Boston Partners Sells 1,329 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Boston Partners reduced its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,957 shares of the conglomerate's stock after selling 1,329 shares during the quarter. Boston Partners owned 0.06% of Carlisle Companies worth $9,210,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of CSL. Pensionfund Sabic bought a new position in Carlisle Companies in the 4th quarter valued at about $1,291,000. Geode Capital Management LLC increased its stake in Carlisle Companies by 13.3% in the third quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate's stock valued at $391,827,000 after acquiring an additional 102,436 shares during the last quarter. Meridian Wealth Management LLC acquired a new position in Carlisle Companies during the third quarter valued at approximately $631,000. Nordea Investment Management AB lifted its stake in Carlisle Companies by 3.9% during the fourth quarter. Nordea Investment Management AB now owns 3,897 shares of the conglomerate's stock worth $1,440,000 after purchasing an additional 145 shares during the last quarter. Finally, Moody National Bank Trust Division acquired a new stake in shares of Carlisle Companies in the 4th quarter valued at $872,000. Institutional investors own 89.52% of the company's stock.

Carlisle Companies Trading Up 0.1 %

Carlisle Companies stock traded up $0.26 during trading hours on Tuesday, hitting $348.96. The stock had a trading volume of 541,117 shares, compared to its average volume of 354,224. The business's 50 day simple moving average is $358.97 and its 200-day simple moving average is $402.98. Carlisle Companies Incorporated has a one year low of $321.93 and a one year high of $481.26. The stock has a market cap of $15.41 billion, a price-to-earnings ratio of 12.63, a P/E/G ratio of 1.03 and a beta of 0.99. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77.

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Carlisle Companies (NYSE:CSL - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) 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 last year, the firm posted $4.17 earnings per share. On average, equities analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $1.00 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.15%. Carlisle Companies's dividend payout ratio is 14.48%.

Insider Buying and Selling

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of the stock in a transaction that occurred 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 sale, the vice president now owns 815 shares of the company's stock, valued at approximately $285,681.95. This represents a 15.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the business's stock in a transaction that occurred 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 transaction, the director now owns 2,665 shares in the company, valued at $930,724.60. This trade represents a 28.26 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

CSL has been the subject of a number of research analyst reports. The Goldman Sachs Group lowered their price target on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Oppenheimer reissued an "outperform" rating and issued a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Finally, Loop Capital decreased their price target on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Carlisle Companies has a consensus rating of "Moderate Buy" and a consensus target price of $476.00.

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.