Bahl & Gaynor Inc. Buys 378 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Bahl & Gaynor Inc. grew its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 140,975 shares of the conglomerate’s stock after acquiring an additional 378 shares during the period. Bahl & Gaynor Inc.’s holdings in Carlisle Companies were worth $44,045,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Allworth Financial LP lifted its stake in shares of Carlisle Companies by 88.9% during the 4th quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock valued at $27,000 after buying an additional 40 shares in the last quarter. Tennessee Valley Asset Management Partners purchased a new stake in Carlisle Companies in the 4th quarter worth $40,000. Signaturefd LLC lifted its stake in Carlisle Companies by 28.9% in the 3rd quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock worth $51,000 after purchasing an additional 44 shares in the last quarter. Mendota Financial Group LLC purchased a new stake in Carlisle Companies in the 4th quarter worth $53,000. Finally, Tobam purchased a new stake in Carlisle Companies in the 4th quarter worth $59,000. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Price Performance

Shares of CSL opened at $400.56 on Friday. Carlisle Companies Incorporated has a fifty-two week low of $205.10 and a fifty-two week high of $415.00. The company has a 50 day moving average price of $371.87 and a 200-day moving average price of $320.12. 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 stock has a market capitalization of $19.15 billion, a PE ratio of 23.24, a PEG ratio of 1.36 and a beta of 0.93.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Thursday, April 25th. The conglomerate reported $3.72 EPS for the quarter, beating analysts’ consensus estimates of $2.74 by $0.98. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.23%. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $993.06 million. Equities analysts predict that Carlisle Companies Incorporated will post 18.72 earnings per share for the current fiscal 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 issued 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 dividend yield of 0.85%. Carlisle Companies’s dividend payout ratio is currently 19.71%.

Analyst Ratings Changes

CSL has been the topic of several research analyst reports. Robert W. Baird boosted their price target on shares of Carlisle Companies from $435.00 to $465.00 and gave the stock an “outperform” rating in a research note on Friday. StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. Oppenheimer upped their target price on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a research report on Friday. The Goldman Sachs Group began coverage on shares of Carlisle Companies in a research report on Wednesday, April 3rd. They set a “buy” rating and a $455.00 target price on the stock. Finally, Loop Capital upped their target price 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. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $398.33.

Insiders Place Their Bets

In other news, CEO D Christian Koch sold 6,454 shares of the stock in a transaction 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 sale, the chief executive officer now owns 86,652 shares in the company, valued at $30,114,169.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Lori A. Snyder sold 8,101 shares of the firm’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 sale, the insider now owns 5,212 shares in the company, valued at $1,770,203.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO D Christian Koch sold 6,454 shares of the firm’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $347.53, for a total transaction of $2,242,958.62. Following the sale, the chief executive officer now owns 86,652 shares in the company, valued at approximately $30,114,169.56. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,255 shares of company stock valued at $5,231,360. Insiders own 1.50% of the company’s stock.

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.