63,809 Shares in Carlisle Companies Incorporated (NYSE:CSL) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new stake in shares of Carlisle Companies Incorporated (NYSE:CSL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 63,809 shares of the conglomerate’s stock, valued at approximately $23,535,000. Proficio Capital Partners LLC owned about 0.14% of Carlisle Companies as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new position in Carlisle Companies during the third quarter valued at approximately $25,000. True Wealth Design LLC grew its holdings in 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 purchasing an additional 70 shares during the last quarter. Quarry LP grew its holdings in Carlisle Companies by 75.0% during the third quarter. Quarry LP now owns 133 shares of the conglomerate’s stock valued at $60,000 after purchasing an additional 57 shares during the last quarter. UMB Bank n.a. grew its holdings in Carlisle Companies by 55.4% during the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock valued at $69,000 after purchasing an additional 67 shares during the last quarter. Finally, Covestor Ltd grew its holdings in Carlisle Companies by 19.3% during the third quarter. Covestor Ltd now owns 198 shares of the conglomerate’s stock valued at $89,000 after purchasing an additional 32 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Insider Buying and Selling

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

Carlisle Companies Stock Up 1.5 %

Shares of CSL stock opened at $340.26 on Friday. The stock has a market cap 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. Carlisle Companies Incorporated has a one year low of $332.04 and a one year high of $481.26. The stock has a fifty day moving average price of $370.24 and a 200 day moving average price of $411.25. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. During the same quarter in the previous year, the firm earned $4.17 earnings per share. Analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a $1.00 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a yield of 1.18%. Carlisle Companies’s payout ratio is 14.48%.

Analysts Set New Price Targets

Several brokerages have commented on CSL. The Goldman Sachs Group lowered their price target on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. 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 objective for the company. Oppenheimer reissued an “outperform” rating and issued a $495.00 price objective (down from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Finally, Loop Capital reduced their price objective on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a research report on Friday, January 10th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target 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.