KCM Investment Advisors LLC Has $5.52 Million Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

KCM Investment Advisors LLC increased its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,962 shares of the conglomerate’s stock after acquiring an additional 361 shares during the quarter. KCM Investment Advisors LLC’s holdings in Carlisle Companies were worth $5,519,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Carlisle Companies in the 4th quarter valued at about $208,095,000. Wells Fargo & Company MN grew its holdings in Carlisle Companies by 692.1% during the 4th quarter. Wells Fargo & Company MN now owns 616,873 shares of the conglomerate’s stock worth $227,527,000 after acquiring an additional 538,990 shares during the period. Madison Investment Advisors LLC bought a new stake in shares of Carlisle Companies during the 4th quarter valued at $148,208,000. AustralianSuper Pty Ltd lifted its stake in shares of Carlisle Companies by 732.1% in the 4th quarter. AustralianSuper Pty Ltd now owns 142,856 shares of the conglomerate’s stock valued at $52,691,000 after purchasing an additional 125,687 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Carlisle Companies by 13.3% in the 3rd quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock worth $391,827,000 after purchasing an additional 102,436 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Price Performance

NYSE CSL opened at $326.87 on Friday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The stock has a market cap of $14.43 billion, a price-to-earnings ratio of 11.83, a PEG ratio of 1.03 and a beta of 0.94. The business has a 50 day simple moving average of $348.76 and a 200 day simple moving average of $399.10. Carlisle Companies Incorporated has a 52-week low of $312.60 and a 52-week high of $481.26.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. During the same quarter in the prior year, the business earned $4.17 earnings per share. Analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $1.00 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.22%. Carlisle Companies’s dividend payout ratio (DPR) is 14.48%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Oppenheimer reiterated an “outperform” rating and issued a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Loop Capital cut their price target on shares of 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, The Goldman Sachs Group lowered their target price 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. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $476.00.

Insider Transactions at Carlisle Companies

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $349.24, for a total transaction of $366,702.00. Following the sale, the director now directly owns 2,665 shares of the company’s stock, valued at $930,724.60. The trade was a 28.26 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Mehul Patel sold 150 shares of the firm’s stock in a transaction dated Saturday, February 8th. The shares were sold at an average price of $350.53, for a total value of $52,579.50. Following the completion of the transaction, the vice president now owns 815 shares of the company’s stock, valued at $285,681.95. The trade was a 15.54 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is 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.