Lindenwold Advisors INC Sells 44 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Lindenwold Advisors INC trimmed its stake in Carlisle Companies Incorporated (NYSE:CSL) by 3.2% during the 4th quarter, Holdings Channel reports. The firm owned 1,339 shares of the conglomerate’s stock after selling 44 shares during the quarter. Lindenwold Advisors INC’s holdings in Carlisle Companies were worth $494,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CSL. Algebris UK Ltd purchased a new stake in shares of Carlisle Companies during the 4th quarter valued at $715,000. Xponance Inc. increased its stake in Carlisle Companies by 4.6% in the fourth quarter. Xponance Inc. now owns 8,142 shares of the conglomerate’s stock valued at $3,003,000 after acquiring an additional 358 shares during the last quarter. Intech Investment Management LLC raised its position in Carlisle Companies by 59.9% during the fourth quarter. Intech Investment Management LLC now owns 43,949 shares of the conglomerate’s stock valued at $16,210,000 after purchasing an additional 16,472 shares in the last quarter. Generali Asset Management SPA SGR bought a new stake in Carlisle Companies in the 4th quarter worth approximately $93,000. Finally, Tocqueville Asset Management L.P. lifted its holdings in shares of Carlisle Companies by 6.0% in the 4th quarter. Tocqueville Asset Management L.P. now owns 4,375 shares of the conglomerate’s stock worth $1,614,000 after acquiring an additional 248 shares during the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CSL has been the topic of a number of recent research reports. Loop Capital reduced their price objective on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research note on Friday, January 10th. Oppenheimer reissued an “outperform” rating and set a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Finally, The Goldman Sachs Group decreased their target price on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research note 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’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $476.00.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of Carlisle Companies stock in a transaction on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total value of $52,579.50. Following the completion of the sale, the vice president now owns 815 shares of the company’s stock, valued at approximately $285,681.95. This trade represents a 15.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $349.24, for a total value of $366,702.00. Following the completion of the transaction, the director now owns 2,665 shares of the company’s stock, valued at $930,724.60. This represents a 28.26 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.

Carlisle Companies Trading Down 0.8 %

NYSE CSL opened at $340.15 on Wednesday. The firm has a market capitalization of $15.16 billion, a PE ratio of 12.31, a P/E/G ratio of 1.03 and a beta of 0.99. The stock’s 50 day moving average is $361.27 and its 200 day moving average is $404.80. Carlisle Companies Incorporated has a twelve month low of $321.93 and a twelve month high of $481.26. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77.

Carlisle Companies (NYSE:CSL) last released its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, topping analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. During the same period in the prior year, the firm posted $4.17 EPS. Research analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio (DPR) is 14.48%.

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.