Stonebrook Private Inc. Purchases New Shares in Carlisle Companies Incorporated (NYSE:CSL)

Stonebrook Private Inc. purchased a new stake in shares of Carlisle Companies Incorporated (NYSE:CSL) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,021 shares of the conglomerate’s stock, valued at approximately $631,000.

Other hedge funds have also added to or reduced their stakes in the company. Pacer Advisors Inc. boosted its stake in Carlisle Companies by 5,351.1% in the fourth quarter. Pacer Advisors Inc. now owns 421,422 shares of the conglomerate’s stock valued at $131,665,000 after acquiring an additional 413,691 shares during the last quarter. Morgan Stanley boosted its stake in Carlisle Companies by 3.6% in the third quarter. Morgan Stanley now owns 2,578,221 shares of the conglomerate’s stock valued at $668,430,000 after acquiring an additional 90,597 shares during the last quarter. Adage Capital Partners GP L.L.C. boosted its stake in Carlisle Companies by 4,974.6% in the third quarter. Adage Capital Partners GP L.L.C. now owns 85,000 shares of the conglomerate’s stock valued at $22,037,000 after acquiring an additional 83,325 shares during the last quarter. Invesco Ltd. boosted its stake in Carlisle Companies by 36.9% in the third quarter. Invesco Ltd. now owns 269,752 shares of the conglomerate’s stock valued at $69,936,000 after acquiring an additional 72,741 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Carlisle Companies by 63.0% in the third quarter. Envestnet Asset Management Inc. now owns 163,647 shares of the conglomerate’s stock valued at $42,427,000 after acquiring an additional 63,260 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Insiders Place Their Bets

In other Carlisle Companies news, CEO D Christian Koch sold 6,454 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 86,652 shares of the company’s stock, valued at approximately $30,114,169.56. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Carlisle Companies news, CEO D Christian Koch sold 6,454 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 86,652 shares of the company’s stock, valued at approximately $30,114,169.56. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Lori A. Snyder sold 8,101 shares of the company’s 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 completion of the sale, the insider now directly owns 5,212 shares of the company’s stock, valued at approximately $1,770,203.68. The disclosure for this sale can be found here. Insiders sold a total of 15,255 shares of company stock valued at $5,231,360 in the last quarter. Corporate insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

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

Carlisle Companies Price Performance

Carlisle Companies stock traded up $18.53 during midday trading on Friday, reaching $400.56. 681,997 shares of the stock were exchanged, compared to its average volume of 251,156. The company’s fifty day moving average is $371.87 and its 200-day moving average is $320.52. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.57 and a current ratio of 2.87. The firm has a market cap of $19.15 billion, a PE ratio of 23.22, a PEG ratio of 1.43 and a beta of 0.93. Carlisle Companies Incorporated has a 52 week low of $205.10 and a 52 week high of $415.00.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.74 by $0.98. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $993.06 million. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.23%. On average, sell-side analysts forecast that Carlisle Companies Incorporated will post 19.08 EPS for the current year.

Carlisle Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were paid a $0.85 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $3.40 dividend on an annualized basis and a yield of 0.85%. Carlisle Companies’s dividend payout ratio is presently 19.71%.

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.