Carlisle Companies Incorporated (NYSE:CSL) Shares Acquired by Next Level Private LLC

Next Level Private LLC lifted its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 0.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,409 shares of the conglomerate’s stock after buying an additional 62 shares during the period. Carlisle Companies makes up approximately 5.9% of Next Level Private LLC’s portfolio, making the stock its 2nd largest position. Next Level Private LLC’s holdings in Carlisle Companies were worth $10,438,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Banco Santander S.A. purchased a new position in shares of Carlisle Companies during the 3rd quarter worth approximately $341,000. Exchange Traded Concepts LLC purchased a new position in shares of Carlisle Companies during the 4th quarter worth approximately $1,093,000. Pacer Advisors Inc. boosted its position in shares of Carlisle Companies by 5,351.1% during the 4th quarter. Pacer Advisors Inc. now owns 421,422 shares of the conglomerate’s stock worth $131,665,000 after purchasing an additional 413,691 shares during the period. Pathstone Family Office LLC boosted its position in shares of Carlisle Companies by 63.6% during the 3rd quarter. Pathstone Family Office LLC now owns 3,152 shares of the conglomerate’s stock worth $817,000 after purchasing an additional 1,225 shares during the period. Finally, Barclays PLC boosted its position in shares of Carlisle Companies by 82.6% during the 2nd quarter. Barclays PLC now owns 80,505 shares of the conglomerate’s stock worth $20,653,000 after purchasing an additional 36,413 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Insider Buying and Selling

In related news, VP David W. Smith sold 700 shares of the business’s stock in a transaction on Thursday, February 8th. The shares were 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 owns 2,834 shares in the company, valued at $959,422.36. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 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 value of $2,242,958.62. Following the completion of the sale, the chief executive officer now directly owns 86,652 shares of the company’s stock, valued at $30,114,169.56. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP David W. Smith sold 700 shares of the business’s stock in a transaction on Thursday, February 8th. The shares were 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 directly owns 2,834 shares of the company’s stock, valued at $959,422.36. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,255 shares of company stock worth $5,231,360. Corporate insiders own 1.50% of the company’s stock.

Carlisle Companies Stock Performance

Shares of CSL stock opened at $388.62 on Thursday. The company has a current ratio of 2.87, a quick ratio of 2.57 and a debt-to-equity ratio of 0.67. The firm has a fifty day moving average price of $345.76 and a 200 day moving average price of $301.98. The company has a market cap of $18.58 billion, a P/E ratio of 25.50, a PEG ratio of 1.40 and a beta of 0.92. Carlisle Companies Incorporated has a 12 month low of $203.65 and a 12 month high of $392.63.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Tuesday, February 6th. The conglomerate reported $4.17 EPS for the quarter, topping analysts’ consensus estimates of $3.47 by $0.70. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.09 billion. Carlisle Companies had a net margin of 15.07% and a return on equity of 28.31%. The company’s revenue was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.92 earnings per share. Sell-side analysts predict that Carlisle Companies Incorporated will post 18.51 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were paid a dividend of $0.85 per share. The ex-dividend date was Thursday, February 15th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.87%. Carlisle Companies’s payout ratio is currently 22.31%.

Wall Street Analyst Weigh In

CSL has been the subject of several research reports. Robert W. Baird boosted their price target on shares of Carlisle Companies from $365.00 to $400.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 19th. StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Finally, Oppenheimer boosted their price target on shares of Carlisle Companies from $355.00 to $405.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Carlisle Companies has an average rating of “Moderate Buy” and an average target price of $331.67.

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.