Carlisle Companies Incorporated (NYSE:CSL) Shares Acquired by Stephens Inc. AR

Stephens Inc. AR grew its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 8.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,039 shares of the conglomerate’s stock after buying an additional 78 shares during the period. Stephens Inc. AR’s holdings in Carlisle Companies were worth $383,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP acquired a new stake in shares of Carlisle Companies in the third quarter valued at about $25,000. 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 valued at $34,000 after purchasing an additional 70 shares during the period. Quarry LP grew its holdings in shares of Carlisle Companies by 75.0% in the third quarter. Quarry LP now owns 133 shares of the conglomerate’s stock valued at $60,000 after purchasing an additional 57 shares during the period. UMB Bank n.a. grew its holdings in shares of Carlisle Companies by 55.4% in the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock valued at $69,000 after purchasing an additional 67 shares during the period. Finally, Covestor Ltd grew its holdings in shares of Carlisle Companies by 19.3% in the third quarter. Covestor Ltd now owns 198 shares of the conglomerate’s stock valued at $89,000 after purchasing an additional 32 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CSL. Oppenheimer reissued an “outperform” rating and issued a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. The Goldman Sachs Group dropped their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Truist Financial began coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They issued a “hold” rating and a $460.00 price objective for the company. Robert W. Baird lowered their target price on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Finally, Loop Capital lowered their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a research note on Friday, January 10th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $476.00.

Insider Activity

In related news, Director Jonathan R. Collins sold 1,050 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $349.24, for a total value of $366,702.00. Following the sale, the director now owns 2,665 shares of the company’s stock, valued at $930,724.60. This trade represents a 28.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP David W. Smith sold 275 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $443.41, for a total transaction of $121,937.75. Following the completion of the sale, the vice president now directly owns 2,834 shares in the company, valued at approximately $1,256,623.94. This trade represents a 8.85 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,475 shares of company stock valued at $541,219. 1.50% of the stock is currently owned by company insiders.

Carlisle Companies Trading Down 0.8 %

Shares of CSL stock opened at $357.83 on Friday. The company has a 50-day moving average of $383.46 and a two-hundred day moving average of $414.74. 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 Incorporated has a 1-year low of $339.10 and a 1-year high of $481.26. The firm has a market cap of $16.22 billion, a PE ratio of 12.95, a price-to-earnings-growth ratio of 1.04 and a beta of 0.96.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, beating the consensus estimate of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 33.14%. During the same period last year, the business earned $4.17 earnings per share. On average, analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend is Tuesday, February 18th. Carlisle Companies’s payout ratio is 14.48%.

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.