Running Oak Capital LLC Buys 4,341 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Running Oak Capital LLC lifted its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 16.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 31,025 shares of the conglomerate's stock after buying an additional 4,341 shares during the quarter. Carlisle Companies makes up 1.9% of Running Oak Capital LLC's portfolio, making the stock its 11th biggest position. Running Oak Capital LLC owned approximately 0.06% of Carlisle Companies worth $9,693,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CSL. Birch Hill Investment Advisors LLC lifted its position in Carlisle Companies by 50.5% in the 4th quarter. Birch Hill Investment Advisors LLC now owns 14,374 shares of the conglomerate's stock valued at $4,491,000 after purchasing an additional 4,820 shares during the last quarter. Banco Santander S.A. bought a new stake in Carlisle Companies in the 3rd quarter valued at about $341,000. Exchange Traded Concepts LLC bought a new stake in Carlisle Companies in the 4th quarter valued at about $1,093,000. Pacer Advisors Inc. lifted its position in Carlisle Companies by 5,351.1% in the 4th quarter. Pacer Advisors Inc. now owns 421,422 shares of the conglomerate's stock valued at $131,665,000 after purchasing an additional 413,691 shares during the last quarter. Finally, Pathstone Family Office LLC lifted its position in Carlisle Companies by 63.6% in the 3rd quarter. Pathstone Family Office LLC now owns 3,152 shares of the conglomerate's stock valued at $817,000 after purchasing an additional 1,225 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CSL. StockNews.com upgraded shares of Carlisle Companies from a "hold" rating to a "buy" rating in a research report on Wednesday, February 7th. Oppenheimer boosted their price target on shares of Carlisle Companies from $412.00 to $430.00 and gave the stock an "outperform" rating in a research report on Friday, April 26th. The Goldman Sachs Group started coverage on shares of Carlisle Companies in a research report on Wednesday, April 3rd. They set a "buy" rating and a $455.00 price target on the stock. Robert W. Baird boosted their price target on shares of Carlisle Companies from $435.00 to $465.00 and gave the stock an "outperform" rating in a research report on Friday, April 26th. Finally, Loop Capital boosted their price target on shares of Carlisle Companies from $375.00 to $440.00 and gave the stock a "buy" rating in a research report on Monday, April 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Carlisle Companies has an average rating of "Moderate Buy" and a consensus price target of $416.00.

Carlisle Companies Price Performance

Shares of CSL traded up $10.32 during mid-day trading on Thursday, hitting $395.50. The company's stock had a trading volume of 369,217 shares, compared to its average volume of 287,390. The firm has a 50-day moving average price of $374.54 and a 200 day moving average price of $323.24. The stock has a market capitalization of $18.83 billion, a price-to-earnings ratio of 22.81, a PEG ratio of 1.33 and a beta of 0.90. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.95 and a quick ratio of 2.57. Carlisle Companies Incorporated has a fifty-two week low of $205.10 and a fifty-two week high of $415.00.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The conglomerate reported $3.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $0.98. The company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $993.06 million. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.41%. On average, research analysts predict that Carlisle Companies Incorporated will post 19.51 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Monday, May 20th will be paid a $0.85 dividend. The ex-dividend date is Friday, May 17th. This represents a $3.40 annualized dividend and a dividend yield of 0.86%. Carlisle Companies's dividend payout ratio is currently 19.71%.

Insider Transactions at Carlisle Companies

In other news, CEO D Christian Koch sold 6,454 shares of Carlisle Companies stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $347.53, for a total value of $2,242,958.62. Following the transaction, the chief executive officer now owns 86,652 shares of the company's stock, valued at approximately $30,114,169.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, VP David W. Smith sold 700 shares of Carlisle Companies stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $338.54, for a total value of $236,978.00. Following the transaction, the vice president now directly owns 2,834 shares of the company's stock, valued at $959,422.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO D Christian Koch sold 6,454 shares of Carlisle Companies stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $347.53, for a total transaction of $2,242,958.62. Following the completion of the transaction, the chief executive officer now directly owns 86,652 shares in the company, valued at $30,114,169.56. The disclosure for this sale can be found here. Insiders have sold 15,255 shares of company stock valued at $5,231,360 in the last quarter. 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.