Tilia Fiduciary Partners Inc. Boosts Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Tilia Fiduciary Partners Inc. lifted its stake in Carlisle Companies Incorporated (NYSE:CSL) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,211 shares of the conglomerate’s stock after purchasing an additional 254 shares during the period. Carlisle Companies comprises about 1.8% of Tilia Fiduciary Partners Inc.’s holdings, making the stock its 16th largest holding. Tilia Fiduciary Partners Inc.’s holdings in Carlisle Companies were worth $2,660,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Driehaus Capital Management LLC boosted its stake in shares of Carlisle Companies by 44.6% in the 2nd quarter. Driehaus Capital Management LLC now owns 56,689 shares of the conglomerate’s stock valued at $22,971,000 after buying an additional 17,472 shares during the period. KBC Group NV raised its holdings in Carlisle Companies by 34.9% in the third quarter. KBC Group NV now owns 10,646 shares of the conglomerate’s stock valued at $4,788,000 after acquiring an additional 2,752 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Carlisle Companies by 13.3% during the third quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock worth $391,827,000 after purchasing an additional 102,436 shares in the last quarter. Quest Partners LLC increased its holdings in Carlisle Companies by 624.8% in the third quarter. Quest Partners LLC now owns 4,646 shares of the conglomerate’s stock valued at $2,090,000 after buying an additional 4,005 shares during the last quarter. Finally, Meridian Wealth Management LLC acquired a new stake in Carlisle Companies in the third quarter valued at $631,000. 89.52% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP David W. Smith sold 275 shares of Carlisle Companies stock in a transaction dated Thursday, November 21st. The shares were 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CSL. Truist Financial began coverage on Carlisle Companies in a research report on Thursday, November 14th. They set a “hold” rating and a $460.00 price objective for the company. Oppenheimer reaffirmed an “outperform” rating and issued a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. 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 report on Friday. Finally, Robert W. Baird reduced their price objective 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. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Carlisle Companies currently has a consensus rating of “Moderate Buy” and a consensus price target of $474.00.

Carlisle Companies Stock Performance

Shares of CSL traded down $3.35 during mid-day trading on Friday, reaching $369.44. 324,080 shares of the company’s stock were exchanged, compared to its average volume of 283,959. The business’s fifty day simple moving average is $417.96 and its 200-day simple moving average is $421.53. Carlisle Companies Incorporated has a 52-week low of $297.25 and a 52-week high of $481.26. The stock has a market capitalization of $16.75 billion, a PE ratio of 13.07, a price-to-earnings-growth ratio of 1.41 and a beta of 0.96. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.29.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data 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 business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the prior year, the firm posted $4.68 earnings per share. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. On average, equities research analysts expect that Carlisle Companies Incorporated will post 20.25 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, November 15th were paid a $1.00 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $4.00 annualized dividend and a dividend yield of 1.08%. Carlisle Companies’s dividend payout ratio (DPR) is currently 14.15%.

Carlisle Companies Company 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.