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Brandywine Global Investment Management LLC Boosts Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

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Brandywine Global Investment Management LLC raised its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 8.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 55,159 shares of the conglomerate's stock after purchasing an additional 4,481 shares during the period. Brandywine Global Investment Management LLC owned 0.12% of Carlisle Companies worth $20,345,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. CIBC Private Wealth Group LLC lifted its stake in shares of 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 purchasing an additional 38 shares during the period. Mawer Investment Management Ltd. increased its holdings in Carlisle Companies by 14.2% in the fourth quarter. Mawer Investment Management Ltd. now owns 40,337 shares of the conglomerate's stock worth $14,878,000 after purchasing an additional 5,029 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Carlisle Companies by 18.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 147,621 shares of the conglomerate's stock valued at $54,449,000 after buying an additional 23,403 shares during the period. MV Capital Management Inc. boosted its holdings in shares of Carlisle Companies by 253.5% during the 4th quarter. MV Capital Management Inc. now owns 251 shares of the conglomerate's stock worth $93,000 after buying an additional 180 shares in the last quarter. Finally, Allstate Corp acquired a new stake in shares of Carlisle Companies during the 4th quarter worth approximately $487,000. 89.52% of the stock is owned by institutional investors.

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Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of the company's stock in a transaction on 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 in the company, 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 through the SEC website. Also, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction on Friday, February 7th. The stock was sold at an average price of $349.24, for a total value of $366,702.00. Following the sale, the director now owns 2,665 shares in the company, valued at $930,724.60. The trade was 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 Stock Down 0.1 %

Shares of NYSE CSL traded down $0.23 during mid-day trading on Friday, reaching $326.87. 834,299 shares of the company's stock traded hands, compared to its average volume of 374,502. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. The business has a 50-day simple moving average of $348.76 and a 200 day simple moving average of $399.10. The stock has a market cap of $14.43 billion, a P/E ratio of 11.83, a PEG ratio of 1.03 and a beta of 0.94. Carlisle Companies Incorporated has a 1-year low of $312.60 and a 1-year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) 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 quarter in the prior year, the company posted $4.17 earnings per share. On average, analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies's payout ratio is currently 14.48%.

Analysts Set New Price Targets

CSL has been the topic of several research analyst reports. The Goldman Sachs Group cut their target price 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. Loop Capital cut their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research report on Friday, January 10th. Finally, Oppenheimer reaffirmed an "outperform" rating and issued a $495.00 target price (down from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $476.00.

Get Our Latest Stock Analysis on CSL

Carlisle Companies Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Carlisle Companies (NYSE:CSL)

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