Cwm LLC Buys 247 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Cwm LLC raised its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 11.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,445 shares of the conglomerate’s stock after acquiring an additional 247 shares during the quarter. Cwm LLC’s holdings in Carlisle Companies were worth $764,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in CSL. Allworth Financial LP boosted its stake in Carlisle Companies by 88.9% during the fourth quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 40 shares in the last quarter. Tennessee Valley Asset Management Partners purchased a new stake in shares of Carlisle Companies in the 4th quarter worth approximately $40,000. Mendota Financial Group LLC bought a new position in Carlisle Companies during the 4th quarter valued at approximately $53,000. Tobam bought a new position in Carlisle Companies during the 4th quarter valued at approximately $59,000. Finally, Signaturefd LLC raised its stake in Carlisle Companies by 28.9% during the third quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock valued at $51,000 after buying an additional 44 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Carlisle Companies news, VP David W. Smith sold 700 shares of the business’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $338.54, for a total transaction 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO D Christian Koch sold 6,454 shares of the firm’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $347.53, for a total transaction of $2,242,958.62. Following 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 transaction of $236,978.00. Following the completion of the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at approximately $959,422.36. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,255 shares of company stock valued at $5,231,360. 1.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on CSL shares. Oppenheimer increased their price objective on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a research report on Friday. StockNews.com raised Carlisle Companies from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. Robert W. Baird increased their price objective on Carlisle Companies from $435.00 to $465.00 and gave the company an “outperform” rating in a research report on Friday. Loop Capital raised their price target on shares of Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a report on Monday, April 1st. Finally, The Goldman Sachs Group began coverage on shares of Carlisle Companies in a report on Wednesday, April 3rd. They set a “buy” rating and a $455.00 price objective for the company. One analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. According to MarketBeat, Carlisle Companies currently has a consensus rating of “Moderate Buy” and a consensus target price of $398.33.

Carlisle Companies Price Performance

NYSE CSL opened at $396.67 on Tuesday. The company has a quick ratio of 2.57, a current ratio of 2.87 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $18.96 billion, a P/E ratio of 23.00, a PEG ratio of 1.40 and a beta of 0.93. The company has a 50-day moving average price of $372.96 and a 200-day moving average price of $321.87. Carlisle Companies Incorporated has a 52 week low of $205.10 and a 52 week high of $415.00.

Carlisle Companies (NYSE:CSL) last announced 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. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $993.06 million. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.23%. Equities research analysts anticipate that Carlisle Companies Incorporated will post 19.08 earnings per share for the current year.

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.