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Carlisle Companies Inc. - CSL STOCK NEWS

Welcome to our dedicated news page for Carlisle Companies (Ticker: CSL), a resource for investors and traders seeking the latest updates and insights on Carlisle Companies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Carlisle Companies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Carlisle Companies's position in the market.

Rhea-AI Summary
Carlisle Companies Incorporated (NYSE:CSL) has announced the acquisition of MTL Holdings for $410 million in cash, positioning Carlisle as a leader in the $4B architectural metal segment. The purchase is expected to add approximately $0.60 of adjusted EPS in 2025 and generate cost synergies of $13 million within the first three years. MTL, a provider of pre-fabricated edge metal for commercial roofing systems, brings a strong management team and a premium portfolio to Carlisle, enhancing its position in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.42%
Tags
acquisition
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Rhea-AI Summary
Carlisle Companies Incorporated (NYSE:CSL) reported record 4th quarter results with GAAP diluted EPS of $3.91 and adjusted EPS of $4.17, revenues of $1.1 billion, and operating margin of 22.5%. The company launched Vision 2030 strategy, signed an agreement to sell CIT, and announced a 2024 outlook with mid-single-digit revenue growth and expanding EBITDA margins. The fourth quarter 2023 revenue decreased 1.9% year-over-year, and the company expects combined benefits from a backlog of roofing projects and tailwinds from prior-year customer destocking to help mitigate potential macro-economic risks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.65%
Tags
earnings
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Rhea-AI Summary
Carlisle Companies Incorporated (NYSE:CSL) announced that its Sikeston, Missouri facility received the first-ever LEED Platinum v4 certification in North America for a manufacturing facility. The facility delivers a 38% improvement in building performance while generating over 10% of its energy used through renewable solar power. The company's commitment to Vision 2030 sustainability objectives is evident in this investment, showcasing its dedication to manufacturing energy-efficient products, reducing operational emissions, and diverting landfill waste. Carlisle's focus on providing innovative, energy-efficient building products and solutions to the commercial and residential construction markets is highlighted through the utilization of products like Sure-Weld® EXTRA TPO White Roofing Membrane, SecurShield® HD Composite Polyiso Insulation, and Barrithane™ Air and Vapor Barriers in the construction of this LEED Platinum v4 certified manufacturing facility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
none
Rhea-AI Summary
Carlisle Companies Incorporated (CSL) has announced a dividend of $0.85 per share, payable on March 1, 2024, to shareholders of record at the close of business on February 16, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
Tags
dividends
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Rhea-AI Summary
Amphenol Corporation (NYSE: APH) announced the acquisition of Carlisle Interconnect Technologies for $2.025 billion in cash, adding leading capabilities in harsh environment interconnect solutions. The acquisition is expected to accelerate long-term growth in the commercial air, defense, and industrial markets and be accretive to Amphenol's earnings per share in the first year post-closing. The acquisition will be financed through a combination of cash on hand and existing credit and commercial paper facilities, with the transaction expected to be completed by the end of the second quarter of 2024, subject to regulatory approvals and other closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
acquisition
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Rhea-AI Summary
Amphenol Corporation (NYSE: APH) announced the acquisition of Carlisle Interconnect Technologies for $2.025 billion in cash, adding leading capabilities in harsh environment interconnect solutions. The acquisition is expected to accelerate long-term growth in the commercial air, defense, and industrial markets and be accretive to Amphenol's earnings per share in the first year post-closing. The acquisition will be financed through a combination of cash on hand and existing credit and commercial paper facilities, with the transaction expected to be completed by the end of the second quarter of 2024, subject to regulatory approvals and other closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.03%
Tags
acquisition
Rhea-AI Summary
Carlisle Companies Incorporated (CSL) has announced the sale of Carlisle Interconnect Technologies (CIT) to Amphenol Corporation (APH) in a $2.025 billion transaction. The sale aligns with CSL's Vision 2030 strategy to pivot to a premier pure play building products company. The transaction is expected to close by the end of the second quarter of 2024, subject to regulatory clearances and closing adjustments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
none
-
Rhea-AI Summary
Carlisle Companies Incorporated (CSL) has announced the sale of Carlisle Interconnect Technologies (CIT) to Amphenol Corporation (APH) in a $2.025 billion transaction. The sale aligns with CSL's Vision 2030 strategy to pivot to a premier pure play building products company. The transaction is expected to close by the end of the second quarter of 2024, subject to regulatory clearances and closing adjustments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.03%
Tags
none
-
Rhea-AI Summary
Carlisle Companies Incorporated (NYSE:CSL) is set to release its fourth quarter 2023 results on February 6, 2024. The company has scheduled a conference call to discuss the results, which can be accessed via webcast or telephone. An audio replay will also be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
earnings
Rhea-AI Summary
Carlisle Companies Incorporated (CSL) CEO Chris Koch named member of Business Roundtable, an association of over 200 CEOs. Business Roundtable works with policymakers to advance economic policies. Koch has been with Carlisle since 2016.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.82%
Tags
none
Carlisle Companies Inc.

NYSE:CSL

CSL Rankings

CSL Stock Data

18.58B
47.18M
0.89%
91.32%
1.38%
Plastics Material and Resin Manufacturing
Manufacturing
Link
US
Scottsdale

About CSL

carlisle companies incorporated is a global diversified company that designs, manufactures and markets a wide range of products that serve a broad range of niche markets including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, foodservice, healthcare and sanitary maintenance. through our group of decentralized operating companies led by entrepreneurial management teams we bring innovative product solutions to solve the challenges facing our customers. our worldwide team of employees, who generated $2.9 billion in net sales in 2013, are focused on continuously improving the value of the carlisle brand by developing the best products, ensuring the highest quality and providing unequaled customer service in the many industries we serve.