Dark Forest Capital Management LP Buys Shares of 708 Carlisle Companies Incorporated (NYSE:CSL)

Dark Forest Capital Management LP bought a new stake in Carlisle Companies Incorporated (NYSE:CSL) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 708 shares of the conglomerate’s stock, valued at approximately $261,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CSL. Barclays PLC raised its position in Carlisle Companies by 31.3% in the third quarter. Barclays PLC now owns 60,920 shares of the conglomerate’s stock valued at $27,399,000 after purchasing an additional 14,526 shares during the period. Advisory Resource Group increased its position in shares of Carlisle Companies by 3.6% during the third quarter. Advisory Resource Group now owns 10,590 shares of the conglomerate’s stock worth $4,763,000 after acquiring an additional 366 shares during the period. Wilmington Savings Fund Society FSB increased its position in shares of Carlisle Companies by 0.8% during the third quarter. Wilmington Savings Fund Society FSB now owns 7,028 shares of the conglomerate’s stock worth $3,161,000 after acquiring an additional 59 shares during the period. Tidal Investments LLC increased its position in shares of Carlisle Companies by 23.9% during the third quarter. Tidal Investments LLC now owns 7,137 shares of the conglomerate’s stock worth $3,210,000 after acquiring an additional 1,379 shares during the period. Finally, Franklin Resources Inc. increased its position in shares of Carlisle Companies by 1.4% during the third quarter. Franklin Resources Inc. now owns 1,177,014 shares of the conglomerate’s stock worth $566,061,000 after acquiring an additional 16,303 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on CSL. Loop Capital cut their price objective 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. Truist Financial cut their price objective on Carlisle Companies from $420.00 to $390.00 and set a “hold” rating on the stock in a research report on Thursday, April 24th. StockNews.com lowered Carlisle Companies from a “hold” rating to a “sell” rating in a report on Monday. The Goldman Sachs Group dropped their target price on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Finally, Robert W. Baird increased their target price on Carlisle Companies from $455.00 to $460.00 and gave the company an “outperform” rating in a report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $454.00.

Carlisle Companies Stock Performance

NYSE CSL opened at $376.84 on Tuesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. Carlisle Companies Incorporated has a 1 year low of $311.41 and a 1 year high of $481.26. The company has a market capitalization of $16.64 billion, a PE ratio of 13.64, a P/E/G ratio of 1.03 and a beta of 0.94. The company has a fifty day moving average of $342.27 and a two-hundred day moving average of $386.45.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.53 by $0.08. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the firm posted $3.72 earnings per share. Carlisle Companies’s revenue for the quarter was down .1% on a year-over-year basis. As a group, analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Insider Buying and Selling at Carlisle Companies

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

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.