AustralianSuper Pty Ltd Acquires 125,687 Shares of Carlisle Companies Incorporated (NYSE:CSL)

AustralianSuper Pty Ltd raised its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 732.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 142,856 shares of the conglomerate's stock after purchasing an additional 125,687 shares during the quarter. AustralianSuper Pty Ltd owned about 0.32% of Carlisle Companies worth $52,691,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Franklin Resources Inc. boosted its position in shares of Carlisle Companies by 1.4% in the 3rd quarter. Franklin Resources Inc. now owns 1,177,014 shares of the conglomerate's stock worth $566,061,000 after buying an additional 16,303 shares in the last quarter. FMR LLC lifted its position in shares of 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 acquiring an additional 218,002 shares in the last quarter. Geode Capital Management LLC increased its position in Carlisle Companies by 13.3% during the 3rd quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate's stock worth $391,827,000 after purchasing an additional 102,436 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Carlisle Companies by 14.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 338,343 shares of the conglomerate's stock worth $152,170,000 after purchasing an additional 41,766 shares in the last quarter. Finally, Zurich Insurance Group Ltd FI lifted its stake in shares of Carlisle Companies by 5.7% during the third quarter. Zurich Insurance Group Ltd FI now owns 202,761 shares of the conglomerate's stock valued at $91,192,000 after buying an additional 11,023 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Stock Performance

Shares of CSL traded down $4.10 during mid-day trading on Wednesday, hitting $350.89. The stock had a trading volume of 583,703 shares, compared to its average volume of 432,025. The company has a quick ratio of 2.29, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. The company has a market cap of $15.91 billion, a PE ratio of 12.70, a PEG ratio of 1.07 and a beta of 0.96. Carlisle Companies Incorporated has a fifty-two week low of $339.10 and a fifty-two week high of $481.26. The company's fifty day simple moving average is $379.07 and its two-hundred day simple moving average is $413.65.

Carlisle Companies (NYSE:CSL - Get Free Report) 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 net margin of 26.22% and a return on equity of 33.14%. During the same period in the previous year, the company earned $4.17 EPS. On average, equities analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid 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 is Tuesday, February 18th. Carlisle Companies's payout ratio is 14.48%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on CSL shares. Robert W. Baird decreased their target price on shares of Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a research report on Friday, October 25th. Loop Capital lowered their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a report on Friday, January 10th. The Goldman Sachs Group cut their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Oppenheimer reissued an "outperform" rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Finally, Truist Financial assumed coverage on Carlisle Companies in a report on Thursday, November 14th. They issued a "hold" rating and a $460.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $476.00.

Insider Activity at Carlisle Companies

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the company's stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $349.24, for a total value of $366,702.00. Following the transaction, the director now owns 2,665 shares in the company, valued at approximately $930,724.60. This represents a 28.26 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Mehul Patel sold 150 shares of Carlisle Companies stock in a transaction 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 sale, the vice president now directly owns 815 shares of the company's stock, valued at $285,681.95. This trade represents a 15.54 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,475 shares of company stock worth $541,219 over the last ninety days. 1.50% of the stock is currently 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.