Motley Fool Wealth Management LLC Purchases New Shares in Carlisle Companies Incorporated (NYSE:CSL)

Motley Fool Wealth Management LLC bought a new stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 18,078 shares of the conglomerate's stock, valued at approximately $6,732,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in CSL. Diversify Advisory Services LLC lifted its stake in Carlisle Companies by 1.7% during the fourth quarter. Diversify Advisory Services LLC now owns 1,587 shares of the conglomerate's stock worth $586,000 after purchasing an additional 26 shares during the last quarter. GAMMA Investing LLC boosted its stake in Carlisle Companies by 3.0% in the fourth quarter. GAMMA Investing LLC now owns 1,325 shares of the conglomerate's stock valued at $489,000 after buying an additional 38 shares in the last quarter. Metis Global Partners LLC grew its position in Carlisle Companies by 6.4% in the fourth quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate's stock valued at $238,000 after acquiring an additional 39 shares during the last quarter. Harbor Capital Advisors Inc. raised its stake in Carlisle Companies by 1.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 4,141 shares of the conglomerate's stock worth $1,527,000 after acquiring an additional 43 shares in the last quarter. Finally, TIAA Trust National Association boosted its stake in shares of Carlisle Companies by 9.2% in the 4th quarter. TIAA Trust National Association now owns 581 shares of the conglomerate's stock valued at $214,000 after purchasing an additional 49 shares in the last quarter. Institutional investors own 89.52% of the company's stock.

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Insider Buying and Selling at Carlisle Companies

In other news, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction dated 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 $930,724.60. This trade represents a 28.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Mehul Patel sold 150 shares of the firm's 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 transaction, 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 position. The disclosure for this sale can be found here. Insiders own 1.50% of the company's stock.

Carlisle Companies Trading Down 1.9 %

NYSE:CSL traded down $6.61 on Friday, reaching $342.90. 557,561 shares of the stock traded hands, compared to its average volume of 369,079. The firm has a market capitalization of $15.14 billion, a price-to-earnings ratio of 12.41, a price-to-earnings-growth ratio of 1.03 and a beta of 0.99. Carlisle Companies Incorporated has a 1-year low of $321.93 and a 1-year high of $481.26. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. The company's 50 day moving average is $355.43 and its 200-day moving average is $401.52.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued 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 net margin of 26.22% and a return on equity of 34.37%. During the same quarter in the previous year, the company earned $4.17 EPS. Equities research analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have weighed in on CSL. Loop Capital cut their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research report on Friday, January 10th. Oppenheimer restated an "outperform" rating and set a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Finally, The Goldman Sachs Group lowered their target price on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, Carlisle Companies has an average rating of "Moderate Buy" and an average price target of $476.00.

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.