Mutual of America Capital Management LLC Sells 460 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Mutual of America Capital Management LLC lessened its stake in Carlisle Companies Incorporated (NYSE:CSL) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 39,453 shares of the conglomerate’s stock after selling 460 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.09% of Carlisle Companies worth $14,552,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Private Trust Co. NA raised its holdings in shares of Carlisle Companies by 74.4% in the 4th quarter. Private Trust Co. NA now owns 389 shares of the conglomerate’s stock worth $143,000 after purchasing an additional 166 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of Carlisle Companies in the 4th quarter worth approximately $23,535,000. Oppenheimer & Co. Inc. raised its holdings in shares of Carlisle Companies by 8.3% in the 4th quarter. Oppenheimer & Co. Inc. now owns 8,108 shares of the conglomerate’s stock worth $2,991,000 after purchasing an additional 619 shares during the period. Mn Services Vermogensbeheer B.V. raised its holdings in shares of Carlisle Companies by 3.7% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 8,500 shares of the conglomerate’s stock worth $3,135,000 after purchasing an additional 300 shares during the period. Finally, Advisor OS LLC bought a new stake in shares of Carlisle Companies in the 4th quarter worth approximately $219,000. Institutional investors own 89.52% of the company’s stock.

Insider Activity

In related news, Director Jonathan R. Collins sold 1,050 shares of the company’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of $349.24, for a total value of $366,702.00. Following the completion of 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Mehul Patel sold 150 shares of the company’s stock in a transaction on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the completion of the transaction, the vice president now owns 815 shares of the company’s stock, valued at $285,681.95. This trade represents a 15.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on CSL shares. Truist Financial began coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They issued a “hold” rating and a $460.00 price target on the stock. Oppenheimer reissued an “outperform” rating and set a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. The Goldman Sachs Group lowered their target price 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. Finally, Loop Capital lowered their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a report on Friday, January 10th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $476.00.

Carlisle Companies Stock Up 1.5 %

CSL opened at $340.26 on Friday. The company has a fifty day moving average price of $370.24 and a 200-day moving average price of $411.25. The firm has a market capitalization of $15.16 billion, a P/E ratio of 12.31, a price-to-earnings-growth ratio of 1.03 and a beta of 0.96. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. Carlisle Companies Incorporated has a one year low of $332.04 and a one year high of $481.26.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, beating analysts’ consensus estimates 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 company posted $4.17 earnings per share. Equities research analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $1.00 per share. The ex-dividend date is Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.18%. Carlisle Companies’s dividend payout ratio (DPR) is currently 14.48%.

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.