Diversified Trust Co. Has $1.03 Million Stock Holdings in Carlisle Companies Incorporated $CSL

Diversified Trust Co. boosted its stake in Carlisle Companies Incorporated (NYSE:CSL) by 193.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,204 shares of the conglomerate’s stock after buying an additional 2,114 shares during the quarter. Diversified Trust Co.’s holdings in Carlisle Companies were worth $1,025,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of CSL. Goldman Sachs Group Inc. grew its holdings in shares of Carlisle Companies by 36.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 105,468 shares of the conglomerate’s stock valued at $35,912,000 after acquiring an additional 28,414 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Carlisle Companies by 1.6% during the second quarter. Cetera Investment Advisers now owns 9,020 shares of the conglomerate’s stock worth $3,368,000 after acquiring an additional 138 shares in the last quarter. MAI Capital Management raised its holdings in shares of Carlisle Companies by 26.6% during the second quarter. MAI Capital Management now owns 157 shares of the conglomerate’s stock worth $59,000 after acquiring an additional 33 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Carlisle Companies by 0.3% during the second quarter. Charles Schwab Investment Management Inc. now owns 331,215 shares of the conglomerate’s stock valued at $123,676,000 after purchasing an additional 842 shares during the last quarter. Finally, Prudential Financial Inc. boosted its position in Carlisle Companies by 21.0% during the second quarter. Prudential Financial Inc. now owns 9,428 shares of the conglomerate’s stock valued at $3,520,000 after purchasing an additional 1,637 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Insider Buying and Selling

In other Carlisle Companies news, CFO Kevin P. Zdimal sold 24,180 shares of the stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $408.04, for a total transaction of $9,866,407.20. Following the completion of the transaction, the chief financial officer directly owned 30,094 shares in the company, valued at $12,279,555.76. This represents a 44.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP David W. Smith sold 1,800 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $414.05, for a total transaction of $745,290.00. Following the sale, the vice president owned 3,697 shares of the company’s stock, valued at $1,530,742.85. This trade represents a 32.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 68,289 shares of company stock valued at $28,125,467. 1.50% of the stock is owned by insiders.

Analysts Set New Price Targets

CSL has been the topic of several research reports. Robert W. Baird set a $420.00 target price on Carlisle Companies in a research report on Wednesday, February 4th. Oppenheimer lifted their price target on Carlisle Companies from $400.00 to $435.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Zacks Research raised Carlisle Companies from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. William Blair restated a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, March 18th. Finally, JPMorgan Chase & Co. raised their price objective on Carlisle Companies from $400.00 to $420.00 and gave the company an “overweight” rating in a research note on Monday, March 9th. Four investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $399.17.

Carlisle Companies Stock Down 2.0%

Shares of CSL opened at $333.27 on Friday. The company has a 50-day simple moving average of $370.73 and a 200-day simple moving average of $344.66. The company has a debt-to-equity ratio of 1.60, a quick ratio of 2.49 and a current ratio of 3.09. The firm has a market capitalization of $13.62 billion, a P/E ratio of 19.48, a P/E/G ratio of 1.09 and a beta of 0.91. Carlisle Companies Incorporated has a 52 week low of $293.43 and a 52 week high of $435.92.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Tuesday, February 3rd. The conglomerate reported $3.90 EPS for the quarter, topping analysts’ consensus estimates of $3.60 by $0.30. Carlisle Companies had a return on equity of 41.58% and a net margin of 14.76%.The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter last year, the company earned $4.47 EPS. The company’s quarterly revenue was up .4% on a year-over-year basis. On average, equities research analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Tuesday, February 17th. Carlisle Companies’s dividend payout ratio is currently 25.72%.

Carlisle Companies Company Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.