Zions Bancorporation N.A. Purchases 1,457 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Zions Bancorporation N.A. grew its position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 53.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,207 shares of the conglomerate's stock after purchasing an additional 1,457 shares during the quarter. Zions Bancorporation N.A.'s holdings in Carlisle Companies were worth $1,552,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CSL. Franklin Resources Inc. grew its position in shares of Carlisle Companies by 1.4% in the 3rd quarter. Franklin Resources Inc. now owns 1,177,014 shares of the conglomerate's stock valued at $566,061,000 after buying an additional 16,303 shares during the last quarter. FMR LLC lifted its holdings in shares of Carlisle Companies by 29.6% in the third quarter. FMR LLC now owns 955,289 shares of the conglomerate's stock valued at $429,641,000 after purchasing an additional 218,002 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Carlisle Companies by 13.3% during the 3rd quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate's stock worth $391,827,000 after acquiring an additional 102,436 shares during the last quarter. Madison Investment Advisors LLC purchased a new stake in Carlisle Companies in the 4th quarter valued at about $148,208,000. Finally, Truist Financial Corp grew its holdings in shares of Carlisle Companies by 3.9% in the fourth quarter. Truist Financial Corp now owns 362,695 shares of the conglomerate's stock valued at $133,776,000 after acquiring an additional 13,505 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on CSL shares. Oppenheimer restated an "outperform" rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research note 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 research report on Friday, January 10th. Finally, The Goldman Sachs Group decreased their target price on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, Carlisle Companies currently has an average rating of "Moderate Buy" and an average price target of $476.00.

Insider Activity at Carlisle Companies

In related news, Director Jonathan R. Collins sold 1,050 shares of the business's stock in a transaction that occurred 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 sale, the director now directly owns 2,665 shares in the company, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Mehul Patel sold 150 shares of Carlisle Companies 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 transaction, the vice president now directly owns 815 shares in the company, 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 corporate insiders.

Carlisle Companies Trading Down 1.9 %

Shares of CSL traded down $6.61 during mid-day trading on Friday, reaching $342.90. The company's stock had a trading volume of 557,561 shares, compared to its average volume of 369,079. The company's fifty day moving average price is $355.43 and its two-hundred day moving average price is $401.52. 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 $15.14 billion, a PE ratio of 12.41, a P/E/G ratio of 1.03 and a beta of 0.99. 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 (NYSE:CSL - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, beating 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 last year, the business posted $4.17 earnings per share. On average, analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $1.00 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.17%. Carlisle Companies's payout ratio is currently 14.48%.

Carlisle Companies 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.