Callan Family Office LLC Takes Position in Carlisle Companies Incorporated (NYSE:CSL)

Callan Family Office LLC acquired a new stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 904 shares of the conglomerate's stock, valued at approximately $333,000.

Several other hedge funds also recently bought and sold shares of CSL. Franklin Resources Inc. raised its position in shares of Carlisle Companies by 1.4% in the third quarter. Franklin Resources Inc. now owns 1,177,014 shares of the conglomerate's stock worth $566,061,000 after buying an additional 16,303 shares in the last quarter. FMR LLC grew its stake in Carlisle Companies by 29.6% in the 3rd quarter. FMR LLC now owns 955,289 shares of the conglomerate's stock worth $429,641,000 after buying an additional 218,002 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Carlisle Companies by 13.3% in the 3rd quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate's stock worth $391,827,000 after buying an additional 102,436 shares during the last quarter. Truist Financial Corp raised its position in shares of Carlisle Companies by 3.9% during the 4th quarter. Truist Financial Corp now owns 362,695 shares of the conglomerate's stock valued at $133,776,000 after buying an additional 13,505 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Carlisle Companies by 14.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 338,343 shares of the conglomerate's stock worth $152,170,000 after acquiring an additional 41,766 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

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Wall Street Analyst Weigh In

A number of research analysts recently commented on CSL shares. Oppenheimer reissued an "outperform" rating and issued a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. 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 cut their target price on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a research note on Friday, January 10th. Finally, Truist Financial started coverage on shares of Carlisle Companies in a research note on Thursday, November 14th. They set a "hold" rating and a $460.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Carlisle Companies has a consensus rating of "Moderate Buy" and a consensus target price of $476.00.

Carlisle Companies Trading Up 2.9 %

Carlisle Companies stock traded up $9.52 during trading hours on Friday, reaching $335.95. The stock had a trading volume of 356,318 shares, compared to its average volume of 426,917. The company has a fifty day simple moving average of $363.79 and a 200-day simple moving average of $407.17. Carlisle Companies Incorporated has a 52 week low of $321.93 and a 52 week high of $481.26. The stock has a market cap of $14.97 billion, a PE ratio of 12.16, a PEG ratio of 1.03 and a beta of 0.99. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, topping 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 period in the previous year, the company posted $4.17 earnings per share. Analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies's payout ratio is 14.48%.

Insider Activity at Carlisle Companies

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of the business's stock in a transaction 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 sale, the vice president now directly owns 815 shares of the company's stock, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jonathan R. Collins sold 1,050 shares of the firm's stock in a transaction on Friday, February 7th. The shares were sold at an average price of $349.24, for a total value of $366,702.00. Following the transaction, the director now owns 2,665 shares of the company's stock, valued at $930,724.60. The trade was a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

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.