Carlisle Companies Incorporated (NYSE:CSL) Holdings Trimmed by Vanguard Group Inc.

Vanguard Group Inc. reduced its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,640,902 shares of the conglomerate’s stock after selling 112,817 shares during the period. Vanguard Group Inc. owned approximately 10.24% of Carlisle Companies worth $1,711,750,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CSL. TD Private Client Wealth LLC raised its holdings in shares of Carlisle Companies by 475.0% in the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate’s stock worth $25,000 after purchasing an additional 57 shares in the last quarter. 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 buying an additional 70 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Carlisle Companies by 95.1% during the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate’s stock valued at $59,000 after acquiring an additional 78 shares during the last quarter. Quarry LP lifted its position in shares of Carlisle Companies by 75.0% during the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock valued at $60,000 after acquiring an additional 57 shares during the last quarter. Finally, UMB Bank n.a. grew its holdings in shares of Carlisle Companies by 55.4% in the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock worth $69,000 after acquiring an additional 67 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on CSL. Oppenheimer reaffirmed an “outperform” rating and set a $495.00 target price (down from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. The Goldman Sachs Group reduced their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Finally, Loop Capital dropped their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Carlisle Companies currently has an average rating of “Moderate Buy” and a consensus price target of $476.00.

Carlisle Companies Stock Down 0.6 %

Shares of Carlisle Companies stock opened at $347.06 on Thursday. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. Carlisle Companies Incorporated has a 1 year low of $321.93 and a 1 year high of $481.26. The stock has a 50-day moving average price of $357.49 and a 200 day moving average price of $402.22. The company has a market cap of $15.32 billion, a P/E ratio of 12.56, a P/E/G ratio of 1.03 and a beta of 0.99.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 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 quarter in the previous year, the company earned $4.17 earnings per share. As a group, analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.48%.

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 completion of the sale, the director now 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Mehul Patel sold 150 shares of the firm’s stock in a transaction that occurred on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total transaction of $52,579.50. Following the transaction, the vice president now directly owns 815 shares in the company, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate 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.