OLIO Financial Planning Purchases Shares of 1,196 Carlisle Companies Incorporated (NYSE:CSL)

OLIO Financial Planning bought a new stake in shares of Carlisle Companies Incorporated (NYSE:CSL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 1,196 shares of the conglomerate’s stock, valued at approximately $441,000.

A number of other institutional investors also recently modified their holdings of CSL. Capital Performance Advisors LLP bought a new stake in shares of Carlisle Companies during the third quarter valued at approximately $25,000. ORG Wealth Partners LLC bought a new stake in Carlisle Companies during the 3rd quarter valued at $32,000. True Wealth Design LLC raised its holdings in Carlisle Companies by 1,400.0% during the third quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock worth $34,000 after buying an additional 70 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of Carlisle Companies by 317.2% in the third quarter. UMB Bank n.a. now owns 121 shares of the conglomerate’s stock valued at $54,000 after buying an additional 92 shares in the last quarter. Finally, Quarry LP grew its holdings in shares of Carlisle Companies by 75.0% during the third quarter. Quarry LP now owns 133 shares of the conglomerate’s stock valued at $60,000 after buying an additional 57 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analyst Ratings Changes

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

Carlisle Companies Stock Down 0.6 %

Shares of NYSE:CSL opened at $403.03 on Monday. The company has a market capitalization of $18.27 billion, a PE ratio of 14.26, a price-to-earnings-growth ratio of 1.19 and a beta of 0.96. Carlisle Companies Incorporated has a 1 year low of $302.44 and a 1 year high of $481.26. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.29. The business has a fifty day moving average price of $406.70 and a two-hundred day moving average price of $420.40.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.82 by ($0.04). The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.38 billion. Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the business posted $4.68 EPS. Analysts forecast that Carlisle Companies Incorporated will post 20.23 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, November 15th were issued a $1.00 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.99%. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.15%.

Insider Activity at Carlisle Companies

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 value of $121,937.75. Following the sale, the vice president now directly owns 2,834 shares in the company, valued at approximately $1,256,623.94. The trade was a 8.85 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.50% of the stock is owned by company insiders.

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.