Bessemer Group Inc. Has $171.68 Million Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Bessemer Group Inc. grew its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 465,461 shares of the conglomerate's stock after purchasing an additional 3,098 shares during the quarter. Bessemer Group Inc. owned approximately 1.03% of Carlisle Companies worth $171,683,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Diversify Advisory Services LLC grew its position in shares of Carlisle Companies by 1.7% in the fourth quarter. Diversify Advisory Services LLC now owns 1,587 shares of the conglomerate's stock valued at $586,000 after purchasing an additional 26 shares during the last quarter. GAMMA Investing LLC boosted its stake in Carlisle Companies by 3.0% in the 4th quarter. GAMMA Investing LLC now owns 1,325 shares of the conglomerate's stock valued at $489,000 after purchasing an additional 38 shares during the period. CIBC Private Wealth Group LLC grew its holdings in Carlisle Companies by 2.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate's stock valued at $535,000 after buying an additional 38 shares in the last quarter. Metis Global Partners LLC increased its position in Carlisle Companies by 6.4% during the 4th quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate's stock worth $238,000 after buying an additional 39 shares during the period. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of Carlisle Companies by 1.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 4,141 shares of the conglomerate's stock worth $1,527,000 after buying an additional 43 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Insider Transactions at Carlisle Companies

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of the company'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 completion of the transaction, the vice president now owns 815 shares of the company's stock, valued at $285,681.95. This represents a 15.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction that occurred on 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 in the company, valued at approximately $930,724.60. This represents a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.50% of the company's stock.

Carlisle Companies Price Performance

Shares of Carlisle Companies stock traded up $5.25 on Monday, reaching $352.85. 144,422 shares of the stock were exchanged, compared to its average volume of 384,863. The firm's 50 day moving average is $340.91 and its 200-day moving average is $393.82. The firm has a market cap of $15.58 billion, a PE ratio of 12.77, a P/E/G ratio of 1.03 and a beta of 0.94. 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 Incorporated has a one year low of $311.41 and a one year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating analysts' consensus estimates 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 in the prior year, the firm posted $4.17 EPS. As a group, analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies's payout ratio is 14.48%.

Analysts Set New Price Targets

Several equities analysts recently commented on CSL shares. The Goldman Sachs Group decreased 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. Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday. Loop Capital dropped their price target on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a research report on Friday, January 10th. Finally, 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. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $476.00.

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.