Carlisle Companies Incorporated (NYSE:CSL) Shares Acquired by Diversify Advisory Services LLC

Diversify Advisory Services LLC increased its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 1.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,587 shares of the conglomerate’s stock after purchasing an additional 26 shares during the period. Diversify Advisory Services LLC’s holdings in Carlisle Companies were worth $586,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of CSL. Capital Performance Advisors LLP purchased a new position in shares of Carlisle Companies in the third quarter valued at approximately $25,000. ORG Wealth Partners LLC acquired a new stake in Carlisle Companies during the 3rd quarter worth $32,000. True Wealth Design LLC grew its holdings in shares of Carlisle Companies by 1,400.0% during the third quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock worth $34,000 after buying an additional 70 shares in the last quarter. UMB Bank n.a. raised its position in shares of Carlisle Companies by 317.2% in the third quarter. UMB Bank n.a. now owns 121 shares of the conglomerate’s stock valued at $54,000 after buying an additional 92 shares during the last quarter. Finally, Quarry LP lifted its stake in shares of Carlisle Companies by 75.0% in the third quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after buying an additional 57 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Stock Up 2.2 %

Shares of NYSE:CSL opened at $408.62 on Wednesday. The company has a market capitalization of $18.52 billion, a price-to-earnings ratio of 14.46, a PEG ratio of 1.18 and a beta of 0.96. Carlisle Companies Incorporated has a 12-month low of $302.08 and a 12-month high of $481.26. The business has a 50-day moving average price of $409.49 and a 200 day moving average price of $420.56. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share for the quarter, missing analysts’ consensus estimates of $5.82 by ($0.04). The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.38 billion. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. Carlisle Companies’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.68 earnings per share. Sell-side analysts expect that Carlisle Companies Incorporated will post 20.23 EPS for the current year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th were given a dividend of $1.00 per share. The ex-dividend date was Friday, November 15th. This represents a $4.00 annualized dividend and a dividend yield of 0.98%. Carlisle Companies’s dividend payout ratio is currently 14.15%.

Insider Activity

In other Carlisle Companies news, VP David W. Smith sold 275 shares of Carlisle Companies stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $443.41, for a total value of $121,937.75. Following the completion of the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at $1,256,623.94. The trade was a 8.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

CSL has been the subject of a number of recent research reports. Robert W. Baird cut their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Loop Capital reduced their price objective on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research report on Friday, January 10th. Oppenheimer restated an “outperform” rating and issued a $495.00 target price (down from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Truist Financial assumed coverage on shares of Carlisle Companies in a research report on Thursday, November 14th. They set a “hold” rating and a $460.00 price target on the stock. Finally, The Goldman Sachs Group cut their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $476.00.

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.