Arrowstreet Capital Limited Partnership Has $54.45 Million Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Arrowstreet Capital Limited Partnership grew its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 18.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 147,621 shares of the conglomerate's stock after buying an additional 23,403 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 0.33% of Carlisle Companies worth $54,449,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. TD Private Client Wealth LLC raised its position in Carlisle Companies by 475.0% in the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after purchasing an additional 57 shares during the last quarter. Quarry LP increased its stake in shares of Carlisle Companies by 75.0% in the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate's stock valued at $60,000 after buying an additional 57 shares during the period. Farther Finance Advisors LLC raised its position in shares of Carlisle Companies by 95.1% during the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after acquiring an additional 78 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of Carlisle Companies by 55.4% during the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock valued at $69,000 after acquiring an additional 67 shares during the period. Finally, MV Capital Management Inc. lifted its stake in shares of Carlisle Companies by 253.5% during the fourth quarter. MV Capital Management Inc. now owns 251 shares of the conglomerate's stock valued at $93,000 after acquiring an additional 180 shares during the period. 89.52% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $349.24, for a total transaction of $366,702.00. Following the transaction, the director now owns 2,665 shares in the company, valued at $930,724.60. The trade was a 28.26 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Mehul Patel sold 150 shares of the business's stock in a transaction that occurred on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total value of $52,579.50. Following the completion of 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. 1.50% of the stock is owned by company insiders.

Carlisle Companies Trading Down 0.1 %

NYSE:CSL traded down $0.23 during mid-day trading on Friday, hitting $326.87. The company had a trading volume of 834,299 shares, compared to its average volume of 374,942. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. Carlisle Companies Incorporated has a fifty-two week low of $312.60 and a fifty-two week high of $481.26. The firm has a market cap of $14.43 billion, a P/E ratio of 11.83, a P/E/G ratio of 1.03 and a beta of 0.94. The business's fifty day moving average is $348.76 and its two-hundred day moving average is $398.77.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating analysts' consensus estimates of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. During the same period in the prior year, the business posted $4.17 EPS. As a group, research analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.22%. Carlisle Companies's dividend payout ratio is 14.48%.

Analyst Ratings Changes

CSL has been the subject of a number of research reports. Loop Capital lowered their price objective on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a research report on Friday, January 10th. 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. Finally, The Goldman Sachs Group dropped 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 note on Tuesday, January 14th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target 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.