Allworth Financial LP Has $27,000 Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Allworth Financial LP boosted its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 88.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 85 shares of the conglomerate’s stock after buying an additional 40 shares during the period. Allworth Financial LP’s holdings in Carlisle Companies were worth $27,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of CSL. Coppell Advisory Solutions Corp. bought a new stake in shares of Carlisle Companies during the fourth quarter worth $29,000. Artemis Wealth Advisors LLC bought a new stake in shares of Carlisle Companies in the second quarter valued at about $42,000. Signaturefd LLC boosted its position in shares of Carlisle Companies by 28.9% during the third quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock worth $51,000 after buying an additional 44 shares during the period. RVW Wealth LLC acquired a new position in shares of Carlisle Companies during the third quarter worth about $52,000. Finally, Mendota Financial Group LLC bought a new position in shares of Carlisle Companies during the fourth quarter worth about $53,000. Institutional investors own 89.52% of the company’s stock.

Insider Activity

In related news, insider Lori A. Snyder sold 8,101 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the transaction, the insider now directly owns 5,212 shares of the company’s stock, valued at approximately $1,770,203.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Lori A. Snyder sold 8,101 shares of the company’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $339.64, for a total value of $2,751,423.64. Following the transaction, the insider now owns 5,212 shares in the company, valued at approximately $1,770,203.68. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP David W. Smith sold 700 shares of the stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $338.54, for a total transaction of $236,978.00. Following the completion of the transaction, the vice president now directly owns 2,834 shares in the company, valued at $959,422.36. The disclosure for this sale can be found here. Insiders sold a total of 15,255 shares of company stock valued at $5,231,360 over the last three months. Insiders own 1.50% of the company’s stock.

Carlisle Companies Price Performance

Shares of CSL opened at $373.14 on Monday. The company has a current ratio of 2.87, a quick ratio of 2.57 and a debt-to-equity ratio of 0.67. The company’s fifty day simple moving average is $364.52 and its 200 day simple moving average is $312.68. Carlisle Companies Incorporated has a 1-year low of $205.10 and a 1-year high of $403.44. The company has a market cap of $17.84 billion, a price-to-earnings ratio of 24.48, a PEG ratio of 1.33 and a beta of 0.93.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Tuesday, February 6th. The conglomerate reported $4.17 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.70. Carlisle Companies had a net margin of 15.07% and a return on equity of 28.31%. The company had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the previous year, the business earned $3.92 EPS. Carlisle Companies’s revenue for the quarter was down 1.9% compared to the same quarter last year. On average, research analysts forecast that Carlisle Companies Incorporated will post 18.7 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were paid a $0.85 dividend. The ex-dividend date was Thursday, February 15th. This represents a $3.40 annualized dividend and a yield of 0.91%. Carlisle Companies’s dividend payout ratio is 22.31%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on CSL shares. Robert W. Baird boosted their target price on Carlisle Companies from $400.00 to $435.00 and gave the company an “outperform” rating in a research note on Tuesday, April 9th. Oppenheimer boosted their price objective on shares of Carlisle Companies from $355.00 to $405.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 20th. StockNews.com raised shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. The Goldman Sachs Group initiated coverage on shares of Carlisle Companies in a research report on Wednesday, April 3rd. They set a “buy” rating and a $455.00 price target on the stock. Finally, Loop Capital increased their price objective on shares of Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $389.17.

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.