J.W. Cole Advisors Inc. Invests $280,000 in Carlisle Companies Incorporated (NYSE:CSL)

J.W. Cole Advisors Inc. acquired a new position in shares of Carlisle Companies Incorporated (NYSE:CSL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 895 shares of the conglomerate’s stock, valued at approximately $280,000.

Other hedge funds have also made changes to their positions in the company. Allworth Financial LP boosted its holdings 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 purchasing an additional 40 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new stake in shares of Carlisle Companies during the fourth quarter worth $40,000. Mendota Financial Group LLC acquired a new stake in shares of Carlisle Companies during the fourth quarter worth $53,000. Tobam acquired a new stake in shares of Carlisle Companies during the fourth quarter worth $59,000. Finally, Signaturefd LLC boosted its holdings in Carlisle Companies by 28.9% in the third quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock valued at $51,000 after acquiring an additional 44 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Trading Up 1.8 %

Shares of CSL opened at $381.99 on Friday. The stock’s 50-day moving average is $370.69 and its two-hundred day moving average is $319.17. The stock has a market cap of $18.26 billion, a PE ratio of 25.06, a P/E/G ratio of 1.35 and a beta of 0.93. Carlisle Companies Incorporated has a 12 month low of $205.10 and a 12 month high of $403.44. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.87 and a quick ratio of 2.57.

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 return on equity of 28.31% and a net margin of 15.07%. The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the firm posted $3.92 earnings per share. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. Equities analysts forecast that Carlisle Companies Incorporated will post 18.72 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were given a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date was Thursday, February 15th. Carlisle Companies’s payout ratio is 22.31%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CSL. Oppenheimer lifted their target price on Carlisle Companies from $405.00 to $412.00 and gave the company an “outperform” rating in a report on Thursday, April 18th. StockNews.com upgraded Carlisle Companies from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. Robert W. Baird lifted their target price on Carlisle Companies from $400.00 to $435.00 and gave the company an “outperform” rating in a report on Tuesday, April 9th. The Goldman Sachs Group began coverage on Carlisle Companies in a report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 target price on the stock. Finally, Loop Capital lifted their target price on Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a report on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Carlisle Companies presently has an average rating of “Moderate Buy” and an average target price of $390.33.

Insider Transactions at Carlisle Companies

In other news, insider Lori A. Snyder sold 8,101 shares of Carlisle Companies stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the sale, the insider now directly owns 5,212 shares of the company’s stock, valued at $1,770,203.68. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, VP David W. Smith sold 700 shares of the business’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $338.54, for a total value of $236,978.00. Following the completion of the sale, the vice president now directly owns 2,834 shares of the company’s stock, valued at $959,422.36. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Lori A. Snyder sold 8,101 shares of the business’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $339.64, for a total value of $2,751,423.64. Following the completion of the sale, the insider now directly owns 5,212 shares of the company’s stock, valued at $1,770,203.68. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,255 shares of company stock valued at $5,231,360. 1.50% of the stock is currently owned by insiders.

Carlisle Companies Company 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.