Carlisle Companies Incorporated (NYSE:CSL) Position Increased by National Bank of Canada FI

National Bank of Canada FI increased its position in Carlisle Companies Incorporated (NYSE:CSL) by 37.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,455 shares of the conglomerate’s stock after purchasing an additional 663 shares during the period. National Bank of Canada FI’s holdings in Carlisle Companies were worth $906,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kovitz Investment Group Partners LLC lifted its position in Carlisle Companies by 19.9% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 3,937 shares of the conglomerate’s stock worth $1,646,000 after buying an additional 653 shares in the last quarter. MML Investors Services LLC grew its position in Carlisle Companies by 17.1% in the 3rd quarter. MML Investors Services LLC now owns 2,605 shares of the conglomerate’s stock worth $1,171,000 after purchasing an additional 381 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its position in shares of Carlisle Companies by 11.7% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 21,326 shares of the conglomerate’s stock valued at $9,591,000 after acquiring an additional 2,231 shares in the last quarter. Barclays PLC lifted its holdings in Carlisle Companies by 31.3% during the 3rd 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 last quarter. Finally, M&T Bank Corp raised its stake in shares of Carlisle Companies by 1.3% in the third quarter. M&T Bank Corp now owns 4,263 shares of the conglomerate’s stock worth $1,917,000 after acquiring an additional 54 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analysts Set New Price Targets

CSL has been the subject of a number of analyst reports. Loop Capital decreased their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a report on Friday, January 10th. Oppenheimer restated an “outperform” rating and issued a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Finally, The Goldman Sachs Group reduced their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Carlisle Companies has a consensus rating of “Moderate Buy” and a consensus price target of $476.00.

Insider Activity at Carlisle Companies

In related news, Director Jonathan R. Collins sold 1,050 shares of the firm’s stock in a transaction 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 completion of 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 SEC, which is available through this link. Also, VP Mehul Patel sold 150 shares of the firm’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 transaction, the vice president now directly owns 815 shares of the company’s stock, valued at $285,681.95. This represents a 15.54 % decrease in their position. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by insiders.

Carlisle Companies Stock Performance

NYSE CSL opened at $342.64 on Thursday. Carlisle Companies Incorporated has a 1 year low of $311.41 and a 1 year high of $481.26. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. The firm has a market cap of $15.13 billion, a price-to-earnings ratio of 12.40, a PEG ratio of 1.03 and a beta of 0.94. The company has a fifty day moving average price of $342.35 and a 200-day moving average price of $395.50.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results 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 net margin of 26.22% and a return on equity of 34.37%. During the same quarter last year, the company earned $4.17 earnings per share. As a group, equities research analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend was Tuesday, February 18th. 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.