Tilia Fiduciary Partners Inc. Has $3.13 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Tilia Fiduciary Partners Inc. boosted its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 4.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,957 shares of the conglomerate’s stock after acquiring an additional 273 shares during the quarter. Carlisle Companies accounts for approximately 2.2% of Tilia Fiduciary Partners Inc.’s holdings, making the stock its 8th largest position. Tilia Fiduciary Partners Inc.’s holdings in Carlisle Companies were worth $3,129,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in CSL. Strategic Wealth Partners Ltd. purchased a new stake in shares of Carlisle Companies during the third quarter valued at $428,000. Chesley Taft & Associates LLC grew its stake in shares of Carlisle Companies by 2.1% during the 3rd quarter. Chesley Taft & Associates LLC now owns 4,701 shares of the conglomerate’s stock valued at $2,114,000 after purchasing an additional 95 shares during the period. GAMMA Investing LLC grew its position in Carlisle Companies by 33.4% during the third quarter. GAMMA Investing LLC now owns 1,287 shares of the conglomerate’s stock valued at $579,000 after buying an additional 322 shares during the period. Handelsbanken Fonder AB grew its position in shares of Carlisle Companies by 36.8% during the 3rd quarter. Handelsbanken Fonder AB now owns 130,209 shares of the conglomerate’s stock valued at $58,561,000 after acquiring an additional 35,000 shares during the period. Finally, Massmutual Trust Co. FSB ADV increased its position in Carlisle Companies by 541.3% in the third quarter. Massmutual Trust Co. FSB ADV now owns 2,033 shares of the conglomerate’s stock worth $914,000 after buying an additional 1,716 shares in the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on CSL. Robert W. Baird lifted their price target on shares of Carlisle Companies from $465.00 to $500.00 and gave the company an “outperform” rating in a report on Monday, July 15th. StockNews.com cut Carlisle Companies from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th. Finally, Oppenheimer reissued an “outperform” rating and issued a $480.00 target price (up previously from $475.00) on shares of Carlisle Companies in a report on Wednesday, September 4th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $468.75.

Insider Transactions at Carlisle Companies

In related news, CFO Kevin P. Zdimal sold 21,470 shares of the stock in a transaction on 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 sale, the chief financial officer now owns 35,641 shares in the company, valued at approximately $15,157,760.89. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Carlisle Companies news, CFO Kevin P. Zdimal sold 21,470 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief financial officer now owns 35,641 shares of the company’s stock, valued at $15,157,760.89. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David W. Smith sold 600 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $425.56, for a total value of $255,336.00. Following the transaction, the vice president now directly owns 2,834 shares in the company, valued at approximately $1,206,037.04. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Carlisle Companies Price Performance

Shares of CSL stock traded up $4.53 on Wednesday, reaching $464.99. The company’s stock had a trading volume of 47,055 shares, compared to its average volume of 326,409. The stock’s fifty day simple moving average is $416.51 and its 200-day simple moving average is $409.93. Carlisle Companies Incorporated has a 1 year low of $235.79 and a 1 year high of $471.49. The company has a market capitalization of $22.13 billion, a price-to-earnings ratio of 26.68, a price-to-earnings-growth ratio of 1.43 and a beta of 0.91. The company has a current ratio of 2.89, a quick ratio of 2.50 and a debt-to-equity ratio of 0.63.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Wednesday, July 24th. The conglomerate reported $6.24 earnings per share for the quarter, topping analysts’ consensus estimates of $5.84 by $0.40. Carlisle Companies had a net margin of 27.88% and a return on equity of 31.65%. The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the previous year, the firm posted $5.18 EPS. The business’s quarterly revenue was up 11.0% on a year-over-year basis. Analysts forecast that Carlisle Companies Incorporated will post 20.57 earnings per share for the current fiscal year.

Carlisle Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Tuesday, August 20th were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 0.86%. This is a positive change from Carlisle Companies’s previous quarterly dividend of $0.85. The ex-dividend date 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.