Tilia Fiduciary Partners Inc. Grows Position in Carlisle Companies Incorporated (NYSE:CSL)

Tilia Fiduciary Partners Inc. raised its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,211 shares of the conglomerate’s stock after acquiring an additional 254 shares during the quarter. Carlisle Companies accounts for about 1.8% of Tilia Fiduciary Partners Inc.’s holdings, making the stock its 16th biggest position. Tilia Fiduciary Partners Inc.’s holdings in Carlisle Companies were worth $2,660,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. National Bank of Canada FI grew its position in Carlisle Companies by 326.4% during the second quarter. National Bank of Canada FI now owns 4,767 shares of the conglomerate’s stock worth $1,896,000 after buying an additional 3,649 shares during the period. Acadian Asset Management LLC increased its stake in Carlisle Companies by 1,886.2% in the 2nd quarter. Acadian Asset Management LLC now owns 15,532 shares of the conglomerate’s stock valued at $6,288,000 after purchasing an additional 14,750 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in Carlisle Companies during the second quarter worth $197,000. Choreo LLC purchased a new stake in Carlisle Companies during the second quarter worth $259,000. Finally, Daiwa Securities Group Inc. grew its holdings in Carlisle Companies by 39.2% in the second quarter. Daiwa Securities Group Inc. now owns 18,155 shares of the conglomerate’s stock valued at $7,357,000 after purchasing an additional 5,110 shares during the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Carlisle Companies Trading Down 0.9 %

Shares of CSL traded down $3.35 on Friday, hitting $369.44. 324,080 shares of the stock traded hands, compared to its average volume of 283,959. The firm has a market capitalization of $16.75 billion, a P/E ratio of 13.07, a P/E/G ratio of 1.41 and a beta of 0.96. The company has a quick ratio of 2.29, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. Carlisle Companies Incorporated has a 1 year low of $297.25 and a 1 year high of $481.26. The stock’s 50 day moving average is $417.96 and its two-hundred day moving average is $421.53.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing analysts’ consensus estimates of $5.82 by ($0.04). Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the prior year, the firm earned $4.68 EPS. Carlisle Companies’s revenue for the quarter was up 5.9% on a year-over-year basis. As a group, sell-side analysts predict that Carlisle Companies Incorporated will post 20.25 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, November 15th were issued a $1.00 dividend. The ex-dividend date was Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a yield of 1.08%. Carlisle Companies’s payout ratio is 14.15%.

Insider Buying and Selling

In other news, VP David W. Smith sold 275 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $443.41, for a total transaction of $121,937.75. Following the completion of the sale, the vice president now owns 2,834 shares in the company, valued at approximately $1,256,623.94. The trade was a 8.85 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on CSL shares. Oppenheimer reaffirmed an “outperform” rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Truist Financial assumed coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They issued a “hold” rating and a $460.00 price target on the stock. Loop Capital dropped their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a research note on Friday. Finally, Robert W. Baird reduced their target price on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $474.00.

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.