2,328 Shares in Carlisle Companies Incorporated (NYSE:CSL) Bought by Main Management ETF Advisors LLC

Main Management ETF Advisors LLC acquired a new position in Carlisle Companies Incorporated (NYSE:CSL) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,328 shares of the conglomerate’s stock, valued at approximately $1,047,000.

A number of other large investors have also recently bought and sold shares of CSL. Capital Performance Advisors LLP bought a new stake in Carlisle Companies in the third quarter worth $25,000. ORG Partners LLC bought a new stake in Carlisle Companies in the second quarter worth $31,000. ORG Wealth Partners LLC bought a new stake in Carlisle Companies in the third quarter worth $32,000. True Wealth Design LLC boosted its holdings in Carlisle Companies by 1,400.0% in the third quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 70 shares in the last quarter. Finally, Gilliland Jeter Wealth Management LLC acquired a new position in Carlisle Companies during the 2nd quarter worth $39,000. 89.52% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

CSL has been the subject of a number of research analyst reports. Oppenheimer boosted their target price on shares of Carlisle Companies from $480.00 to $505.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. Truist Financial initiated coverage on shares of Carlisle Companies in a research report on Thursday, November 14th. They set a “hold” rating and a $460.00 target price for the company. Robert W. Baird cut their target price on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, StockNews.com lowered shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $472.00.

Insider Activity at Carlisle Companies

In related news, VP David W. Smith sold 275 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $443.41, for a total value of $121,937.75. Following the sale, the vice president now owns 2,834 shares of the company’s stock, valued at $1,256,623.94. The trade was a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.50% of the stock is currently owned by insiders.

Carlisle Companies Stock Up 0.9 %

Shares of CSL opened at $440.38 on Friday. The company has a 50-day simple moving average of $449.64 and a 200-day simple moving average of $426.31. The firm has a market capitalization of $19.96 billion, a P/E ratio of 15.58, a P/E/G ratio of 1.44 and a beta of 0.92. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. Carlisle Companies Incorporated has a 52 week low of $290.32 and a 52 week high of $481.26.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing analysts’ consensus estimates of $5.82 by ($0.04). The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.38 billion. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the company posted $4.68 EPS. On average, equities research analysts expect that Carlisle Companies Incorporated will post 20.25 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, November 15th will be paid a $1.00 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a yield of 0.91%. Carlisle Companies’s payout ratio is currently 14.15%.

Carlisle Companies 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.