McIlrath & Eck LLC Has $49,000 Holdings in Carlisle Companies Incorporated (NYSE:CSL)

McIlrath & Eck LLC lessened its stake in Carlisle Companies Incorporated (NYSE:CSL) by 25.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 156 shares of the conglomerate’s stock after selling 52 shares during the quarter. McIlrath & Eck LLC’s holdings in Carlisle Companies were worth $49,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Allworth Financial LP raised its stake in Carlisle Companies by 88.9% during the fourth quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 40 shares in the last quarter. Tennessee Valley Asset Management Partners acquired a new position in Carlisle Companies during the fourth quarter worth about $40,000. Mendota Financial Group LLC acquired a new position in Carlisle Companies during the fourth quarter worth about $53,000. Tobam acquired a new position in Carlisle Companies during the fourth quarter worth about $59,000. Finally, Signaturefd LLC raised its stake in Carlisle Companies by 28.9% during the third quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock worth $51,000 after acquiring an additional 44 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analyst Ratings Changes

CSL has been the subject of several recent research reports. StockNews.com raised Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Loop Capital upped their price objective on Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Robert W. Baird increased their price objective on Carlisle Companies from $435.00 to $465.00 and gave the company an “outperform” rating in a report on Friday, April 26th. The Goldman Sachs Group started coverage on Carlisle Companies in a report on Wednesday, April 3rd. They set a “buy” rating and a $455.00 target price on the stock. Finally, Oppenheimer increased their price target on Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Carlisle Companies presently has an average rating of “Moderate Buy” and an average price target of $416.00.

Insider Activity

In related news, CEO D Christian Koch sold 6,454 shares of Carlisle Companies stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $347.53, for a total transaction of $2,242,958.62. Following the completion of the sale, the chief executive officer now owns 86,652 shares of the company’s stock, valued at $30,114,169.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO D Christian Koch sold 6,454 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $347.53, for a total value of $2,242,958.62. Following the transaction, the chief executive officer now directly owns 86,652 shares in the company, valued at $30,114,169.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP David W. Smith sold 700 shares of the firm’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $338.54, for a total transaction of $236,978.00. Following the sale, the vice president now owns 2,834 shares in the company, valued at approximately $959,422.36. The disclosure for this sale can be found here. Insiders have sold a total of 15,255 shares of company stock worth $5,231,360 over the last ninety days. Company insiders own 1.50% of the company’s stock.

Carlisle Companies Stock Performance

NYSE:CSL traded up $2.83 during trading hours on Thursday, reaching $388.01. The stock had a trading volume of 59,192 shares, compared to its average volume of 283,613. The company has a debt-to-equity ratio of 0.66, a quick ratio of 2.57 and a current ratio of 2.95. The stock has a market cap of $18.47 billion, a P/E ratio of 22.33, a price-to-earnings-growth ratio of 1.33 and a beta of 0.90. Carlisle Companies Incorporated has a 12-month low of $205.10 and a 12-month high of $415.00. The stock has a 50 day simple moving average of $373.78 and a 200 day simple moving average of $322.80.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.74 by $0.98. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.41%. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $993.06 million. On average, research analysts forecast that Carlisle Companies Incorporated will post 19.51 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Monday, May 20th will be issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date is Friday, May 17th. Carlisle Companies’s payout ratio is presently 19.71%.

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.