Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC trimmed its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 8.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,377 shares of the conglomerate's stock after selling 3,511 shares during the period. Segall Bryant & Hamill LLC owned about 0.09% of Carlisle Companies worth $17,710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Blair William & Co. IL purchased a new position in Carlisle Companies during the first quarter valued at approximately $204,000. O Shaughnessy Asset Management LLC boosted its position in Carlisle Companies by 6.2% during the first quarter. O Shaughnessy Asset Management LLC now owns 6,884 shares of the conglomerate's stock valued at $2,697,000 after purchasing an additional 402 shares in the last quarter. UniSuper Management Pty Ltd grew its stake in Carlisle Companies by 75.0% in the first quarter. UniSuper Management Pty Ltd now owns 700 shares of the conglomerate's stock valued at $274,000 after purchasing an additional 300 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in Carlisle Companies by 7.4% in the first quarter. CANADA LIFE ASSURANCE Co now owns 68,008 shares of the conglomerate's stock worth $26,631,000 after purchasing an additional 4,692 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its position in shares of Carlisle Companies by 11.9% during the first quarter. Advisors Asset Management Inc. now owns 9,586 shares of the conglomerate's stock valued at $3,756,000 after buying an additional 1,023 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on CSL. Truist Financial started coverage on shares of Carlisle Companies in a research report on Thursday, November 14th. They set a "hold" rating and a $460.00 target price for the company. StockNews.com cut Carlisle Companies from a "buy" rating to a "hold" rating in a research note on Tuesday, August 27th. Robert W. Baird dropped their price target on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Finally, Oppenheimer increased their price objective on shares of Carlisle Companies from $480.00 to $505.00 and gave the company an "outperform" rating in a research report on Tuesday, October 22nd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $472.00.

Insider Transactions at Carlisle Companies

In other news, VP David W. Smith sold 275 shares of the firm's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $443.41, for a total value of $121,937.75. Following the transaction, the vice president now directly owns 2,834 shares of the company's stock, valued at approximately $1,256,623.94. This trade represents a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.50% of the company's stock.

Carlisle Companies Stock Performance

CSL traded up $9.79 on Thursday, reaching $441.52. The stock had a trading volume of 417,711 shares, compared to its average volume of 324,677. The business's 50-day moving average price is $445.49 and its two-hundred day moving average price is $423.51. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68. Carlisle Companies Incorporated has a 12-month low of $272.15 and a 12-month high of $481.26. The company has a market cap of $20.01 billion, a P/E ratio of 15.62, a price-to-earnings-growth ratio of 1.43 and a beta of 0.91.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share for the quarter, missing analysts' consensus estimates of $5.82 by ($0.04). The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.38 billion. Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The business's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the company posted $4.68 EPS. Sell-side analysts forecast that Carlisle Companies Incorporated will post 20.25 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.91%. Carlisle Companies's dividend payout ratio is currently 14.15%.

About Carlisle Companies

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.