjusted EPS of $20.20, a 30% increase from the previous year, driven by strategic initiatives and a strategic shift towards becoming a pure-play building products company. This includes the $2 billion sale of CIT and acquisitions such as MTL and Plasti-Fab, which have enhanced market position and synergies. Despite facing market headwinds like higher interest rates and unfavorable weather conditions impacting the construction industry, Carlisle’s operational efficiencies and innovation have supported its growth. Analysts have lowered price targets due to slower-than-expected pricing improvements in roofing and broader macroeconomic pressures, though the company remains optimistic about 2025, with anticipated mid-single-digit revenue growth and further expansion in adjusted EBITDA margins.
More about Carlisle Companies
YTD Price Performance: -4.63%
Average Trading Volume: 357,217
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $15.84B
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