10,189 Shares in Carlisle Companies Incorporated $CSL Acquired by Chilton Investment Co. Inc.

Chilton Investment Co. Inc. bought a new position in Carlisle Companies Incorporated (NYSE:CSL) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,189 shares of the conglomerate’s stock, valued at approximately $3,352,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC bought a new stake in shares of Carlisle Companies in the 2nd quarter worth $25,000. Twin Peaks Wealth Advisors LLC bought a new position in Carlisle Companies during the second quarter valued at about $25,000. Traub Capital Management LLC bought a new position in Carlisle Companies during the second quarter valued at about $28,000. Vermillion & White Wealth Management Group LLC grew its holdings in Carlisle Companies by 69.6% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 78 shares of the conglomerate’s stock worth $29,000 after acquiring an additional 32 shares during the period. Finally, Osterweis Capital Management Inc. acquired a new position in Carlisle Companies during the second quarter worth about $36,000. 89.52% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CSL has been the subject of a number of research analyst reports. Robert W. Baird set a $420.00 price target on shares of Carlisle Companies in a report on Wednesday, February 4th. William Blair initiated coverage on shares of Carlisle Companies in a research note on Friday, January 30th. They issued a “market perform” rating on the stock. Oppenheimer boosted their target price on shares of Carlisle Companies from $400.00 to $435.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Carlisle Companies in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. raised their target price on shares of Carlisle Companies from $400.00 to $420.00 and gave the stock an “overweight” rating in a report on Monday, March 9th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $399.17.

Carlisle Companies Trading Down 0.7%

Shares of NYSE CSL opened at $341.13 on Friday. Carlisle Companies Incorporated has a 12 month low of $293.43 and a 12 month high of $435.92. The company has a market cap of $13.95 billion, a price-to-earnings ratio of 19.94, a P/E/G ratio of 1.09 and a beta of 0.91. The company has a quick ratio of 2.49, a current ratio of 3.09 and a debt-to-equity ratio of 1.60. The business has a fifty day simple moving average of $372.70 and a 200-day simple moving average of $347.51.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Tuesday, February 3rd. The conglomerate reported $3.90 earnings per share for the quarter, beating analysts’ consensus estimates of $3.60 by $0.30. The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.11 billion. Carlisle Companies had a return on equity of 41.58% and a net margin of 14.76%.Carlisle Companies’s revenue for the quarter was up .4% on a year-over-year basis. During the same quarter last year, the company posted $4.47 EPS. Sell-side analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th were issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Tuesday, February 17th. Carlisle Companies’s dividend payout ratio (DPR) is presently 25.72%.

Insider Activity

In related news, VP David W. Smith sold 1,800 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $414.05, for a total value of $745,290.00. Following the completion of the transaction, the vice president owned 3,697 shares of the company’s stock, valued at approximately $1,530,742.85. This trade represents a 32.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Stephen Schwar sold 6,049 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $417.36, for a total transaction of $2,524,610.64. Following the completion of the transaction, the insider directly owned 8,540 shares of the company’s stock, valued at $3,564,254.40. This represents a 41.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 68,289 shares of company stock valued at $28,125,467. 1.50% of the stock is currently owned by insiders.

About Carlisle Companies

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.