TFG Advisers LLC Has $519,000 Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

TFG Advisers LLC raised its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 5.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,406 shares of the conglomerate’s stock after purchasing an additional 78 shares during the quarter. TFG Advisers LLC’s holdings in Carlisle Companies were worth $519,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Resonant Capital Advisors LLC increased its position in shares of Carlisle Companies by 3.4% during the third quarter. Resonant Capital Advisors LLC now owns 739 shares of the conglomerate’s stock worth $332,000 after buying an additional 24 shares during the period. Tributary Capital Management LLC boosted its position in Carlisle Companies by 1.1% during the third quarter. Tributary Capital Management LLC now owns 2,275 shares of the conglomerate’s stock valued at $1,023,000 after acquiring an additional 24 shares during the last quarter. Diversify Advisory Services LLC grew its holdings in Carlisle Companies by 1.6% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,561 shares of the conglomerate’s stock worth $719,000 after acquiring an additional 25 shares during the period. Equitable Trust Co. raised its position in shares of Carlisle Companies by 0.3% in the 3rd quarter. Equitable Trust Co. now owns 8,614 shares of the conglomerate’s stock worth $3,874,000 after acquiring an additional 25 shares in the last quarter. Finally, Metis Global Partners LLC lifted its stake in shares of Carlisle Companies by 5.2% in the 3rd quarter. Metis Global Partners LLC now owns 607 shares of the conglomerate’s stock valued at $273,000 after purchasing an additional 30 shares during the period. Institutional investors own 89.52% of the company’s stock.

Insiders Place Their Bets

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the firm’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $349.24, for a total transaction of $366,702.00. Following the transaction, the director now directly owns 2,665 shares in the company, valued at approximately $930,724.60. This trade represents a 28.26 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David W. Smith sold 275 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $443.41, for a total transaction 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 approximately $1,256,623.94. This represents a 8.85 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

Carlisle Companies Price Performance

Shares of CSL opened at $350.70 on Friday. The business’s fifty day moving average is $392.01 and its 200 day moving average is $416.97. Carlisle Companies Incorporated has a 12-month low of $337.01 and a 12-month high of $481.26. The company has a quick ratio of 2.29, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. The stock has a market cap of $15.90 billion, a P/E ratio of 12.41, a P/E/G ratio of 1.15 and a beta of 0.96.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. During the same period last year, the business earned $4.17 EPS. Sell-side analysts anticipate that Carlisle Companies Incorporated will post 20.23 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Tuesday, February 18th. Carlisle Companies’s dividend payout ratio is currently 14.48%.

Analyst Ratings Changes

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

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.