Golden State Equity Partners Purchases 264 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Golden State Equity Partners increased its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 31.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,108 shares of the conglomerate’s stock after acquiring an additional 264 shares during the quarter. Golden State Equity Partners’ holdings in Carlisle Companies were worth $346,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Birch Hill Investment Advisors LLC raised its stake in shares of Carlisle Companies by 50.5% during the 4th quarter. Birch Hill Investment Advisors LLC now owns 14,374 shares of the conglomerate’s stock worth $4,491,000 after acquiring an additional 4,820 shares in the last quarter. Banco Santander S.A. bought a new position in shares of Carlisle Companies during the 3rd quarter worth approximately $341,000. Exchange Traded Concepts LLC bought a new position in shares of Carlisle Companies during the 4th quarter worth approximately $1,093,000. Pacer Advisors Inc. raised its stake 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 acquiring an additional 413,691 shares in the last quarter. Finally, Pathstone Family Office LLC raised its stake 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 acquiring an additional 1,225 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Insider Activity

In related news, insider Lori A. Snyder sold 8,101 shares of the stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the sale, the insider now directly owns 5,212 shares of the company’s stock, valued at $1,770,203.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, VP David W. Smith sold 700 shares of the 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 sale, the vice president now directly owns 2,834 shares of the company’s stock, valued at $959,422.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Lori A. Snyder sold 8,101 shares of the stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the sale, the insider now directly owns 5,212 shares in the company, valued at $1,770,203.68. The disclosure for this sale can be found here. Insiders have sold 15,255 shares of company stock valued at $5,231,360 in the last ninety days. Insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

CSL has been the topic of a number of recent analyst reports. The Goldman Sachs Group initiated coverage on shares of Carlisle Companies in a research note on Wednesday, April 3rd. They set a “buy” rating and a $455.00 price target on the stock. Oppenheimer upped their price target on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a research note on Friday. StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Robert W. Baird upped their price target on shares of Carlisle Companies from $435.00 to $465.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Loop Capital upped their price target on shares of Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a research note on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $398.33.

Carlisle Companies Stock Up 4.9 %

CSL stock opened at $400.56 on Friday. The firm’s fifty day simple moving average is $371.87 and its 200-day simple moving average is $320.52. The company has a market capitalization of $19.15 billion, a P/E ratio of 23.22, a price-to-earnings-growth ratio of 1.43 and a beta of 0.93. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.87 and a quick ratio of 2.57. Carlisle Companies Incorporated has a 12 month low of $205.10 and a 12 month high of $415.00.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Thursday, April 25th. The conglomerate reported $3.72 EPS for the quarter, beating the consensus estimate of $2.74 by $0.98. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $993.06 million. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.23%. As a group, equities research analysts forecast that Carlisle Companies Incorporated will post 19.08 earnings per share for the current year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were issued a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend was Thursday, February 15th. Carlisle Companies’s dividend payout ratio (DPR) is currently 19.71%.

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.