Carlisle Companies Incorporated (NYSE:CSL) VP Sells $236,978.00 in Stock

Carlisle Companies Incorporated (NYSE:CSLGet Free Report) VP David W. Smith sold 700 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $338.54, for a total transaction of $236,978.00. Following the sale, the vice president now directly owns 2,834 shares in the company, valued at approximately $959,422.36. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Carlisle Companies Trading Up 1.0 %

CSL traded up $3.35 on Monday, hitting $349.46. The company had a trading volume of 191,564 shares, compared to its average volume of 263,633. Carlisle Companies Incorporated has a 12-month low of $203.65 and a 12-month high of $350.49. The business’s fifty day simple moving average is $309.60 and its 200 day simple moving average is $281.54. The company has a market cap of $17.07 billion, a PE ratio of 22.90, a PEG ratio of 1.28 and a beta of 0.92. The company has a quick ratio of 3.73, a current ratio of 4.18 and a debt-to-equity ratio of 0.78.

Carlisle Companies (NYSE:CSLGet Free Report) last announced its quarterly earnings data on Tuesday, February 6th. The conglomerate reported $4.17 earnings per share for the quarter, beating analysts’ consensus estimates of $3.47 by $0.70. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.09 billion. Carlisle Companies had a net margin of 15.07% and a return on equity of 27.90%. The business’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period in the previous year, the company earned $3.92 earnings per share. Equities research analysts expect that Carlisle Companies Incorporated will post 18.03 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Friday, February 16th will be given a dividend of $0.85 per share. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.97%. Carlisle Companies’s payout ratio is currently 22.31%.

Wall Street Analysts Forecast Growth

CSL has been the subject of several analyst reports. Robert W. Baird increased their price target on shares of Carlisle Companies from $350.00 to $354.00 and gave the company an “outperform” rating in a research report on Wednesday, January 17th. upgraded Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from, Carlisle Companies currently has an average rating of “Moderate Buy” and a consensus target price of $310.67.

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Institutional Investors Weigh In On Carlisle Companies

Hedge funds and other institutional investors have recently modified their holdings of the company. Allworth Financial LP lifted its stake in shares of Carlisle Companies by 88.9% during the fourth quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock valued at $27,000 after buying an additional 40 shares during the period. Coppell Advisory Solutions Corp. bought a new position in shares of Carlisle Companies in the 4th quarter worth about $29,000. Principal Securities Inc. bought a new stake in Carlisle Companies in the 4th quarter valued at about $32,000. Tennessee Valley Asset Management Partners bought a new stake in shares of Carlisle Companies during the 4th quarter worth about $40,000. Finally, Artemis Wealth Advisors LLC acquired a new position in shares of Carlisle Companies in the 2nd quarter worth approximately $42,000. 90.70% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Company Profile

(Get Free Report)

Carlisle Companies Incorporated operates as a manufacturer of engineered products in the United States, Europe, Asia, Mexico, the United Kingdom, and internationally. It operates through four segments: Carlisle Construction Materials, Carlisle Weatherproofing Technologies, Carlisle Interconnect Technologies, and Carlisle Fluid Technologies.

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