Carlisle Companies Incorporated (NYSE:CSL) Stock Holdings Boosted by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership boosted its position in Carlisle Companies Incorporated (NYSE:CSL) by 18.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 147,621 shares of the conglomerate’s stock after purchasing an additional 23,403 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.33% of Carlisle Companies worth $54,449,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Diversify Advisory Services LLC raised its holdings in shares of Carlisle Companies by 1.7% during the fourth quarter. Diversify Advisory Services LLC now owns 1,587 shares of the conglomerate’s stock valued at $586,000 after buying an additional 26 shares during the last quarter. GAMMA Investing LLC raised its stake in Carlisle Companies by 3.0% during the 4th quarter. GAMMA Investing LLC now owns 1,325 shares of the conglomerate’s stock valued at $489,000 after acquiring an additional 38 shares in the last quarter. Metis Global Partners LLC raised its stake in Carlisle Companies by 6.4% during the 4th quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate’s stock valued at $238,000 after acquiring an additional 39 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of Carlisle Companies by 1.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 4,141 shares of the conglomerate’s stock worth $1,527,000 after purchasing an additional 43 shares in the last quarter. Finally, TIAA Trust National Association increased its holdings in shares of Carlisle Companies by 9.2% during the fourth quarter. TIAA Trust National Association now owns 581 shares of the conglomerate’s stock valued at $214,000 after purchasing an additional 49 shares during the period. 89.52% of the stock is owned by institutional investors and hedge funds.

Carlisle Companies Stock Performance

NYSE:CSL opened at $343.38 on Wednesday. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. The company has a 50-day moving average of $352.94 and a 200-day moving average of $400.61. Carlisle Companies Incorporated has a twelve month low of $321.93 and a twelve month high of $481.26. The firm has a market cap of $15.16 billion, a price-to-earnings ratio of 12.43, a price-to-earnings-growth ratio of 1.03 and a beta of 0.99.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, topping 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 period last year, the business earned $4.17 EPS. Analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.16%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio is 14.48%.

Insider Activity at Carlisle Companies

In related news, VP Mehul Patel sold 150 shares of the firm’s stock in a transaction that occurred 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 transaction, the vice president now owns 815 shares of the company’s stock, valued at approximately $285,681.95. This trade represents a 15.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $349.24, for a total transaction of $366,702.00. Following the transaction, the director now 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 currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CSL. The Goldman Sachs Group reduced their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Oppenheimer reiterated an “outperform” rating and issued a $495.00 price objective (down from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Finally, Loop Capital dropped their target price on 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $476.00.

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.