Leith Wheeler Investment Counsel Ltd. Buys 30 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Leith Wheeler Investment Counsel Ltd. raised its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 0.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,797 shares of the conglomerate’s stock after purchasing an additional 30 shares during the period. Carlisle Companies accounts for approximately 1.4% of Leith Wheeler Investment Counsel Ltd.’s holdings, making the stock its 17th biggest position. Leith Wheeler Investment Counsel Ltd.’s holdings in Carlisle Companies were worth $14,027,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Allworth Financial LP raised its position in Carlisle Companies by 88.9% during the fourth quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 40 shares during the period. V Square Quantitative Management LLC purchased a new stake in Carlisle Companies during the 4th quarter valued at $31,000. Principal Securities Inc. purchased a new stake in Carlisle Companies during the 4th quarter valued at $32,000. Tennessee Valley Asset Management Partners bought a new stake in Carlisle Companies in the fourth quarter worth $40,000. Finally, Robeco Institutional Asset Management B.V. boosted its stake in Carlisle Companies by 38.1% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 13,841 shares of the conglomerate’s stock worth $43,000 after buying an additional 3,815 shares during the period. 89.52% of the stock is owned by institutional investors.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, CAO Stephen Aldrich sold 1,095 shares of Carlisle Companies stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $397.50, for a total transaction of $435,262.50. Following the completion of the sale, the chief accounting officer now owns 1,624 shares of the company’s stock, valued at approximately $645,540. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO D Christian Koch sold 54,927 shares of the stock in a transaction on Monday, May 20th. The shares were sold at an average price of $420.06, for a total value of $23,072,635.62. Following the sale, the chief executive officer now owns 86,652 shares in the company, valued at $36,399,039.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Stephen Aldrich sold 1,095 shares of the business’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $397.50, for a total transaction of $435,262.50. Following the transaction, the chief accounting officer now owns 1,624 shares of the company’s stock, valued at $645,540. The disclosure for this sale can be found here. In the last quarter, insiders have sold 58,059 shares of company stock worth $24,334,065. 1.50% of the stock is owned by corporate insiders.

Carlisle Companies Stock Up 2.2 %

Shares of NYSE CSL traded up $9.20 during mid-day trading on Friday, reaching $435.25. 82,580 shares of the company were exchanged, compared to its average volume of 312,504. Carlisle Companies Incorporated has a 1 year low of $235.79 and a 1 year high of $437.92. The firm has a 50-day moving average of $414.02 and a 200 day moving average of $371.78. The stock has a market cap of $20.72 billion, a price-to-earnings ratio of 24.69, a P/E/G ratio of 1.39 and a beta of 0.90. The company has a quick ratio of 2.61, a current ratio of 2.95 and a debt-to-equity ratio of 0.66.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Thursday, April 25th. The conglomerate reported $3.72 EPS for the quarter, beating analysts’ consensus estimates of $2.74 by $0.98. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.41%. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $993.06 million. On average, research analysts expect that Carlisle Companies Incorporated will post 19.93 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Monday, May 20th were given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 0.78%. The ex-dividend date was Friday, May 17th. Carlisle Companies’s dividend payout ratio is presently 19.71%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CSL. Robert W. Baird lifted their price target on shares of Carlisle Companies from $435.00 to $465.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. The Goldman Sachs Group began coverage on Carlisle Companies in a research report on Wednesday, April 3rd. They set a “buy” rating and a $455.00 target price for the company. Loop Capital increased their price target on Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Finally, Oppenheimer boosted their price objective on Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a report on Friday, April 26th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $416.00.

Carlisle Companies Company 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.