Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by National Pension Service

National Pension Service lowered its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 5.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 88,056 shares of the conglomerate's stock after selling 5,400 shares during the quarter. National Pension Service owned approximately 0.19% of Carlisle Companies worth $32,479,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CSL. Franklin Resources Inc. lifted its position in shares of Carlisle Companies by 1.4% during the 3rd quarter. Franklin Resources Inc. now owns 1,177,014 shares of the conglomerate's stock valued at $566,061,000 after buying an additional 16,303 shares in the last quarter. FMR LLC lifted its holdings in Carlisle Companies by 29.6% during 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 in the last quarter. Geode Capital Management LLC grew 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 valued at $391,827,000 after purchasing an additional 102,436 shares during the period. Truist Financial Corp increased its stake in shares of Carlisle Companies by 3.9% during the fourth quarter. Truist Financial Corp now owns 362,695 shares of the conglomerate's stock worth $133,776,000 after purchasing an additional 13,505 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Carlisle Companies by 14.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 338,343 shares of the conglomerate's stock worth $152,170,000 after purchasing an additional 41,766 shares during the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

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Carlisle Companies Price Performance

Shares of NYSE:CSL traded down $2.09 during midday trading on Tuesday, hitting $330.92. The company had a trading volume of 233,572 shares, compared to its average volume of 421,290. Carlisle Companies Incorporated has a twelve month low of $321.93 and a twelve month high of $481.26. The stock has a market cap of $14.74 billion, a price-to-earnings ratio of 11.98, a price-to-earnings-growth ratio of 1.03 and a beta of 0.96. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. The business's 50-day simple moving average is $369.36 and its 200-day simple moving average is $410.94.

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, topping analysts' consensus estimates 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 period in the prior year, the firm posted $4.17 earnings per share. On average, research analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $1.00 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.21%. Carlisle Companies's payout ratio is 14.48%.

Insider Activity

In other news, VP Mehul Patel sold 150 shares of the company's stock in a transaction on 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 owns 815 shares of the company's stock, valued at $285,681.95. This represents a 15.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the firm's 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 sale, the director now directly owns 2,665 shares of the company's stock, 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.

Wall Street Analysts Forecast Growth

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

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.