One Wealth Advisors LLC Raises Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

One Wealth Advisors LLC lifted its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 59.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 884 shares of the conglomerate’s stock after acquiring an additional 329 shares during the quarter. One Wealth Advisors LLC’s holdings in Carlisle Companies were worth $326,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. FMR LLC increased its position in Carlisle Companies by 29.6% in the third quarter. FMR LLC now owns 955,289 shares of the conglomerate’s stock worth $429,641,000 after buying an additional 218,002 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Carlisle Companies by 6,405.8% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate’s stock valued at $80,757,000 after buying an additional 176,799 shares during the period. Holocene Advisors LP raised its stake in shares of Carlisle Companies by 151.3% in the third quarter. Holocene Advisors LP now owns 176,974 shares of the conglomerate’s stock valued at $79,594,000 after buying an additional 106,539 shares during the period. Geode Capital Management LLC raised its stake in shares of Carlisle Companies by 13.3% in the third quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock valued at $391,827,000 after buying an additional 102,436 shares during the period. Finally, Assenagon Asset Management S.A. raised its stake in shares of Carlisle Companies by 846.9% in the third quarter. Assenagon Asset Management S.A. now owns 62,599 shares of the conglomerate’s stock valued at $28,154,000 after buying an additional 55,988 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, VP David W. Smith sold 275 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $443.41, for a total transaction of $121,937.75. Following the completion of the transaction, the vice president now directly owns 2,834 shares in the company, valued at $1,256,623.94. The trade was a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is owned by company insiders.

Carlisle Companies Price Performance

Shares of NYSE CSL opened at $381.62 on Tuesday. The stock has a market cap of $17.30 billion, a PE ratio of 13.50, a price-to-earnings-growth ratio of 1.15 and a beta of 0.96. Carlisle Companies Incorporated has a fifty-two week low of $313.56 and a fifty-two week high of $481.26. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. The stock has a fifty day moving average of $400.32 and a 200-day moving average of $418.80.

Carlisle Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.05%. The ex-dividend date of this dividend is Tuesday, February 18th. Carlisle Companies’s payout ratio is 14.15%.

Analyst Upgrades and Downgrades

CSL has been the topic of several research reports. The Goldman Sachs Group lowered their target price on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Loop Capital lowered their target price on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research note on Friday, January 10th. Robert W. Baird lowered their target price on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Truist Financial started coverage on Carlisle Companies in a research note on Thursday, November 14th. They issued a “hold” rating and a $460.00 target price on the stock. Finally, Oppenheimer reiterated an “outperform” rating and issued a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $476.00.

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.