Carlisle Companies Incorporated (NYSE:CSL) Holdings Raised by Mirabaud Asset Management Ltd

Mirabaud Asset Management Ltd raised its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 16.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,464 shares of the conglomerate's stock after acquiring an additional 1,613 shares during the quarter. Carlisle Companies makes up 2.0% of Mirabaud Asset Management Ltd's investment portfolio, making the stock its 21st largest position. Mirabaud Asset Management Ltd's holdings in Carlisle Companies were worth $4,226,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Diversify Advisory Services LLC grew its stake in Carlisle Companies by 1.7% in the 4th quarter. Diversify Advisory Services LLC now owns 1,587 shares of the conglomerate's stock worth $586,000 after acquiring an additional 26 shares during the period. GAMMA Investing LLC grew its position in shares of Carlisle Companies by 3.0% in the fourth quarter. GAMMA Investing LLC now owns 1,325 shares of the conglomerate's stock valued at $489,000 after purchasing an additional 38 shares during the period. CIBC Private Wealth Group LLC increased its stake in Carlisle Companies by 2.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate's stock valued at $535,000 after purchasing an additional 38 shares during the last quarter. Metis Global Partners LLC lifted its position in Carlisle Companies by 6.4% during the fourth quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate's stock worth $238,000 after buying an additional 39 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its stake in Carlisle Companies by 1.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 4,141 shares of the conglomerate's stock worth $1,527,000 after buying an additional 43 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company's stock.

Remove Ads

Carlisle Companies Stock Down 1.1 %

NYSE CSL traded down $3.73 during trading hours on Thursday, hitting $338.80. The company had a trading volume of 238,446 shares, compared to its average volume of 382,148. The firm's 50 day moving average is $342.35 and its 200 day moving average is $395.50. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. Carlisle Companies Incorporated has a fifty-two week low of $311.41 and a fifty-two week high of $481.26. The company has a market capitalization of $14.96 billion, a price-to-earnings ratio of 12.27, a P/E/G ratio of 1.03 and a beta of 0.94.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS 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 in the prior year, the company posted $4.17 EPS. Sell-side analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $1.00 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.18%. Carlisle Companies's dividend payout ratio (DPR) is presently 14.48%.

Insider Activity at Carlisle Companies

In related news, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction on Friday, February 7th. The shares were sold at an average price of $349.24, for a total value of $366,702.00. Following the completion of the sale, the director now owns 2,665 shares in the company, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Mehul Patel sold 150 shares of the firm's stock in a transaction on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the transaction, the vice president now directly owns 815 shares of the company's stock, valued at approximately $285,681.95. This represents a 15.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.40% of the company's stock.

Wall Street Analyst Weigh In

CSL has been the topic of several recent analyst reports. 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 dropped 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, 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 research report on Tuesday, January 14th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Carlisle Companies has an average rating of "Moderate Buy" and an average target price of $476.00.

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.