Carlisle Companies Incorporated (NYSE:CSL) CAO Stephen Aldrich Sells 1,095 Shares

Carlisle Companies Incorporated (NYSE:CSL) CAO Stephen Aldrich sold 1,095 shares of Carlisle Companies stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $397.50, for a total value of $435,262.50. Following the sale, the chief accounting officer now directly owns 1,624 shares in the company, valued at approximately $645,540. The sale was disclosed in a document filed with the SEC, which is available at this link.

Carlisle Companies Price Performance

Carlisle Companies stock traded up $7.00 on Monday, reaching $405.47. The company’s stock had a trading volume of 299,980 shares, compared to its average volume of 286,620. The company has a debt-to-equity ratio of 0.66, a quick ratio of 2.61 and a current ratio of 2.95. The company has a market cap of $19.41 billion, a price-to-earnings ratio of 23.10, a PEG ratio of 1.36 and a beta of 0.90. The business’s fifty day moving average price is $376.23 and its 200 day moving average price is $325.57. Carlisle Companies Incorporated has a twelve month low of $205.10 and a twelve month high of $415.00.

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

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Monday, May 20th will be paid a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date is Friday, May 17th. Carlisle Companies’s dividend payout ratio is currently 19.71%.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Robert W. Baird lifted their price objective on Carlisle Companies from $435.00 to $465.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Oppenheimer boosted 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. Loop Capital boosted their price target on Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a research note on Monday, April 1st. The Goldman Sachs Group initiated coverage on Carlisle Companies in a research note on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 price target on the stock. Finally, StockNews.com raised Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. One research 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 data from MarketBeat, Carlisle Companies has an average rating of “Moderate Buy” and a consensus price target of $416.00.

Hedge Funds Weigh In On Carlisle Companies

A number of institutional investors and hedge funds have recently bought and sold shares of CSL. Commonwealth Equity Services LLC raised its position in shares of Carlisle Companies by 0.5% during the third quarter. Commonwealth Equity Services LLC now owns 14,508 shares of the conglomerate’s stock worth $3,762,000 after acquiring an additional 74 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Carlisle Companies by 924.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 10,026 shares of the conglomerate’s stock worth $2,599,000 after acquiring an additional 9,047 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of Carlisle Companies by 12.9% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 7,616 shares of the conglomerate’s stock worth $1,975,000 after acquiring an additional 871 shares during the last quarter. Brown Advisory Inc. raised its position in shares of Carlisle Companies by 3.6% during the third quarter. Brown Advisory Inc. now owns 37,231 shares of the conglomerate’s stock worth $9,653,000 after acquiring an additional 1,309 shares during the last quarter. Finally, Forsta AP Fonden raised its position in shares of Carlisle Companies by 515.4% during the third quarter. Forsta AP Fonden now owns 8,000 shares of the conglomerate’s stock worth $2,074,000 after acquiring an additional 6,700 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

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.