Advisor OS LLC Acquires Shares of 593 Carlisle Companies Incorporated (NYSE:CSL)

Advisor OS LLC purchased a new position in Carlisle Companies Incorporated (NYSE:CSL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 593 shares of the conglomerate’s stock, valued at approximately $219,000.

A number of other large investors also recently modified their holdings of the business. Capital Performance Advisors LLP acquired a new stake in shares of Carlisle Companies in the 3rd quarter worth about $25,000. True Wealth Design LLC increased its stake in Carlisle Companies by 1,400.0% during the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock valued at $34,000 after buying an additional 70 shares during the period. Quarry LP grew its stake in shares of Carlisle Companies by 75.0% in the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after purchasing an additional 57 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Carlisle Companies by 55.4% in the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock worth $69,000 after purchasing an additional 67 shares during the last quarter. Finally, Covestor Ltd grew its stake in shares of Carlisle Companies by 19.3% in the 3rd quarter. Covestor Ltd now owns 198 shares of the conglomerate’s stock worth $89,000 after purchasing an additional 32 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Truist Financial assumed coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They issued a “hold” rating and a $460.00 target price for the company. Loop Capital decreased their price target on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a report on Friday, January 10th. The Goldman Sachs Group reduced their target price on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Finally, Oppenheimer reissued an “outperform” rating and issued a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $476.00.

Carlisle Companies Trading Up 1.5 %

Shares of CSL stock opened at $340.26 on Friday. Carlisle Companies Incorporated has a 1 year low of $332.04 and a 1 year high of $481.26. The firm’s fifty day simple moving average is $370.24 and its 200 day simple moving average is $411.25. The firm has a market capitalization of $15.16 billion, a P/E ratio of 12.31, a price-to-earnings-growth ratio of 1.03 and a beta of 0.96. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, topping analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. During the same quarter in the prior year, the company earned $4.17 EPS. As a group, sell-side analysts predict 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, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a yield of 1.18%. Carlisle Companies’s dividend payout ratio is currently 14.48%.

Insider Activity

In other news, VP Mehul Patel sold 150 shares of the business’s stock in a transaction on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total value of $52,579.50. Following the sale, the vice president now owns 815 shares in the company, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of $349.24, for a total transaction of $366,702.00. Following the completion of the sale, the director now owns 2,665 shares in the company, valued at $930,724.60. This represents a 28.26 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

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.