Resonant Capital Advisors LLC Has $332,000 Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Resonant Capital Advisors LLC boosted its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 3.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 739 shares of the conglomerate’s stock after acquiring an additional 24 shares during the period. Resonant Capital Advisors LLC’s holdings in Carlisle Companies were worth $332,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. ORG Wealth Partners LLC bought a new stake in Carlisle Companies in the third quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Carlisle Companies in the 2nd quarter valued at about $32,000. ORG Partners LLC acquired a new stake in shares of Carlisle Companies in the 2nd quarter valued at approximately $31,000. Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Carlisle Companies in the 2nd quarter valued at approximately $39,000. Finally, Sound Income Strategies LLC boosted its stake in Carlisle Companies by 564.7% during the 1st quarter. Sound Income Strategies LLC now owns 113 shares of the conglomerate’s stock worth $44,000 after acquiring an additional 96 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Robert W. Baird boosted their price target on shares of Carlisle Companies from $500.00 to $506.00 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Oppenheimer reissued an “outperform” rating and issued a $480.00 target price (up from $475.00) on shares of Carlisle Companies in a research note on Wednesday, September 4th. Finally, StockNews.com lowered Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $470.25.

Carlisle Companies Trading Down 0.3 %

CSL opened at $471.16 on Monday. The stock has a market capitalization of $22.43 billion, a P/E ratio of 27.31, a P/E/G ratio of 1.52 and a beta of 0.91. The company has a current ratio of 2.89, a quick ratio of 2.50 and a debt-to-equity ratio of 0.63. Carlisle Companies Incorporated has a 12 month low of $235.79 and a 12 month high of $481.26. The firm’s fifty day simple moving average is $429.00 and its 200 day simple moving average is $414.22.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings results on Wednesday, July 24th. The conglomerate reported $6.24 EPS for the quarter, beating analysts’ consensus estimates of $5.84 by $0.40. The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.45 billion. Carlisle Companies had a return on equity of 31.65% and a net margin of 27.88%. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the company posted $5.18 earnings per share. As a group, research analysts anticipate that Carlisle Companies Incorporated will post 20.57 EPS for the current fiscal year.

Carlisle Companies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Tuesday, August 20th were given a dividend of $1.00 per share. The ex-dividend date was Tuesday, August 20th. This represents a $4.00 dividend on an annualized basis and a yield of 0.85%. This is an increase from Carlisle Companies’s previous quarterly dividend of $0.85. Carlisle Companies’s dividend payout ratio is 23.19%.

Insider Transactions at Carlisle Companies

In other news, CFO Kevin P. Zdimal sold 21,470 shares of the business’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $425.29, for a total value of $9,130,976.30. Following the sale, the chief financial officer now owns 35,641 shares of the company’s stock, valued at $15,157,760.89. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, VP David W. Smith sold 600 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $425.56, for a total transaction of $255,336.00. Following the sale, the vice president now owns 2,834 shares in the company, valued at $1,206,037.04. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Kevin P. Zdimal sold 21,470 shares of the stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $425.29, for a total value of $9,130,976.30. Following the completion of the sale, the chief financial officer now directly owns 35,641 shares of the company’s stock, valued at approximately $15,157,760.89. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

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.