TD Asset Management Inc. Sells 32,976 Shares of Carlisle Companies Incorporated (NYSE:CSL)

TD Asset Management Inc. reduced its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 10.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 272,649 shares of the conglomerate's stock after selling 32,976 shares during the period. TD Asset Management Inc. owned approximately 0.60% of Carlisle Companies worth $100,564,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. EFG Asset Management North America Corp. boosted its holdings in Carlisle Companies by 14.8% in the 4th quarter. EFG Asset Management North America Corp. now owns 8,179 shares of the conglomerate's stock valued at $3,016,000 after purchasing an additional 1,054 shares during the period. LPL Financial LLC raised its position in shares of Carlisle Companies by 5.1% during the fourth quarter. LPL Financial LLC now owns 47,391 shares of the conglomerate's stock valued at $17,480,000 after buying an additional 2,305 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of Carlisle Companies in the fourth quarter valued at about $11,471,000. Sei Investments Co. lifted its stake in shares of Carlisle Companies by 0.9% in the fourth quarter. Sei Investments Co. now owns 84,395 shares of the conglomerate's stock valued at $31,131,000 after buying an additional 715 shares during the period. Finally, Virtu Financial LLC acquired a new stake in Carlisle Companies during the fourth quarter worth about $507,000. 89.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CSL. Oppenheimer reiterated an "outperform" rating and issued a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Loop Capital reduced their target price on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a research report on Friday, January 10th. Finally, The Goldman Sachs Group lowered their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Carlisle Companies presently has a consensus rating of "Moderate Buy" and a consensus price target of $476.00.

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Insiders Place Their Bets

In related news, VP Mehul Patel sold 150 shares of the company's stock in a transaction dated Saturday, February 8th. The shares were sold at an average price of $350.53, for a total transaction of $52,579.50. Following the transaction, the vice president now owns 815 shares in the company, valued at $285,681.95. This represents a 15.54 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan R. Collins sold 1,050 shares of the business's stock in a transaction dated Friday, February 7th. The stock was 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 of the company's stock, valued at approximately $930,724.60. This represents a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.50% of the company's stock.

Carlisle Companies Price Performance

Carlisle Companies stock traded down $6.61 during mid-day trading on Friday, hitting $342.90. 557,561 shares of the company were exchanged, compared to its average volume of 369,079. The company has a market capitalization of $15.14 billion, a PE ratio of 12.41, a price-to-earnings-growth ratio of 1.03 and a beta of 0.99. The business has a fifty day moving average of $355.43 and a 200 day moving average of $401.52. Carlisle Companies Incorporated has a 1-year low of $321.93 and a 1-year high of $481.26. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77.

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

Carlisle Companies Dividend Announcement

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