Vertical Research Initiates Carlisle (CSL) Coverage with Hold Rating and $356 Price Target

Core Insights - Carlisle Companies Incorporated (NYSE:CSL) is recognized as one of the 13 most undervalued dividend stocks according to Wall Street analysts [1] - Vertical Research initiated coverage of Carlisle with a Hold rating and a price target of $356 [2] Financial Performance - The company reported strong earnings, generating $620 million in free cash flow during the first nine months of the year, and expects to achieve approximately $1 billion in operating cash flow for the full year [3] - Carlisle's management reaffirmed its Vision 2030 goals, targeting $40 in adjusted EPS and maintaining a return on invested capital (ROIC) of 25% or higher, which is projected to yield over $6 billion in cumulative free cash flow through 2030 [3] Dividend Information - Carlisle has increased its dividends for 49 consecutive years, currently paying a quarterly dividend of $1.10 per share, resulting in a dividend yield of 1.82% as of October 29 [4]