Baillie Gifford & Co. Has $13.82 Million Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Baillie Gifford & Co. reduced its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,472 shares of the conglomerate's stock after selling 1,817 shares during the quarter. Baillie Gifford & Co. owned 0.08% of Carlisle Companies worth $13,821,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. FMR LLC grew its holdings in shares of Carlisle Companies by 29.6% during the third quarter. FMR LLC now owns 955,289 shares of the conglomerate's stock worth $429,641,000 after purchasing an additional 218,002 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec grew its holdings in shares of Carlisle Companies by 6,405.8% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate's stock worth $80,757,000 after purchasing an additional 176,799 shares during the last quarter. AustralianSuper Pty Ltd grew its holdings in shares of Carlisle Companies by 732.1% during the fourth quarter. AustralianSuper Pty Ltd now owns 142,856 shares of the conglomerate's stock worth $52,691,000 after purchasing an additional 125,687 shares during the last quarter. Holocene Advisors LP grew its holdings in shares of Carlisle Companies by 151.3% during the third quarter. Holocene Advisors LP now owns 176,974 shares of the conglomerate's stock worth $79,594,000 after purchasing an additional 106,539 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Carlisle Companies by 13.3% during the third 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 during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently commented on CSL shares. Loop Capital decreased their target price on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a report on Friday, January 10th. Oppenheimer restated an "outperform" rating and set a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. The Goldman Sachs Group decreased 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. Robert W. Baird decreased their price target on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. Finally, Truist Financial started coverage on Carlisle Companies in a report on Thursday, November 14th. They issued a "hold" rating and a $460.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, Carlisle Companies presently has an average rating of "Moderate Buy" and an average price target of $476.00.

Carlisle Companies Trading Down 2.5 %

Carlisle Companies stock traded down $8.65 during mid-day trading on Friday, hitting $334.48. The stock had a trading volume of 453,276 shares, compared to its average volume of 431,738. Carlisle Companies Incorporated has a 12 month low of $332.34 and a 12 month high of $481.26. The stock has a 50-day simple moving average of $375.76 and a two-hundred day simple moving average of $412.86. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $14.90 billion, a PE ratio of 12.11, a P/E/G ratio of 1.05 and a beta of 0.96.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating the consensus estimate of $4.43 by $0.04. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. During the same period last year, the business earned $4.17 EPS. As a group, sell-side analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

The business 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 $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.20%. The ex-dividend date is Tuesday, February 18th. Carlisle Companies's payout ratio is 14.48%.

Insider Buying and Selling at Carlisle Companies

In other news, Director Jonathan R. Collins sold 1,050 shares of the firm's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $349.24, for a total transaction of $366,702.00. Following the sale, the director now owns 2,665 shares of the company's stock, valued at $930,724.60. This trade represents a 28.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 value of $52,579.50. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders own 1.50% of the company's stock.

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.