Teachers Retirement System of The State of Kentucky Sells 820 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Teachers Retirement System of The State of Kentucky lowered its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 5.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,726 shares of the conglomerate's stock after selling 820 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in Carlisle Companies were worth $5,431,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. TD Private Client Wealth LLC increased its position in shares of Carlisle Companies by 475.0% during the fourth quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after purchasing an additional 57 shares in the last quarter. GeoWealth Management LLC raised its stake in Carlisle Companies by 25.0% in the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock valued at $53,000 after buying an additional 29 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Carlisle Companies by 95.1% in the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after acquiring an additional 78 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Carlisle Companies by 55.4% during the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock worth $69,000 after acquiring an additional 67 shares during the last quarter. Finally, Generali Asset Management SPA SGR acquired a new position in shares of Carlisle Companies during the fourth quarter valued at about $93,000. Institutional investors own 89.52% of the company's stock.

Carlisle Companies Trading Up 2.4 %

Shares of NYSE:CSL opened at $355.90 on Wednesday. The company has a market capitalization of $15.71 billion, a PE ratio of 12.88, a PEG ratio of 1.03 and a beta of 0.94. Carlisle Companies Incorporated has a 12-month low of $311.41 and a 12-month high of $481.26. The business has a 50 day moving average of $340.83 and a two-hundred day moving average of $389.53. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77.

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 earned $4.17 EPS. As a group, analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $1.00 per share. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a yield of 1.12%. Carlisle Companies's dividend payout ratio is currently 14.48%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. The Goldman Sachs Group dropped their target price on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Loop Capital cut their target price on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research report on Friday, January 10th. Finally, Zelman & Associates raised Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $476.00.

Insider Buying and Selling at Carlisle Companies

In related news, VP Mehul Patel sold 150 shares of the business's 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 owns 815 shares of the company's stock, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the stock in a transaction 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 directly owns 2,665 shares in the company, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

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.

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