FourThought Financial Partners LLC Trims Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

FourThought Financial Partners LLC decreased its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 8.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,181 shares of the conglomerate’s stock after selling 102 shares during the period. FourThought Financial Partners LLC’s holdings in Carlisle Companies were worth $369,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CSL. Commonwealth Equity Services LLC increased its holdings in shares of Carlisle Companies by 0.5% in the third quarter. Commonwealth Equity Services LLC now owns 14,508 shares of the conglomerate’s stock valued at $3,762,000 after buying an additional 74 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in 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 buying an additional 9,047 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Carlisle Companies by 12.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 7,616 shares of the conglomerate’s stock valued at $1,975,000 after buying an additional 871 shares during the last quarter. Brown Advisory Inc. grew its position in Carlisle Companies by 3.6% in the 3rd quarter. Brown Advisory Inc. now owns 37,231 shares of the conglomerate’s stock valued at $9,653,000 after purchasing an additional 1,309 shares during the period. Finally, Forsta AP Fonden raised its stake in Carlisle Companies by 515.4% in the 3rd quarter. Forsta AP Fonden now owns 8,000 shares of the conglomerate’s stock valued at $2,074,000 after acquiring an additional 6,700 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Carlisle Companies Trading Up 1.9 %

Shares of Carlisle Companies stock traded up $7.41 on Monday, hitting $405.88. The stock had a trading volume of 94,791 shares, compared to its average volume of 284,192. The stock’s 50-day simple moving average is $376.23 and its two-hundred day simple moving average is $325.57. The company has a quick ratio of 2.61, a current ratio of 2.95 and a debt-to-equity ratio of 0.66. The stock has a market cap of $19.43 billion, a price-to-earnings ratio of 23.10, a PEG ratio of 1.36 and a beta of 0.90. Carlisle Companies Incorporated has a one year low of $205.10 and a one year high of $415.00.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share for the quarter, beating the consensus estimate of $2.74 by $0.98. Carlisle Companies had a return on equity of 30.41% and a net margin of 17.13%. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $993.06 million. As a group, sell-side analysts predict that Carlisle Companies Incorporated will post 19.51 EPS for the current year.

Carlisle Companies Dividend Announcement

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

Analyst Upgrades and Downgrades

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

Insider Transactions at Carlisle Companies

In related news, CEO D Christian Koch sold 6,454 shares of the business’s stock in a transaction 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 sale, the chief executive officer now directly owns 86,652 shares of the company’s stock, valued at approximately $30,114,169.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO D Christian Koch sold 6,454 shares of Carlisle Companies stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $347.53, for a total transaction of $2,242,958.62. Following the completion of the transaction, the chief executive officer now directly owns 86,652 shares in the company, valued at $30,114,169.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lori A. Snyder sold 8,101 shares of the company’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the completion of the sale, the insider now directly owns 5,212 shares of the company’s stock, valued at approximately $1,770,203.68. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,255 shares of company stock valued at $5,231,360. 1.50% of the stock is owned by insiders.

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.