Shares of Carlisle Companies Incorporated (NYSE:CSL - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the five research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $476.00.
A number of research analysts recently issued reports on the company. Truist Financial started coverage on Carlisle Companies in a research note on Thursday, November 14th. They set a "hold" rating and a $460.00 price objective for the company. The Goldman Sachs Group reduced their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Loop Capital lowered their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research note on Friday, January 10th. Robert W. Baird cut their price target on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. Finally, Oppenheimer restated an "outperform" rating and issued a $495.00 price objective (down from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th.
Read Our Latest Stock Report on CSL
Insiders Place Their Bets
In other news, VP David W. Smith sold 275 shares of the stock in a transaction dated Thursday, November 21st. The shares were 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 of the company's stock, valued at $1,256,623.94. This represents a 8.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.50% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Carlisle Companies
A number of large investors have recently modified their holdings of CSL. Stephens Inc. AR boosted its stake in Carlisle Companies by 8.1% during the fourth quarter. Stephens Inc. AR now owns 1,039 shares of the conglomerate's stock worth $383,000 after buying an additional 78 shares during the last quarter. Birch Hill Investment Advisors LLC boosted its holdings in Carlisle Companies by 16.8% in the 4th quarter. Birch Hill Investment Advisors LLC now owns 18,849 shares of the conglomerate's stock valued at $6,952,000 after purchasing an additional 2,705 shares during the last quarter. WCM Investment Management LLC increased its stake in Carlisle Companies by 20.4% during the fourth quarter. WCM Investment Management LLC now owns 619 shares of the conglomerate's stock worth $228,000 after acquiring an additional 105 shares during the last quarter. Advisory Resource Group lifted its stake in shares of Carlisle Companies by 17.1% in the 4th quarter. Advisory Resource Group now owns 12,404 shares of the conglomerate's stock valued at $4,575,000 after purchasing an additional 1,814 shares during the last quarter. Finally, Apollon Wealth Management LLC increased its position in shares of Carlisle Companies by 28.7% during the 4th quarter. Apollon Wealth Management LLC now owns 1,808 shares of the conglomerate's stock worth $667,000 after purchasing an additional 403 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.
Carlisle Companies Stock Performance
Shares of CSL stock traded down $2.05 during trading hours on Tuesday, reaching $395.43. The company had a trading volume of 264,538 shares, compared to its average volume of 315,237. The firm has a market cap of $17.92 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 1.19 and a beta of 0.96. The business has a fifty day moving average price of $405.87 and a 200-day moving average price of $420.20. Carlisle Companies has a one year low of $308.44 and a one year high of $481.26. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72.
Carlisle Companies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.01%. Carlisle Companies's dividend payout ratio is currently 14.15%.
About Carlisle Companies
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Get Free ReportCarlisle 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.
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