J.W. Cole Advisors Inc. Purchases Shares of 895 Carlisle Companies Incorporated (NYSE:CSL)

J.W. Cole Advisors Inc. acquired a new stake in shares of Carlisle Companies Incorporated (NYSE:CSL) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 895 shares of the conglomerate’s stock, valued at approximately $280,000.

A number of other large investors have also recently made changes to their positions in CSL. Pacer Advisors Inc. lifted its position in shares of Carlisle Companies by 5,351.1% during the 4th quarter. Pacer Advisors Inc. now owns 421,422 shares of the conglomerate’s stock valued at $131,665,000 after buying an additional 413,691 shares in the last quarter. Morgan Stanley lifted its holdings in Carlisle Companies by 3.6% in the 3rd quarter. Morgan Stanley now owns 2,578,221 shares of the conglomerate’s stock worth $668,430,000 after purchasing an additional 90,597 shares in the last quarter. Adage Capital Partners GP L.L.C. lifted its holdings in Carlisle Companies by 4,974.6% in the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 85,000 shares of the conglomerate’s stock worth $22,037,000 after purchasing an additional 83,325 shares in the last quarter. Invesco Ltd. lifted its holdings in Carlisle Companies by 36.9% in the 3rd quarter. Invesco Ltd. now owns 269,752 shares of the conglomerate’s stock worth $69,936,000 after purchasing an additional 72,741 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in Carlisle Companies by 63.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 163,647 shares of the conglomerate’s stock worth $42,427,000 after purchasing an additional 63,260 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Stock Performance

NYSE CSL opened at $381.99 on Friday. The company has a market cap of $18.26 billion, a P/E ratio of 25.06, a P/E/G ratio of 1.35 and a beta of 0.93. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.57 and a current ratio of 2.87. The business’s 50 day moving average price is $370.69 and its 200-day moving average price is $319.17. Carlisle Companies Incorporated has a fifty-two week low of $205.10 and a fifty-two week high of $403.44.

Carlisle Companies (NYSE:CSL) last released its earnings results on Tuesday, February 6th. The conglomerate reported $4.17 earnings per share for the quarter, beating the consensus estimate of $3.47 by $0.70. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.09 billion. Carlisle Companies had a return on equity of 28.31% and a net margin of 15.07%. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.92 EPS. Sell-side analysts predict that Carlisle Companies Incorporated will post 18.72 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were given a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 0.89%. The ex-dividend date was Thursday, February 15th. Carlisle Companies’s dividend payout ratio (DPR) is presently 22.31%.

Wall Street Analyst Weigh In

A number of research firms recently commented on CSL. The Goldman Sachs Group began coverage on Carlisle Companies in a report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 price target on the stock. StockNews.com raised Carlisle Companies from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. Robert W. Baird upped their price objective on Carlisle Companies from $400.00 to $435.00 and gave the stock an “outperform” rating in a report on Tuesday, April 9th. Oppenheimer upped their price objective on Carlisle Companies from $405.00 to $412.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. Finally, Loop Capital upped their price objective on Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a report on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $390.33.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, CEO D Christian Koch sold 6,454 shares of the company’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $347.53, for a total value of $2,242,958.62. Following the transaction, the chief executive officer now owns 86,652 shares of the company’s stock, valued at approximately $30,114,169.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Carlisle Companies news, CEO D Christian Koch sold 6,454 shares of the company’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $347.53, for a total value of $2,242,958.62. Following the completion of the sale, the chief executive officer now directly owns 86,652 shares in the company, valued at approximately $30,114,169.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP David W. Smith sold 700 shares of the company’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $338.54, for a total value of $236,978.00. Following the completion of the sale, the vice president now owns 2,834 shares of the company’s stock, valued at $959,422.36. The disclosure for this sale can be found here. Insiders have sold 15,255 shares of company stock valued at $5,231,360 in the last quarter. 1.50% of the stock is owned by insiders.

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.