Intech Investment Management LLC Purchases 16,472 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Intech Investment Management LLC lifted its position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 59.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,949 shares of the conglomerate's stock after purchasing an additional 16,472 shares during the period. Intech Investment Management LLC owned 0.10% of Carlisle Companies worth $16,210,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CSL. True Wealth Design LLC increased its stake in shares of Carlisle Companies by 1,400.0% during the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate's stock worth $34,000 after purchasing an additional 70 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Carlisle Companies by 95.1% during the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after purchasing an additional 78 shares during the last quarter. Quarry LP increased its stake in shares of Carlisle Companies by 75.0% during the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate's stock worth $60,000 after purchasing an additional 57 shares during the last quarter. UMB Bank n.a. increased its stake in shares of Carlisle Companies by 55.4% during the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock worth $69,000 after purchasing an additional 67 shares during the last quarter. Finally, Generali Asset Management SPA SGR acquired a new position in shares of Carlisle Companies during the 4th quarter worth about $93,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

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Insider Buying and Selling at Carlisle Companies

In other news, VP Mehul Patel sold 150 shares of the company's stock in a transaction that occurred on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total transaction of $52,579.50. Following the completion of the sale, the vice president now owns 815 shares of the company's stock, valued at approximately $285,681.95. This represents a 15.54 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the company's 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 directly owns 2,665 shares of the company's stock, valued at approximately $930,724.60. This trade represents a 28.26 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.50% of the company's stock.

Carlisle Companies Stock Performance

CSL traded down $2.41 on Friday, reaching $336.89. The company had a trading volume of 1,513,377 shares, compared to its average volume of 353,573. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The stock has a market cap of $15.01 billion, a P/E ratio of 12.19, a P/E/G ratio of 1.03 and a beta of 0.99. Carlisle Companies Incorporated has a fifty-two week low of $321.93 and a fifty-two week high of $481.26. The company's fifty day moving average is $359.46 and its 200 day moving average is $403.35.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings data 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 net margin of 26.22% and a return on equity of 34.37%. During the same period in the prior year, the company posted $4.17 earnings per share. As a group, analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies's dividend payout ratio is currently 14.48%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Loop Capital decreased their price target on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research note on Friday, January 10th. Oppenheimer reiterated an "outperform" rating and issued a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Finally, 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. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $476.00.

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.