Inlight Wealth Management LLC Acquires New Shares in Carlisle Companies Incorporated (NYSE:CSL)

Inlight Wealth Management LLC purchased a new position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 320,026 shares of the conglomerate's stock, valued at approximately $118,038,000. Carlisle Companies comprises 37.2% of Inlight Wealth Management LLC's holdings, making the stock its biggest holding. Inlight Wealth Management LLC owned 0.71% of Carlisle Companies as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of CSL. TD Private Client Wealth LLC boosted its stake in Carlisle Companies by 475.0% in the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after purchasing an additional 57 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Carlisle Companies by 95.1% in the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after purchasing an additional 78 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Carlisle Companies by 55.4% during the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock worth $69,000 after purchasing an additional 67 shares during the period. MV Capital Management Inc. grew its position in Carlisle Companies by 253.5% during the fourth quarter. MV Capital Management Inc. now owns 251 shares of the conglomerate's stock valued at $93,000 after purchasing an additional 180 shares in the last quarter. Finally, Generali Asset Management SPA SGR acquired a new position in Carlisle Companies in the 4th quarter valued at approximately $93,000. Institutional investors and hedge funds own 89.52% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on CSL shares. The Goldman Sachs Group lowered their price target 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. Loop Capital cut their price target on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a research note on Friday, January 10th. Oppenheimer restated an "outperform" rating and issued a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Finally, Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $476.00.

Insider Transactions at Carlisle Companies

In other news, 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 completion of the sale, the vice president now owns 815 shares in the company, valued at $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 is available through this link. Also, Director Jonathan R. Collins sold 1,050 shares of the firm'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 transaction, 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 disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.

Carlisle Companies Stock Down 1.2 %

Shares of NYSE CSL traded down $4.27 during mid-day trading on Wednesday, reaching $347.86. 168,082 shares of the company traded hands, compared to its average volume of 386,138. The company's fifty day moving average is $341.23 and its two-hundred day moving average is $392.92. 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 fifty-two week low of $311.41 and a fifty-two week high of $481.26. The stock has a market cap of $15.36 billion, a PE ratio of 12.59, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, beating the consensus estimate 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 EPS. On average, analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies's dividend payout ratio is 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.