BKM Wealth Management LLC Acquires New Position in Carlisle Companies Incorporated (NYSE:CSL)

BKM Wealth Management LLC acquired a new position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 905 shares of the conglomerate's stock, valued at approximately $334,000.

Several other institutional investors also recently modified their holdings of the business. Aaron Wealth Advisors LLC bought a new stake in Carlisle Companies during the third quarter valued at $226,000. Blue Trust Inc. boosted its position in Carlisle Companies by 225.2% during the third quarter. Blue Trust Inc. now owns 722 shares of the conglomerate's stock valued at $325,000 after acquiring an additional 500 shares during the last quarter. Resonant Capital Advisors LLC boosted its position in Carlisle Companies by 3.4% during the third quarter. Resonant Capital Advisors LLC now owns 739 shares of the conglomerate's stock valued at $332,000 after acquiring an additional 24 shares during the last quarter. Signaturefd LLC boosted its position in Carlisle Companies by 238.9% during the third quarter. Signaturefd LLC now owns 827 shares of the conglomerate's stock valued at $372,000 after acquiring an additional 583 shares during the last quarter. Finally, Eastern Bank bought a new stake in Carlisle Companies during the third quarter valued at $585,000. Institutional investors own 89.52% of the company's stock.

Carlisle Companies Stock Down 2.5 %

Shares of CSL traded down $8.65 on Friday, reaching $334.48. The company's stock had a trading volume of 453,276 shares, compared to its average volume of 431,738. 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 Incorporated has a twelve month low of $332.34 and a twelve month high of $481.26. The stock has a market capitalization of $14.90 billion, a PE ratio of 12.11, a PEG ratio of 1.05 and a beta of 0.96. The firm has a fifty day moving average of $375.76 and a 200-day moving average of $412.86.

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

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a $1.00 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.20%. Carlisle Companies's dividend payout ratio (DPR) is 14.48%.

Analyst Ratings Changes

A number of analysts have commented on the stock. Truist Financial began coverage on shares of Carlisle Companies in a research report on Thursday, November 14th. They set a "hold" rating and a $460.00 price target on the stock. The Goldman Sachs Group cut their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Loop Capital cut their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research report on Friday, January 10th. Robert W. Baird cut their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a research report on Friday, October 25th. Finally, Oppenheimer reissued an "outperform" rating and set a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $476.00.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the stock in a transaction dated Friday, February 7th. The shares were 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 owns 2,665 shares in the company, valued at approximately $930,724.60. This trade represents a 28.26 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Mehul Patel sold 150 shares of the stock in a transaction dated Saturday, February 8th. The shares were sold at an average price of $350.53, for a total transaction of $52,579.50. Following the completion of the sale, the vice president now owns 815 shares of the company's stock, valued at approximately $285,681.95. This trade represents a 15.54 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company's stock.

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.