U.S. Capital Wealth Advisors LLC Makes New $2.58 Million Investment in Carlisle Companies Incorporated (NYSE:CSL)

U.S. Capital Wealth Advisors LLC bought a new stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 7,006 shares of the conglomerate's stock, valued at approximately $2,584,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Spire Wealth Management lifted its position in shares of Carlisle Companies by 7.5% in the fourth quarter. Spire Wealth Management now owns 1,906 shares of the conglomerate's stock valued at $703,000 after buying an additional 133 shares during the last quarter. Sylvest Advisors LLC bought a new stake in Carlisle Companies in the 4th quarter valued at $721,000. Deroy & Devereaux Private Investment Counsel Inc. lifted its holdings in Carlisle Companies by 0.7% during the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 98,733 shares of the conglomerate's stock valued at $36,417,000 after purchasing an additional 699 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its holdings in Carlisle Companies by 947.6% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 16,982 shares of the conglomerate's stock valued at $6,264,000 after purchasing an additional 15,361 shares during the last quarter. Finally, Clear Creek Financial Management LLC bought a new position in Carlisle Companies during the fourth quarter worth $228,000. Institutional investors own 89.52% of the company's stock.

Carlisle Companies Price Performance

Shares of NYSE CSL traded up $1.33 during midday trading on Friday, reaching $350.70. The company's stock had a trading volume of 372,403 shares, compared to its average volume of 384,792. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. The company has a market cap of $15.90 billion, a P/E ratio of 12.41, a P/E/G ratio of 1.15 and a beta of 0.96. The business's 50 day moving average price is $392.01 and its two-hundred day moving average price is $416.97. Carlisle Companies Incorporated has a fifty-two week low of $337.01 and a fifty-two week high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating the consensus estimate of $4.43 by $0.04. Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. During the same period in the previous year, the firm posted $4.17 earnings per share. On average, analysts forecast that Carlisle Companies Incorporated will post 20.23 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $1.00 per share. The ex-dividend date is Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.14%. Carlisle Companies's dividend payout ratio is 14.48%.

Analyst Ratings Changes

CSL has been the subject of a number of research reports. Truist Financial initiated coverage on shares of Carlisle Companies in a research note on Thursday, November 14th. They set a "hold" rating and a $460.00 target price for the company. The Goldman Sachs Group cut their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. Robert W. Baird decreased their target price on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a research report on Friday, October 25th. Oppenheimer reissued an "outperform" rating and set a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Finally, Loop Capital decreased their price objective on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $476.00.

Insiders Place Their Bets

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 value of $366,702.00. Following the transaction, the director now owns 2,665 shares in the company, valued at approximately $930,724.60. This trade represents a 28.26 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP David W. Smith sold 275 shares of the business's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $443.41, for a total value of $121,937.75. Following the transaction, the vice president now directly owns 2,834 shares of the company's stock, valued at $1,256,623.94. This trade represents a 8.85 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company's stock.

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.