Gulf International Bank UK Ltd Lowers Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Gulf International Bank UK Ltd lessened its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 1.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,976 shares of the conglomerate’s stock after selling 45 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Carlisle Companies were worth $1,466,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Mn Services Vermogensbeheer B.V. boosted its holdings in Carlisle Companies by 3.7% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 8,500 shares of the conglomerate’s stock valued at $3,135,000 after purchasing an additional 300 shares in the last quarter. Advisor OS LLC purchased a new stake in shares of Carlisle Companies during the 4th quarter worth approximately $219,000. MorganRosel Wealth Management LLC boosted its stake in shares of Carlisle Companies by 1.9% during the 4th quarter. MorganRosel Wealth Management LLC now owns 2,833 shares of the conglomerate’s stock worth $1,045,000 after acquiring an additional 52 shares in the last quarter. FourThought Financial Partners LLC purchased a new stake in shares of Carlisle Companies during the 4th quarter worth approximately $354,000. Finally, Y Intercept Hong Kong Ltd boosted its stake in shares of Carlisle Companies by 1,121.5% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 12,887 shares of the conglomerate’s stock worth $4,753,000 after acquiring an additional 11,832 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Carlisle Companies Trading Up 1.5 %

Shares of CSL opened at $340.26 on Friday. Carlisle Companies Incorporated has a fifty-two week low of $332.04 and a fifty-two week high of $481.26. The stock has a fifty day moving average of $370.24 and a two-hundred day moving average of $411.36. The company has a market capitalization of $15.16 billion, a PE 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 quick ratio of 2.29 and a current ratio of 2.89.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, topping 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 in the previous year, the business posted $4.17 earnings per share. As a group, analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors 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 yield of 1.18%. Carlisle Companies’s dividend payout ratio (DPR) is 14.48%.

Analyst Ratings Changes

CSL has been the topic of several research analyst reports. Loop Capital decreased their price target on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research note on Friday, January 10th. Oppenheimer reissued an “outperform” rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. The Goldman Sachs Group decreased their price target on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, Truist Financial began coverage on Carlisle Companies in a research report on Thursday, November 14th. They set a “hold” rating and a $460.00 price objective for the company. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $476.00.

Insider Buying and Selling

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the company’s 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 completion of the transaction, the director now directly owns 2,665 shares of the company’s stock, valued at $930,724.60. This represents a 28.26 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Mehul Patel sold 150 shares of the company’s stock in a transaction dated Saturday, February 8th. The shares were 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 directly owns 815 shares of the company’s stock, valued at approximately $285,681.95. The trade was a 15.54 % 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.