Carlisle Companies Incorporated $CSL Shares Purchased by Waycross Partners LLC

Waycross Partners LLC raised its position in Carlisle Companies Incorporated (NYSE:CSL) by 35.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,465 shares of the conglomerate’s stock after acquiring an additional 14,228 shares during the quarter. Carlisle Companies makes up about 1.4% of Waycross Partners LLC’s holdings, making the stock its 26th biggest holding. Waycross Partners LLC owned about 0.13% of Carlisle Companies worth $17,421,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its holdings in shares of Carlisle Companies by 36.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 105,468 shares of the conglomerate’s stock valued at $35,912,000 after purchasing an additional 28,414 shares in the last quarter. MAI Capital Management grew its stake in shares of Carlisle Companies by 26.6% during the second quarter. MAI Capital Management now owns 157 shares of the conglomerate’s stock worth $59,000 after purchasing an additional 33 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Carlisle Companies by 0.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 331,215 shares of the conglomerate’s stock valued at $123,676,000 after buying an additional 842 shares during the last quarter. Prudential Financial Inc. increased its holdings in Carlisle Companies by 21.0% in the second quarter. Prudential Financial Inc. now owns 9,428 shares of the conglomerate’s stock valued at $3,520,000 after buying an additional 1,637 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its stake in Carlisle Companies by 1.7% in the second quarter. Steward Partners Investment Advisory LLC now owns 8,015 shares of the conglomerate’s stock valued at $2,993,000 after buying an additional 133 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Insider Transactions at Carlisle Companies

In other news, insider Stephen Schwar sold 6,049 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $417.36, for a total transaction of $2,524,610.64. Following the transaction, the insider directly owned 8,540 shares in the company, valued at approximately $3,564,254.40. This trade represents a 41.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP David W. Smith sold 1,800 shares of Carlisle Companies stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $414.05, for a total transaction of $745,290.00. Following the completion of the transaction, the vice president directly owned 3,697 shares in the company, valued at $1,530,742.85. The trade was a 32.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 68,289 shares of company stock worth $28,125,467 in the last three months. Corporate insiders own 1.50% of the company’s stock.

Carlisle Companies Stock Performance

NYSE CSL opened at $325.68 on Friday. The company has a fifty day moving average of $369.95 and a two-hundred day moving average of $344.20. The company has a market capitalization of $13.31 billion, a PE ratio of 19.03, a P/E/G ratio of 1.07 and a beta of 0.91. Carlisle Companies Incorporated has a 1 year low of $293.43 and a 1 year high of $435.92. The company has a debt-to-equity ratio of 1.60, a current ratio of 3.09 and a quick ratio of 2.49.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Tuesday, February 3rd. The conglomerate reported $3.90 EPS for the quarter, topping analysts’ consensus estimates of $3.60 by $0.30. Carlisle Companies had a return on equity of 41.58% and a net margin of 14.76%.The business had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter in the previous year, the firm earned $4.47 earnings per share. The business’s revenue was up .4% compared to the same quarter last year. As a group, analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $4.40 annualized dividend and a yield of 1.4%. Carlisle Companies’s payout ratio is 25.72%.

Analysts Set New Price Targets

A number of analysts have issued reports on CSL shares. Oppenheimer lifted their price target on Carlisle Companies from $400.00 to $435.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Carlisle Companies in a research report on Monday, December 29th. Robert W. Baird set a $420.00 target price on Carlisle Companies in a research note on Wednesday, February 4th. JPMorgan Chase & Co. upped their price target on Carlisle Companies from $400.00 to $420.00 and gave the company an “overweight” rating in a report on Monday, March 9th. Finally, William Blair reiterated a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, March 18th. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $399.17.

Carlisle Companies Company Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.