Laurus Investment Counsel Inc. Has $1.06 Million Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Laurus Investment Counsel Inc. lessened its stake in Carlisle Companies Incorporated (NYSE:CSL) by 3.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,390 shares of the conglomerate’s stock after selling 130 shares during the quarter. Laurus Investment Counsel Inc.’s holdings in Carlisle Companies were worth $1,059,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Huntington National Bank increased its stake in shares of Carlisle Companies by 7.0% during the 2nd quarter. Huntington National Bank now owns 535 shares of the conglomerate’s stock worth $137,000 after purchasing an additional 35 shares during the last quarter. Coldstream Capital Management Inc. increased its stake in shares of 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 purchasing an additional 41 shares during the last quarter. Signaturefd LLC increased its stake in shares of Carlisle Companies by 28.9% during the 3rd quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock worth $51,000 after purchasing an additional 44 shares during the last quarter. Benson Investment Management Company Inc. boosted its holdings in shares of Carlisle Companies by 0.4% during the 4th quarter. Benson Investment Management Company Inc. now owns 11,011 shares of the conglomerate’s stock worth $3,440,000 after buying an additional 47 shares during the period. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Carlisle Companies by 0.7% during 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 period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Price Performance

NYSE:CSL opened at $388.62 on Thursday. The company has a 50-day moving average of $345.76 and a 200-day moving average of $301.98. The company has a market capitalization of $18.58 billion, a price-to-earnings ratio of 25.50, a PEG ratio of 1.40 and a beta of 0.92. Carlisle Companies Incorporated has a 52 week low of $203.65 and a 52 week high of $392.63. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.57 and a current ratio of 2.87.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Tuesday, February 6th. The conglomerate reported $4.17 EPS for the quarter, topping analysts’ consensus estimates of $3.47 by $0.70. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.09 billion. Carlisle Companies had a net margin of 15.07% and a return on equity of 28.31%. The firm’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period last year, the firm earned $3.92 EPS. As a group, equities research analysts anticipate that Carlisle Companies Incorporated will post 18.51 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were given a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date was Thursday, February 15th. Carlisle Companies’s dividend payout ratio (DPR) is currently 22.31%.

Insider Buying and Selling

In other Carlisle Companies news, insider Lori A. Snyder sold 8,101 shares of the firm’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $339.64, for a total value of $2,751,423.64. Following the completion of the sale, the insider now owns 5,212 shares in the company, valued at approximately $1,770,203.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related 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 transaction of $236,978.00. Following the transaction, the vice president now owns 2,834 shares of the company’s stock, valued at approximately $959,422.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Lori A. Snyder sold 8,101 shares of Carlisle Companies stock in a transaction that occurred on 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 transaction, the insider now directly owns 5,212 shares in the company, valued at approximately $1,770,203.68. The disclosure for this sale can be found here. Insiders sold 15,255 shares of company stock worth $5,231,360 in the last quarter. 1.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Robert W. Baird upped their price objective on shares of Carlisle Companies from $365.00 to $400.00 and gave the stock an “outperform” rating in a report on Tuesday, March 19th. Oppenheimer upped their price objective on shares of Carlisle Companies from $355.00 to $405.00 and gave the stock an “outperform” rating in a report on Wednesday, March 20th. Finally, StockNews.com raised shares of Carlisle Companies from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Carlisle Companies has a consensus rating of “Moderate Buy” and an average price target of $331.67.

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.