Carlisle Companies Incorporated (NYSE:CSL) Shares Purchased by Kennedy Capital Management LLC

Kennedy Capital Management LLC grew its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 3.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 44,128 shares of the conglomerate's stock after buying an additional 1,334 shares during the quarter. Kennedy Capital Management LLC owned 0.10% of Carlisle Companies worth $16,276,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Treasurer of the State of North Carolina lifted its position in shares of Carlisle Companies by 1.0% during the 4th quarter. Treasurer of the State of North Carolina now owns 35,927 shares of the conglomerate's stock worth $13,251,000 after purchasing an additional 346 shares during the last quarter. Capital Fund Management S.A. purchased a new position in shares of Carlisle Companies in the 4th quarter valued at about $3,841,000. Bessemer Group Inc. raised its position in shares of Carlisle Companies by 0.7% during the 4th quarter. Bessemer Group Inc. now owns 465,461 shares of the conglomerate's stock worth $171,683,000 after acquiring an additional 3,098 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Carlisle Companies during the fourth quarter worth approximately $29,839,000. Finally, Advisory Services Network LLC boosted its holdings in Carlisle Companies by 3.5% in the fourth quarter. Advisory Services Network LLC now owns 11,959 shares of the conglomerate's stock valued at $4,411,000 after purchasing an additional 400 shares in the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction on Friday, February 7th. The stock was 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 owns 2,665 shares of the company's stock, valued at $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 available through this hyperlink. Also, VP Mehul Patel sold 150 shares of the stock in a transaction dated 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 directly owns 815 shares in the company, valued at approximately $285,681.95. The trade was a 15.54 % 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 Analysts Forecast Growth

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

Carlisle Companies Stock Performance

CSL traded down $4.95 during trading on Tuesday, reaching $349.72. The company's stock had a trading volume of 115,243 shares, compared to its average volume of 385,348. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The company's fifty day moving average price is $341.18 and its 200-day moving average price is $393.21. Carlisle Companies Incorporated has a 52-week low of $311.41 and a 52-week high of $481.26. The company has a market capitalization of $15.44 billion, a price-to-earnings ratio of 12.66, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, topping 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 period in the previous year, the business earned $4.17 earnings per share. On average, equities analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The business 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 of this dividend was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a yield of 1.14%. Carlisle Companies's dividend payout ratio (DPR) 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.