Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. raised its position in Carlisle Companies Incorporated (NYSE:CSL) by 13.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,459 shares of the conglomerate’s stock after purchasing an additional 780 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Carlisle Companies were worth $2,382,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Evergreen Capital Management LLC acquired a new position in shares of Carlisle Companies in the second quarter valued at approximately $385,000. Marshall Wace LLP purchased a new stake in Carlisle Companies during the second quarter worth approximately $254,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in shares of Carlisle Companies by 57.5% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 9,157 shares of the conglomerate’s stock valued at $3,711,000 after buying an additional 3,343 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Carlisle Companies during the second quarter worth about $10,198,000. Finally, Squarepoint Ops LLC increased its position in Carlisle Companies by 72.1% during the second quarter. Squarepoint Ops LLC now owns 6,690 shares of the conglomerate’s stock worth $2,711,000 after buying an additional 2,802 shares during the period. 89.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. The Goldman Sachs Group decreased their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Truist Financial began coverage on Carlisle Companies in a report on Thursday, November 14th. They issued a “hold” rating and a $460.00 target price for the company. Robert W. Baird reduced their price target on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Loop Capital decreased their target price on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research report on Friday, January 10th. Finally, Oppenheimer restated an “outperform” rating and set a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $476.00.

Carlisle Companies Price Performance

Shares of NYSE:CSL opened at $405.68 on Friday. The company has a market cap of $18.39 billion, a P/E ratio of 14.36, a P/E/G ratio of 1.21 and a beta of 0.96. The business has a fifty day simple moving average of $407.55 and a 200-day simple moving average of $420.33. Carlisle Companies Incorporated has a 52 week low of $302.08 and a 52 week high of $481.26. 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 (NYSE:CSL) last posted its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing the consensus estimate of $5.82 by ($0.04). The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the firm earned $4.68 EPS. Equities research analysts forecast that Carlisle Companies Incorporated will post 20.23 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, November 15th were given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend was Friday, November 15th. Carlisle Companies’s dividend payout ratio (DPR) is 14.15%.

Insiders Place Their Bets

In related news, VP David W. Smith sold 275 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $443.41, for a total value of $121,937.75. Following the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at approximately $1,256,623.94. This trade represents a 8.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.50% of the stock is currently owned by 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.