Amundi Sells 14,477 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Amundi decreased its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 23.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,582 shares of the conglomerate's stock after selling 14,477 shares during the quarter. Amundi owned about 0.11% of Carlisle Companies worth $18,111,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in CSL. EFG Asset Management Americas Corp. grew its holdings in Carlisle Companies by 19.7% in the 4th quarter. EFG Asset Management Americas Corp. now owns 7,313 shares of the conglomerate's stock valued at $2,697,000 after buying an additional 1,206 shares in the last quarter. Andra AP fonden grew its stake in shares of Carlisle Companies by 26.1% in the fourth quarter. Andra AP fonden now owns 34,300 shares of the conglomerate's stock valued at $12,651,000 after acquiring an additional 7,100 shares in the last quarter. Callan Family Office LLC acquired a new position in shares of Carlisle Companies in the fourth quarter valued at about $333,000. Welch & Forbes LLC increased its position in Carlisle Companies by 4.2% during the fourth quarter. Welch & Forbes LLC now owns 93,248 shares of the conglomerate's stock worth $34,394,000 after acquiring an additional 3,800 shares during the period. Finally, Candriam S.C.A. raised its stake in 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 purchasing an additional 70,118 shares in the last quarter. Institutional investors own 89.52% of the company's stock.

Insiders Place Their Bets

In related news, VP Mehul Patel sold 150 shares of the firm's stock in a transaction on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the sale, the vice president now owns 815 shares of the company's stock, valued at $285,681.95. This trade represents a 15.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the business's 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. This 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.

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Wall Street Analysts Forecast Growth

CSL has been the topic of a number of analyst reports. 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 research report on Friday, January 10th. 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. Finally, The Goldman Sachs Group dropped their price objective on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $476.00.

Carlisle Companies Price Performance

Shares of Carlisle Companies stock traded up $7.78 on Monday, reaching $343.69. 391,244 shares of the stock were exchanged, compared to its average volume of 347,226. The firm's 50 day moving average is $362.29 and its 200-day moving average is $405.88. The firm has a market cap of $15.31 billion, a PE ratio of 12.44, a P/E/G ratio of 1.03 and a beta of 0.99. 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 $321.93 and a one year high of $481.26.

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

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders 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 1.16%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies's dividend payout ratio is presently 14.48%.

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.