Xponance Inc. lifted its holdings in Carlisle Companies Incorporated (NYSE:CSL – Free Report) by 4.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,142 shares of the conglomerate’s stock after purchasing an additional 358 shares during the period. Xponance Inc.’s holdings in Carlisle Companies were worth $3,003,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in CSL. Madison Investment Advisors LLC acquired a new stake in Carlisle Companies in the 4th quarter valued at about $148,208,000. FMR LLC raised its holdings in Carlisle Companies by 29.6% in the third quarter. FMR LLC now owns 955,289 shares of the conglomerate’s stock valued at $429,641,000 after acquiring an additional 218,002 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its stake in Carlisle Companies by 6,405.8% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate’s stock worth $80,757,000 after acquiring an additional 176,799 shares during the last quarter. AustralianSuper Pty Ltd grew its holdings in Carlisle Companies by 732.1% during the 4th quarter. AustralianSuper Pty Ltd now owns 142,856 shares of the conglomerate’s stock worth $52,691,000 after acquiring an additional 125,687 shares in the last quarter. Finally, Holocene Advisors LP increased its position in shares of Carlisle Companies by 151.3% in the 3rd quarter. Holocene Advisors LP now owns 176,974 shares of the conglomerate’s stock valued at $79,594,000 after purchasing an additional 106,539 shares during the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
CSL has been the subject of a number of analyst reports. Loop Capital lowered their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a research note on Friday, January 10th. The Goldman Sachs Group decreased their price target on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a report 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 a consensus rating of “Moderate Buy” and a consensus price target of $476.00.
Insider Buying and Selling
In other news, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $349.24, for a total value of $366,702.00. Following the sale, the director now owns 2,665 shares of the company’s stock, valued at $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 this hyperlink. Also, VP Mehul Patel sold 150 shares of the 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 transaction, the vice president now directly owns 815 shares of the company’s stock, valued at $285,681.95. This represents a 15.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.
Carlisle Companies Trading Down 0.7 %
CSL opened at $336.89 on Friday. 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 Incorporated has a 52 week low of $321.93 and a 52 week high of $481.26. The business’s 50 day moving average is $359.46 and its two-hundred day moving average is $403.35. The firm has a market cap of $15.01 billion, a price-to-earnings ratio of 12.19, a price-to-earnings-growth ratio of 1.03 and a beta of 0.99.
Carlisle Companies (NYSE:CSL – Get Free Report) last announced its 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 period in the previous year, the business posted $4.17 EPS. On average, research analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current year.
Carlisle Companies Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.19%. Carlisle Companies’s dividend payout ratio (DPR) 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.
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