Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 5.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,453 shares of the conglomerate’s stock after selling 989 shares during the period. Yousif Capital Management LLC’s holdings in Carlisle Companies were worth $6,069,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Resonant Capital Advisors LLC grew its stake in shares of Carlisle Companies by 3.4% in the 3rd quarter. Resonant Capital Advisors LLC now owns 739 shares of the conglomerate’s stock valued at $332,000 after purchasing an additional 24 shares during the last quarter. Tributary Capital Management LLC grew its position in Carlisle Companies by 1.1% in the 3rd quarter. Tributary Capital Management LLC now owns 2,275 shares of the conglomerate’s stock valued at $1,023,000 after buying an additional 24 shares during the last quarter. Diversify Advisory Services LLC raised its position in Carlisle Companies by 1.6% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,561 shares of the conglomerate’s stock worth $719,000 after buying an additional 25 shares during the last quarter. Equitable Trust Co. lifted its stake in shares of Carlisle Companies by 0.3% in the 3rd quarter. Equitable Trust Co. now owns 8,614 shares of the conglomerate’s stock worth $3,874,000 after acquiring an additional 25 shares during the period. Finally, Metis Global Partners LLC boosted its holdings in shares of Carlisle Companies by 5.2% in the third quarter. Metis Global Partners LLC now owns 607 shares of the conglomerate’s stock valued at $273,000 after acquiring an additional 30 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Stock Up 2.0 %

CSL opened at $349.66 on Friday. The firm has a market cap of $15.85 billion, a P/E ratio of 12.37, a PEG ratio of 1.15 and a beta of 0.96. The business’s fifty day simple moving average is $394.15 and its 200 day simple moving average is $417.50. Carlisle Companies Incorporated has a 52 week low of $333.50 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 data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. During the same period last year, the firm earned $4.17 earnings per share. As a group, equities research analysts anticipate that Carlisle Companies Incorporated will post 20.23 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Tuesday, February 18th. Carlisle Companies’s payout ratio is currently 14.15%.

Insider Transactions at Carlisle Companies

In related news, VP David W. Smith sold 275 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $443.41, for a total transaction of $121,937.75. Following the completion of the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

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

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.