Yousif Capital Management LLC Has $6.07 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Yousif Capital Management LLC reduced its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 5.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,453 shares of the conglomerate's stock after selling 989 shares during the quarter. Yousif Capital Management LLC's holdings in Carlisle Companies were worth $6,069,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Marshall Wace LLP purchased a new position in Carlisle Companies in the second quarter valued at about $254,000. Sanctuary Advisors LLC purchased a new position in Carlisle Companies in the second quarter valued at about $840,000. Strategic Wealth Partners Ltd. acquired a new position in Carlisle Companies in the third quarter valued at approximately $428,000. CWM LLC boosted its stake in Carlisle Companies by 41.4% in the third quarter. CWM LLC now owns 3,508 shares of the conglomerate's stock valued at $1,578,000 after acquiring an additional 1,027 shares during the period. Finally, Wedmont Private Capital acquired a new position in Carlisle Companies in the third quarter valued at approximately $204,000. 89.52% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Stock Up 0.9 %

Shares of CSL stock traded up $3.30 on Monday, hitting $353.83. The company's stock had a trading volume of 235,407 shares, compared to its average volume of 378,720. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.29. Carlisle Companies Incorporated has a fifty-two week low of $338.52 and a fifty-two week high of $481.26. The firm's fifty day moving average price is $392.01 and its 200-day moving average price is $416.91. The stock has a market capitalization of $16.04 billion, a price-to-earnings ratio of 12.81, a P/E/G ratio of 1.04 and a beta of 0.96.

Carlisle Companies (NYSE:CSL - Get Free Report) last released 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 33.14%. During the same quarter last year, the business posted $4.17 earnings per share. Research analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Tuesday, February 18th. Carlisle Companies's dividend payout ratio is 14.48%.

Analyst Ratings Changes

A number of brokerages have commented on CSL. Truist Financial began coverage on Carlisle Companies in a research note on Thursday, November 14th. They issued a "hold" rating and a $460.00 target price for the company. Oppenheimer reaffirmed an "outperform" rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Loop Capital dropped their target price on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a report on Friday, January 10th. Robert W. Baird dropped their price target on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. Finally, The Goldman Sachs Group lowered 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. 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 presently has a consensus rating of "Moderate Buy" and a consensus target price of $476.00.

Insiders Place Their Bets

In related news, Director Jonathan R. Collins sold 1,050 shares of the company's 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 sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP David W. Smith sold 275 shares of the company's 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 completion of the sale, the vice president now directly owns 2,834 shares in the company, valued at approximately $1,256,623.94. The trade was a 8.85 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company's stock.

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.