Dimensional Fund Advisors LP Trims Position in Carlisle Companies Incorporated (NYSE:CSL)

Dimensional Fund Advisors LP lowered its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 3.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 448,763 shares of the conglomerate's stock after selling 16,440 shares during the period. Dimensional Fund Advisors LP owned 0.99% of Carlisle Companies worth $165,526,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Pensionfund Sabic acquired a new stake in shares of Carlisle Companies during the fourth quarter worth about $1,291,000. Nordea Investment Management AB lifted its position in Carlisle Companies by 3.9% during the 4th quarter. Nordea Investment Management AB now owns 3,897 shares of the conglomerate's stock worth $1,440,000 after acquiring an additional 145 shares during the period. Moody National Bank Trust Division purchased a new position in shares of Carlisle Companies in the 4th quarter valued at approximately $872,000. Asset Management One Co. Ltd. increased its holdings in shares of Carlisle Companies by 5.6% in the fourth quarter. Asset Management One Co. Ltd. now owns 20,685 shares of the conglomerate's stock valued at $7,695,000 after purchasing an additional 1,102 shares during the period. Finally, CIBC Private Wealth Group LLC raised its stake in shares of Carlisle Companies by 2.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate's stock worth $535,000 after purchasing an additional 38 shares during the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on CSL. Robert W. Baird lifted their price objective on shares of Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. The Goldman Sachs Group cut their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Loop Capital lowered their price objective on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a report on Friday, January 10th. Finally, StockNews.com downgraded Carlisle Companies from a "hold" rating to a "sell" rating in a research note on Monday. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Carlisle Companies presently has a consensus rating of "Hold" and a consensus target price of $454.00.

Insider Activity

In other news, Director Jonathan R. Collins sold 1,050 shares of the stock in a transaction that occurred on 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 $930,724.60. This represents 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 available through the SEC website. Also, VP Mehul Patel sold 150 shares of Carlisle Companies stock in a transaction that occurred 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 transaction, the vice president now owns 815 shares of the company's stock, valued at $285,681.95. This represents a 15.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.40% of the company's stock.

Carlisle Companies Price Performance

CSL stock traded up $0.90 during trading on Tuesday, reaching $377.90. 82,197 shares of the company were exchanged, compared to its average volume of 391,676. 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's 50 day moving average price is $342.27 and its 200 day moving average price is $386.45. Carlisle Companies Incorporated has a 52-week low of $311.41 and a 52-week high of $481.26. The company has a market cap of $16.35 billion, a P/E ratio of 13.67, a PEG ratio of 1.03 and a beta of 0.94.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share for the quarter, topping analysts' consensus estimates of $3.53 by $0.08. The business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.09 billion. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The company's revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.72 EPS. As a group, analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

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.