Boston Financial Mangement LLC Buys 2,627 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Boston Financial Mangement LLC grew its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 3.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 89,962 shares of the conglomerate's stock after acquiring an additional 2,627 shares during the period. Carlisle Companies comprises about 1.0% of Boston Financial Mangement LLC's portfolio, making the stock its 28th largest holding. Boston Financial Mangement LLC owned 0.20% of Carlisle Companies worth $33,182,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Tributary Capital Management LLC increased its position in Carlisle Companies by 1.1% in the 3rd quarter. Tributary Capital Management LLC now owns 2,275 shares of the conglomerate's stock worth $1,023,000 after purchasing an additional 24 shares during the last quarter. Diversify Advisory Services LLC increased its holdings in Carlisle Companies by 1.6% in the third quarter. Diversify Advisory Services LLC now owns 1,561 shares of the conglomerate's stock worth $719,000 after buying an additional 25 shares during the last quarter. Equitable Trust Co. raised its position in Carlisle Companies by 0.3% during the third quarter. Equitable Trust Co. now owns 8,614 shares of the conglomerate's stock valued at $3,874,000 after acquiring an additional 25 shares in the last quarter. Metis Global Partners LLC increased its stake in shares of Carlisle Companies by 5.2% during the 3rd quarter. Metis Global Partners LLC now owns 607 shares of the conglomerate's stock worth $273,000 after purchasing an additional 30 shares during the last quarter. Finally, Covestor Ltd raised its holdings in shares of Carlisle Companies by 19.3% during the 3rd quarter. Covestor Ltd now owns 198 shares of the conglomerate's stock valued at $89,000 after purchasing an additional 32 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Insider Activity

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the company's stock in a transaction that occurred 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 transaction, the director now owns 2,665 shares of the company's stock, valued at $930,724.60. This represents a 28.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Mehul Patel sold 150 shares of the firm's stock in a transaction that occurred on 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 sale, 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 position. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have commented on CSL. Truist Financial initiated coverage on shares of Carlisle Companies in a research report on Thursday, November 14th. They set a "hold" rating and a $460.00 target price on the stock. Loop Capital lowered their price objective on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a report on Friday, January 10th. The Goldman Sachs Group reduced their target price on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Oppenheimer reaffirmed an "outperform" rating and set a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Finally, Robert W. Baird dropped their price target 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. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $476.00.

Carlisle Companies Stock Performance

NYSE:CSL traded down $8.65 during mid-day trading on Friday, hitting $334.48. 453,276 shares of the company's stock traded hands, compared to its average volume of 431,738. The firm has a market capitalization of $14.90 billion, a price-to-earnings ratio of 12.11, a price-to-earnings-growth ratio of 1.05 and a beta of 0.96. The firm has a 50 day moving average of $375.76 and a two-hundred day moving average of $412.86. 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 12 month low of $332.34 and a 12 month high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, topping the consensus estimate 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 in the prior year, the business earned $4.17 EPS. On average, equities analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

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

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.