Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lessened its holdings in shares of Carlisle Companies Incorporated (NYSE:CSLFree Report) by 17.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,367 shares of the conglomerate’s stock after selling 502 shares during the period. CIBC Private Wealth Group LLC’s holdings in Carlisle Companies were worth $739,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Allworth Financial LP raised its position in shares of Carlisle Companies by 88.9% during the 4th quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 40 shares in the last quarter. Principal Securities Inc. purchased a new position in Carlisle Companies during the 4th quarter worth approximately $32,000. Tennessee Valley Asset Management Partners purchased a new position in Carlisle Companies during the 4th quarter worth approximately $40,000. Mendota Financial Group LLC purchased a new position in Carlisle Companies during the 4th quarter worth approximately $53,000. Finally, Tobam purchased a new position in Carlisle Companies during the 4th quarter worth approximately $59,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Robert W. Baird raised their price target on Carlisle Companies from $435.00 to $465.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. The Goldman Sachs Group assumed coverage on Carlisle Companies in a research note on Wednesday, April 3rd. They set a “buy” rating and a $455.00 price target on the stock. Loop Capital raised their price target 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, Oppenheimer raised their price target on Carlisle Companies from $412.00 to $430.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $416.00.

Get Our Latest Research Report on CSL

Insider Activity at Carlisle Companies

In related news, CAO Stephen Aldrich sold 1,095 shares of Carlisle Companies 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 sale, the chief accounting officer now directly owns 1,624 shares in the company, valued at $645,540. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, CEO D Christian Koch sold 54,927 shares of Carlisle Companies stock in a transaction on Monday, May 20th. The stock was sold at an average price of $420.06, for a total transaction of $23,072,635.62. Following the completion of the transaction, the chief executive officer now directly owns 86,652 shares of the company’s stock, valued at $36,399,039.12. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Stephen Aldrich sold 1,095 shares of Carlisle Companies stock in a transaction 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 transaction, the chief accounting officer now directly owns 1,624 shares of the company’s stock, valued at $645,540. 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 three months. 1.50% of the stock is currently owned by corporate insiders.

Carlisle Companies Trading Up 0.0 %

Shares of CSL stock opened at $408.88 on Tuesday. The business’s 50 day moving average is $400.61 and its two-hundred day moving average is $353.79. Carlisle Companies Incorporated has a twelve month low of $231.76 and a twelve month high of $430.21. The company has a market capitalization of $19.46 billion, a P/E ratio of 23.70, a price-to-earnings-growth ratio of 1.37 and a beta of 0.91. The company has a current ratio of 2.95, a quick ratio of 2.61 and a debt-to-equity ratio of 0.66.

Carlisle Companies (NYSE:CSLGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share for the quarter, beating 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 firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $993.06 million. Equities analysts forecast 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 was paid on Monday, June 3rd. Investors of record on Monday, May 20th were paid a $0.85 dividend. The ex-dividend date of this dividend was Friday, May 17th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.83%. Carlisle Companies’s dividend payout ratio (DPR) is presently 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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