Securian Asset Management Inc. Has $1.26 Million Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Securian Asset Management Inc. lessened its position in Carlisle Companies Incorporated (NYSE:CSL) by 4.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 3,417 shares of the conglomerate’s stock after selling 169 shares during the period. Securian Asset Management Inc.’s holdings in Carlisle Companies were worth $1,260,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in CSL. Atria Investments Inc boosted its position in shares of Carlisle Companies by 12.6% during the third quarter. Atria Investments Inc now owns 2,113 shares of the conglomerate’s stock valued at $950,000 after buying an additional 237 shares during the last quarter. Axxcess Wealth Management LLC purchased a new position in shares of Carlisle Companies during the third quarter valued at approximately $255,000. Apollon Wealth Management LLC boosted its position in shares of Carlisle Companies by 28.8% during the third quarter. Apollon Wealth Management LLC now owns 1,405 shares of the conglomerate’s stock valued at $632,000 after buying an additional 314 shares during the last quarter. Prime Capital Investment Advisors LLC purchased a new position in shares of Carlisle Companies during the third quarter valued at approximately $212,000. Finally, Aptus Capital Advisors LLC boosted its position in shares of Carlisle Companies by 105.6% during the third quarter. Aptus Capital Advisors LLC now owns 1,737 shares of the conglomerate’s stock valued at $781,000 after buying an additional 892 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Stock Up 2.9 %

CSL stock opened at $335.95 on Friday. The stock’s fifty day simple moving average is $362.29 and its two-hundred day simple moving average is $406.03. 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 Incorporated has a 1-year low of $321.93 and a 1-year high of $481.26. The stock has a market cap of $14.97 billion, a P/E ratio of 12.16, a P/E/G ratio of 1.03 and a beta of 0.99.

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

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $1.00 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.19%. Carlisle Companies’s payout ratio is presently 14.48%.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $349.24, for a total value of $366,702.00. Following the sale, the director now directly 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Mehul Patel sold 150 shares of the business’s stock in a transaction 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 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analyst Weigh In

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