Gryphon Financial Partners LLC Has $404,000 Stake in Carlisle Companies Incorporated (NYSE:CSL)

Gryphon Financial Partners LLC lowered its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 7.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,095 shares of the conglomerate’s stock after selling 94 shares during the quarter. Gryphon Financial Partners LLC’s holdings in Carlisle Companies were worth $404,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Capital Performance Advisors LLP acquired a new position in shares of Carlisle Companies during the third quarter valued at about $25,000. True Wealth Design LLC boosted its stake in Carlisle Companies by 1,400.0% during the 3rd 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 last quarter. Quarry LP increased its holdings in Carlisle Companies by 75.0% during the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after purchasing an additional 57 shares in the last quarter. UMB Bank n.a. raised its stake 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 worth $69,000 after purchasing an additional 67 shares during the last quarter. Finally, Covestor Ltd lifted 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 in the last quarter. Institutional investors own 89.52% of the company’s stock.

Insider Transactions at Carlisle Companies

In related news, VP Mehul Patel sold 150 shares of the company’s stock in a transaction that occurred on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total transaction of $52,579.50. Following the sale, the vice president now owns 815 shares of the company’s stock, valued at approximately $285,681.95. This represents a 15.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the 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 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. Corporate insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on CSL shares. Loop Capital lowered their price target on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a research report on Friday, January 10th. The Goldman Sachs Group dropped their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Oppenheimer reaffirmed an “outperform” rating and issued a $495.00 price objective (down from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Finally, Truist Financial began coverage on shares of Carlisle Companies in a research report on Thursday, November 14th. They set a “hold” rating and a $460.00 target price on the stock. Two equities research 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, the company has an average rating of “Moderate Buy” and an average price target of $476.00.

Carlisle Companies Stock Performance

Shares of CSL stock opened at $332.65 on Tuesday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The firm has a market cap of $14.82 billion, a price-to-earnings ratio of 12.04, a P/E/G ratio of 1.03 and a beta of 0.96. Carlisle Companies Incorporated has a 52 week low of $330.65 and a 52 week high of $481.26. The firm’s 50-day simple moving average is $369.36 and its two-hundred day simple moving average is $410.94.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the firm posted $4.17 EPS. As a group, equities analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio (DPR) is currently 14.48%.

About Carlisle Companies

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.