Achmea Investment Management B.V. Purchases 15,740 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Achmea Investment Management B.V. grew its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 78.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,823 shares of the conglomerate’s stock after buying an additional 15,740 shares during the quarter. Achmea Investment Management B.V. owned 0.08% of Carlisle Companies worth $13,213,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in CSL. FMR LLC boosted 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 acquiring an additional 218,002 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in Carlisle Companies by 6,405.8% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate’s stock valued at $80,757,000 after purchasing an additional 176,799 shares during the period. AustralianSuper Pty Ltd boosted its holdings in Carlisle Companies by 732.1% in the fourth quarter. AustralianSuper Pty Ltd now owns 142,856 shares of the conglomerate’s stock worth $52,691,000 after purchasing an additional 125,687 shares during the last quarter. Holocene Advisors LP grew its position in Carlisle Companies by 151.3% in the 3rd quarter. Holocene Advisors LP now owns 176,974 shares of the conglomerate’s stock worth $79,594,000 after purchasing an additional 106,539 shares during the period. Finally, Geode Capital Management LLC raised its stake in 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 buying an additional 102,436 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Stock Performance

Shares of CSL opened at $326.61 on Friday. Carlisle Companies Incorporated has a 52 week low of $321.93 and a 52 week high of $481.26. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. The stock has a market cap of $14.55 billion, a price-to-earnings ratio of 11.82, a PEG ratio of 1.03 and a beta of 0.99. The business has a 50-day simple moving average of $363.79 and a two-hundred day simple moving average of $407.17.

Carlisle Companies (NYSE:CSL) last released its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. During the same period last year, the business posted $4.17 earnings per share. On average, analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio (DPR) is 14.48%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CSL shares. The Goldman Sachs Group dropped their price target on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Truist Financial initiated coverage on Carlisle Companies in a research report on Thursday, November 14th. They issued a “hold” rating and a $460.00 target price on the stock. Oppenheimer reaffirmed an “outperform” rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Finally, Loop Capital dropped their price objective 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. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $476.00.

Insider Buying and Selling

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

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.