Wilmington Savings Fund Society FSB Has $3.16 Million Stake in Carlisle Companies Incorporated (NYSE:CSL)

Wilmington Savings Fund Society FSB grew its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 0.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,028 shares of the conglomerate’s stock after buying an additional 59 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Carlisle Companies were worth $3,161,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Capital Performance Advisors LLP acquired a new stake in shares of Carlisle Companies in the third quarter valued at about $25,000. ORG Partners LLC bought a new position in Carlisle Companies in the second quarter valued at approximately $31,000. ORG Wealth Partners LLC acquired a new position in shares of Carlisle Companies during the 3rd quarter worth approximately $32,000. True Wealth Design LLC raised its stake in shares of Carlisle Companies by 1,400.0% during the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 70 shares in the last quarter. Finally, Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Carlisle Companies in the 2nd quarter valued at approximately $39,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Stock Performance

Shares of CSL stock opened at $419.94 on Friday. Carlisle Companies Incorporated has a 52 week low of $297.25 and a 52 week high of $481.26. The company has a market capitalization of $19.03 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 1.41 and a beta of 0.92. The company has a 50-day simple moving average of $447.26 and a 200 day simple moving average of $426.29. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.82 by ($0.04). Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter last year, the business earned $4.68 earnings per share. The company’s revenue was up 5.9% on a year-over-year basis. On average, sell-side analysts predict that Carlisle Companies Incorporated will post 20.25 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, November 15th will be issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Friday, November 15th. Carlisle Companies’s dividend payout ratio is 14.15%.

Insiders Place Their Bets

In other Carlisle Companies news, VP David W. Smith sold 275 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $443.41, for a total value of $121,937.75. Following the completion of the sale, the vice president now owns 2,834 shares of the company’s stock, valued at $1,256,623.94. The trade was a 8.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on CSL. Oppenheimer boosted their target price on shares of Carlisle Companies from $480.00 to $505.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Truist Financial began coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They issued a “hold” rating and a $460.00 target price on the stock. StockNews.com cut Carlisle Companies from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th. Finally, Robert W. Baird dropped their price objective 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. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $472.00.

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.