GAMMA Investing LLC Boosts Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

GAMMA Investing LLC grew its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 3.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,325 shares of the conglomerate’s stock after buying an additional 38 shares during the quarter. GAMMA Investing LLC’s holdings in Carlisle Companies were worth $489,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Capital Performance Advisors LLP purchased a new position in Carlisle Companies in the 3rd quarter worth approximately $25,000. ORG Wealth Partners LLC bought a new position in shares of Carlisle Companies in the third quarter worth approximately $32,000. True Wealth Design LLC grew its holdings in shares of Carlisle Companies by 1,400.0% in the third quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 70 shares during the last quarter. UMB Bank n.a. increased its stake in shares of Carlisle Companies by 317.2% in the third quarter. UMB Bank n.a. now owns 121 shares of the conglomerate’s stock worth $54,000 after buying an additional 92 shares during the period. Finally, Quarry LP raised its holdings in Carlisle Companies by 75.0% during the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock valued at $60,000 after buying an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Carlisle Companies Price Performance

Shares of NYSE CSL opened at $371.13 on Monday. Carlisle Companies Incorporated has a 1 year low of $297.25 and a 1 year high of $481.26. The stock has a market capitalization of $16.82 billion, a P/E ratio of 13.13, a P/E/G ratio of 1.41 and a beta of 0.92. The company’s 50-day moving average is $422.03 and its 200 day moving average is $422.93. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.29.

Carlisle Companies (NYSE:CSL) last announced its earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.82 by ($0.04). Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the prior year, the company posted $4.68 EPS. The firm’s revenue was up 5.9% on a year-over-year basis. On average, sell-side analysts expect that Carlisle Companies Incorporated will post 20.25 earnings per share for the current year.

Carlisle Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend was Friday, November 15th. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.15%.

Insider Transactions at Carlisle Companies

In related news, VP David W. Smith sold 275 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $443.41, for a total value of $121,937.75. Following the sale, the vice president now owns 2,834 shares in the company, valued at $1,256,623.94. This represents a 8.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CSL shares. Oppenheimer restated an “outperform” rating and issued a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Truist Financial started coverage on Carlisle Companies in a report on Thursday, November 14th. They set a “hold” rating and a $460.00 price target on the stock. Finally, Robert W. Baird lowered their price target on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Carlisle Companies presently has a consensus rating of “Moderate Buy” and a consensus target price of $470.00.

Carlisle Companies Profile

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.