Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,327 shares of the conglomerate’s stock after selling 721 shares during the period. Yousif Capital Management LLC’s holdings in Carlisle Companies were worth $7,288,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Allworth Financial LP grew its stake in shares of Carlisle Companies by 88.9% in the 4th quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock worth $27,000 after purchasing an additional 40 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new position in shares of Carlisle Companies in the fourth quarter worth about $40,000. Mendota Financial Group LLC acquired a new position in shares of Carlisle Companies in the fourth quarter worth about $53,000. Tobam acquired a new position in shares of Carlisle Companies in the fourth quarter worth about $59,000. Finally, Signaturefd LLC boosted its holdings in shares of Carlisle Companies by 28.9% in the third quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock worth $51,000 after buying an additional 44 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Insider Activity

In related news, CEO D Christian Koch sold 6,454 shares of the business’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 transaction, the chief executive officer now owns 86,652 shares of the company’s stock, valued at $30,114,169.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO D Christian Koch sold 6,454 shares of the business’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 transaction, the chief executive officer now owns 86,652 shares of the company’s stock, valued at $30,114,169.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David W. Smith sold 700 shares of the business’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 transaction, the vice president now directly owns 2,834 shares in the company, valued at approximately $959,422.36. The disclosure for this sale can be found here. Insiders have sold a total of 15,255 shares of company stock valued at $5,231,360 over the last 90 days. 1.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on CSL shares. Oppenheimer raised their target price on shares of Carlisle Companies from $405.00 to $412.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. The Goldman Sachs Group assumed coverage on shares of Carlisle Companies in a report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 target price for the company. Loop Capital raised their price target on shares of Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Robert W. Baird raised their price target on shares of Carlisle Companies from $400.00 to $435.00 and gave the stock an “outperform” rating in a report on Tuesday, April 9th. Finally, StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. 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, the company presently has a consensus rating of “Moderate Buy” and an average price target of $390.33.

Carlisle Companies Trading Down 1.1 %

NYSE:CSL opened at $375.15 on Thursday. Carlisle Companies Incorporated has a 12 month low of $205.10 and a 12 month high of $403.44. The firm has a market cap of $17.93 billion, a price-to-earnings ratio of 24.62, a P/E/G ratio of 1.35 and a beta of 0.93. 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 company’s 50 day moving average is $369.95 and its 200-day moving average is $318.74.

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

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were given a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date was Thursday, February 15th. Carlisle Companies’s dividend payout ratio is 22.31%.

Carlisle Companies 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.