Carlisle Companies Incorporated (NYSE:CSL) Shares Acquired by Commerce Bank

Commerce Bank raised its position in shares of Carlisle Companies Incorporated (NYSE:CSLFree Report) by 1.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,457 shares of the conglomerate’s stock after purchasing an additional 34 shares during the period. Commerce Bank’s holdings in Carlisle Companies were worth $768,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Morgan Stanley grew its holdings in Carlisle Companies by 3.6% in the 3rd quarter. Morgan Stanley now owns 2,578,221 shares of the conglomerate’s stock worth $668,430,000 after buying an additional 90,597 shares in the last quarter. FMR LLC boosted its position in Carlisle Companies by 1.5% during the 3rd quarter. FMR LLC now owns 829,655 shares of the conglomerate’s stock worth $215,096,000 after acquiring an additional 12,552 shares during the period. Norges Bank bought a new position in shares of Carlisle Companies in the fourth quarter worth $159,187,000. Pacer Advisors Inc. increased its holdings in shares of Carlisle Companies by 5,351.1% during the fourth 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 during the period. Finally, Truist Financial Corp raised its stake in shares of Carlisle Companies by 2.6% during the fourth quarter. Truist Financial Corp now owns 321,222 shares of the conglomerate’s stock valued at $100,359,000 after purchasing an additional 8,195 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. Oppenheimer increased their price objective on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Loop Capital boosted their target price on Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a report on Monday, April 1st. The Goldman Sachs Group assumed coverage on shares of Carlisle Companies in a report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 price target for the company. Finally, Robert W. Baird increased their price objective on Carlisle Companies from $435.00 to $465.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. One 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $416.00.

Check Out Our Latest Stock Report on CSL

Insider Buying and Selling

In other Carlisle Companies news, CAO Stephen Aldrich sold 1,095 shares of the firm’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $397.50, for a total value of $435,262.50. Following the sale, the chief accounting officer now directly owns 1,624 shares in the company, valued at approximately $645,540. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Carlisle Companies news, CAO Stephen Aldrich sold 1,095 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $397.50, for a total value of $435,262.50. Following the completion of the transaction, the chief accounting officer now owns 1,624 shares of the company’s stock, valued at approximately $645,540. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO D Christian Koch sold 54,927 shares of Carlisle Companies stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $420.06, for a total value of $23,072,635.62. Following the sale, the chief executive officer now directly owns 86,652 shares in the company, valued at approximately $36,399,039.12. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 58,059 shares of company stock valued at $24,334,065. 1.50% of the stock is owned by company insiders.

Carlisle Companies Trading Down 1.6 %

NYSE:CSL opened at $414.59 on Thursday. The company has a quick ratio of 2.61, a current ratio of 2.95 and a debt-to-equity ratio of 0.66. The company’s 50 day moving average is $397.46 and its 200-day moving average is $345.72. The firm has a market cap of $19.73 billion, a price-to-earnings ratio of 24.03, a P/E/G ratio of 1.43 and a beta of 0.90. Carlisle Companies Incorporated has a 12 month low of $210.89 and a 12 month high of $430.21.

Carlisle Companies (NYSE:CSLGet Free Report) last released its earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.74 by $0.98. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.41%. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $993.06 million. Equities analysts anticipate that Carlisle Companies Incorporated will post 19.92 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Monday, May 20th will be issued a dividend of $0.85 per share. The ex-dividend date of this dividend is Friday, May 17th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.82%. Carlisle Companies’s dividend payout ratio (DPR) is presently 19.71%.

Carlisle Companies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Carlisle Companies (NYSE:CSL)

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