80,901 Shares in Carlisle Companies Incorporated (NYSE:CSL) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 80,901 shares of the conglomerate's stock, valued at approximately $29,839,000. Raymond James Financial Inc. owned 0.18% of Carlisle Companies at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Diversify Advisory Services LLC grew its position in shares of Carlisle Companies by 1.7% in the 4th quarter. Diversify Advisory Services LLC now owns 1,587 shares of the conglomerate's stock worth $586,000 after buying an additional 26 shares during the period. Metis Global Partners LLC grew its position in Carlisle Companies by 5.2% during the 3rd quarter. Metis Global Partners LLC now owns 607 shares of the conglomerate's stock valued at $273,000 after purchasing an additional 30 shares during the last quarter. GAMMA Investing LLC grew its position in Carlisle Companies by 3.0% during the 4th quarter. GAMMA Investing LLC now owns 1,325 shares of the conglomerate's stock valued at $489,000 after purchasing an additional 38 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in Carlisle Companies by 1.0% during the 4th quarter. Harbor Capital Advisors Inc. now owns 4,141 shares of the conglomerate's stock valued at $1,527,000 after purchasing an additional 43 shares during the last quarter. Finally, CIBC Asset Management Inc grew its position in Carlisle Companies by 3.3% during the 3rd quarter. CIBC Asset Management Inc now owns 1,394 shares of the conglomerate's stock valued at $627,000 after purchasing an additional 45 shares during the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

Several brokerages recently commented on CSL. Loop Capital cut their price objective 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 reissued an "outperform" rating and set a $495.00 price objective (down from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Finally, The Goldman Sachs Group cut their price objective 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. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $476.00.

Insider Buying and Selling at Carlisle Companies

In other news, Director Jonathan R. Collins sold 1,050 shares of the 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 transaction, the director now owns 2,665 shares in the company, valued at $930,724.60. This represents a 28.26 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Mehul Patel sold 150 shares of the stock in a transaction that occurred on Saturday, February 8th. The stock was 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 in the company, 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.

Carlisle Companies Stock Performance

CSL traded down $2.63 during midday trading on Tuesday, hitting $340.15. 336,533 shares of the company traded hands, compared to its average volume of 347,146. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $15.16 billion, a PE ratio of 12.31, a price-to-earnings-growth ratio of 1.03 and a beta of 0.99. The company's 50-day moving average is $361.76 and its 200 day moving average is $405.39. Carlisle Companies Incorporated has a 52 week low of $321.93 and a 52 week high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, beating the consensus estimate 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 posted $4.17 EPS. On average, research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

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

Carlisle Companies Company 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.