Stonebrook Private Inc. Makes New $631,000 Investment in Carlisle Companies Incorporated (NYSE:CSL)

Stonebrook Private Inc. acquired a new stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,021 shares of the conglomerate's stock, valued at approximately $631,000.

Several other hedge funds also recently modified their holdings of CSL. SG Americas Securities LLC increased its stake in shares of Carlisle Companies by 14.9% in the 3rd quarter. SG Americas Securities LLC now owns 6,612 shares of the conglomerate's stock valued at $1,714,000 after acquiring an additional 856 shares in the last quarter. Golden State Equity Partners bought a new stake in shares of Carlisle Companies in the 3rd quarter valued at $219,000. Copeland Capital Management LLC increased its stake in shares of Carlisle Companies by 1.2% in the 3rd quarter. Copeland Capital Management LLC now owns 109,817 shares of the conglomerate's stock valued at $28,471,000 after acquiring an additional 1,281 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Carlisle Companies by 0.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 14,508 shares of the conglomerate's stock valued at $3,762,000 after acquiring an additional 74 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in Carlisle Companies by 924.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 10,026 shares of the conglomerate's stock valued at $2,599,000 after purchasing an additional 9,047 shares in the last quarter. Institutional investors own 89.52% of the company's stock.

Carlisle Companies Stock Performance

Shares of NYSE:CSL traded up $18.53 during midday trading on Friday, reaching $400.56. The company had a trading volume of 681,997 shares, compared to its average volume of 251,156. The company's 50 day moving average price is $371.87 and its 200 day moving average price is $320.89. The company has a current ratio of 2.87, a quick ratio of 2.57 and a debt-to-equity ratio of 0.67. The stock has a market cap of $19.15 billion, a P/E ratio of 23.22, a P/E/G ratio of 1.43 and a beta of 0.93. Carlisle Companies Incorporated has a 52-week low of $205.10 and a 52-week high of $415.00.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share for the quarter, topping analysts' consensus estimates of $2.74 by $0.98. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $993.06 million. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.23%. As a group, sell-side analysts anticipate that Carlisle Companies Incorporated will post 19.08 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 0.85%. The ex-dividend date was Thursday, February 15th. Carlisle Companies's dividend payout ratio (DPR) is presently 19.71%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Oppenheimer boosted their price target on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an "outperform" rating in a research note on Friday. The Goldman Sachs Group assumed coverage on shares of Carlisle Companies in a research note on Wednesday, April 3rd. They set a "buy" rating and a $455.00 price target for the company. Robert W. Baird boosted their price target on shares of Carlisle Companies from $435.00 to $465.00 and gave the company an "outperform" rating in a research note on Friday. Loop Capital boosted their price target on shares of Carlisle Companies from $375.00 to $440.00 and gave the company a "buy" rating in a research note on Monday, April 1st. Finally, StockNews.com upgraded shares of Carlisle Companies from a "hold" rating to a "buy" rating in a research note on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, Carlisle Companies has an average rating of "Moderate Buy" and an average target price of $398.33.

Insider Buying and Selling at Carlisle Companies

In other news, insider Lori A. Snyder sold 8,101 shares of the company's stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the sale, the insider now directly owns 5,212 shares in the company, valued at $1,770,203.68. The sale was disclosed in a document filed with the SEC, which is available at this link. In other news, insider Lori A. Snyder sold 8,101 shares of the company's stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the sale, the insider now directly owns 5,212 shares in the company, valued at $1,770,203.68. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP David W. Smith sold 700 shares of the company's stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $338.54, for a total value of $236,978.00. Following the sale, the vice president now owns 2,834 shares in the company, valued at $959,422.36. The disclosure for this sale can be found here. Insiders have sold a total of 15,255 shares of company stock valued at $5,231,360 over the last three months. 1.50% of the stock is currently owned by insiders.

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.