Carlisle Companies Incorporated (NYSE:CSL) Stock Holdings Lifted by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 9.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,620 shares of the conglomerate’s stock after purchasing an additional 400 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Carlisle Companies were worth $1,704,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in CSL. FMR LLC lifted its stake in Carlisle Companies by 29.6% in the third quarter. FMR LLC now owns 955,289 shares of the conglomerate’s stock valued at $429,641,000 after buying an additional 218,002 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Carlisle Companies by 6,405.8% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate’s stock worth $80,757,000 after acquiring an additional 176,799 shares during the period. Holocene Advisors LP lifted 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 valued at $79,594,000 after purchasing an additional 106,539 shares during the last quarter. Geode Capital Management LLC boosted 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 purchasing an additional 102,436 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in Carlisle Companies by 846.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 62,599 shares of the conglomerate’s stock worth $28,154,000 after purchasing an additional 55,988 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Carlisle Companies

In other news, VP David W. Smith sold 275 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $443.41, for a total transaction of $121,937.75. Following the sale, the vice president now owns 2,834 shares in the company, valued at $1,256,623.94. The trade was a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.50% of the company’s stock.

Carlisle Companies Trading Up 2.0 %

Carlisle Companies stock opened at $349.66 on Friday. Carlisle Companies Incorporated has a 1 year low of $333.50 and a 1 year high of $481.26. The firm’s 50 day moving average price is $394.15 and its two-hundred day moving average price is $417.50. The firm has a market cap of $15.85 billion, a price-to-earnings ratio of 12.37, a price-to-earnings-growth ratio of 1.15 and a beta of 0.96. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. During the same period in the previous year, the business posted $4.17 EPS. On average, research analysts predict that Carlisle Companies Incorporated will post 20.23 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.14%. Carlisle Companies’s payout ratio is presently 14.15%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on CSL shares. The Goldman Sachs Group lowered their price target on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Truist Financial initiated coverage on Carlisle Companies in a report on Thursday, November 14th. They set a “hold” rating and a $460.00 target price on the stock. Oppenheimer reiterated an “outperform” rating and set a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Loop Capital cut their price objective 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, Robert W. Baird lowered their target price on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Carlisle Companies presently has an average rating of “Moderate Buy” and an average target price of $476.00.

About Carlisle Companies

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.