Impact Partnership Wealth LLC Buys 156 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Impact Partnership Wealth LLC boosted its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 19.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 967 shares of the conglomerate’s stock after buying an additional 156 shares during the quarter. Impact Partnership Wealth LLC’s holdings in Carlisle Companies were worth $357,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Driehaus Capital Management LLC raised its position in Carlisle Companies by 44.6% during the 2nd quarter. Driehaus Capital Management LLC now owns 56,689 shares of the conglomerate’s stock valued at $22,971,000 after purchasing an additional 17,472 shares in the last quarter. KBC Group NV boosted its stake in shares of Carlisle Companies by 34.9% during the third quarter. KBC Group NV now owns 10,646 shares of the conglomerate’s stock valued at $4,788,000 after purchasing an additional 2,752 shares in the last quarter. Pensionfund Sabic purchased a new position in Carlisle Companies during the fourth quarter valued at approximately $1,291,000. Geode Capital Management LLC raised its stake in Carlisle Companies by 13.3% in the third quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock worth $391,827,000 after buying an additional 102,436 shares in the last quarter. Finally, Quest Partners LLC lifted its holdings in Carlisle Companies by 624.8% during the third quarter. Quest Partners LLC now owns 4,646 shares of the conglomerate’s stock worth $2,090,000 after buying an additional 4,005 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Stock Performance

Shares of CSL opened at $403.03 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. The stock has a 50-day moving average of $406.70 and a two-hundred day moving average of $420.28. The stock has a market cap of $18.27 billion, a P/E ratio of 14.26, a P/E/G ratio of 1.19 and a beta of 0.96. Carlisle Companies Incorporated has a one year low of $302.44 and a one year high of $481.26.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing analysts’ consensus estimates of $5.82 by ($0.04). Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the prior year, the company earned $4.68 EPS. Carlisle Companies’s quarterly revenue was up 5.9% on a year-over-year basis. As a group, research analysts predict that Carlisle Companies Incorporated will post 20.23 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, November 15th were issued a dividend of $1.00 per share. The ex-dividend date was Friday, November 15th. This represents a $4.00 annualized dividend and a dividend yield of 0.99%. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.15%.

Insider Activity at Carlisle Companies

In other news, VP David W. Smith sold 275 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $443.41, for a total value of $121,937.75. Following the sale, the vice president now owns 2,834 shares in the company, valued at $1,256,623.94. This represents a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently commented on CSL. Oppenheimer reissued an “outperform” rating and issued a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Robert W. Baird decreased their price target on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Loop Capital cut their price objective on shares of 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 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 for the company. Finally, The Goldman Sachs Group reduced 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. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Carlisle Companies has an average rating of “Moderate Buy” and a consensus price target of $476.00.

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.