Segall Bryant & Hamill LLC Has $13.78 Million Stake in Carlisle Companies Incorporated (NYSE:CSL)

Segall Bryant & Hamill LLC decreased its position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 5.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,358 shares of the conglomerate's stock after selling 2,019 shares during the period. Segall Bryant & Hamill LLC owned approximately 0.08% of Carlisle Companies worth $13,779,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Citigroup Inc. raised its stake in Carlisle Companies by 12.9% in the 3rd quarter. Citigroup Inc. now owns 43,443 shares of the conglomerate's stock worth $19,538,000 after purchasing an additional 4,980 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of Carlisle Companies by 49.0% during the third quarter. Cerity Partners LLC now owns 6,951 shares of the conglomerate's stock worth $3,126,000 after purchasing an additional 2,285 shares during the period. Larson Financial Group LLC raised its position in shares of Carlisle Companies by 123.6% in the third quarter. Larson Financial Group LLC now owns 635 shares of the conglomerate's stock valued at $286,000 after buying an additional 351 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Carlisle Companies by 6.6% in the third quarter. Daiwa Securities Group Inc. now owns 19,355 shares of the conglomerate's stock valued at $8,705,000 after buying an additional 1,200 shares during the period. Finally, Loomis Sayles & Co. L P acquired a new stake in Carlisle Companies during the third quarter worth approximately $935,000. Institutional investors own 89.52% of the company's stock.

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Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on CSL shares. The Goldman Sachs Group dropped their price objective on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Oppenheimer reaffirmed an "outperform" rating and issued a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Finally, Loop Capital reduced their price objective 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. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $476.00.

Insiders Place Their Bets

In other news, VP Mehul Patel sold 150 shares of the business's stock in a transaction dated Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the sale, the vice president now directly owns 815 shares in the company, valued at approximately $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 accessible through the SEC website. Also, 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 completion of 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 position. The disclosure for this sale can be found here. Insiders own 1.50% of the company's stock.

Carlisle Companies Price Performance

Shares of Carlisle Companies stock traded down $6.61 during trading on Friday, reaching $342.90. 557,561 shares of the company's stock were exchanged, compared to its average volume of 369,079. 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 Incorporated has a 1-year low of $321.93 and a 1-year high of $481.26. The company has a market cap of $15.14 billion, a P/E ratio of 12.41, a PEG ratio of 1.03 and a beta of 0.99. The firm's 50-day moving average price is $355.43 and its 200 day moving average price is $401.53.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, topping the consensus estimate of $4.43 by $0.04. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. During the same quarter in the prior year, the business earned $4.17 earnings per share. As a group, research analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.17%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies's payout ratio is 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.