Xponance Inc. Grows Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Xponance Inc. lifted its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 4.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,142 shares of the conglomerate’s stock after acquiring an additional 358 shares during the quarter. Xponance Inc.’s holdings in Carlisle Companies were worth $3,003,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Diversify Advisory Services LLC increased its holdings in Carlisle Companies by 1.7% in the 4th quarter. Diversify Advisory Services LLC now owns 1,587 shares of the conglomerate’s stock worth $586,000 after acquiring an additional 26 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Carlisle Companies by 3.0% in the fourth quarter. GAMMA Investing LLC now owns 1,325 shares of the conglomerate’s stock valued at $489,000 after purchasing an additional 38 shares during the period. Metis Global Partners LLC raised its position in shares of Carlisle Companies by 6.4% during the 4th quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate’s stock worth $238,000 after purchasing an additional 39 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in Carlisle Companies by 1.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 4,141 shares of the conglomerate’s stock valued at $1,527,000 after buying an additional 43 shares in the last quarter. Finally, MorganRosel Wealth Management LLC boosted its holdings in Carlisle Companies by 1.9% in the 4th quarter. MorganRosel Wealth Management LLC now owns 2,833 shares of the conglomerate’s stock worth $1,045,000 after buying an additional 52 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Mehul Patel sold 150 shares of the company’s stock in a transaction that occurred on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total value of $52,579.50. Following the transaction, the vice president now directly owns 815 shares in the company, valued at approximately $285,681.95. This represents a 15.54 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction that occurred on Friday, February 7th. The shares were 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 of the company’s stock, valued at $930,724.60. This trade represents a 28.26 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

Carlisle Companies Stock Down 0.7 %

Shares of NYSE:CSL opened at $336.89 on Friday. Carlisle Companies Incorporated has a 52-week low of $321.93 and a 52-week high of $481.26. The stock has a market cap of $15.01 billion, a P/E ratio of 12.19, a PEG ratio of 1.03 and a beta of 0.99. The business has a fifty day moving average of $359.46 and a two-hundred day moving average of $403.35. 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 quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, topping the consensus estimate 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 previous year, the company earned $4.17 earnings per share. On average, research analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio is presently 14.48%.

Analyst Ratings Changes

CSL has been the topic of several research reports. The Goldman Sachs Group decreased their target price on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Loop Capital decreased their price objective on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a report on Friday, January 10th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $476.00.

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.