JT Stratford LLC Buys 121 Shares of Carlisle Companies Incorporated (NYSE:CSL)

JT Stratford LLC grew its stake in Carlisle Companies Incorporated (NYSE:CSL) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,505 shares of the conglomerate’s stock after purchasing an additional 121 shares during the quarter. JT Stratford LLC’s holdings in Carlisle Companies were worth $1,662,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Diversify Advisory Services LLC boosted its stake 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 valued at $586,000 after purchasing an additional 26 shares in the last quarter. GeoWealth Management LLC boosted its position in Carlisle Companies by 25.0% during the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate’s stock worth $53,000 after buying an additional 29 shares during the period. CIBC Private Wealth Group LLC boosted its position in Carlisle Companies by 2.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate’s stock worth $535,000 after buying an additional 38 shares during the period. Metis Global Partners LLC boosted its position in Carlisle Companies by 6.4% during the 4th quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate’s stock worth $238,000 after buying an additional 39 shares during the period. Finally, TIAA Trust National Association boosted its position in Carlisle Companies by 9.2% during the 4th quarter. TIAA Trust National Association now owns 581 shares of the conglomerate’s stock worth $214,000 after buying an additional 49 shares during the period. 89.52% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on CSL. Robert W. Baird lifted their target price on shares of Carlisle Companies from $455.00 to $460.00 and gave the stock an “outperform” rating in a research report on Thursday, April 24th. Zelman & Associates upgraded shares of Carlisle Companies from an “underperform” rating to a “neutral” rating in a research report on Monday, April 14th. Truist Financial cut their target price on shares of Carlisle Companies from $420.00 to $390.00 and set a “hold” rating on the stock in a research report on Thursday, April 24th. Finally, StockNews.com upgraded shares of Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Friday, May 16th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $454.00.

Carlisle Companies Stock Performance

NYSE:CSL opened at $389.05 on Thursday. The firm has a market capitalization of $16.83 billion, a P/E ratio of 14.08, a P/E/G ratio of 1.03 and a beta of 1.07. The company has a fifty day moving average of $361.94 and a 200-day moving average of $380.73. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. Carlisle Companies Incorporated has a twelve month low of $311.41 and a twelve month high of $481.26.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, beating analysts’ consensus estimates of $3.53 by $0.08. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. Carlisle Companies’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.72 EPS. As a group, sell-side analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 19th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a yield of 1.03%. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.89%.

Carlisle Companies 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.