EFG Asset Management Americas Corp. Has $2.70 Million Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

EFG Asset Management Americas Corp. lifted its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 19.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,313 shares of the conglomerate's stock after acquiring an additional 1,206 shares during the quarter. EFG Asset Management Americas Corp.'s holdings in Carlisle Companies were worth $2,697,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Pensionfund Sabic acquired a new stake in shares of Carlisle Companies in the fourth quarter worth $1,291,000. KBC Group NV boosted its position in shares of Carlisle Companies by 34.9% in the third quarter. KBC Group NV now owns 10,646 shares of the conglomerate's stock worth $4,788,000 after buying an additional 2,752 shares during the period. Geode Capital Management LLC boosted its position in shares of Carlisle Companies by 13.3% in the third quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate's stock worth $391,827,000 after buying an additional 102,436 shares during the period. Quest Partners LLC boosted its position in shares of Carlisle Companies by 624.8% in the third quarter. Quest Partners LLC now owns 4,646 shares of the conglomerate's stock worth $2,090,000 after buying an additional 4,005 shares during the period. Finally, Meridian Wealth Management LLC acquired a new stake in shares of Carlisle Companies in the third quarter worth $631,000. 89.52% of the stock is owned by institutional investors.

Carlisle Companies Stock Up 0.5 %

NYSE CSL traded up $1.68 during trading on Friday, hitting $336.08. 348,482 shares of the company traded hands, compared to its average volume of 424,268. Carlisle Companies Incorporated has a 12 month low of $321.93 and a 12 month high of $481.26. The business has a fifty day simple moving average of $365.97 and a 200 day simple moving average of $408.90. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $14.98 billion, a P/E ratio of 12.16, a PEG ratio of 1.03 and a beta of 0.99.

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Carlisle Companies (NYSE:CSL - Get Free Report) last posted its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating the consensus estimate of $4.43 by $0.04. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. During the same quarter last year, the company earned $4.17 EPS. As a group, sell-side analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.19%. Carlisle Companies's dividend payout ratio (DPR) is currently 14.48%.

Wall Street Analyst Weigh In

Several analysts have recently commented on CSL shares. The Goldman Sachs Group decreased their target price on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. Oppenheimer reiterated an "outperform" rating and set a $495.00 price objective (down from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Loop Capital cut their price objective on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a report on Friday, January 10th. Finally, Truist Financial started coverage on Carlisle Companies in a report on Thursday, November 14th. They set a "hold" rating and a $460.00 price objective for the company. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $476.00.

Insider Buying and Selling at Carlisle Companies

In other news, VP Mehul Patel sold 150 shares of Carlisle Companies stock in a transaction dated Saturday, February 8th. The stock was sold at an average price of $350.53, for a total value of $52,579.50. Following the transaction, the vice president now directly owns 815 shares in the company, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 value 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. The trade was a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company's stock.

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.