Carlisle Companies Incorporated (NYSE:CSL) Stock Holdings Trimmed by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp reduced its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 27.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 66,329 shares of the conglomerate's stock after selling 25,628 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.15% of Carlisle Companies worth $24,465,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CSL. Madison Investment Advisors LLC purchased a new stake in shares of Carlisle Companies during the fourth quarter valued at approximately $148,208,000. FMR LLC grew its holdings in Carlisle Companies by 29.6% during the 3rd quarter. FMR LLC now owns 955,289 shares of the conglomerate's stock valued at $429,641,000 after purchasing an additional 218,002 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec increased its stake in Carlisle Companies by 6,405.8% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate's stock worth $80,757,000 after buying an additional 176,799 shares during the period. AustralianSuper Pty Ltd lifted its holdings in Carlisle Companies by 732.1% in the 4th quarter. AustralianSuper Pty Ltd now owns 142,856 shares of the conglomerate's stock worth $52,691,000 after buying an additional 125,687 shares in the last quarter. Finally, Holocene Advisors LP lifted its holdings in Carlisle Companies by 151.3% in the 3rd quarter. Holocene Advisors LP now owns 176,974 shares of the conglomerate's stock worth $79,594,000 after buying an additional 106,539 shares in the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

Analyst Ratings Changes

Several analysts have recently weighed in on the company. The Goldman Sachs Group lowered their target price on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Oppenheimer restated an "outperform" rating and set a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Finally, Loop Capital cut their target price on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Carlisle Companies currently has a consensus rating of "Moderate Buy" and a consensus price target of $476.00.

Carlisle Companies Stock Performance

NYSE:CSL traded up $2.88 during trading hours on Tuesday, reaching $343.38. 473,155 shares of the stock were exchanged, compared to its average volume of 370,523. The stock has a market capitalization of $15.16 billion, a P/E ratio of 12.43, a P/E/G ratio of 1.03 and a beta of 0.99. The firm has a 50 day simple moving average of $352.94 and a 200-day simple moving average of $400.61. 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 Incorporated has a 52 week low of $321.93 and a 52 week high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) 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 EPS. As a group, sell-side analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies's dividend payout ratio is presently 14.48%.

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.