BNP PARIBAS ASSET MANAGEMENT Holding S.A. Buys 19,916 Shares of Carlisle Companies Incorporated (NYSE:CSL)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 558.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,480 shares of the conglomerate's stock after acquiring an additional 19,916 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.05% of Carlisle Companies worth $10,560,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Silver Lake Advisory LLC bought a new stake in shares of Carlisle Companies in the 2nd quarter worth $608,000. Price T Rowe Associates Inc. MD boosted its holdings in Carlisle Companies by 3.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 44,381 shares of the conglomerate's stock valued at $17,391,000 after acquiring an additional 1,429 shares in the last quarter. Driehaus Capital Management LLC lifted its position in Carlisle Companies by 44.6% during the second quarter. Driehaus Capital Management LLC now owns 56,689 shares of the conglomerate's stock valued at $22,971,000 after buying an additional 17,472 shares during the period. Cetera Investment Advisers raised its position in shares of Carlisle Companies by 188.0% in the 1st quarter. Cetera Investment Advisers now owns 8,255 shares of the conglomerate's stock worth $3,235,000 after purchasing an additional 5,389 shares during the last quarter. Finally, KBC Group NV increased its holdings in Carlisle Companies by 34.9% in the 3rd quarter. KBC Group NV now owns 10,646 shares of the conglomerate's stock worth $4,788,000 after buying an additional 2,752 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company's stock.

Insider Buying and Selling

In other news, VP David W. Smith sold 275 shares of the business's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $443.41, for a total transaction of $121,937.75. Following the transaction, the vice president now directly owns 2,834 shares in the company, valued at $1,256,623.94. The trade was a 8.85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CSL has been the topic of a number of research analyst reports. StockNews.com cut Carlisle Companies from a "buy" rating to a "hold" rating in a report on Tuesday, August 27th. Oppenheimer increased their price target on Carlisle Companies from $480.00 to $505.00 and gave the company an "outperform" rating in a research note on Tuesday, October 22nd. Truist Financial initiated coverage on Carlisle Companies in a research report on Thursday, November 14th. They issued a "hold" rating and a $460.00 price objective on the stock. Finally, Robert W. Baird decreased their price target on shares of Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $472.00.

Carlisle Companies Stock Performance

Shares of Carlisle Companies stock traded up $8.13 during trading hours on Friday, reaching $449.65. The company's stock had a trading volume of 346,450 shares, compared to its average volume of 325,995. The company's 50 day simple moving average is $446.26 and its 200 day simple moving average is $424.06. 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 Incorporated has a one year low of $272.15 and a one year high of $481.26. The stock has a market cap of $20.38 billion, a P/E ratio of 15.91, a price-to-earnings-growth ratio of 1.45 and a beta of 0.91.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.82 by ($0.04). The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.38 billion. Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The business's revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned $4.68 EPS. As a group, analysts expect that Carlisle Companies Incorporated will post 20.25 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be paid a $1.00 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.00 annualized dividend and a dividend yield of 0.89%. Carlisle Companies's dividend payout ratio is presently 14.15%.

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.