B. Metzler seel. Sohn & Co. AG Trims Holdings in Carlisle Companies Incorporated (NYSE:CSL)

B. Metzler seel. Sohn & Co. AG cut its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 86.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,148 shares of the conglomerate's stock after selling 13,144 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Carlisle Companies were worth $792,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC grew its position in Carlisle Companies by 110.1% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 62,236 shares of the conglomerate's stock valued at $22,955,000 after acquiring an additional 32,611 shares in the last quarter. Brandywine Global Investment Management LLC boosted its stake in shares of Carlisle Companies by 8.8% in the fourth quarter. Brandywine Global Investment Management LLC now owns 55,159 shares of the conglomerate's stock valued at $20,345,000 after purchasing an additional 4,481 shares during the period. CIBC Private Wealth Group LLC increased its stake in Carlisle Companies by 2.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate's stock worth $535,000 after buying an additional 38 shares during the period. Mawer Investment Management Ltd. lifted its holdings in Carlisle Companies by 14.2% during the 4th quarter. Mawer Investment Management Ltd. now owns 40,337 shares of the conglomerate's stock worth $14,878,000 after buying an additional 5,029 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Carlisle Companies by 18.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 147,621 shares of the conglomerate's stock worth $54,449,000 after buying an additional 23,403 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

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Analyst Upgrades and Downgrades

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

Insider Activity at Carlisle Companies

In other news, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction dated 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Mehul Patel sold 150 shares of the company's stock in a transaction dated Saturday, February 8th. The shares were sold at an average price of $350.53, for a total value of $52,579.50. Following the completion of the sale, the vice president now directly owns 815 shares of the company's stock, valued at approximately $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. Insiders own 1.50% of the company's stock.

Carlisle Companies Stock Up 2.0 %

Carlisle Companies stock traded up $6.57 during midday trading on Tuesday, reaching $333.69. The company's stock had a trading volume of 139,407 shares, compared to its average volume of 466,203. The business has a 50-day simple moving average of $347.36 and a 200-day simple moving average of $397.98. The company has a market cap of $14.73 billion, a P/E ratio of 12.07, a P/E/G ratio of 1.03 and a beta of 0.94. Carlisle Companies Incorporated has a fifty-two week low of $312.60 and a fifty-two week high of $481.26. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted 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 business earned $4.17 earnings per share. On average, research analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies's payout ratio is 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.