4D Advisors LLC Purchases Shares of 20,000 Carlisle Companies Incorporated $CSL

4D Advisors LLC purchased a new stake in Carlisle Companies Incorporated (NYSE:CSL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,000 shares of the conglomerate’s stock, valued at approximately $6,397,000. Carlisle Companies comprises about 3.5% of 4D Advisors LLC’s investment portfolio, making the stock its 8th largest position.

Several other hedge funds also recently added to or reduced their stakes in CSL. BOK Financial Private Wealth Inc. purchased a new position in shares of Carlisle Companies during the fourth quarter worth approximately $27,000. Torren Management LLC purchased a new position in shares of Carlisle Companies during the fourth quarter worth approximately $33,000. Osterweis Capital Management Inc. purchased a new position in shares of Carlisle Companies during the second quarter worth approximately $36,000. Quarry LP purchased a new position in shares of Carlisle Companies during the fourth quarter worth approximately $36,000. Finally, Rothschild Investment LLC grew its position in shares of Carlisle Companies by 3,866.7% during the fourth quarter. Rothschild Investment LLC now owns 119 shares of the conglomerate’s stock worth $38,000 after acquiring an additional 116 shares during the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Carlisle Companies Price Performance

Carlisle Companies stock opened at $342.09 on Thursday. Carlisle Companies Incorporated has a one year low of $293.43 and a one year high of $435.92. The company has a debt-to-equity ratio of 1.74, a quick ratio of 2.58 and a current ratio of 3.38. The business has a fifty day moving average of $347.64 and a two-hundred day moving average of $351.07. The company has a market cap of $13.84 billion, a P/E ratio of 20.11, a price-to-earnings-growth ratio of 1.12 and a beta of 0.86.

Carlisle Companies (NYSE:CSL) last released its earnings results on Thursday, April 23rd. The conglomerate reported $3.63 EPS for the quarter, beating analysts’ consensus estimates of $3.31 by $0.32. Carlisle Companies had a return on equity of 43.78% and a net margin of 14.57%.The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter last year, the company earned $3.61 earnings per share. Carlisle Companies’s quarterly revenue was down 4.0% compared to the same quarter last year. As a group, analysts predict that Carlisle Companies Incorporated will post 21.16 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 18th were issued a $1.10 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $4.40 dividend on an annualized basis and a yield of 1.3%. Carlisle Companies’s dividend payout ratio (DPR) is 25.87%.

Analysts Set New Price Targets

CSL has been the topic of a number of analyst reports. William Blair reiterated a “market perform” rating on shares of Carlisle Companies in a research report on Wednesday, March 18th. Truist Financial lifted their price objective on shares of Carlisle Companies from $340.00 to $360.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Raymond James Financial initiated coverage on shares of Carlisle Companies in a research report on Monday, April 27th. They issued an “outperform” rating and a $425.00 price objective on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Carlisle Companies in a research report on Friday, March 27th. Finally, Robert W. Baird lifted their price objective on shares of Carlisle Companies from $402.00 to $425.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $405.00.

Carlisle Companies Company Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.