Public Employees Retirement System of Ohio Has $7.84 Million Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Public Employees Retirement System of Ohio cut its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 7.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,437 shares of the conglomerate's stock after selling 1,331 shares during the period. Public Employees Retirement System of Ohio's holdings in Carlisle Companies were worth $7,842,000 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 Carlisle Companies by 3.4% in the 3rd quarter. Resonant Capital Advisors LLC now owns 739 shares of the conglomerate's stock worth $332,000 after purchasing an additional 24 shares during the last quarter. Tributary Capital Management LLC increased its stake in Carlisle Companies by 1.1% during 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 period. Diversify Advisory Services LLC raised its holdings in Carlisle Companies by 1.6% in the 3rd quarter. Diversify Advisory Services LLC now owns 1,561 shares of the conglomerate's stock valued at $719,000 after acquiring an additional 25 shares in the last quarter. Equitable Trust Co. lifted its position in shares of Carlisle Companies by 0.3% in the 3rd quarter. Equitable Trust Co. now owns 8,614 shares of the conglomerate's stock worth $3,874,000 after acquiring an additional 25 shares during the period. Finally, Metis Global Partners LLC lifted its position 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 worth $273,000 after acquiring an additional 30 shares during the period. Institutional investors and hedge funds own 89.52% of the company's stock.

Carlisle Companies Price Performance

Shares of Carlisle Companies stock traded down $3.82 during mid-day trading on Friday, reaching $419.94. 223,866 shares of the stock were exchanged, compared to its average volume of 323,375. Carlisle Companies Incorporated has a fifty-two week low of $297.25 and a fifty-two week high of $481.26. The company has a market cap of $19.03 billion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 1.41 and a beta of 0.92. The firm has a 50-day simple moving average of $447.95 and a 200 day simple moving average of $426.35. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 earnings per share for the quarter, missing the consensus estimate of $5.82 by ($0.04). The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.38 billion. Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The business's quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the business posted $4.68 EPS. 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 0.95%. The ex-dividend date is Friday, November 15th. Carlisle Companies's payout ratio is presently 14.15%.

Insider Activity

In other news, VP David W. Smith sold 275 shares of the stock in a transaction that occurred 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 sale, the vice president now directly owns 2,834 shares of the company's stock, valued at $1,256,623.94. This represents a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CSL has been the subject of a number of recent research reports. Robert W. Baird cut their target price 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. Truist Financial initiated coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They set a "hold" rating and a $460.00 price objective for the company. Oppenheimer lifted their target price on shares of Carlisle Companies from $480.00 to $505.00 and gave the company an "outperform" rating in a research report on Tuesday, October 22nd. Finally, StockNews.com cut shares of Carlisle Companies from a "buy" rating to a "hold" rating in a research note on Tuesday, August 27th. Two equities research 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, Carlisle Companies has a consensus rating of "Moderate Buy" and a consensus price target of $472.00.

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.