Fiduciary Management Inc. WI Has $171.31 Million Stock Holdings in Carlisle Companies Incorporated $CSL

Fiduciary Management Inc. WI cut its position in Carlisle Companies Incorporated (NYSE:CSL) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 535,581 shares of the conglomerate’s stock after selling 29,487 shares during the period. Carlisle Companies comprises about 1.9% of Fiduciary Management Inc. WI’s portfolio, making the stock its 19th largest position. Fiduciary Management Inc. WI’s holdings in Carlisle Companies were worth $171,311,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of CSL. Barclays PLC raised its holdings in Carlisle Companies by 947.3% in the third quarter. Barclays PLC now owns 499,341 shares of the conglomerate’s stock worth $164,263,000 after purchasing an additional 451,662 shares during the period. Sands Capital Management LLC raised its holdings in Carlisle Companies by 99.2% in the third quarter. Sands Capital Management LLC now owns 849,501 shares of the conglomerate’s stock worth $279,452,000 after purchasing an additional 423,141 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Carlisle Companies by 10,568.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389,198 shares of the conglomerate’s stock worth $124,489,000 after purchasing an additional 385,550 shares during the period. Norges Bank acquired a new stake in Carlisle Companies in the fourth quarter worth $87,543,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in Carlisle Companies in the fourth quarter worth $76,626,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CSL. Oppenheimer increased their target price on shares of Carlisle Companies from $420.00 to $425.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Zacks Research upgraded shares of Carlisle Companies from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. JPMorgan Chase & Co. increased their target price on shares of Carlisle Companies from $400.00 to $420.00 and gave the stock an “overweight” rating in a report on Monday, March 9th. Robert W. Baird raised their price objective on shares of Carlisle Companies from $402.00 to $425.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Carlisle Companies in a report on Friday, March 27th. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $405.00.

Carlisle Companies Stock Up 1.0%

Carlisle Companies stock opened at $346.01 on Friday. The company has a market cap of $14.00 billion, a P/E ratio of 20.34, a price-to-earnings-growth ratio of 1.09 and a beta of 0.86. Carlisle Companies Incorporated has a 1-year low of $293.43 and a 1-year high of $435.92. The company has a fifty day simple moving average of $345.53 and a 200 day simple moving average of $348.71. The company has a current ratio of 3.38, a quick ratio of 2.58 and a debt-to-equity ratio of 1.74.

Carlisle Companies (NYSE:CSL) last released its earnings results on Thursday, April 23rd. The conglomerate reported $3.63 earnings per share for the quarter, beating analysts’ consensus estimates of $3.31 by $0.32. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.45 billion. Carlisle Companies had a net margin of 14.57% and a return on equity of 43.78%. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same quarter last year, the firm earned $3.61 earnings per share. Research analysts anticipate that Carlisle Companies Incorporated will post 21.18 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were given a $1.10 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $4.40 dividend on an annualized basis and a yield of 1.3%. Carlisle Companies’s dividend payout ratio (DPR) is 25.87%.

About Carlisle Companies

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.