612 Shares in Carlisle Companies Incorporated (NYSE:CSL) Purchased by SVB Wealth LLC

SVB Wealth LLC acquired a new position in shares of Carlisle Companies Incorporated (NYSE:CSL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 612 shares of the conglomerate’s stock, valued at approximately $226,000.

Several other large investors have also made changes to their positions in CSL. Capital Performance Advisors LLP acquired a new position in shares of Carlisle Companies during the 3rd quarter worth about $25,000. True Wealth Design LLC raised its holdings in Carlisle Companies by 1,400.0% in the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 70 shares in the last quarter. Quarry LP raised its holdings in Carlisle Companies by 75.0% in the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock valued at $60,000 after acquiring an additional 57 shares in the last quarter. UMB Bank n.a. raised its holdings in Carlisle Companies by 55.4% in the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock valued at $69,000 after acquiring an additional 67 shares in the last quarter. Finally, Covestor Ltd raised its holdings in Carlisle Companies by 19.3% in the 3rd quarter. Covestor Ltd now owns 198 shares of the conglomerate’s stock valued at $89,000 after acquiring an additional 32 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on CSL shares. Loop Capital cut their price target on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a report on Friday, January 10th. The Goldman Sachs Group cut their price target on 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 started coverage on Carlisle Companies in a report on Thursday, November 14th. They issued a “hold” rating and a $460.00 price target for the company. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Carlisle Companies currently has an average rating of “Moderate Buy” and an average target price of $476.00.

Insider Activity

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

Carlisle Companies Trading Up 3.2 %

CSL stock opened at $337.19 on Thursday. Carlisle Companies Incorporated has a 1-year low of $321.93 and a 1-year high of $481.26. The firm has a market cap of $15.02 billion, a P/E ratio of 12.20, a P/E/G ratio of 1.03 and a beta of 0.99. The business’s 50 day moving average is $367.58 and its 200-day moving average is $409.89. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating the consensus estimate 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 period last year, the company posted $4.17 EPS. Equities analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $1.00 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.19%. Carlisle Companies’s dividend payout ratio is currently 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.