Headlands Technologies LLC Purchases Shares of 2,512 Carlisle Companies Incorporated (NYSE:CSL)

Headlands Technologies LLC purchased a new stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 2,512 shares of the conglomerate's stock, valued at approximately $927,000.

Several other hedge funds have also recently bought and sold shares of CSL. D.A. Davidson & CO. acquired a new stake in Carlisle Companies during the 3rd quarter worth approximately $226,000. Glenmede Trust Co. NA increased its position in Carlisle Companies by 11.7% during the 3rd quarter. Glenmede Trust Co. NA now owns 1,003 shares of the conglomerate's stock worth $451,000 after buying an additional 105 shares during the period. Captrust Financial Advisors lifted its holdings in shares of Carlisle Companies by 4.5% during the third quarter. Captrust Financial Advisors now owns 6,111 shares of the conglomerate's stock worth $2,749,000 after buying an additional 264 shares in the last quarter. Investment Management Corp of Ontario boosted its position in shares of Carlisle Companies by 1.0% in the third quarter. Investment Management Corp of Ontario now owns 12,436 shares of the conglomerate's stock valued at $5,593,000 after acquiring an additional 120 shares during the period. Finally, Redwood Investment Management LLC grew its stake in shares of Carlisle Companies by 4.1% in the third quarter. Redwood Investment Management LLC now owns 3,515 shares of the conglomerate's stock valued at $1,563,000 after acquiring an additional 138 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. 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 research report on Tuesday, January 14th. Oppenheimer reissued an "outperform" rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Finally, Loop Capital dropped their price objective on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $476.00.

Insider Activity

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the company's stock in a transaction dated Friday, February 7th. The stock was 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 in the company, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Mehul Patel sold 150 shares of the firm's stock in a transaction dated Saturday, February 8th. The stock was sold at an average price of $350.53, for a total value of $52,579.50. Following the transaction, the vice president now owns 815 shares of the company's stock, valued at $285,681.95. This trade represents a 15.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by insiders.

Carlisle Companies Price Performance

Shares of Carlisle Companies stock traded down $3.15 on Monday, reaching $324.14. 372,596 shares of the stock were exchanged, compared to its average volume of 374,988. The firm's 50 day moving average is $348.76 and its 200-day moving average is $398.77. The firm has a market cap of $14.31 billion, a PE ratio of 11.67, a P/E/G ratio of 1.03 and a beta of 0.94. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. Carlisle Companies Incorporated has a one year low of $312.60 and a one year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share 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 period in the prior year, the firm posted $4.17 EPS. As a group, analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $1.00 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a yield of 1.23%. Carlisle Companies's payout ratio is presently 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.