Capital Fund Management S.A. Takes Position in Carlisle Companies Incorporated (NYSE:CSL)

Capital Fund Management S.A. purchased a new position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 10,414 shares of the conglomerate's stock, valued at approximately $3,841,000.

Other institutional investors also recently bought and sold shares of the company. TD Private Client Wealth LLC lifted its stake in Carlisle Companies by 475.0% in the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock valued at $25,000 after buying an additional 57 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Carlisle Companies by 95.1% during the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock valued at $59,000 after acquiring an additional 78 shares during the last quarter. UMB Bank n.a. lifted its position in shares of Carlisle Companies by 55.4% in the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock valued at $69,000 after acquiring an additional 67 shares in the last quarter. Generali Asset Management SPA SGR acquired a new stake in shares of Carlisle Companies in the fourth quarter worth approximately $93,000. Finally, MV Capital Management Inc. increased its position in shares of Carlisle Companies by 253.5% during the fourth quarter. MV Capital Management Inc. now owns 251 shares of the conglomerate's stock worth $93,000 after purchasing an additional 180 shares in the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CSL. The Goldman Sachs Group decreased their price objective on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Loop Capital decreased their price target on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research note on Friday, January 10th. Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. Finally, Oppenheimer reissued an "outperform" rating and issued a $495.00 target price (down from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, Carlisle Companies currently has a consensus rating of "Moderate Buy" and a consensus price target of $476.00.

Insider Activity at Carlisle Companies

In related news, Director Jonathan R. Collins sold 1,050 shares of the business's stock in a transaction on Friday, February 7th. The stock was sold at an average price of $349.24, for a total value of $366,702.00. Following the sale, the director now owns 2,665 shares in the company, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Mehul Patel sold 150 shares of the firm's stock in a transaction dated Saturday, February 8th. The shares were sold at an average price of $350.53, for a total value of $52,579.50. Following the transaction, the vice president now owns 815 shares of the company's stock, valued at $285,681.95. This trade represents a 15.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is owned by insiders.

Carlisle Companies Trading Up 1.3 %

CSL stock traded up $4.59 during trading on Friday, reaching $352.82. 274,367 shares of the stock were exchanged, compared to its average volume of 388,488. The business has a 50 day moving average price of $341.06 and a 200-day moving average price of $391.29. Carlisle Companies Incorporated has a 1 year low of $311.41 and a 1 year high of $481.26. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $15.58 billion, a price-to-earnings ratio of 12.77, a P/E/G ratio of 1.03 and a beta of 0.94.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, beating analysts' consensus estimates of $4.43 by $0.04. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. During the same period in the previous year, the firm earned $4.17 EPS. On average, research analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies's payout ratio is 14.48%.

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.