Wilmington Savings Fund Society FSB Has $3.16 Million Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Wilmington Savings Fund Society FSB boosted its stake in Carlisle Companies Incorporated (NYSE:CSL) by 0.8% in the third quarter, Holdings Channel reports. The firm owned 7,028 shares of the conglomerate’s stock after purchasing an additional 59 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Carlisle Companies were worth $3,161,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Capital Performance Advisors LLP bought a new stake in Carlisle Companies during the third quarter worth $25,000. ORG Wealth Partners LLC acquired a new position in shares of Carlisle Companies during the 3rd quarter worth $32,000. True Wealth Design LLC lifted its position in shares of 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 buying an additional 70 shares during the last quarter. ORG Partners LLC acquired a new stake in Carlisle Companies in the second quarter valued at about $31,000. Finally, Gilliland Jeter Wealth Management LLC bought a new position in Carlisle Companies in the second quarter valued at about $39,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Trading Down 0.9 %

CSL opened at $419.94 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.29. Carlisle Companies Incorporated has a fifty-two week low of $297.25 and a fifty-two week high of $481.26. The company’s 50 day moving average price is $447.26 and its two-hundred day moving average price is $426.29. The firm has a market capitalization of $19.03 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 1.41 and a beta of 0.92.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 earnings per share for the quarter, missing the consensus estimate of $5.82 by ($0.04). The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.38 billion. Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.68 EPS. As a group, research analysts predict that Carlisle Companies Incorporated will post 20.25 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.95%. Carlisle Companies’s dividend payout ratio (DPR) is 14.15%.

Insider Buying and Selling

In other Carlisle Companies news, VP David W. Smith sold 275 shares of the stock in a transaction that occurred on 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is owned by insiders.

Analyst Ratings Changes

CSL has been the subject of a number of research reports. Oppenheimer increased their target price on shares of Carlisle Companies from $480.00 to $505.00 and gave the stock an “outperform” rating in a report on Tuesday, October 22nd. Truist Financial started coverage on shares of Carlisle Companies in a research note on Thursday, November 14th. They issued a “hold” rating and a $460.00 price objective for the company. StockNews.com cut shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th. Finally, Robert W. Baird cut their price objective on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Carlisle Companies currently has an average rating of “Moderate Buy” and a consensus target price of $472.00.

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.