Crewe Advisors LLC Sells 105 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Crewe Advisors LLC decreased its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 35.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 188 shares of the conglomerate’s stock after selling 105 shares during the quarter. Crewe Advisors LLC’s holdings in Carlisle Companies were worth $69,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Resonant Capital Advisors LLC grew its holdings in shares of Carlisle Companies by 3.4% during the third quarter. Resonant Capital Advisors LLC now owns 739 shares of the conglomerate’s stock valued at $332,000 after buying an additional 24 shares during the last quarter. Tributary Capital Management LLC grew its holdings in shares of Carlisle Companies by 1.1% during the third quarter. Tributary Capital Management LLC now owns 2,275 shares of the conglomerate’s stock valued at $1,023,000 after buying an additional 24 shares during the last quarter. Diversify Advisory Services LLC grew its holdings in shares of Carlisle Companies by 1.6% during the third quarter. Diversify Advisory Services LLC now owns 1,561 shares of the conglomerate’s stock valued at $719,000 after buying an additional 25 shares during the last quarter. Equitable Trust Co. grew its holdings in shares of Carlisle Companies by 0.3% during the third quarter. Equitable Trust Co. now owns 8,614 shares of the conglomerate’s stock valued at $3,874,000 after buying an additional 25 shares during the last quarter. Finally, Metis Global Partners LLC boosted its holdings in Carlisle Companies by 5.2% in the third quarter. Metis Global Partners LLC now owns 607 shares of the conglomerate’s stock valued at $273,000 after purchasing an additional 30 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Insider Buying and Selling

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 transaction of $121,937.75. Following the completion of the transaction, the vice president now owns 2,834 shares in the company, valued at $1,256,623.94. This represents a 8.85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.50% of the company’s stock.

Carlisle Companies Trading Up 2.0 %

CSL stock opened at $349.66 on Friday. The company’s 50-day simple moving average is $394.15 and its 200-day simple moving average is $417.50. The company has a quick ratio of 2.29, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. Carlisle Companies Incorporated has a 52-week low of $333.50 and a 52-week high of $481.26. The firm has a market cap of $15.85 billion, a P/E ratio of 12.37, a PEG ratio of 1.15 and a beta of 0.96.

Carlisle Companies (NYSE:CSL) last posted its earnings results 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 27.05% and a return on equity of 33.29%. During the same quarter last year, the company posted $4.17 EPS. As a group, equities analysts forecast that Carlisle Companies Incorporated will post 20.23 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.14%. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.15%.

Analysts Set New Price Targets

Several research firms have commented on CSL. Robert W. Baird lowered their price target on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Loop Capital lowered their price target on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a report on Friday, January 10th. Oppenheimer reaffirmed an “outperform” rating and issued a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Truist Financial began coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They issued a “hold” rating and a $460.00 price target on the stock. Finally, The Goldman Sachs Group lowered their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $476.00.

Carlisle Companies Company 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.