Quantbot Technologies LP Buys New Position in Carlisle Companies Incorporated (NYSE:CSL)

Quantbot Technologies LP purchased a new stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,267 shares of the conglomerate's stock, valued at approximately $2,680,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Madison Investment Advisors LLC acquired a new position in shares of Carlisle Companies during the fourth quarter valued at about $148,208,000. FMR LLC lifted its position in Carlisle Companies by 29.6% in the 3rd quarter. FMR LLC now owns 955,289 shares of the conglomerate's stock valued at $429,641,000 after acquiring an additional 218,002 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its stake in Carlisle Companies by 6,405.8% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate's stock valued at $80,757,000 after purchasing an additional 176,799 shares during the last quarter. AustralianSuper Pty Ltd increased its holdings in Carlisle Companies by 732.1% during the 4th quarter. AustralianSuper Pty Ltd now owns 142,856 shares of the conglomerate's stock worth $52,691,000 after purchasing an additional 125,687 shares in the last quarter. Finally, Holocene Advisors LP raised its stake in shares of Carlisle Companies by 151.3% in the third quarter. Holocene Advisors LP now owns 176,974 shares of the conglomerate's stock worth $79,594,000 after purchasing an additional 106,539 shares during the last quarter. Institutional investors own 89.52% of the company's stock.

Insider Transactions at Carlisle Companies

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the stock in a transaction that occurred 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 sale, the director now directly owns 2,665 shares in the company, valued at $930,724.60. This represents a 28.26 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Mehul Patel sold 150 shares of the firm's stock in a transaction on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total transaction of $52,579.50. Following the completion of the transaction, the vice president now directly owns 815 shares of the company's stock, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.50% of the company's stock.

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Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. The Goldman Sachs Group cut their target price on 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 cut their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a report on Friday, January 10th. Finally, Oppenheimer reiterated an "outperform" rating and issued a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a 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 stock. According to data from MarketBeat.com, Carlisle Companies has an average rating of "Moderate Buy" and a consensus price target of $476.00.

Carlisle Companies Stock Performance

CSL stock traded up $0.31 during midday trading on Tuesday, hitting $349.01. The company's stock had a trading volume of 275,770 shares, compared to its average volume of 354,224. The stock has a market cap of $15.41 billion, a price-to-earnings ratio of 12.63, a PEG ratio of 1.03 and a beta of 0.99. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. The stock's 50-day moving average price is $358.97 and its 200 day moving average price is $402.98. Carlisle Companies Incorporated has a 1 year low of $321.93 and a 1 year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share 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 business earned $4.17 EPS. On average, equities analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.15%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies's dividend payout ratio is presently 14.48%.

Carlisle Companies Company 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.