4,810 Shares in Carlisle Companies Incorporated (NYSE:CSL) Acquired by Kinsale Capital Group Inc.

Kinsale Capital Group Inc. bought a new position in shares of Carlisle Companies Incorporated (NYSE:CSL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,810 shares of the conglomerate’s stock, valued at approximately $1,774,000.

Other large investors also recently bought and sold shares of the company. Capital Performance Advisors LLP purchased a new position in Carlisle Companies during the third quarter worth approximately $25,000. True Wealth Design LLC raised its stake in shares of Carlisle Companies by 1,400.0% in the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 70 shares during the period. Quarry LP raised its stake in shares of Carlisle Companies by 75.0% in the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock valued at $60,000 after acquiring an additional 57 shares during the period. UMB Bank n.a. raised its stake in shares of Carlisle Companies by 55.4% in the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock valued at $69,000 after acquiring an additional 67 shares during the period. Finally, Covestor Ltd raised its stake in shares of Carlisle Companies by 19.3% in the 3rd quarter. Covestor Ltd now owns 198 shares of the conglomerate’s stock valued at $89,000 after acquiring an additional 32 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CSL shares. Truist Financial started coverage on shares of Carlisle Companies in a research note on Thursday, November 14th. They set a “hold” rating and a $460.00 price target on the stock. Loop Capital decreased their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a report on Friday, January 10th. The Goldman Sachs Group decreased their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Finally, Oppenheimer reissued an “outperform” rating and set a $495.00 price objective (down from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $476.00.

Carlisle Companies Stock Up 1.5 %

Carlisle Companies stock opened at $340.26 on Friday. Carlisle Companies Incorporated has a one year low of $332.04 and a one year high of $481.26. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The firm has a market capitalization of $15.16 billion, a P/E ratio of 12.31, a P/E/G ratio of 1.03 and a beta of 0.96. The company has a 50-day simple moving average of $370.24 and a 200-day simple moving average of $411.36.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. During the same quarter last year, the firm posted $4.17 earnings per share. As a group, equities 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 will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend is Tuesday, February 18th. Carlisle Companies’s payout ratio is currently 14.48%.

Insider Transactions at Carlisle Companies

In other news, VP Mehul Patel sold 150 shares of the firm’s stock in a transaction on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the completion of the sale, the vice president now directly owns 815 shares of the company’s stock, valued at $285,681.95. This trade represents a 15.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jonathan R. Collins sold 1,050 shares of the firm’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $349.24, for a total value of $366,702.00. Following the sale, the director now directly owns 2,665 shares of the company’s stock, valued at approximately $930,724.60. This represents a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

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.