Carlisle Companies Incorporated (NYSE:CSL) Shares Purchased by Welch & Forbes LLC

Welch & Forbes LLC raised its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 78,741 shares of the conglomerate’s stock after buying an additional 982 shares during the period. Welch & Forbes LLC’s holdings in Carlisle Companies were worth $24,601,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Pacer Advisors Inc. boosted its position in shares of Carlisle Companies by 5,351.1% during 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 in the last quarter. Morgan Stanley boosted its position in shares of Carlisle Companies by 3.6% during the 3rd quarter. Morgan Stanley now owns 2,578,221 shares of the conglomerate’s stock valued at $668,430,000 after purchasing an additional 90,597 shares in the last quarter. Adage Capital Partners GP L.L.C. boosted its position in shares of Carlisle Companies by 4,974.6% during the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 85,000 shares of the conglomerate’s stock valued at $22,037,000 after purchasing an additional 83,325 shares in the last quarter. Invesco Ltd. boosted its position in shares of Carlisle Companies by 36.9% during the 3rd quarter. Invesco Ltd. now owns 269,752 shares of the conglomerate’s stock valued at $69,936,000 after purchasing an additional 72,741 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Carlisle Companies by 63.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 163,647 shares of the conglomerate’s stock valued at $42,427,000 after purchasing an additional 63,260 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Insider Transactions at Carlisle Companies

In other news, VP David W. Smith sold 700 shares of the stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $338.54, for a total transaction of $236,978.00. Following the transaction, the vice president now owns 2,834 shares in the company, valued at approximately $959,422.36. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, insider Lori A. Snyder sold 8,101 shares of the stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the transaction, the insider now owns 5,212 shares in the company, valued at approximately $1,770,203.68. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP David W. Smith sold 700 shares of the stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $338.54, for a total transaction of $236,978.00. Following the transaction, the vice president now owns 2,834 shares in the company, valued at approximately $959,422.36. The disclosure for this sale can be found here. Insiders have sold a total of 18,387 shares of company stock worth $6,492,789 in the last 90 days. 1.50% of the stock is owned by insiders.

Carlisle Companies Stock Up 1.8 %

NYSE CSL traded up $7.37 on Monday, reaching $405.84. The stock had a trading volume of 313,929 shares, compared to its average volume of 286,683. Carlisle Companies Incorporated has a 1 year low of $205.10 and a 1 year high of $415.00. The business has a 50 day moving average price of $376.23 and a 200 day moving average price of $325.57. The company has a current ratio of 2.95, a quick ratio of 2.61 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $19.43 billion, a price-to-earnings ratio of 23.53, a P/E/G ratio of 1.36 and a beta of 0.90.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Thursday, April 25th. The conglomerate reported $3.72 EPS for the quarter, topping analysts’ consensus estimates of $2.74 by $0.98. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $993.06 million. Carlisle Companies had a return on equity of 30.41% and a net margin of 17.13%. On average, analysts forecast that Carlisle Companies Incorporated will post 19.51 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Monday, May 20th will be paid a dividend of $0.85 per share. The ex-dividend date of this dividend is Friday, May 17th. This represents a $3.40 annualized dividend and a dividend yield of 0.84%. Carlisle Companies’s dividend payout ratio (DPR) is 19.71%.

Wall Street Analysts Forecast Growth

CSL has been the topic of a number of recent analyst reports. 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 report on Monday, April 1st. The Goldman Sachs Group started coverage on Carlisle Companies in a report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 target price for the company. Robert W. Baird lifted their price target on Carlisle Companies from $435.00 to $465.00 and gave the company an “outperform” rating in a report on Friday, April 26th. StockNews.com raised Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Finally, Oppenheimer lifted their target price on Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $416.00.

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.