New York State Teachers Retirement System Sells 1,000 Shares of Carlisle Companies Incorporated (NYSE:CSL)

New York State Teachers Retirement System trimmed its position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,357 shares of the conglomerate's stock after selling 1,000 shares during the period. New York State Teachers Retirement System owned approximately 0.09% of Carlisle Companies worth $15,623,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CSL. Capital Performance Advisors LLP bought a new position in Carlisle Companies in the third quarter valued at approximately $25,000. True Wealth Design LLC increased its stake in shares of Carlisle Companies by 1,400.0% in the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate's stock valued at $34,000 after purchasing an additional 70 shares during the last quarter. Quarry LP raised its holdings in shares of Carlisle Companies by 75.0% during the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate's stock worth $60,000 after buying an additional 57 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Carlisle Companies by 55.4% during the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock worth $69,000 after buying an additional 67 shares during the last quarter. Finally, Covestor Ltd boosted its stake in Carlisle Companies by 19.3% in the third quarter. Covestor Ltd now owns 198 shares of the conglomerate's stock valued at $89,000 after buying an additional 32 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Carlisle Companies Trading Down 2.0 %

CSL traded down $7.16 during midday trading on Thursday, hitting $343.49. 401,012 shares of the company were exchanged, compared to its average volume of 431,085. The firm has a market capitalization of $15.31 billion, a P/E ratio of 12.43, a P/E/G ratio of 1.06 and a beta of 0.96. The firm's 50 day moving average price is $379.07 and its 200-day moving average price is $413.65. 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 1-year low of $340.61 and a 1-year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, beating the consensus estimate of $4.43 by $0.04. Carlisle Companies had a return on equity of 33.14% and a net margin of 26.22%. During the same period in the previous year, the firm earned $4.17 EPS. As a group, equities analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

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

Insider Activity at Carlisle Companies

In related 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 transaction, the vice president now owns 815 shares in the company, valued at $285,681.95. The trade was a 15.54 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan R. Collins sold 1,050 shares of the firm's stock in a transaction on Friday, February 7th. The stock was 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 of the company's stock, valued at $930,724.60. The trade was 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 Upgrades and Downgrades

CSL has been the topic of a number of research analyst reports. The Goldman Sachs Group reduced their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Loop Capital decreased their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research note on Friday, January 10th. Robert W. Baird lowered their price target on shares of Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating for the company in a report on Friday, October 25th. Oppenheimer reissued an "outperform" rating and set a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Finally, Truist Financial initiated coverage on Carlisle Companies in a report on Thursday, November 14th. They issued a "hold" rating and a $460.00 target price for the company. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Carlisle Companies presently has a consensus rating of "Moderate Buy" and a consensus target price of $476.00.

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.