Private Trust Co. NA Has $100,000 Stake in Carlisle Companies Incorporated (NYSE:CSL)

Private Trust Co. NA boosted its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 291.2% during the third quarter, Holdings Channel reports. The institutional investor owned 223 shares of the conglomerate’s stock after acquiring an additional 166 shares during the quarter. Private Trust Co. NA’s holdings in Carlisle Companies were worth $100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of CSL. Price T Rowe Associates Inc. MD boosted its position in shares of Carlisle Companies by 3.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 44,381 shares of the conglomerate’s stock valued at $17,391,000 after acquiring an additional 1,429 shares in the last quarter. Tidal Investments LLC grew its stake in shares of Carlisle Companies by 51.1% in the 1st quarter. Tidal Investments LLC now owns 2,790 shares of the conglomerate’s stock valued at $1,093,000 after purchasing an additional 944 shares during the period. Cetera Investment Advisers raised its holdings in shares of Carlisle Companies by 188.0% in the 1st quarter. Cetera Investment Advisers now owns 8,255 shares of the conglomerate’s stock worth $3,235,000 after buying an additional 5,389 shares in the last quarter. Cetera Advisors LLC bought a new position in shares of Carlisle Companies during the 1st quarter worth approximately $811,000. Finally, Massmutual Trust Co. FSB ADV boosted its stake in Carlisle Companies by 43.4% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 317 shares of the conglomerate’s stock valued at $128,000 after buying an additional 96 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Wall Street Analyst Weigh In

CSL has been the subject of a number of analyst reports. Truist Financial initiated coverage on Carlisle Companies in a report on Thursday, November 14th. They set a “hold” rating and a $460.00 price objective for the company. Robert W. Baird reduced their price target on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. StockNews.com lowered shares of Carlisle Companies from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th. Finally, Oppenheimer boosted their target price on Carlisle Companies from $480.00 to $505.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $472.00.

Insider Activity at Carlisle Companies

In related news, VP David W. Smith sold 275 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $443.41, for a total transaction of $121,937.75. Following the completion of the sale, the vice president now directly owns 2,834 shares of the company’s stock, valued at $1,256,623.94. The trade was a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.50% of the stock is owned by company insiders.

Carlisle Companies Trading Down 0.0 %

CSL opened at $457.58 on Friday. Carlisle Companies Incorporated has a 1-year low of $272.20 and a 1-year high of $481.26. The firm has a 50-day moving average price of $449.13 and a two-hundred day moving average price of $425.19. The stock has a market capitalization of $20.74 billion, a PE ratio of 16.22, a PEG ratio of 1.51 and a beta of 0.91. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share 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 company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same period in the prior year, the business earned $4.68 EPS. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. As a group, equities analysts anticipate that Carlisle Companies Incorporated will post 20.25 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Friday, November 15th. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.15%.

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.