Carlisle Companies Incorporated (NYSE:CSL) Receives $476.00 Average Price Target from Analysts

Shares of Carlisle Companies Incorporated (NYSE:CSL) have been assigned an average recommendation of “Moderate Buy” from the five research firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $476.00.

Several analysts have recently commented on CSL shares. 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 research report on Tuesday, January 14th. Oppenheimer reissued an “outperform” rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Finally, Loop Capital reduced their price objective on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research report on Friday, January 10th.

Carlisle Companies Stock Up 0.1 %

CSL opened at $348.96 on Wednesday. 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 company has a market cap of $15.41 billion, a price-to-earnings ratio of 12.63, a PEG ratio of 1.03 and a beta of 0.99. Carlisle Companies has a one year low of $321.93 and a one year high of $481.26. The business’s fifty day moving average is $358.30 and its two-hundred day moving average is $402.61.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, topping the consensus estimate of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. During the same period last year, the firm posted $4.17 EPS. Analysts anticipate that Carlisle Companies will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $1.00 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.15%. Carlisle Companies’s payout ratio is currently 14.48%.

Insider Buying and Selling at Carlisle Companies

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

Institutional Trading of Carlisle Companies

Several institutional investors have recently made changes to their positions in CSL. Wealth Enhancement Advisory Services LLC boosted its holdings in Carlisle Companies by 105.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 21,795 shares of the conglomerate’s stock valued at $8,039,000 after acquiring an additional 11,170 shares during the last quarter. Siemens Fonds Invest GmbH lifted its stake in shares of Carlisle Companies by 31.6% in the 4th quarter. Siemens Fonds Invest GmbH now owns 857 shares of the conglomerate’s stock valued at $316,000 after purchasing an additional 206 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Carlisle Companies during the 4th quarter worth about $10,703,000. Jefferies Financial Group Inc. acquired a new stake in Carlisle Companies during the 4th quarter worth approximately $4,163,000. Finally, Wilkins Miller Wealth Management LLC purchased a new position in Carlisle Companies in the fourth quarter valued at approximately $390,000. 89.52% of the stock is owned by hedge funds and other institutional investors.

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.