Aigen Investment Management LP Acquires Shares of 1,281 Carlisle Companies Incorporated (NYSE:CSL)

Aigen Investment Management LP purchased a new stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,281 shares of the conglomerate's stock, valued at approximately $472,000.

Other institutional investors also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new stake in shares of Carlisle Companies in the third quarter valued at about $25,000. True Wealth Design LLC boosted its holdings in shares of Carlisle Companies by 1,400.0% during the third quarter. True Wealth Design LLC now owns 75 shares of the conglomerate's stock worth $34,000 after acquiring an additional 70 shares during the period. Quarry LP boosted its holdings in shares of Carlisle Companies by 75.0% during the third quarter. Quarry LP now owns 133 shares of the conglomerate's stock worth $60,000 after acquiring an additional 57 shares during the period. UMB Bank n.a. boosted its holdings in shares of Carlisle Companies by 55.4% during the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock worth $69,000 after acquiring an additional 67 shares during the period. Finally, Covestor Ltd boosted its stake in shares of Carlisle Companies by 19.3% in the third quarter. Covestor Ltd now owns 198 shares of the conglomerate's stock valued at $89,000 after buying an additional 32 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Insider Activity at Carlisle Companies

In other news, VP Mehul Patel sold 150 shares of the company's stock in a transaction dated Saturday, February 8th. The stock was sold at an average price of $350.53, for a total value of $52,579.50. Following the completion of the transaction, the vice president now owns 815 shares of the company's stock, valued at $285,681.95. This represents a 15.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the company's stock in a transaction dated 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 transaction, the director now directly owns 2,665 shares of the company's stock, valued at approximately $930,724.60. This trade represents a 28.26 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.

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Analyst Ratings Changes

Several brokerages recently issued reports on CSL. The Goldman Sachs Group cut their price target on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Truist Financial assumed coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They set a "hold" rating and a $460.00 price target for the company. Loop Capital decreased their price objective on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a report on Friday, January 10th. Finally, Oppenheimer reaffirmed an "outperform" rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $476.00.

Carlisle Companies Trading Up 0.5 %

Shares of CSL stock traded up $1.68 during trading hours on Friday, reaching $336.08. The company's stock had a trading volume of 348,482 shares, compared to its average volume of 424,268. The stock has a market capitalization of $14.98 billion, a P/E ratio of 12.16, a P/E/G ratio of 1.03 and a beta of 0.99. Carlisle Companies Incorporated has a one year low of $321.93 and a one year high of $481.26. The firm's fifty day simple moving average is $365.97 and its 200 day simple moving average is $408.90. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating the consensus estimate 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 quarter last year, the firm earned $4.17 EPS. Equities research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The company 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 yield of 1.19%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies's dividend payout ratio (DPR) is presently 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.