Russell Investments Group Ltd. Has $8.67 Million Stake in Carlisle Companies Incorporated (NYSE:CSL)

Russell Investments Group Ltd. reduced its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 42.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 23,512 shares of the conglomerate's stock after selling 17,590 shares during the period. Russell Investments Group Ltd. owned approximately 0.05% of Carlisle Companies worth $8,672,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CSL. TD Private Client Wealth LLC lifted its holdings in shares of Carlisle Companies by 475.0% in the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after acquiring an additional 57 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Carlisle Companies by 95.1% during the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after buying an additional 78 shares during the period. UMB Bank n.a. lifted its stake in Carlisle Companies by 55.4% during the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock worth $69,000 after acquiring an additional 67 shares in the last quarter. Generali Asset Management SPA SGR purchased a new stake in Carlisle Companies during the fourth quarter worth about $93,000. Finally, MV Capital Management Inc. lifted its position in shares of Carlisle Companies by 253.5% during the fourth quarter. MV Capital Management Inc. now owns 251 shares of the conglomerate's stock worth $93,000 after purchasing an additional 180 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Oppenheimer reaffirmed an "outperform" rating and issued a $495.00 target price (down from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Zelman & Associates raised Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday. The Goldman Sachs Group cut their price target 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. Finally, Loop Capital decreased their price objective on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a report on Friday, January 10th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $476.00.

Insider Buying and Selling at Carlisle Companies

In related news, Director Jonathan R. Collins sold 1,050 shares of the firm's stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $349.24, for a total transaction of $366,702.00. Following the transaction, the director now owns 2,665 shares of the company's stock, valued at approximately $930,724.60. This trade represents a 28.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Mehul Patel sold 150 shares of the business's stock in a transaction that occurred on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the completion of the sale, the vice president now directly owns 815 shares of the company's stock, valued at $285,681.95. This represents a 15.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by company insiders.

Carlisle Companies Price Performance

CSL traded up $4.59 on Friday, hitting $352.82. 274,367 shares of the company were exchanged, compared to its average volume of 387,994. The firm has a market capitalization of $15.58 billion, a P/E ratio of 12.77, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94. Carlisle Companies Incorporated has a fifty-two week low of $311.41 and a fifty-two week high of $481.26. The business's fifty day moving average is $341.15 and its 200 day moving average is $391.95. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89.

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

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.13%. Carlisle Companies's dividend payout ratio (DPR) is 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.