Leith Wheeler Investment Counsel Ltd. Has $10.33 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Leith Wheeler Investment Counsel Ltd. reduced its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 3.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 28,012 shares of the conglomerate’s stock after selling 1,005 shares during the quarter. Leith Wheeler Investment Counsel Ltd.’s holdings in Carlisle Companies were worth $10,332,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Diversify Advisory Services LLC raised its holdings in Carlisle Companies by 1.7% in the fourth quarter. Diversify Advisory Services LLC now owns 1,587 shares of the conglomerate’s stock worth $586,000 after purchasing an additional 26 shares during the period. GeoWealth Management LLC boosted its stake in Carlisle Companies by 25.0% in the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate’s stock worth $53,000 after purchasing an additional 29 shares during the period. GAMMA Investing LLC increased its holdings in Carlisle Companies by 3.0% during the 4th quarter. GAMMA Investing LLC now owns 1,325 shares of the conglomerate’s stock worth $489,000 after purchasing an additional 38 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Carlisle Companies by 2.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate’s stock valued at $535,000 after purchasing an additional 38 shares during the period. Finally, Metis Global Partners LLC lifted its holdings in shares of Carlisle Companies by 6.4% in the fourth quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate’s stock valued at $238,000 after purchasing an additional 39 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Price Performance

NYSE:CSL opened at $376.84 on Tuesday. The stock’s 50-day simple moving average is $342.27 and its 200 day simple moving average is $386.45. The company has a market cap of $16.64 billion, a P/E ratio of 13.64, a P/E/G ratio of 1.03 and a beta of 0.94. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. Carlisle Companies Incorporated has a 52-week low of $311.41 and a 52-week high of $481.26.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share for the quarter, topping analysts’ consensus estimates of $3.53 by $0.08. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The business’s revenue was down .1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.72 earnings per share. As a group, sell-side analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Analysts Set New Price Targets

CSL has been the topic of a number of research reports. Loop Capital cut their price target on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a report on Friday, January 10th. Zelman & Associates upgraded Carlisle Companies from an “underperform” rating to a “neutral” rating in a report on Monday, April 14th. Robert W. Baird boosted their price target on Carlisle Companies from $455.00 to $460.00 and gave the company an “outperform” rating in a report on Thursday, April 24th. StockNews.com lowered Carlisle Companies from a “hold” rating to a “sell” rating in a report on Monday. Finally, Truist Financial lowered their target price on Carlisle Companies from $420.00 to $390.00 and set a “hold” rating on the stock in a research report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $454.00.

Insider Activity

In other news, VP Mehul Patel sold 150 shares of the company’s stock in a transaction that occurred on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total value of $52,579.50. Following the transaction, the vice president now owns 815 shares of the company’s stock, valued at approximately $285,681.95. This represents a 15.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jonathan R. Collins sold 1,050 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $349.24, for a total value of $366,702.00. Following the completion of the transaction, the director now directly owns 2,665 shares in the company, valued at $930,724.60. The trade was a 28.26 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.

Carlisle Companies Company 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.