Occudo Quantitative Strategies LP Sells 163 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Occudo Quantitative Strategies LP lessened its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 5.3% during the fourth quarter, HoldingsChannel reports. The firm owned 2,899 shares of the conglomerate’s stock after selling 163 shares during the quarter. Occudo Quantitative Strategies LP’s holdings in Carlisle Companies were worth $1,069,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. TD Private Client Wealth LLC boosted 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 buying an additional 57 shares in the last quarter. GeoWealth Management LLC raised its stake in Carlisle Companies by 25.0% during the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate’s stock worth $53,000 after acquiring an additional 29 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Carlisle Companies by 95.1% in the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate’s stock worth $59,000 after acquiring an additional 78 shares during the last quarter. UMB Bank n.a. boosted its stake 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 valued at $69,000 after purchasing an additional 67 shares in the last quarter. Finally, Quarry LP grew its holdings in shares of Carlisle Companies by 39.8% during the 4th quarter. Quarry LP now owns 186 shares of the conglomerate’s stock valued at $69,000 after purchasing an additional 53 shares during the last quarter. Institutional investors own 89.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Zelman & Associates raised shares of Carlisle Companies from an “underperform” rating to a “neutral” rating in a research note on Monday, April 14th. StockNews.com upgraded shares of Carlisle Companies from a “sell” rating to a “hold” rating in a report on Tuesday, May 6th. Truist Financial dropped their price target on Carlisle Companies from $420.00 to $390.00 and set a “hold” rating for the company in a research note on Thursday, April 24th. Robert W. Baird boosted their price objective on Carlisle Companies from $455.00 to $460.00 and gave the stock an “outperform” rating in a research report on Thursday, April 24th. Finally, The Goldman Sachs Group dropped their target price on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $454.00.

Carlisle Companies Trading Down 0.0%

Shares of NYSE CSL opened at $400.90 on Wednesday. The firm has a 50 day moving average price of $353.74 and a two-hundred day moving average price of $381.30. The stock has a market cap of $17.34 billion, a P/E ratio of 14.51, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07. Carlisle Companies Incorporated has a 52-week low of $311.41 and a 52-week high of $481.26. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share for the quarter, beating analysts’ consensus estimates of $3.53 by $0.08. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. Carlisle Companies’s quarterly revenue was down .1% on a year-over-year basis. During the same period in the prior year, the business posted $3.72 earnings per share. As a group, equities analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Monday, May 19th. Carlisle Companies’s dividend payout ratio is currently 14.89%.

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.