Leith Wheeler Investment Counsel Ltd. Has $10.33 Million Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Leith Wheeler Investment Counsel Ltd. lessened its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 3.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,012 shares of the conglomerate's stock after selling 1,005 shares during the period. Leith Wheeler Investment Counsel Ltd. owned about 0.06% of Carlisle Companies worth $10,332,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Norges Bank bought a new stake in shares of Carlisle Companies in the 4th quarter valued at approximately $208,095,000. Wells Fargo & Company MN grew its stake in shares of Carlisle Companies by 692.1% in the 4th quarter. Wells Fargo & Company MN now owns 616,873 shares of the conglomerate's stock valued at $227,527,000 after buying an additional 538,990 shares in the last quarter. Madison Investment Advisors LLC bought a new stake in shares of Carlisle Companies in the 4th quarter valued at approximately $148,208,000. Inlight Wealth Management LLC bought a new stake in shares of Carlisle Companies in the 4th quarter valued at approximately $118,038,000. Finally, AustralianSuper Pty Ltd grew its stake in shares of Carlisle Companies by 732.1% in the 4th quarter. AustralianSuper Pty Ltd now owns 142,856 shares of the conglomerate's stock valued at $52,691,000 after buying an additional 125,687 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company's stock.

Insiders Place Their Bets

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

Carlisle Companies Price Performance

Shares of Carlisle Companies stock opened at $376.84 on Tuesday. 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's 50-day simple moving average is $342.27 and its 200-day simple moving average is $386.45. Carlisle Companies Incorporated has a twelve month low of $311.41 and a twelve month high of $481.26. The firm has a market cap of $16.64 billion, a P/E ratio of 13.64, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, beating analysts' consensus estimates of $3.53 by $0.08. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. The company's revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the business earned $3.72 earnings per share. As a group, research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on CSL. Truist Financial decreased their target price on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. Loop Capital lowered their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research note on Friday, January 10th. Robert W. Baird upped their target price on shares of Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a research note on Thursday, April 24th. The Goldman Sachs Group decreased 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. Finally, Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Carlisle Companies has a consensus rating of "Hold" and an average price target of $454.00.

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.

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