Robeco Institutional Asset Management B.V. Sells 36,488 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Robeco Institutional Asset Management B.V. reduced its position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 22.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 127,205 shares of the conglomerate's stock after selling 36,488 shares during the period. Robeco Institutional Asset Management B.V. owned 0.28% of Carlisle Companies worth $46,918,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CSL. Pensionfund Sabic bought a new position in Carlisle Companies during the 4th quarter valued at about $1,291,000. KBC Group NV lifted its holdings in Carlisle Companies by 34.9% during the 3rd quarter. KBC Group NV now owns 10,646 shares of the conglomerate's stock valued at $4,788,000 after purchasing an additional 2,752 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Carlisle Companies by 13.3% during the 3rd quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate's stock valued at $391,827,000 after purchasing an additional 102,436 shares during the last quarter. Quest Partners LLC lifted its holdings in Carlisle Companies by 624.8% during the 3rd quarter. Quest Partners LLC now owns 4,646 shares of the conglomerate's stock valued at $2,090,000 after purchasing an additional 4,005 shares during the last quarter. Finally, Meridian Wealth Management LLC bought a new position in Carlisle Companies during the 3rd quarter valued at about $631,000. 89.52% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on CSL. Truist Financial began coverage on shares of Carlisle Companies in a research report on Thursday, November 14th. They issued a "hold" rating and a $460.00 price objective for the company. Robert W. Baird lowered their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. The Goldman Sachs Group lowered their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. Loop Capital lowered their price target on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a research report on Friday, January 10th. Finally, Oppenheimer reiterated 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. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $476.00.

Carlisle Companies Trading Up 1.4 %

NYSE CSL traded up $5.46 during trading on Thursday, reaching $394.84. 53,347 shares of the stock traded hands, compared to its average volume of 298,865. The firm has a market cap of $17.90 billion, a price-to-earnings ratio of 13.96, a price-to-earnings-growth ratio of 1.19 and a beta of 0.96. The stock's 50-day moving average price is $404.24 and its 200 day moving average price is $419.74. The company has a quick ratio of 2.29, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. Carlisle Companies Incorporated has a fifty-two week low of $313.14 and a fifty-two week high of $481.26.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date is Tuesday, February 18th. Carlisle Companies's dividend payout ratio is currently 14.15%.

Insider Activity at Carlisle Companies

In related news, VP David W. Smith sold 275 shares of the business's stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $443.41, for a total transaction of $121,937.75. Following the completion of the transaction, the vice president now owns 2,834 shares in the company, valued at approximately $1,256,623.94. The trade was a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.50% of the company's stock.

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.