U.S. Capital Wealth Advisors LLC Makes New Investment in Carlisle Companies Incorporated (NYSE:CSL)

U.S. Capital Wealth Advisors LLC purchased a new position in shares of Carlisle Companies Incorporated (NYSE:CSL) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,006 shares of the conglomerate’s stock, valued at approximately $2,584,000.

A number of other institutional investors also recently bought and sold shares of the business. Franklin Resources Inc. raised its position in Carlisle Companies by 1.4% during the 3rd quarter. Franklin Resources Inc. now owns 1,177,014 shares of the conglomerate’s stock worth $566,061,000 after buying an additional 16,303 shares during the last quarter. FMR LLC increased its holdings in shares of Carlisle Companies by 29.6% during the 3rd quarter. FMR LLC now owns 955,289 shares of the conglomerate’s stock valued at $429,641,000 after purchasing an additional 218,002 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Carlisle Companies by 13.3% during the 3rd quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock valued at $391,827,000 after purchasing an additional 102,436 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Carlisle Companies by 14.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 338,343 shares of the conglomerate’s stock valued at $152,170,000 after purchasing an additional 41,766 shares in the last quarter. Finally, Zurich Insurance Group Ltd FI increased its holdings in shares of Carlisle Companies by 5.7% during the 3rd quarter. Zurich Insurance Group Ltd FI now owns 202,761 shares of the conglomerate’s stock valued at $91,192,000 after purchasing an additional 11,023 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CSL has been the subject of several recent research reports. The Goldman Sachs Group cut their target price on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Truist Financial started coverage on shares of Carlisle Companies in a research note on Thursday, November 14th. They set a “hold” rating and a $460.00 target price on the stock. Loop Capital lowered their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research note on Friday, January 10th. Oppenheimer reaffirmed an “outperform” rating and set 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 lowered their target price on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $476.00.

Insider Activity at Carlisle Companies

In related news, VP David W. Smith sold 275 shares of the business’s stock in a transaction dated 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 directly owns 2,834 shares in the company, valued at approximately $1,256,623.94. The trade was a 8.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.50% of the stock is owned by insiders.

Carlisle Companies Stock Down 2.0 %

NYSE CSL opened at $381.62 on Tuesday. Carlisle Companies Incorporated has a 52 week low of $313.56 and a 52 week high of $481.26. The company has a quick ratio of 2.29, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. The business’s fifty day simple moving average is $400.32 and its 200-day simple moving average is $418.80. The firm has a market cap of $17.30 billion, a PE ratio of 13.50, a P/E/G ratio of 1.15 and a beta of 0.96.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $1.00 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.05%. Carlisle Companies’s dividend payout ratio (DPR) is currently 14.15%.

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.