Triodos Investment Management BV Buys New Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Triodos Investment Management BV bought a new position in Carlisle Companies Incorporated (NYSE:CSL) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 51,600 shares of the conglomerate’s stock, valued at approximately $19,032,000. Triodos Investment Management BV owned 0.11% of Carlisle Companies at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. TD Private Client Wealth LLC increased its stake in Carlisle Companies by 475.0% in the fourth quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate’s stock valued at $25,000 after acquiring an additional 57 shares during the period. True Wealth Design LLC boosted its holdings in Carlisle Companies by 1,400.0% during 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 in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Carlisle Companies by 95.1% in the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate’s stock valued at $59,000 after purchasing an additional 78 shares during the period. Quarry LP raised its holdings in shares of Carlisle Companies by 75.0% in the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after buying an additional 57 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in Carlisle Companies by 55.4% during the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock worth $69,000 after acquiring an additional 67 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Analyst Ratings Changes

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

Carlisle Companies Stock Performance

Shares of NYSE:CSL opened at $349.88 on Friday. Carlisle Companies Incorporated has a fifty-two week low of $321.93 and a fifty-two week high of $481.26. The company has a market capitalization of $15.45 billion, a price-to-earnings ratio of 12.66, a P/E/G ratio of 1.03 and a beta of 0.99. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. The firm’s 50 day simple moving average is $356.59 and its 200 day simple moving average is $401.85.

Carlisle Companies (NYSE:CSL) last announced its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm posted $4.17 earnings per share. As a group, sell-side analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies’s payout ratio is currently 14.48%.

Insiders Place Their Bets

In other news, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction dated 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 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 ownership of the stock. The sale was disclosed in a legal 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 dated Saturday, February 8th. The stock was 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. This represents a 15.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

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.