Canandaigua National Bank & Trust Co. Sells 168 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Canandaigua National Bank & Trust Co. reduced its position in Carlisle Companies Incorporated (NYSE:CSL) by 3.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,919 shares of the conglomerate’s stock after selling 168 shares during the period. Canandaigua National Bank & Trust Co.’s holdings in Carlisle Companies were worth $1,814,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. National Bank of Canada FI grew its holdings in shares of Carlisle Companies by 326.4% during the second quarter. National Bank of Canada FI now owns 4,767 shares of the conglomerate’s stock valued at $1,896,000 after buying an additional 3,649 shares during the last quarter. Candriam S.C.A. boosted its stake in Carlisle Companies by 70.6% during the 2nd quarter. Candriam S.C.A. now owns 5,590 shares of the conglomerate’s stock valued at $2,265,000 after purchasing an additional 2,314 shares during the last quarter. Savant Capital LLC increased its holdings in Carlisle Companies by 1.4% during the 2nd quarter. Savant Capital LLC now owns 8,204 shares of the conglomerate’s stock worth $3,325,000 after purchasing an additional 113 shares in the last quarter. Los Angeles Capital Management LLC raised its stake in shares of Carlisle Companies by 580.2% in the second quarter. Los Angeles Capital Management LLC now owns 3,959 shares of the conglomerate’s stock worth $1,604,000 after purchasing an additional 3,377 shares during the last quarter. Finally, Gallacher Capital Management LLC bought a new position in shares of Carlisle Companies in the second quarter valued at approximately $214,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

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 stock was sold at an average price of $443.41, for a total value of $121,937.75. Following the sale, the vice president now directly owns 2,834 shares in the company, valued at $1,256,623.94. The trade was a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.50% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on CSL shares. Truist Financial initiated coverage on Carlisle Companies in a report on Thursday, November 14th. They set a “hold” rating and a $460.00 price target for the company. Oppenheimer reiterated an “outperform” rating and issued a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Finally, Robert W. Baird dropped their price target on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $470.00.

Carlisle Companies Stock Down 0.2 %

Shares of NYSE:CSL opened at $370.46 on Tuesday. Carlisle Companies Incorporated has a 1 year low of $297.25 and a 1 year high of $481.26. The company has a market capitalization of $16.79 billion, a PE ratio of 13.11, a price-to-earnings-growth ratio of 1.41 and a beta of 0.96. The business has a fifty day moving average price of $421.02 and a two-hundred day moving average price of $422.58. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.29.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share for the quarter, missing the consensus estimate of $5.82 by ($0.04). The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.38 billion. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. Carlisle Companies’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.68 EPS. Analysts forecast that Carlisle Companies Incorporated will post 20.25 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, November 15th were issued a $1.00 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.08%. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.15%.

About Carlisle Companies

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.