Carlisle Companies Incorporated (NYSE:CSL) Receives Average Recommendation of “Moderate Buy” from Analysts

Carlisle Companies Incorporated (NYSE:CSL) has been assigned a consensus rating of “Moderate Buy” from the five research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $476.00.

CSL has been the subject of several analyst reports. Truist Financial started coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They set a “hold” rating and a $460.00 price target for the company. The Goldman Sachs Group reduced their target price on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Loop Capital dropped their price target on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research note on Friday, January 10th. Robert W. Baird cut their price target on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Oppenheimer reissued an “outperform” rating and issued a $495.00 price objective (down from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th.

Insider Activity at Carlisle Companies

In related news, VP Mehul Patel sold 150 shares of the firm’s stock in a transaction dated Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the completion of the transaction, the vice president now owns 815 shares of the company’s stock, valued at $285,681.95. This trade represents a 15.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $349.24, for a total transaction of $366,702.00. Following the completion of the sale, the director now owns 2,665 shares in the company, valued at approximately $930,724.60. This trade represents a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Institutional Trading of Carlisle Companies

A number of large investors have recently added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new stake in shares of Carlisle Companies during the 3rd quarter valued at $25,000. TD Private Client Wealth LLC increased its stake in Carlisle Companies by 475.0% in the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate’s stock worth $25,000 after purchasing an additional 57 shares in the last quarter. True Wealth Design LLC lifted its stake in Carlisle Companies by 1,400.0% during the third quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock valued at $34,000 after buying an additional 70 shares in the last quarter. Quarry LP boosted its holdings in shares of Carlisle Companies by 75.0% in the third quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after buying an additional 57 shares during the period. Finally, GeoWealth Management LLC raised its holdings in shares of Carlisle Companies by 25.0% during the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate’s stock valued at $53,000 after acquiring an additional 29 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Price Performance

Shares of CSL opened at $334.48 on Friday. The firm has a market cap of $14.90 billion, a price-to-earnings ratio of 12.11, a PEG ratio of 1.05 and a beta of 0.96. The stock has a 50 day moving average of $375.76 and a 200-day moving average of $412.86. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. Carlisle Companies has a 52 week low of $332.34 and a 52 week high of $481.26.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating 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 quarter in the prior year, the firm posted $4.17 earnings per share. As a group, analysts forecast that Carlisle Companies will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Tuesday, February 18th. Carlisle Companies’s dividend payout ratio (DPR) is presently 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.