SeaTown Holdings Pte. Ltd. Has $7.97 Million Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

SeaTown Holdings Pte. Ltd. boosted its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 23.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,600 shares of the conglomerate's stock after buying an additional 4,100 shares during the period. Carlisle Companies makes up about 5.5% of SeaTown Holdings Pte. Ltd.'s investment portfolio, making the stock its 12th largest position. SeaTown Holdings Pte. Ltd.'s holdings in Carlisle Companies were worth $7,967,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Capital Performance Advisors LLP acquired a new stake in shares of Carlisle Companies during the 3rd quarter worth approximately $25,000. ORG Wealth Partners LLC bought a new stake in Carlisle Companies in the 3rd quarter valued at $32,000. True Wealth Design LLC raised its stake in shares of Carlisle Companies by 1,400.0% in the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate's stock valued at $34,000 after buying an additional 70 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Carlisle Companies by 317.2% during the 3rd quarter. UMB Bank n.a. now owns 121 shares of the conglomerate's stock worth $54,000 after acquiring an additional 92 shares during the period. Finally, Quarry LP boosted its position in shares of Carlisle Companies by 75.0% during 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. 89.52% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CSL has been the subject of several recent research reports. Loop Capital dropped their price target on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a research report on Friday, January 10th. 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 report on Friday, October 25th. The Goldman Sachs Group decreased their price target on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Truist Financial began coverage on Carlisle Companies in a research note on Thursday, November 14th. They set a "hold" rating and a $460.00 price objective for the company. Finally, Oppenheimer restated an "outperform" rating and issued a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a research note 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. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $476.00.

Insider Activity at Carlisle Companies

In other Carlisle Companies news, VP David W. Smith sold 275 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $443.41, for a total value of $121,937.75. Following the transaction, the vice president now directly owns 2,834 shares in the company, valued at approximately $1,256,623.94. This trade represents a 8.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.50% of the stock is currently owned by company insiders.

Carlisle Companies Price Performance

CSL stock traded up $5.06 during midday trading on Friday, reaching $400.46. 363,755 shares of the company's stock traded hands, compared to its average volume of 318,465. The company has a 50-day simple moving average of $411.47 and a two-hundred day simple moving average of $420.53. The company has a quick ratio of 2.29, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. Carlisle Companies Incorporated has a 1-year low of $302.08 and a 1-year high of $481.26. The company has a market cap of $18.15 billion, a price-to-earnings ratio of 14.17, a PEG ratio of 1.09 and a beta of 0.96.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share for the quarter, missing analysts' consensus estimates of $5.82 by ($0.04). The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.38 billion. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The business's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the business posted $4.68 earnings per share. On average, analysts anticipate that Carlisle Companies Incorporated will post 20.23 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $4.00 annualized dividend and a dividend yield of 1.00%. Carlisle Companies's dividend payout ratio (DPR) is currently 14.15%.

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.