Kingsview Wealth Management LLC Makes New $1.38 Million Investment in Carlisle Companies Incorporated (NYSE:CSL)

Kingsview Wealth Management LLC purchased a new stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,405 shares of the conglomerate's stock, valued at approximately $1,376,000.

Other large investors also recently bought and sold shares of the company. Teacher Retirement System of Texas grew its position in shares of Carlisle Companies by 2.3% in the third quarter. Teacher Retirement System of Texas now owns 3,951 shares of the conglomerate's stock valued at $1,024,000 after purchasing an additional 87 shares during the period. Daiwa Securities Group Inc. boosted its holdings in Carlisle Companies by 0.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 7,350 shares of the conglomerate's stock worth $1,906,000 after buying an additional 50 shares during the last quarter. Coldstream Capital Management Inc. increased its stake in Carlisle Companies by 2.1% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,958 shares of the conglomerate's stock worth $508,000 after buying an additional 41 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its stake in Carlisle Companies by 21.3% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,406 shares of the conglomerate's stock worth $365,000 after buying an additional 247 shares in the last quarter. Finally, Platinum Investment Management Ltd. raised its holdings in shares of Carlisle Companies by 13.8% during the third quarter. Platinum Investment Management Ltd. now owns 323,490 shares of the conglomerate's stock valued at $83,868,000 after acquiring an additional 39,227 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company's stock.

Insider Transactions at Carlisle Companies

In related news, VP David W. Smith sold 2,037 shares of the business's stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $405.58, for a total value of $826,166.46. Following the sale, the vice president now directly owns 2,834 shares in the company, valued at approximately $1,149,413.72. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Carlisle Companies news, CAO Stephen Aldrich sold 1,095 shares of the company's stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $397.50, for a total transaction of $435,262.50. Following the transaction, the chief accounting officer now directly owns 1,624 shares in the company, valued at $645,540. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David W. Smith sold 2,037 shares of the business's stock in a transaction on Monday, May 6th. The shares were sold at an average price of $405.58, for a total value of $826,166.46. Following the completion of the sale, the vice president now owns 2,834 shares in the company, valued at approximately $1,149,413.72. The disclosure for this sale can be found here. Company insiders own 1.50% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Loop Capital lifted their price target on Carlisle Companies from $375.00 to $440.00 and gave the stock a "buy" rating in a research note on Monday, April 1st. Oppenheimer increased their target price on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an "outperform" rating in a research report on Friday, April 26th. Robert W. Baird raised their price target on shares of Carlisle Companies from $435.00 to $465.00 and gave the stock an "outperform" rating in a research note on Friday, April 26th. StockNews.com raised shares of Carlisle Companies from a "hold" rating to a "buy" rating in a research note on Wednesday, February 7th. Finally, The Goldman Sachs Group began coverage on shares of Carlisle Companies in a research note on Wednesday, April 3rd. They issued a "buy" rating and a $455.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $416.00.

Carlisle Companies Trading Up 0.8 %

Shares of CSL traded up $3.42 during mid-day trading on Friday, reaching $417.63. The stock had a trading volume of 283,423 shares, compared to its average volume of 340,734. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.95 and a quick ratio of 2.61. The business's fifty day moving average is $388.44 and its 200 day moving average is $337.40. Carlisle Companies Incorporated has a 52-week low of $207.91 and a 52-week high of $426.67. The firm has a market cap of $19.88 billion, a price-to-earnings ratio of 24.21, a P/E/G ratio of 1.43 and a beta of 0.90.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.74 by $0.98. The business had revenue of $1.10 billion during 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 30.41%. On average, sell-side analysts predict that Carlisle Companies Incorporated will post 19.91 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Monday, May 20th will be given a $0.85 dividend. The ex-dividend date is Friday, May 17th. This represents a $3.40 dividend on an annualized basis and a yield of 0.81%. Carlisle Companies's dividend payout ratio is currently 19.71%.

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.