Curi RMB Capital LLC Has $3.74 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Curi RMB Capital LLC cut its stake in Carlisle Companies Incorporated (NYSE:CSL) by 12.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,132 shares of the conglomerate’s stock after selling 1,419 shares during the quarter. Curi RMB Capital LLC’s holdings in Carlisle Companies were worth $3,737,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Barclays PLC raised its position in shares of Carlisle Companies by 31.3% in the third quarter. Barclays PLC now owns 60,920 shares of the conglomerate’s stock valued at $27,399,000 after buying an additional 14,526 shares in the last quarter. Advisory Resource Group lifted its position in shares of Carlisle Companies by 3.6% during the 3rd quarter. Advisory Resource Group now owns 10,590 shares of the conglomerate’s stock valued at $4,763,000 after acquiring an additional 366 shares during the period. Sanctuary Advisors LLC grew its holdings in shares of Carlisle Companies by 54.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 3,239 shares of the conglomerate’s stock worth $1,456,000 after purchasing an additional 1,142 shares in the last quarter. Wilmington Savings Fund Society FSB grew its holdings in shares of Carlisle Companies by 0.8% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 7,028 shares of the conglomerate’s stock worth $3,161,000 after purchasing an additional 59 shares in the last quarter. Finally, Tidal Investments LLC increased its position in shares of Carlisle Companies by 23.9% in the third quarter. Tidal Investments LLC now owns 7,137 shares of the conglomerate’s stock worth $3,210,000 after purchasing an additional 1,379 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Loop Capital reduced their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research note on Friday, January 10th. The Goldman Sachs Group decreased their target price on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Finally, Zelman & Associates upgraded shares of Carlisle Companies from an “underperform” rating to a “neutral” rating in a research note on Monday, April 14th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Carlisle Companies presently has an average rating of “Moderate Buy” and an average target price of $476.00.

Insider Transactions at Carlisle Companies

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of the business’s stock in a transaction that occurred on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total value of $52,579.50. Following the transaction, the vice president now directly owns 815 shares of the company’s stock, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The stock was 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 approximately $930,724.60. This trade represents a 28.26 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

Carlisle Companies Price Performance

CSL stock opened at $352.82 on Friday. The company has a market capitalization of $15.58 billion, a P/E ratio of 12.77, a PEG ratio of 1.03 and a beta of 0.94. The company has a fifty day moving average price of $341.06 and a 200-day moving average price of $390.91. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. Carlisle Companies Incorporated has a 52-week low of $311.41 and a 52-week high of $481.26.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, beating analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. During the same period last year, the firm posted $4.17 EPS. As a group, equities analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current 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 given 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 1.13%. Carlisle Companies’s dividend payout ratio (DPR) is currently 14.48%.

About Carlisle Companies

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.