Mawer Investment Management Ltd. boosted its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 14.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 40,337 shares of the conglomerate's stock after purchasing an additional 5,029 shares during the period. Mawer Investment Management Ltd. owned approximately 0.09% of Carlisle Companies worth $14,878,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of the business. Franklin Resources Inc. increased its position in Carlisle Companies by 1.4% in the 3rd quarter. Franklin Resources Inc. now owns 1,177,014 shares of the conglomerate's stock valued at $566,061,000 after acquiring an additional 16,303 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Carlisle Companies by 3.1% in the 4th quarter. JPMorgan Chase & Co. now owns 1,134,954 shares of the conglomerate's stock valued at $418,617,000 after purchasing an additional 34,021 shares during the last quarter. FMR LLC increased its holdings in shares of Carlisle Companies by 29.6% in the third quarter. FMR LLC now owns 955,289 shares of the conglomerate's stock valued at $429,641,000 after purchasing an additional 218,002 shares during the period. Geode Capital Management LLC raised its stake in shares of Carlisle Companies by 13.3% during the third quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate's stock worth $391,827,000 after purchasing an additional 102,436 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Carlisle Companies during the fourth quarter worth approximately $208,095,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group lowered their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Loop Capital dropped their price target 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. Finally, Oppenheimer restated an "outperform" rating and issued a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Carlisle Companies currently has a consensus rating of "Moderate Buy" and a consensus target price of $476.00.
Check Out Our Latest Analysis on CSL
Insider Buying and Selling at Carlisle Companies
In other 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 value of $52,579.50. Following the sale, the vice president now directly owns 815 shares in the company, valued at $285,681.95. This represents a 15.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $349.24, for a total value of $366,702.00. Following the transaction, the director now owns 2,665 shares of the company's stock, valued at $930,724.60. This represents 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 corporate insiders.
Carlisle Companies Price Performance
Shares of NYSE CSL traded down $17.25 during midday trading on Thursday, hitting $330.98. The company had a trading volume of 228,139 shares, compared to its average volume of 370,949. The firm has a market capitalization of $14.61 billion, a price-to-earnings ratio of 11.98, a price-to-earnings-growth ratio of 1.03 and a beta of 0.99. Carlisle Companies Incorporated has a twelve month low of $321.93 and a twelve month high of $481.26. The business has a 50-day simple moving average of $351.85 and a two-hundred day simple moving average of $400.24. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77.
Carlisle Companies (NYSE:CSL - Get Free Report) last issued its earnings results 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 in the previous year, the firm earned $4.17 earnings per share. Equities research analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.
Carlisle Companies Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $1.00 per share. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a yield of 1.21%. Carlisle Companies's payout ratio is 14.48%.
About Carlisle Companies
(
Free Report)
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.
Recommended Stories

Before you consider Carlisle Companies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Carlisle Companies wasn't on the list.
While Carlisle Companies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.