Carlisle Companies Incorporated (NYSE:CSL) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 3.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,134,954 shares of the conglomerate's stock after purchasing an additional 34,021 shares during the period. JPMorgan Chase & Co. owned approximately 2.50% of Carlisle Companies worth $418,617,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. TD Private Client Wealth LLC lifted its position in Carlisle Companies by 475.0% in the fourth quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock valued at $25,000 after buying an additional 57 shares during the last quarter. True Wealth Design LLC lifted its holdings in shares of Carlisle Companies by 1,400.0% in the 3rd 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 last quarter. Farther Finance Advisors LLC boosted its position in shares of Carlisle Companies by 95.1% during the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after purchasing an additional 78 shares during the period. Quarry LP increased its holdings in Carlisle Companies by 75.0% in the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate's stock valued at $60,000 after purchasing an additional 57 shares during the last quarter. Finally, UMB Bank n.a. raised its position in Carlisle Companies by 55.4% in the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock valued at $69,000 after purchasing an additional 67 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Carlisle Companies Stock Down 7.0 %

NYSE:CSL traded down $24.31 during midday trading on Thursday, reaching $323.92. The company had a trading volume of 138,597 shares, compared to its average volume of 447,201. The stock's fifty day simple moving average is $351.85 and its 200-day simple moving average is $400.24. 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 $321.93 and a 12-month high of $481.26. The firm has a market capitalization of $14.30 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 1.03 and a beta of 0.99.

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

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.23%. Carlisle Companies's dividend payout ratio (DPR) is currently 14.48%.

Insider Buying and Selling

In other news, VP Mehul Patel sold 150 shares of the business's stock in a transaction that occurred on 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 in the company, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jonathan R. Collins sold 1,050 shares of the stock in a transaction on Friday, February 7th. The shares were sold at an average price of $349.24, for a total transaction of $366,702.00. Following the completion of the transaction, the director now directly owns 2,665 shares in the company, valued at $930,724.60. This trade represents a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.50% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on CSL. Oppenheimer restated an "outperform" rating and set a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. The Goldman Sachs Group dropped their target price on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. Finally, Loop Capital reduced their price target 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. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Carlisle Companies presently has an average rating of "Moderate Buy" and an average price target of $476.00.

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.