Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lifted its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 13.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,459 shares of the conglomerate’s stock after purchasing an additional 780 shares during the period. Crossmark Global Holdings Inc.’s holdings in Carlisle Companies were worth $2,382,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CSL. Capital Performance Advisors LLP purchased a new position in shares of Carlisle Companies during the 3rd quarter valued at approximately $25,000. ORG Wealth Partners LLC bought a new position in Carlisle Companies during the 3rd quarter valued at $32,000. True Wealth Design LLC grew its holdings in 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 acquiring an additional 70 shares in the last quarter. UMB Bank n.a. increased its position in shares of Carlisle Companies by 317.2% in the 3rd quarter. UMB Bank n.a. now owns 121 shares of the conglomerate’s stock worth $54,000 after purchasing an additional 92 shares during the last quarter. Finally, Quarry LP raised its stake in shares of Carlisle Companies by 75.0% in the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock valued at $60,000 after purchasing an additional 57 shares in the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on CSL shares. The Goldman Sachs Group lowered their price objective on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Robert W. Baird dropped their price target on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Loop Capital decreased their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a report on Friday, January 10th. Oppenheimer restated an “outperform” rating and issued a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Finally, 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 price objective for the company. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $476.00.

Carlisle Companies Stock Performance

CSL stock opened at $405.68 on Friday. The stock’s fifty day moving average is $407.55 and its two-hundred day moving average is $420.33. The stock has a market capitalization of $18.39 billion, a price-to-earnings ratio of 14.36, a PEG ratio of 1.21 and a beta of 0.96. 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 Incorporated has a 1 year low of $302.08 and a 1 year high of $481.26.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.82 by ($0.04). Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same period in the previous year, the firm earned $4.68 earnings per share. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. On average, research analysts predict that Carlisle Companies Incorporated will post 20.23 EPS for the current year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, November 15th were issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend was Friday, November 15th. Carlisle Companies’s dividend payout ratio (DPR) is 14.15%.

Insider Activity at Carlisle Companies

In other news, VP David W. Smith sold 275 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $443.41, for a total value of $121,937.75. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.50% of the stock is owned by insiders.

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.