Janus Henderson Group PLC Has $119.77 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Janus Henderson Group PLC lessened its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 20.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 266,296 shares of the conglomerate's stock after selling 68,114 shares during the period. Janus Henderson Group PLC owned approximately 0.59% of Carlisle Companies worth $119,767,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of CSL. Resonant Capital Advisors LLC increased its stake in Carlisle Companies by 3.4% during the 3rd quarter. Resonant Capital Advisors LLC now owns 739 shares of the conglomerate's stock valued at $332,000 after buying an additional 24 shares during the period. Tributary Capital Management LLC boosted its holdings in shares of Carlisle Companies by 1.1% in the third quarter. Tributary Capital Management LLC now owns 2,275 shares of the conglomerate's stock worth $1,023,000 after buying an additional 24 shares during the period. Diversify Advisory Services LLC boosted its holdings in shares of Carlisle Companies by 1.6% in the third quarter. Diversify Advisory Services LLC now owns 1,561 shares of the conglomerate's stock worth $719,000 after buying an additional 25 shares during the period. Equitable Trust Co. boosted its holdings in shares of Carlisle Companies by 0.3% in the third quarter. Equitable Trust Co. now owns 8,614 shares of the conglomerate's stock worth $3,874,000 after buying an additional 25 shares during the period. Finally, Metis Global Partners LLC boosted its holdings in shares of Carlisle Companies by 5.2% in the third quarter. Metis Global Partners LLC now owns 607 shares of the conglomerate's stock worth $273,000 after buying an additional 30 shares during the period. Institutional investors and hedge funds own 89.52% of the company's stock.

Insider Buying and Selling

In related news, VP David W. Smith sold 275 shares of the business's stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $443.41, for a total transaction of $121,937.75. Following the transaction, the vice president now owns 2,834 shares of the company's stock, valued at approximately $1,256,623.94. The trade was a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have commented on CSL shares. StockNews.com cut shares of Carlisle Companies from a "buy" rating to a "hold" rating in a report on Tuesday, August 27th. Truist Financial assumed coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They set a "hold" rating and a $460.00 price target for the company. Oppenheimer raised their price target on shares of Carlisle Companies from $480.00 to $505.00 and gave the stock an "outperform" rating in a report on Tuesday, October 22nd. Finally, Robert W. Baird decreased 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. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $472.00.

Carlisle Companies Stock Down 0.4 %

CSL traded down $1.97 during midday trading on Thursday, hitting $436.27. 272,802 shares of the company's stock traded hands, compared to its average volume of 325,122. The company has a market cap of $19.77 billion, a PE ratio of 15.37, a price-to-earnings-growth ratio of 1.46 and a beta of 0.92. The stock's fifty day simple moving average is $449.89 and its 200-day simple moving average is $426.10. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.29. Carlisle Companies Incorporated has a one year low of $289.21 and a one year high of $481.26.

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

Carlisle Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date is Friday, November 15th. Carlisle Companies's dividend payout ratio is 14.15%.

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.