Mutual Advisors LLC Invests $494,000 in Carlisle Companies Incorporated (NYSE:CSL)

Mutual Advisors LLC acquired a new position in Carlisle Companies Incorporated (NYSE:CSL) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,581 shares of the conglomerate’s stock, valued at approximately $494,000.

A number of other institutional investors and hedge funds have also modified their holdings of CSL. Coppell Advisory Solutions Corp. acquired a new position in Carlisle Companies during the 4th quarter valued at $29,000. Artemis Wealth Advisors LLC acquired a new position in shares of Carlisle Companies in the 2nd quarter valued at $42,000. Signaturefd LLC raised its stake in shares of Carlisle Companies by 28.9% in the 3rd quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock valued at $51,000 after buying an additional 44 shares in the last quarter. RVW Wealth LLC acquired a new position in shares of Carlisle Companies in the 3rd quarter valued at $52,000. Finally, UniSuper Management Pty Ltd acquired a new position in shares of Carlisle Companies in the 2nd quarter valued at $103,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CSL. StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Oppenheimer increased their price objective on shares of Carlisle Companies from $355.00 to $405.00 and gave the company an “outperform” rating in a research note on Wednesday, March 20th. Finally, Robert W. Baird increased their price objective on shares of Carlisle Companies from $365.00 to $400.00 and gave the company an “outperform” rating in a research note on Tuesday, March 19th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $331.67.

Carlisle Companies Stock Up 0.0 %

CSL opened at $388.62 on Thursday. The firm’s 50-day simple moving average is $345.76 and its 200-day simple moving average is $301.98. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.57 and a current ratio of 2.87. Carlisle Companies Incorporated has a twelve month low of $203.65 and a twelve month high of $392.63. The firm has a market cap of $18.58 billion, a price-to-earnings ratio of 25.50, a PEG ratio of 1.39 and a beta of 0.92.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings data on Tuesday, February 6th. The conglomerate reported $4.17 EPS for the quarter, topping analysts’ consensus estimates of $3.47 by $0.70. Carlisle Companies had a net margin of 15.07% and a return on equity of 28.31%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the firm earned $3.92 EPS. The company’s revenue was down 1.9% on a year-over-year basis. Equities research analysts anticipate that Carlisle Companies Incorporated will post 18.51 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were given a dividend of $0.85 per share. The ex-dividend date was Thursday, February 15th. This represents a $3.40 dividend on an annualized basis and a yield of 0.87%. Carlisle Companies’s payout ratio is presently 22.31%.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, CEO D Christian Koch sold 6,454 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $347.53, for a total transaction of $2,242,958.62. Following the transaction, the chief executive officer now directly owns 86,652 shares in the company, valued at approximately $30,114,169.56. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Carlisle Companies news, CEO D Christian Koch sold 6,454 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $347.53, for a total transaction of $2,242,958.62. Following the transaction, the chief executive officer now directly owns 86,652 shares in the company, valued at approximately $30,114,169.56. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP David W. Smith sold 700 shares of the company’s stock in a transaction dated Thursday, February 8th. The shares were 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 disclosure for this sale can be found here. In the last three months, insiders have sold 15,255 shares of company stock worth $5,231,360. Company insiders own 1.50% of the company’s stock.

Carlisle Companies 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.