Boston Financial Mangement LLC Purchases 2,627 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Boston Financial Mangement LLC grew its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 89,962 shares of the conglomerate’s stock after acquiring an additional 2,627 shares during the quarter. Carlisle Companies comprises 1.0% of Boston Financial Mangement LLC’s holdings, making the stock its 28th largest holding. Boston Financial Mangement LLC owned 0.20% of Carlisle Companies worth $33,182,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CSL. Capital Performance Advisors LLP bought a new stake in Carlisle Companies during the 3rd quarter valued at $25,000. 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 valued at $34,000 after buying an additional 70 shares during the last quarter. Quarry LP increased its position in shares of Carlisle Companies by 75.0% during the third quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after acquiring an additional 57 shares in the last quarter. UMB Bank n.a. raised its holdings 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 acquiring an additional 67 shares during the last quarter. Finally, Covestor Ltd lifted its position in Carlisle Companies by 19.3% in the 3rd quarter. Covestor Ltd now owns 198 shares of the conglomerate’s stock valued at $89,000 after acquiring an additional 32 shares in the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $349.24, for a total value of $366,702.00. Following the sale, the director now directly owns 2,665 shares in the company, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Mehul Patel sold 150 shares of the stock in a transaction dated Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the transaction, the vice president now owns 815 shares of the company’s stock, valued at $285,681.95. This represents a 15.54 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Carlisle Companies Stock Performance

Shares of Carlisle Companies stock opened at $350.89 on Thursday. The business’s fifty day simple moving average is $379.07 and its 200 day simple moving average is $413.65. 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 Incorporated has a 12 month low of $339.10 and a 12 month high of $481.26. The firm has a market capitalization of $15.91 billion, a P/E ratio of 12.70, a price-to-earnings-growth ratio of 1.07 and a beta of 0.96.

Carlisle Companies (NYSE:CSL) last released its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, topping analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a return on equity of 33.14% and a net margin of 26.22%. During the same quarter in the previous year, the business posted $4.17 EPS. As a group, analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Tuesday, February 18th. Carlisle Companies’s payout ratio is 14.48%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Loop Capital decreased their price objective on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a report on Friday, January 10th. Oppenheimer reaffirmed an “outperform” rating and set a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Truist Financial began coverage on Carlisle Companies in a research report on Thursday, November 14th. They issued a “hold” rating and a $460.00 price target for the company. The Goldman Sachs Group cut their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Finally, Robert W. Baird reduced their target price on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Two 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.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $476.00.

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.