Inspire Investing LLC Has $2.47 Million Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Inspire Investing LLC decreased its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 1.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,700 shares of the conglomerate’s stock after selling 90 shares during the quarter. Inspire Investing LLC’s holdings in Carlisle Companies were worth $2,471,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Driehaus Capital Management LLC lifted its holdings in Carlisle Companies by 44.6% during the 2nd quarter. Driehaus Capital Management LLC now owns 56,689 shares of the conglomerate’s stock worth $22,971,000 after buying an additional 17,472 shares in the last quarter. KBC Group NV lifted its holdings in Carlisle Companies by 34.9% during the 3rd quarter. KBC Group NV now owns 10,646 shares of the conglomerate’s stock worth $4,788,000 after buying an additional 2,752 shares in the last quarter. Pensionfund Sabic acquired a new position in Carlisle Companies during the 4th quarter worth $1,291,000. Geode Capital Management LLC lifted its holdings in Carlisle Companies by 13.3% during the 3rd quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock worth $391,827,000 after buying an additional 102,436 shares in the last quarter. Finally, Quest Partners LLC lifted its holdings in Carlisle Companies by 624.8% during the 3rd quarter. Quest Partners LLC now owns 4,646 shares of the conglomerate’s stock worth $2,090,000 after buying an additional 4,005 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Truist Financial started coverage on Carlisle Companies in a report on Thursday, November 14th. They set a “hold” rating and a $460.00 price objective on the stock. Robert W. Baird cut their price target 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. Loop Capital cut their price target 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. The Goldman Sachs Group cut their price target on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, Oppenheimer reissued an “outperform” rating and issued a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $476.00.

Carlisle Companies Price Performance

CSL opened at $402.46 on Thursday. 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 12 month low of $302.08 and a 12 month high of $481.26. The company has a fifty day simple moving average of $408.45 and a 200 day simple moving average of $420.43. The stock has a market cap of $18.24 billion, a P/E ratio of 14.24, a P/E/G ratio of 1.21 and a beta of 0.96.

Carlisle Companies (NYSE:CSL) last released 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 firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the prior year, the company earned $4.68 EPS. Carlisle Companies’s quarterly revenue was up 5.9% on a year-over-year basis. On average, research analysts expect that Carlisle Companies Incorporated will post 20.23 EPS for the current year.

Carlisle Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, November 15th were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend was Friday, November 15th. Carlisle Companies’s dividend payout ratio is currently 14.15%.

Insider Activity at Carlisle Companies

In other Carlisle Companies news, VP David W. Smith sold 275 shares of the 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 transaction, the vice president now owns 2,834 shares in the company, valued at approximately $1,256,623.94. This represents a 8.85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.50% of the stock is owned by corporate insiders.

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.