Inspire Advisors LLC Raises Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Inspire Advisors LLC lifted its position in Carlisle Companies Incorporated (NYSE:CSL) by 2.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,418 shares of the conglomerate’s stock after acquiring an additional 69 shares during the quarter. Inspire Advisors LLC’s holdings in Carlisle Companies were worth $892,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Capital Performance Advisors LLP bought a new stake in Carlisle Companies during the 3rd quarter valued at about $25,000. True Wealth Design LLC lifted its holdings in Carlisle Companies by 1,400.0% during the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock valued at $34,000 after buying an additional 70 shares in the last quarter. Quarry LP lifted its holdings in Carlisle Companies by 75.0% during the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock valued at $60,000 after buying an additional 57 shares in the last quarter. UMB Bank n.a. lifted its holdings in Carlisle Companies by 55.4% during the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock valued at $69,000 after buying an additional 67 shares in the last quarter. Finally, Covestor Ltd lifted its holdings in Carlisle Companies by 19.3% during the 3rd quarter. Covestor Ltd now owns 198 shares of the conglomerate’s stock valued at $89,000 after buying an additional 32 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Oppenheimer reiterated 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. Truist Financial assumed coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They set a “hold” rating and a $460.00 price objective for the company. Loop Capital decreased their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a report on Friday, January 10th. Finally, The Goldman Sachs Group reduced their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Carlisle Companies has an average rating of “Moderate Buy” and a consensus target price of $476.00.

Insider Transactions at Carlisle Companies

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of the business’s stock in a transaction that occurred 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 owns 815 shares of the company’s stock, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $349.24, for a total transaction of $366,702.00. Following the sale, the director now directly owns 2,665 shares in the company, valued at approximately $930,724.60. This represents 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.

Carlisle Companies Trading Up 0.0 %

NYSE:CSL opened at $336.26 on Tuesday. Carlisle Companies Incorporated has a one year low of $321.93 and a one year high of $481.26. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The firm has a market cap of $14.98 billion, a P/E ratio of 12.17, a P/E/G ratio of 1.03 and a beta of 0.99. The firm has a 50-day simple moving average of $365.32 and a 200-day simple moving average of $408.35.

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, topping analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. During the same period in the prior year, the company posted $4.17 EPS. Equities analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies’s payout ratio is currently 14.48%.

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.