63,809 Shares in Carlisle Companies Incorporated (NYSE:CSL) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new stake in shares of 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 firm purchased 63,809 shares of the conglomerate's stock, valued at approximately $23,535,000. Proficio Capital Partners LLC owned 0.14% of Carlisle Companies as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CSL. KBC Group NV lifted its holdings in Carlisle Companies by 34.9% during the third quarter. KBC Group NV now owns 10,646 shares of the conglomerate's stock valued at $4,788,000 after purchasing an additional 2,752 shares in the last quarter. Pensionfund Sabic purchased a new position in shares of Carlisle Companies in the fourth quarter worth about $1,291,000. Geode Capital Management LLC lifted its stake in shares of Carlisle Companies by 13.3% in the third quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate's stock worth $391,827,000 after buying an additional 102,436 shares in the last quarter. Quest Partners LLC lifted its stake in shares of Carlisle Companies by 624.8% in the third quarter. Quest Partners LLC now owns 4,646 shares of the conglomerate's stock worth $2,090,000 after buying an additional 4,005 shares in the last quarter. Finally, Meridian Wealth Management LLC purchased a new position in shares of Carlisle Companies in the third quarter worth about $631,000. Institutional investors and hedge funds own 89.52% of the company's stock.

Insider Buying and Selling at Carlisle Companies

In related news, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $349.24, for a total value of $366,702.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 completion of 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 position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company's stock.

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Carlisle Companies Trading Down 0.8 %

CSL stock traded down $2.63 during trading on Tuesday, reaching $340.15. 336,533 shares of the stock were exchanged, compared to its average volume of 347,146. Carlisle Companies Incorporated has a 1 year low of $321.93 and a 1 year high of $481.26. The firm has a market capitalization of $15.16 billion, a price-to-earnings ratio of 12.31, a P/E/G ratio of 1.03 and a beta of 0.99. The business has a 50 day moving average price of $361.76 and a 200-day moving average price of $405.39. 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 announced its quarterly 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 net margin of 26.22% and a return on equity of 34.37%. During the same quarter in the previous year, the firm earned $4.17 earnings per share. On average, research analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies's dividend payout ratio is presently 14.48%.

Analysts Set New Price Targets

CSL has been the topic of several research reports. The Goldman Sachs Group decreased their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Oppenheimer reaffirmed an "outperform" rating and set a $495.00 target price (down from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Finally, Loop Capital reduced 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 note on Friday, January 10th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Carlisle Companies presently has an average rating of "Moderate Buy" and a consensus price target of $476.00.

About Carlisle Companies

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.