Polianta Ltd Makes New Investment in Carlisle Companies Incorporated $CSL

Polianta Ltd acquired a new position in shares of Carlisle Companies Incorporated (NYSE:CSL) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,600 shares of the conglomerate’s stock, valued at approximately $1,471,000.

A number of other institutional investors also recently modified their holdings of CSL. Waycross Partners LLC grew its position in Carlisle Companies by 35.4% during the 4th quarter. Waycross Partners LLC now owns 54,465 shares of the conglomerate’s stock worth $17,421,000 after acquiring an additional 14,228 shares during the last quarter. Dakota Wealth Management bought a new position in Carlisle Companies in the 4th quarter valued at $265,000. Sendero Wealth Management LLC boosted its stake in Carlisle Companies by 6.8% in the fourth quarter. Sendero Wealth Management LLC now owns 2,005 shares of the conglomerate’s stock worth $641,000 after purchasing an additional 127 shares in the last quarter. Thompson Davis & CO. Inc. boosted its stake in Carlisle Companies by 0.3% in the fourth quarter. Thompson Davis & CO. Inc. now owns 28,982 shares of the conglomerate’s stock worth $9,270,000 after purchasing an additional 100 shares in the last quarter. Finally, Tilia Fiduciary Partners Inc. grew its holdings in shares of Carlisle Companies by 5.2% during the fourth quarter. Tilia Fiduciary Partners Inc. now owns 7,926 shares of the conglomerate’s stock worth $2,535,000 after purchasing an additional 393 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Trading Up 0.1%

CSL stock opened at $325.98 on Tuesday. The company has a quick ratio of 2.49, a current ratio of 3.09 and a debt-to-equity ratio of 1.60. Carlisle Companies Incorporated has a twelve month low of $293.43 and a twelve month high of $435.92. The company has a market cap of $13.33 billion, a P/E ratio of 19.05, a PEG ratio of 1.04 and a beta of 0.91. The business has a fifty day moving average of $369.18 and a 200-day moving average of $343.23.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, February 3rd. The conglomerate reported $3.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.60 by $0.30. The business had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Carlisle Companies had a return on equity of 41.58% and a net margin of 14.76%.The firm’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter last year, the business earned $4.47 earnings per share. As a group, equities research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

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

Insider Buying and Selling at Carlisle Companies

In related news, insider Stephen Schwar sold 6,049 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $417.36, for a total value of $2,524,610.64. Following the transaction, the insider directly owned 8,540 shares in the company, valued at $3,564,254.40. This represents a 41.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO D Christian Koch sold 36,260 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $413.38, for a total transaction of $14,989,158.80. Following the completion of the transaction, the chief executive officer directly owned 113,238 shares in the company, valued at approximately $46,810,324.44. The trade was a 24.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 68,289 shares of company stock worth $28,125,467 in the last 90 days. Corporate insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Carlisle Companies in a report on Friday. William Blair reissued a “market perform” rating on shares of Carlisle Companies in a report on Wednesday, March 18th. Robert W. Baird set a $420.00 price objective on shares of Carlisle Companies in a research report on Wednesday, February 4th. JPMorgan Chase & Co. boosted their target price on shares of Carlisle Companies from $400.00 to $420.00 and gave the stock an “overweight” rating in a research note on Monday, March 9th. Finally, Zacks Research upgraded shares of Carlisle Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Four investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $399.17.

Carlisle Companies Profile

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.