Latest news with #CarlisleCompaniesIncorporated
Business Wire
16-05-2025
- Business
- Business Wire
Carlisle Companies Announces Leadership Appointments
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Carlisle Companies Incorporated (NYSE:CSL) today announced the appointment of Christopher B. Gaskill as Vice President & General Counsel for the Company. In conjunction with this appointment, Scott C. Selbach will transition to a new role as Executive Vice President, Government Relations for the Company. Mr. Selbach will also remain Secretary of the Company. Both Mr. Gaskill and Mr. Selbach will report to Chris Koch, Carlisle's Chair, President & Chief Executive Officer. Prior to joining Carlisle, Mr. Gaskill served as Executive Vice President, Chief Legal Officer, and Secretary at Summit Materials, Inc. (NYSE: SUM), where he was responsible for the company's global legal functions and ensuring compliance with corporate governance requirements. Prior to Summit Materials, Mr. Gaskill served as Senior Director and Counsel at The Western Union Company (NYSE: WU), Senior Counsel at Cardinal Health Inc. (NYSE: CAH) and an attorney at Simpson, Thacher & Bartlett LLP. Mr. Gaskill holds a Juris Doctor degree from the University of Virginia School of Law. Mr. Selbach served as Executive Vice President, Secretary & General Counsel of the Company since January 2023 and Vice President, Secretary & General Counsel from May 2018. Over his more than 30 years of employment with Carlisle, Mr. Selbach has also served as Vice President, Corporate Development and Vice President, Europe. Mr. Koch stated, 'I am extremely pleased to announce these leadership appointments. Chris is an experienced leader with a broad range of legal and functional expertise and is a proactive, strategic business partner with a strong track record of providing insightful counsel. Scott is a multi-disciplined executive with deep roots in Carlisle who in his new role will work with legislative bodies and government agencies to promote Carlisle's innovative energy-efficient products. These appointments are further examples of how Carlisle continues to invest in exceptional talent in support of our Vision 2030 objectives.' About Carlisle Companies Incorporated Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials ('CCM') and Carlisle Weatherproofing Technologies ('CWT') – and family of leading brands, Carlisle delivers innovative, labor reducing and environmentally responsible products and solutions to customers through the Carlisle Experience. Carlisle is committed to generating superior shareholder returns and maintaining a balanced capital deployment approach, including investments in our businesses, strategic acquisitions, share repurchases and continued dividend increases. Leveraging its culture of continuous improvement as embodied in the Carlisle Operating System ('COS'), Carlisle has committed to achieving net-zero greenhouse gas emissions by 2050.
Business Wire
15-05-2025
- Business
- Business Wire
Carlisle Companies to Acquire Bonded Logic, an Innovative Manufacturer of Sustainable Insulation Products
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) today announced that it has entered into a definitive agreement to acquire select assets of Bonded Logic, Inc. and Phoenix Fibers, LLC (collectively as 'Bonded Logic'). Bonded Logic is a U.S. manufacturer of sustainable thermal and acoustical insulation products. Founded in 2002 with manufacturing locations in Arizona and Georgia, Bonded Logic is best known for its innovative natural fiber insulation products and groundbreaking manufacturing process that delivers a wide range of insulation densities and thicknesses while delivering ease of installation and sustainability features. The acquisition of Bonded Logic is consistent with Carlisle's Vision 2030 strategy and its strategic pivot to a pure play building products company. The acquisition reinforces Carlisle's emphasis on increased investment in innovation, synergistic M&A, delivering on its sustainability commitments, and bringing to market new building envelope products that deliver energy efficiency and contractor labor-savings. Chris Koch, Chair, President, and Chief Executive Officer, said, 'The Bonded Logic acquisition leverages our proven M&A playbook and expands our offering of building envelope products for more energy efficient buildings. This acquisition enables further development of our innovative Henry® UltraTouch™ Denim Insulation that's made from recycled denim and cotton fibers and represents long-term revenue and margin expansion opportunities for Carlisle as we work towards our Vision 2030 objectives.' The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2025. Forward-Looking Statements This press release contains forward-looking statements, including those with respect to the acquisition of Bonded Logic and the anticipated timing of the closing of the transaction. These statements represent only Carlisle's current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Carlisle's control. Actual results could differ materially from those reflected in this press release for various reasons, including the failure of the parties to meet or waive closing conditions. Carlisle disclaims any obligation to update forward-looking statements except as required by law. About Carlisle Companies Incorporated Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials ('CCM') and Carlisle Weatherproofing Technologies ('CWT') – and family of leading brands, Carlisle delivers innovative, labor reducing and environmentally responsible products and solutions to customers through the Carlisle Experience. Carlisle is committed to generating superior shareholder returns and maintaining a balanced capital deployment approach, including investments in our businesses, strategic acquisitions, share repurchases and continued dividend increases. Leveraging its culture of continuous improvement as embodied in the Carlisle Operating System ('COS'), Carlisle has committed to achieving net-zero greenhouse gas emissions by 2050. Learn more about Carlisle at
Yahoo
07-05-2025
- Business
- Yahoo
Carlisle Companies Incorporated (CSL): A Bull Case Theory
We came across a bullish thesis on Carlisle Companies Incorporated (CSL) on Substack by Max Dividends. In this article, we will summarize the bulls' thesis on CSL. Carlisle Companies Incorporated (CSL)'s share was trading at $379.48 as of April 30th. CSL's trailing and forward P/E were 21.41 and 16.98 respectively according to Yahoo Finance. Lennar Corporation (LEN): Jim Cramer Spots Opportunity – Will Falling Rates Boost Lennar? A construction crew installing roof tiles on a newly built row home. Carlisle Companies (CSL) plays a critical role in the real estate and construction industries, producing essential materials for commercial buildings, with a focus on waterproofing and construction solutions. The company has seen steady growth driven by the increasing demand for commercial construction across the U.S., and with the average commercial property in America now over 53 years old, the need for modernization and efficiency upgrades is expected to drive further growth. Established in 1917 as Carlisle Tire and Rubber Company, the company has weathered economic challenges, including the Great Depression, and has grown through strategic acquisitions and diversification. Over the decades, Carlisle has expanded into various industries such as brake systems, fluid technologies, and, more recently, construction materials, establishing itself as a global player. Carlisle's current focus on sustainable growth and operational efficiency, underpinned by initiatives like the Carlisle Operating System and Vision 2030, positions it well for future success. Despite recent concerns about a potential economic slowdown that could temporarily impact the commercial construction market, Carlisle's long-term growth prospects remain strong. The company has demonstrated resilience through multiple economic cycles, which is reflected in its 48 consecutive years of dividend increases, a testament to its stability and commitment to shareholder returns. Financially, analysts predict Carlisle's earnings will grow at an average rate of 15% annually over the next three to five years, with management targeting a doubling of earnings per share from $20 in 2024 to over $40 by 2030. Given its strong market position and attractive growth outlook, Carlisle's stock, trading at just 15 times estimated 2025 earnings, offers a compelling opportunity for long-term investors. Despite some near-term economic challenges, Carlisle remains a proven dividend performer with solid fundamentals and significant upside potential. Carlisle Companies Incorporated (CSL) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 42 hedge fund portfolios held CSL at the end of the fourth quarter which was 40 in the previous quarter. While we acknowledge the risk and potential of CSL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CSL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
Business Wire
06-05-2025
- Business
- Business Wire
Carlisle Companies Announces May 2025 Events with the Financial Community
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Carlisle Companies Incorporated (NYSE:CSL) today announced participation in the following upcoming events with the financial community in the month of May: Oppenheimer 18 th Annual Industrial Growth Conference Virtual 2025 Truist Securities Industrials & Services Conference Thursday, May 8, 2025 Sofitel Philadelphia at Rittenhouse Square 20 S. 17th St, Philadelphia, PA 19103 The Company's investor presentation to supplement these conferences will be accessible in the Events & Presentation section of the Company's website: Investors – Events and Presentations. Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials ('CCM') and Carlisle Weatherproofing Technologies ('CWT') – and family of leading brands, Carlisle delivers innovative, labor reducing and environmentally responsible products and solutions to customers through the Carlisle Experience. Carlisle is committed to generating superior shareholder returns and maintaining a balanced capital deployment approach, including investments in our businesses, strategic acquisitions, share repurchases and continued dividend increases. Leveraging its culture of continuous improvement as embodied in the Carlisle Operating System ('COS'), Carlisle has committed to achieving net-zero greenhouse gas emissions by 2050.
Yahoo
23-04-2025
- Business
- Yahoo
Does Carlisle Companies Incorporated (CSL) Have a Compelling Valuation?
Madison Investments, an investment advisor, released its 'Madison Mid Cap Fund' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund (Class Y) decreased 4.15% compared to the 3.40% decrease for the Russell Midcap Index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Madison Mid Cap Fund highlighted stocks such as Carlisle Companies Incorporated (NYSE:CSL). Headquartered in Scottsdale, Arizona, Carlisle Companies Incorporated (NYSE:CSL) manufactures and supplies building envelope products and solutions. The one-month return of Carlisle Companies Incorporated (NYSE:CSL) was 2.54%, and its shares lost 5.25% of their value over the last 52 weeks. On April 22, 2025, Carlisle Companies Incorporated (NYSE:CSL) stock closed at $355.60 per share with a market capitalization of $15.7 billion. Madison Mid Cap Fund stated the following regarding Carlisle Companies Incorporated (NYSE:CSL) in its Q1 2025 investor letter: "We added to two stocks during the quarter. Carlisle Companies Incorporated (NYSE:CSL) shares were weak given concerns over residential and non-residential real estate demand given interest rates and economic uncertainty. However, valuation looks compelling given the solid long-term outlook for demand and earnings." A close-up of a technician assembling a complex wiring harness for a building product. Carlisle Companies Incorporated (NYSE:CSL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. Our database shows that 42 hedge fund portfolios held Carlisle Companies Incorporated (NYSE:CSL) at the end of the fourth quarter, compared to 40 in the third quarter. Carlisle Companies Incorporated (NYSE:CSL) reported consolidated revenue of $1.1 billion in the fourth quarter of 2024, which remained flat year-over-year. While we acknowledge the potential of Carlisle Companies Incorporated (NYSE:CSL) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Carlisle Companies Incorporated (NYSE:CSL) and shared the list of worst beaten down stocks to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
