Mutual of America Capital Management LLC Sells 1,296 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Mutual of America Capital Management LLC lessened its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 3.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 39,913 shares of the conglomerate's stock after selling 1,296 shares during the period. Mutual of America Capital Management LLC owned about 0.09% of Carlisle Companies worth $17,951,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Resonant Capital Advisors LLC grew its position in shares of Carlisle Companies by 3.4% during the 3rd quarter. Resonant Capital Advisors LLC now owns 739 shares of the conglomerate's stock worth $332,000 after buying an additional 24 shares during the period. Tributary Capital Management LLC boosted its stake in Carlisle Companies by 1.1% in the third quarter. Tributary Capital Management LLC now owns 2,275 shares of the conglomerate's stock valued at $1,023,000 after acquiring an additional 24 shares during the last quarter. Diversify Advisory Services LLC grew its holdings in Carlisle Companies by 1.6% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,561 shares of the conglomerate's stock worth $719,000 after acquiring an additional 25 shares during the period. Equitable Trust Co. raised its position in shares of Carlisle Companies by 0.3% during the 3rd quarter. Equitable Trust Co. now owns 8,614 shares of the conglomerate's stock valued at $3,874,000 after acquiring an additional 25 shares during the last quarter. Finally, Metis Global Partners LLC lifted its stake in shares of Carlisle Companies by 5.2% in the 3rd quarter. Metis Global Partners LLC now owns 607 shares of the conglomerate's stock valued at $273,000 after purchasing an additional 30 shares during the period. Institutional investors own 89.52% of the company's stock.

Wall Street Analyst Weigh In

CSL has been the subject of a number of analyst reports. Truist Financial initiated coverage on Carlisle Companies in a research note on Thursday. They set a "hold" rating and a $460.00 price objective for the company. Robert W. Baird lowered their price target on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating for the company in a research note on Friday, October 25th. StockNews.com lowered shares of Carlisle Companies from a "buy" rating to a "hold" rating in a research note on Tuesday, August 27th. Finally, Oppenheimer upped their target price on shares of Carlisle Companies from $480.00 to $505.00 and gave the company an "outperform" rating in a research note on Tuesday, October 22nd. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Carlisle Companies has an average rating of "Moderate Buy" and an average target price of $472.00.

Carlisle Companies Stock Down 0.9 %

CSL stock traded down $4.23 during mid-day trading on Friday, hitting $445.34. 208,098 shares of the company were exchanged, compared to its average volume of 305,006. The firm has a market cap of $20.19 billion, a P/E ratio of 15.76, a P/E/G ratio of 1.46 and a beta of 0.91. Carlisle Companies Incorporated has a 1-year low of $269.58 and a 1-year high of $481.26. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.29 and a current ratio of 2.72. The firm's 50 day simple moving average is $442.46 and its 200 day simple moving average is $422.50.

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

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 0.90%. The ex-dividend date is Friday, November 15th. Carlisle Companies's dividend payout ratio (DPR) is 14.15%.

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.