Brandywine Global Investment Management LLC Buys 4,481 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Brandywine Global Investment Management LLC boosted its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 8.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,159 shares of the conglomerate’s stock after buying an additional 4,481 shares during the quarter. Brandywine Global Investment Management LLC owned approximately 0.12% of Carlisle Companies worth $20,345,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in CSL. Norges Bank bought a new stake in shares of Carlisle Companies during the fourth quarter valued at approximately $208,095,000. Madison Investment Advisors LLC purchased a new stake in shares of Carlisle Companies in the 4th quarter worth $148,208,000. Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of Carlisle Companies by 6,405.8% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate’s stock worth $80,757,000 after buying an additional 176,799 shares during the period. AustralianSuper Pty Ltd increased its stake in shares of Carlisle Companies by 732.1% during the fourth quarter. AustralianSuper Pty Ltd now owns 142,856 shares of the conglomerate’s stock valued at $52,691,000 after buying an additional 125,687 shares during the period. Finally, Holocene Advisors LP raised its holdings in shares of Carlisle Companies by 151.3% in the third quarter. Holocene Advisors LP now owns 176,974 shares of the conglomerate’s stock valued at $79,594,000 after acquiring an additional 106,539 shares in the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Carlisle Companies

In other Carlisle Companies 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 owns 815 shares in the company, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jonathan R. Collins sold 1,050 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was 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 owns 2,665 shares of the company’s stock, 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. Insiders own 1.50% of the company’s stock.

Carlisle Companies Trading Down 1.9 %

NYSE CSL opened at $342.90 on Monday. Carlisle Companies Incorporated has a 52 week low of $321.93 and a 52 week high of $481.26. The company has a 50 day moving average price of $355.43 and a 200 day moving average price of $401.53. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. The firm has a market cap 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.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm earned $4.17 EPS. As a group, sell-side analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal 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 issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio is presently 14.48%.

Analysts Set New Price Targets

Several brokerages have issued reports on CSL. 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 report on Tuesday, January 14th. Oppenheimer reissued an “outperform” rating and set a $495.00 price objective (down from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Finally, Loop Capital lowered their target price on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Carlisle Companies presently has a consensus rating of “Moderate Buy” and an average target price of $476.00.

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.