Sei Investments Co. Has $31.13 Million Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Sei Investments Co. lifted its position in Carlisle Companies Incorporated (NYSE:CSL) by 0.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 84,395 shares of the conglomerate’s stock after acquiring an additional 715 shares during the period. Sei Investments Co.’s holdings in Carlisle Companies were worth $31,131,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pensionfund Sabic acquired a new position in shares of Carlisle Companies in the 4th quarter worth approximately $1,291,000. Geode Capital Management LLC raised its stake in Carlisle Companies by 13.3% during the third quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock worth $391,827,000 after acquiring an additional 102,436 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of Carlisle Companies by 3.9% during the fourth quarter. Nordea Investment Management AB now owns 3,897 shares of the conglomerate’s stock valued at $1,440,000 after acquiring an additional 145 shares during the period. Moody National Bank Trust Division acquired a new stake in shares of Carlisle Companies in the 4th quarter valued at $872,000. Finally, Asset Management One Co. Ltd. grew its holdings in shares of Carlisle Companies by 5.6% in the 4th quarter. Asset Management One Co. Ltd. now owns 20,685 shares of the conglomerate’s stock worth $7,695,000 after purchasing an additional 1,102 shares during the last quarter. 89.52% of the stock is owned by institutional investors.

Carlisle Companies Stock Up 0.1 %

Shares of CSL opened at $348.96 on Wednesday. The business’s fifty day moving average price is $358.30 and its two-hundred day moving average price is $402.61. The firm has a market capitalization of $15.41 billion, a price-to-earnings ratio of 12.63, a PEG ratio of 1.03 and a beta of 0.99. Carlisle Companies Incorporated has a 52 week low of $321.93 and a 52 week high of $481.26. 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 posted its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period in the previous year, the business earned $4.17 EPS. On average, analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $1.00 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a yield of 1.15%. Carlisle Companies’s dividend payout ratio is presently 14.48%.

Insider Buying and Selling at Carlisle Companies

In related news, VP Mehul Patel sold 150 shares of the 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 sale, the vice president now directly owns 815 shares in the company, valued at $285,681.95. This trade represents a 15.54 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Jonathan R. Collins sold 1,050 shares of the business’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 transaction, the director now owns 2,665 shares of the company’s stock, valued at approximately $930,724.60. This represents a 28.26 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Loop Capital cut their price target on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a report on Friday, January 10th. Oppenheimer reiterated an “outperform” rating and issued a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Finally, The Goldman Sachs Group reduced their target price on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. 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, Carlisle Companies has an average rating of “Moderate Buy” and a consensus target price 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.