Lindenwold Advisors INC Sells 44 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Lindenwold Advisors INC decreased its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,339 shares of the conglomerate’s stock after selling 44 shares during the quarter. Lindenwold Advisors INC’s holdings in Carlisle Companies were worth $494,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Madison Investment Advisors LLC acquired a new stake in Carlisle Companies during the 4th quarter worth about $148,208,000. FMR LLC boosted its holdings in Carlisle Companies by 29.6% in the third quarter. FMR LLC now owns 955,289 shares of the conglomerate’s stock worth $429,641,000 after acquiring an additional 218,002 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec grew 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 valued at $80,757,000 after acquiring an additional 176,799 shares during the period. AustralianSuper Pty Ltd increased its holdings 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 acquiring an additional 125,687 shares in the last quarter. Finally, Holocene Advisors LP lifted its holdings 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 worth $79,594,000 after purchasing an additional 106,539 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Carlisle Companies Stock Performance

Shares of CSL opened at $340.15 on Wednesday. The stock has a 50 day moving average of $361.27 and a 200 day moving average of $404.80. The company has a market capitalization of $15.16 billion, a price-to-earnings ratio of 12.31, a PEG ratio of 1.03 and a beta of 0.99. Carlisle Companies Incorporated has a 12 month low of $321.93 and a 12 month high of $481.26. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data 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 net margin of 26.22% and a return on equity of 34.37%. During the same quarter in the prior year, the firm earned $4.17 earnings per share. As a group, sell-side analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The company also recently declared 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 1.18%. Carlisle Companies’s payout ratio is 14.48%.

Insider Buying and Selling

In other news, VP Mehul Patel sold 150 shares of Carlisle Companies stock in a transaction dated 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 in the company, valued at $285,681.95. This trade represents a 15.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan R. Collins sold 1,050 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $349.24, for a total transaction of $366,702.00. Following the sale, the director now owns 2,665 shares in the company, valued at $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 insiders.

Analysts Set New Price Targets

A number of brokerages have commented on CSL. The Goldman Sachs Group decreased their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. 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. Finally, Oppenheimer reiterated 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. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $476.00.

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.