Rhumbline Advisers Has $49.73 Million Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Rhumbline Advisers lessened its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 3.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,827 shares of the conglomerate's stock after selling 4,567 shares during the period. Rhumbline Advisers owned approximately 0.30% of Carlisle Companies worth $49,730,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP bought a new position in Carlisle Companies in the third quarter valued at approximately $25,000. True Wealth Design LLC raised its holdings in shares of Carlisle Companies by 1,400.0% during the third quarter. True Wealth Design LLC now owns 75 shares of the conglomerate's stock worth $34,000 after acquiring an additional 70 shares during the period. Quarry LP lifted its position in Carlisle Companies by 75.0% in the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate's stock valued at $60,000 after acquiring an additional 57 shares in the last quarter. UMB Bank n.a. boosted its stake in Carlisle Companies by 55.4% in the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock worth $69,000 after purchasing an additional 67 shares during the period. Finally, Covestor Ltd increased its holdings in Carlisle Companies by 19.3% during the 3rd quarter. Covestor Ltd now owns 198 shares of the conglomerate's stock worth $89,000 after purchasing an additional 32 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of Carlisle Companies 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 $285,681.95. The trade was a 15.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $349.24, for a total transaction of $366,702.00. Following the completion of the transaction, the director now directly owns 2,665 shares in the company, 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. 1.50% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on CSL. Oppenheimer restated an "outperform" rating and issued a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Truist Financial started coverage on Carlisle Companies in a research note on Thursday, November 14th. They issued a "hold" rating and a $460.00 target price on the stock. The Goldman Sachs Group reduced 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. Robert W. Baird lowered their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. Finally, Loop Capital reduced their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $476.00.

Carlisle Companies Stock Down 2.5 %

CSL stock traded down $8.65 during mid-day trading on Friday, reaching $334.48. The company had a trading volume of 453,276 shares, compared to its average volume of 431,738. Carlisle Companies Incorporated has a 52 week low of $332.34 and a 52 week high of $481.26. The company has a market capitalization of $14.90 billion, a price-to-earnings ratio of 12.11, a PEG ratio of 1.05 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 stock has a 50 day simple moving average of $375.76 and a two-hundred day simple moving average of $412.86.

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 the consensus estimate 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 firm earned $4.17 earnings per share. As a group, equities analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.20%. Carlisle Companies's dividend payout ratio is presently 14.48%.

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.