Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC decreased its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 0.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 438,310 shares of the conglomerate’s stock after selling 3,104 shares during the period. Corient Private Wealth LLC owned approximately 0.97% of Carlisle Companies worth $161,666,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. True Wealth Design LLC grew its holdings in shares of Carlisle Companies by 1,400.0% in the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 70 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Carlisle Companies by 95.1% in the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate’s stock worth $59,000 after acquiring an additional 78 shares during the period. Quarry LP grew its holdings in shares of Carlisle Companies by 75.0% in the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after acquiring an additional 57 shares during the period. UMB Bank n.a. grew 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 period. Finally, Huntington National Bank grew its holdings in shares of Carlisle Companies by 57.0% in the 3rd quarter. Huntington National Bank now owns 212 shares of the conglomerate’s stock worth $95,000 after acquiring an additional 77 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Insider Transactions at Carlisle Companies

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

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CSL. Loop Capital reduced their target price on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research note on Friday, January 10th. Oppenheimer reiterated an “outperform” rating and set a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. 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 issued a buy rating to the stock. According to data from MarketBeat.com, Carlisle Companies has an average rating of “Moderate Buy” and an average price target of $476.00.

Carlisle Companies Price Performance

CSL stock opened at $335.95 on Friday. Carlisle Companies Incorporated has a 52-week low of $321.93 and a 52-week high of $481.26. The stock’s fifty day simple moving average is $362.29 and its 200-day simple moving average is $405.95. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $14.97 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 1.03 and a beta of 0.99.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) 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 previous year, the business earned $4.17 EPS. Equities research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio (DPR) is 14.48%.

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.