R Squared Ltd Takes $140,000 Position in Carlisle Companies Incorporated (NYSE:CSL)

R Squared Ltd acquired a new position in Carlisle Companies Incorporated (NYSE:CSL) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 380 shares of the conglomerate’s stock, valued at approximately $140,000.

A number of other hedge funds have also bought and sold shares of CSL. Capital Performance Advisors LLP bought a new stake in shares of Carlisle Companies in the third quarter worth approximately $25,000. ORG Wealth Partners LLC bought a new stake in Carlisle Companies in the 3rd quarter worth approximately $32,000. True Wealth Design LLC raised its stake in Carlisle Companies by 1,400.0% during the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock valued at $34,000 after buying an additional 70 shares during the last quarter. UMB Bank n.a. lifted its holdings in shares of Carlisle Companies by 317.2% during the 3rd quarter. UMB Bank n.a. now owns 121 shares of the conglomerate’s stock valued at $54,000 after buying an additional 92 shares during the period. Finally, Quarry LP boosted its stake in shares of Carlisle Companies by 75.0% in the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after buying an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Carlisle Companies Trading Down 1.5 %

Shares of Carlisle Companies stock opened at $389.53 on Thursday. Carlisle Companies Incorporated has a fifty-two week low of $310.04 and a fifty-two week high of $481.26. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. The company has a market capitalization of $17.66 billion, a P/E ratio of 13.78, a P/E/G ratio of 1.19 and a beta of 0.96. The company has a fifty day moving average of $404.24 and a 200 day moving average of $419.74.

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend is Tuesday, February 18th. Carlisle Companies’s dividend payout ratio is currently 14.15%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CSL shares. Robert W. Baird reduced their price target on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. 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. Truist Financial started coverage on shares of Carlisle Companies in a research report on Thursday, November 14th. They set a “hold” rating and a $460.00 price objective for the company. Loop Capital decreased their target price on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a report on Friday, January 10th. Finally, Oppenheimer reissued an “outperform” rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $476.00.

Insider Activity at Carlisle Companies

In other Carlisle Companies news, VP David W. Smith sold 275 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $443.41, for a total value of $121,937.75. Following the sale, the vice president now owns 2,834 shares in the company, valued at $1,256,623.94. The trade was a 8.85 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is owned by corporate insiders.

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.