International Assets Investment Management LLC Takes Position in Carlisle Companies Incorporated (NYSE:CSL)

International Assets Investment Management LLC acquired a new position in shares of Carlisle Companies Incorporated (NYSE:CSL) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 15,309 shares of the conglomerate’s stock, valued at approximately $47,830,000.

Several other institutional investors have also recently modified their holdings of CSL. Banco Santander S.A. purchased a new position in Carlisle Companies during the third quarter worth $341,000. Exchange Traded Concepts LLC acquired a new position in Carlisle Companies in the 4th quarter valued at about $1,093,000. Pacer Advisors Inc. lifted its holdings in Carlisle Companies by 5,351.1% in the 4th quarter. Pacer Advisors Inc. now owns 421,422 shares of the conglomerate’s stock valued at $131,665,000 after purchasing an additional 413,691 shares in the last quarter. Pathstone Family Office LLC boosted its stake in shares of Carlisle Companies by 63.6% during the 3rd quarter. Pathstone Family Office LLC now owns 3,152 shares of the conglomerate’s stock worth $817,000 after purchasing an additional 1,225 shares during the last quarter. Finally, New England Professional Planning Group Inc. purchased a new stake in shares of Carlisle Companies during the fourth quarter worth about $204,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CSL has been the topic of several recent analyst reports. Oppenheimer upped their price objective on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. StockNews.com raised Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Robert W. Baird upped their target price on Carlisle Companies from $435.00 to $465.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Loop Capital increased their target price on Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. Finally, The Goldman Sachs Group initiated coverage on Carlisle Companies in a report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 price target for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $416.00.

Carlisle Companies Trading Up 0.9 %

Shares of CSL opened at $398.54 on Friday. Carlisle Companies Incorporated has a twelve month low of $205.10 and a twelve month high of $415.00. The firm has a market capitalization of $19.08 billion, a P/E ratio of 23.10, a price-to-earnings-growth ratio of 1.32 and a beta of 0.90. The company has a current ratio of 2.95, a quick ratio of 2.57 and a debt-to-equity ratio of 0.66. The stock’s fifty day simple moving average is $375.38 and its 200 day simple moving average is $323.74.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Thursday, April 25th. The conglomerate reported $3.72 EPS for the quarter, topping analysts’ consensus estimates of $2.74 by $0.98. Carlisle Companies had a return on equity of 30.41% and a net margin of 17.13%. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $993.06 million. On average, equities research analysts forecast that Carlisle Companies Incorporated will post 19.51 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Monday, May 20th will be given a dividend of $0.85 per share. The ex-dividend date is Friday, May 17th. This represents a $3.40 dividend on an annualized basis and a yield of 0.85%. Carlisle Companies’s dividend payout ratio (DPR) is 19.71%.

Insiders Place Their Bets

In other news, insider Lori A. Snyder sold 8,101 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at approximately $1,770,203.68. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Carlisle Companies news, VP David W. Smith sold 700 shares of the business’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $338.54, for a total transaction of $236,978.00. Following the transaction, the vice president now owns 2,834 shares in the company, valued at $959,422.36. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Lori A. Snyder sold 8,101 shares of the company’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $339.64, for a total value of $2,751,423.64. Following the completion of the sale, the insider now directly owns 5,212 shares of the company’s stock, valued at approximately $1,770,203.68. The disclosure for this sale can be found here. Insiders sold a total of 15,255 shares of company stock worth $5,231,360 over the last ninety days. 1.50% of the stock is owned by company insiders.

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.