Carlisle Companies Incorporated (NYSE:CSL) Receives $476.00 Average Target Price from Analysts

Carlisle Companies Incorporated (NYSE:CSL) has been given a consensus recommendation of “Moderate Buy” by the five research firms that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $476.00.

A number of research firms have recently commented on CSL. Oppenheimer reaffirmed an “outperform” rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. The Goldman Sachs Group dropped their price target on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Finally, Loop Capital dropped their price target on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research report on Friday, January 10th.

Carlisle Companies Price Performance

Carlisle Companies stock opened at $336.89 on Wednesday. The business’s 50-day simple moving average is $359.46 and its 200 day simple moving average is $403.35. The stock has a market cap of $15.01 billion, a price-to-earnings ratio of 12.19, a P/E/G ratio of 1.03 and a beta of 0.99. Carlisle Companies has a 12-month low of $321.93 and a 12-month high of $481.26. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. During the same quarter in the previous year, the company earned $4.17 EPS. As a group, research analysts anticipate that Carlisle Companies will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio is presently 14.48%.

Insider Activity at Carlisle Companies

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of the business’s stock in a transaction that occurred on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the transaction, the vice president now owns 815 shares of the company’s stock, valued at $285,681.95. The trade was a 15.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $349.24, for a total value of $366,702.00. Following the transaction, the director now directly owns 2,665 shares in the company, valued at $930,724.60. This trade represents a 28.26 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. TD Private Client Wealth LLC boosted its stake in shares of Carlisle Companies by 475.0% during the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate’s stock worth $25,000 after acquiring an additional 57 shares during the period. True Wealth Design LLC boosted its stake in shares of Carlisle Companies by 1,400.0% during the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 70 shares during the period. Quarry LP boosted its stake in shares of Carlisle Companies by 75.0% during the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after acquiring an additional 57 shares during the period. GeoWealth Management LLC boosted its stake in Carlisle Companies by 25.0% in the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate’s stock valued at $53,000 after purchasing an additional 29 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in Carlisle Companies by 95.1% in the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate’s stock valued at $59,000 after purchasing an additional 78 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Company 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.