Schroder Investment Management Group Decreases Position in Carlisle Companies Incorporated (NYSE:CSL)

Schroder Investment Management Group cut its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 12.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 96,717 shares of the conglomerate's stock after selling 13,907 shares during the period. Schroder Investment Management Group owned about 0.21% of Carlisle Companies worth $35,657,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership lifted its position in shares of Carlisle Companies by 18.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 147,621 shares of the conglomerate's stock valued at $54,449,000 after acquiring an additional 23,403 shares in the last quarter. MV Capital Management Inc. lifted its holdings in Carlisle Companies by 253.5% in the 4th quarter. MV Capital Management Inc. now owns 251 shares of the conglomerate's stock valued at $93,000 after purchasing an additional 180 shares in the last quarter. Allstate Corp purchased a new position in Carlisle Companies in the 4th quarter valued at $487,000. DnB Asset Management AS boosted its stake in Carlisle Companies by 0.8% during the 4th quarter. DnB Asset Management AS now owns 12,043 shares of the conglomerate's stock worth $4,442,000 after purchasing an additional 97 shares during the last quarter. Finally, New Age Alpha Advisors LLC purchased a new stake in shares of Carlisle Companies during the fourth quarter worth $178,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the company's stock in a transaction on Friday, February 7th. The stock was sold at an average price of $349.24, for a total transaction of $366,702.00. Following the transaction, the director now directly owns 2,665 shares in the company, valued at $930,724.60. This represents a 28.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 value 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. The trade was a 15.54 % 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.

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Analysts Set New Price Targets

Several equities analysts have recently weighed in on CSL shares. Oppenheimer reissued an "outperform" rating and issued a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Loop Capital decreased their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research note on Friday, January 10th. Finally, The Goldman Sachs Group dropped 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. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $476.00.

Carlisle Companies Trading Down 0.1 %

CSL stock traded down $0.23 during trading on Friday, reaching $326.87. 834,299 shares of the stock were exchanged, compared to its average volume of 374,942. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $14.43 billion, a price-to-earnings ratio of 11.83, a P/E/G ratio of 1.03 and a beta of 0.94. The business has a 50 day moving average price of $348.76 and a 200-day moving average price of $398.77. Carlisle Companies Incorporated has a 1 year low of $312.60 and a 1 year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS 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 quarter last year, the firm posted $4.17 EPS. 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 firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies's dividend payout ratio is presently 14.48%.

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.