Leith Wheeler Investment Counsel Ltd. Has $14.03 Million Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Leith Wheeler Investment Counsel Ltd. increased its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 0.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,797 shares of the conglomerate’s stock after acquiring an additional 30 shares during the period. Carlisle Companies comprises about 1.4% of Leith Wheeler Investment Counsel Ltd.’s investment portfolio, making the stock its 17th biggest position. Leith Wheeler Investment Counsel Ltd. owned 0.07% of Carlisle Companies worth $14,027,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Allworth Financial LP raised its stake in shares of Carlisle Companies by 88.9% in the fourth quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock valued at $27,000 after acquiring an additional 40 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Carlisle Companies in the 4th quarter valued at $31,000. Principal Securities Inc. bought a new position in shares of Carlisle Companies in the 4th quarter worth $32,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of Carlisle Companies during the fourth quarter worth $40,000. Finally, Robeco Institutional Asset Management B.V. increased its holdings in Carlisle Companies by 38.1% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 13,841 shares of the conglomerate’s stock valued at $43,000 after purchasing an additional 3,815 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Oppenheimer boosted their price objective on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a report on Friday, April 26th. The Goldman Sachs Group began coverage on Carlisle Companies in a research note on Wednesday, April 3rd. They set a “buy” rating and a $455.00 price objective on the stock. Robert W. Baird lifted their target price on Carlisle Companies from $435.00 to $465.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Finally, Loop Capital increased their price target on Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a report on Monday, April 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $416.00.

Carlisle Companies Stock Performance

NYSE:CSL traded up $9.20 during mid-day trading on Friday, hitting $435.25. The stock had a trading volume of 82,580 shares, compared to its average volume of 312,504. Carlisle Companies Incorporated has a twelve month low of $235.79 and a twelve month high of $437.92. The company has a debt-to-equity ratio of 0.66, a quick ratio of 2.61 and a current ratio of 2.95. The stock has a market cap of $20.72 billion, a price-to-earnings ratio of 24.69, a PEG ratio of 1.39 and a beta of 0.90. The company’s 50 day simple moving average is $414.02 and its 200 day simple moving average is $371.78.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Thursday, April 25th. The conglomerate reported $3.72 EPS for the quarter, topping 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 the consensus estimate of $993.06 million. On average, equities research analysts forecast that Carlisle Companies Incorporated will post 19.93 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Monday, May 20th were issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend was Friday, May 17th. Carlisle Companies’s payout ratio is 19.71%.

Insider Activity at Carlisle Companies

In other news, CAO Stephen Aldrich sold 1,095 shares of Carlisle Companies stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $397.50, for a total transaction of $435,262.50. Following the completion of the sale, the chief accounting officer now owns 1,624 shares of the company’s stock, valued at $645,540. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO D Christian Koch sold 54,927 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $420.06, for a total value of $23,072,635.62. Following the completion of the transaction, the chief executive officer now owns 86,652 shares in the company, valued at approximately $36,399,039.12. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Stephen Aldrich sold 1,095 shares of the company’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $397.50, for a total transaction of $435,262.50. Following the completion of the transaction, the chief accounting officer now owns 1,624 shares of the company’s stock, valued at $645,540. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 58,059 shares of company stock worth $24,334,065. Insiders own 1.50% of the company’s stock.

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.