Advisor OS LLC Invests $219,000 in Carlisle Companies Incorporated (NYSE:CSL)

Advisor OS LLC purchased a new position 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. The fund purchased 593 shares of the conglomerate’s stock, valued at approximately $219,000.

Other institutional investors have also modified their holdings of the company. Franklin Resources Inc. increased its position in shares of Carlisle Companies by 1.4% during the 3rd quarter. Franklin Resources Inc. now owns 1,177,014 shares of the conglomerate’s stock worth $566,061,000 after purchasing an additional 16,303 shares during the last quarter. FMR LLC lifted its stake in Carlisle Companies by 29.6% during the third quarter. FMR LLC now owns 955,289 shares of the conglomerate’s stock worth $429,641,000 after purchasing an additional 218,002 shares during the last quarter. Geode Capital Management LLC lifted its stake in Carlisle Companies by 13.3% during the third quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock worth $391,827,000 after purchasing an additional 102,436 shares during the last quarter. Truist Financial Corp lifted its stake in Carlisle Companies by 3.9% during the fourth quarter. Truist Financial Corp now owns 362,695 shares of the conglomerate’s stock worth $133,776,000 after purchasing an additional 13,505 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Carlisle Companies by 14.1% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 338,343 shares of the conglomerate’s stock valued at $152,170,000 after buying an additional 41,766 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Insider Transactions at Carlisle Companies

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

Carlisle Companies Stock Up 1.5 %

Shares of NYSE:CSL opened at $340.26 on Friday. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. Carlisle Companies Incorporated has a 52-week low of $332.04 and a 52-week high of $481.26. The stock’s fifty day simple moving average is $370.24 and its 200-day simple moving average is $411.25. The company has a market capitalization of $15.16 billion, a P/E ratio of 12.31, a P/E/G ratio of 1.03 and a beta of 0.96.

Carlisle Companies (NYSE:CSL) last released its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, topping the consensus estimate 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 prior year, the firm earned $4.17 EPS. As a group, equities research analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

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

Analysts Set New Price Targets

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

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.