Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by US Bancorp DE

US Bancorp DE lifted its stake in shares of Carlisle Companies Incorporated (NYSE:CSLFree Report) by 6.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,651 shares of the conglomerate’s stock after buying an additional 780 shares during the quarter. US Bancorp DE’s holdings in Carlisle Companies were worth $3,953,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Allworth Financial LP grew its position in shares of Carlisle Companies by 88.9% during the fourth quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock worth $27,000 after buying an additional 40 shares in the last quarter. Principal Securities Inc. acquired a new stake in shares of Carlisle Companies during the fourth quarter worth approximately $32,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of Carlisle Companies during the fourth quarter worth approximately $40,000. Robeco Institutional Asset Management B.V. grew its position in shares of Carlisle Companies by 38.1% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 13,841 shares of the conglomerate’s stock worth $43,000 after buying an additional 3,815 shares in the last quarter. Finally, Signaturefd LLC grew 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 in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Analysis on Carlisle Companies

Insider Activity at Carlisle Companies

In related news, CAO Stephen Aldrich sold 1,095 shares of Carlisle Companies stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $397.50, for a total transaction of $435,262.50. Following the sale, the chief accounting officer now directly owns 1,624 shares in the company, valued at $645,540. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CAO Stephen Aldrich sold 1,095 shares of Carlisle Companies stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $397.50, for a total transaction of $435,262.50. Following the sale, the chief accounting officer now directly owns 1,624 shares in the company, valued at $645,540. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO D Christian Koch sold 54,927 shares of Carlisle Companies stock in a transaction dated 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 transaction, the chief executive officer now directly owns 86,652 shares in the company, valued at $36,399,039.12. The disclosure for this sale can be found here. Insiders have sold a total of 58,059 shares of company stock worth $24,334,065 over the last ninety days. 1.50% of the stock is currently owned by corporate insiders.

Carlisle Companies Stock Performance

CSL stock opened at $414.59 on Thursday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 2.61 and a current ratio of 2.95. The stock has a market capitalization of $19.73 billion, a price-to-earnings ratio of 24.03, a PEG ratio of 1.43 and a beta of 0.90. Carlisle Companies Incorporated has a 1 year low of $210.89 and a 1 year high of $430.21. The stock’s fifty day moving average is $397.46 and its two-hundred day moving average is $345.72.

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

Carlisle Companies Announces Dividend

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

Carlisle Companies Company 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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