Carlisle Companies Incorporated (NYSE:CSL) Shares Purchased by Advisory Resource Group

Advisory Resource Group grew its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 17.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,404 shares of the conglomerate's stock after buying an additional 1,814 shares during the quarter. Advisory Resource Group's holdings in Carlisle Companies were worth $4,575,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Capital Performance Advisors LLP purchased a new stake in Carlisle Companies during the 3rd quarter worth about $25,000. ORG Wealth Partners LLC acquired a new position in Carlisle Companies during the 3rd quarter worth approximately $32,000. True Wealth Design LLC boosted its stake in shares of Carlisle Companies by 1,400.0% during the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate's stock worth $34,000 after acquiring an additional 70 shares in the last quarter. UMB Bank n.a. lifted its stake in Carlisle Companies by 317.2% in the 3rd quarter. UMB Bank n.a. now owns 121 shares of the conglomerate's stock valued at $54,000 after buying an additional 92 shares in the last quarter. Finally, Quarry LP lifted its stake in shares of Carlisle Companies by 75.0% during the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate's stock worth $60,000 after purchasing an additional 57 shares during the period. Institutional investors and hedge funds own 89.52% of the company's stock.

Carlisle Companies Stock Down 1.0 %

CSL traded down $3.74 during trading hours on Wednesday, hitting $354.26. 948,805 shares of the company's stock were exchanged, compared to its average volume of 413,043. The stock has a market cap of $16.06 billion, a price-to-earnings ratio of 12.82, a PEG ratio of 1.04 and a beta of 0.96. The company has a quick ratio of 2.29, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. The stock's 50-day moving average is $388.30 and its two-hundred day moving average is $416.04. Carlisle Companies Incorporated has a 1-year low of $338.52 and a 1-year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, beating the consensus estimate of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 33.14%. During the same period last year, the company posted $4.17 EPS. Sell-side analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CSL. The Goldman Sachs Group lowered their price target on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Truist Financial started coverage on shares of Carlisle Companies in a research report on Thursday, November 14th. They issued a "hold" rating and a $460.00 price target on the stock. Oppenheimer reissued an "outperform" rating and set a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Robert W. Baird dropped their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. Finally, Loop Capital dropped their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a report on Friday, January 10th. Two investment 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, the stock presently has an average rating of "Moderate Buy" and an average target price of $476.00.

Insider Transactions at Carlisle Companies

In related news, VP David W. Smith sold 275 shares of Carlisle Companies stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $443.41, for a total transaction of $121,937.75. Following the sale, the vice president now directly owns 2,834 shares in the company, valued at $1,256,623.94. The trade was a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 completion of the sale, the director now directly owns 2,665 shares in the company, valued at $930,724.60. This trade represents a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,475 shares of company stock worth $541,219 in the last 90 days. Insiders own 1.50% of the company's stock.

About Carlisle Companies

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.