Carlisle Companies Incorporated (NYSE:CSL) Receives $476.00 Consensus Price Target from Analysts

Shares of Carlisle Companies Incorporated (NYSE:CSLGet Free Report) have been assigned an average rating of “Moderate Buy” from the five research firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $476.00.

A number of equities research analysts recently commented on CSL shares. Robert W. Baird dropped their price target on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. Loop Capital reduced their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a report on Friday, January 10th. Truist Financial started coverage on Carlisle Companies in a research report on Thursday, November 14th. They issued a “hold” rating and a $460.00 price target for the company. Oppenheimer restated an “outperform” rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Finally, The Goldman Sachs Group lowered 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.

Check Out Our Latest Analysis on Carlisle Companies

Carlisle Companies Price Performance

CSL stock opened at $394.62 on Tuesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. The company’s fifty day moving average price is $403.30 and its 200-day moving average price is $419.57. Carlisle Companies has a one year low of $313.14 and a one year high of $481.26. The company has a market capitalization of $17.89 billion, a PE ratio of 13.96, a price-to-earnings-growth ratio of 1.19 and a beta of 0.96.

Carlisle Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a dividend of $1.00 per share. The ex-dividend date is Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.01%. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.15%.

Insider Activity

In related news, VP David W. Smith sold 275 shares of Carlisle Companies stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $443.41, for a total value of $121,937.75. Following the completion of the sale, the vice president now directly owns 2,834 shares in the company, valued at $1,256,623.94. This trade represents a 8.85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Carlisle Companies

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Capital Performance Advisors LLP acquired a new position in shares of Carlisle Companies in the 3rd quarter valued at $25,000. ORG Wealth Partners LLC purchased a new stake in Carlisle Companies during the 3rd quarter valued at about $32,000. True Wealth Design LLC increased its holdings in shares of Carlisle Companies by 1,400.0% in the third quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 70 shares during the period. UMB Bank n.a. raised its stake in shares of Carlisle Companies by 317.2% in the third quarter. UMB Bank n.a. now owns 121 shares of the conglomerate’s stock worth $54,000 after purchasing an additional 92 shares during the last quarter. Finally, Quarry LP lifted its holdings in shares of Carlisle Companies by 75.0% during the third quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after purchasing an additional 57 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Company Profile

(Get Free Report

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.

See Also

Analyst Recommendations for Carlisle Companies (NYSE:CSL)

Receive News & Ratings for Carlisle Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlisle Companies and related companies with MarketBeat.com's FREE daily email newsletter.