Andra AP fonden Acquires 7,100 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Andra AP fonden lifted its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 26.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,300 shares of the conglomerate's stock after purchasing an additional 7,100 shares during the quarter. Andra AP fonden owned 0.08% of Carlisle Companies worth $12,651,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Callan Family Office LLC bought a new stake in Carlisle Companies during the 4th quarter valued at approximately $333,000. Welch & Forbes LLC boosted its position in shares of Carlisle Companies by 4.2% during the 4th quarter. Welch & Forbes LLC now owns 93,248 shares of the conglomerate's stock valued at $34,394,000 after acquiring an additional 3,800 shares during the last quarter. Candriam S.C.A. lifted its holdings in shares of Carlisle Companies by 1,043.6% in the 4th quarter. Candriam S.C.A. now owns 76,837 shares of the conglomerate's stock worth $28,341,000 after acquiring an additional 70,118 shares during the last quarter. Inceptionr LLC bought a new position in Carlisle Companies in the fourth quarter worth approximately $1,835,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Carlisle Companies during the fourth quarter valued at about $29,839,000. 89.52% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the business's stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $349.24, for a total value of $366,702.00. Following the sale, the director now directly owns 2,665 shares in the company, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Mehul Patel sold 150 shares of the business'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 sale, the vice president now directly owns 815 shares in the company, valued at $285,681.95. This trade represents a 15.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.

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Carlisle Companies Price Performance

Shares of NYSE CSL traded down $0.97 during trading on Wednesday, reaching $329.68. The company had a trading volume of 380,363 shares, compared to its average volume of 425,253. The stock has a 50-day moving average price of $364.58 and a two-hundred day moving average price of $407.71. Carlisle Companies Incorporated has a twelve month low of $321.93 and a twelve month high of $481.26. The stock has a market capitalization of $14.69 billion, a PE ratio of 11.93, a price-to-earnings-growth ratio of 1.03 and a beta of 0.99. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77.

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 previous year, the company earned $4.17 EPS. As a group, sell-side analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current 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. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.21%. Carlisle Companies's payout ratio is 14.48%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CSL. The Goldman Sachs Group dropped their price objective 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 reaffirmed 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. Loop Capital decreased their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a report on Friday, January 10th. Finally, Truist Financial started coverage on Carlisle Companies in a research note on Thursday, November 14th. They issued a "hold" rating and a $460.00 price target on the stock. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus 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.