Carlisle Companies Incorporated (NYSE:CSL) Shares Acquired by Sei Investments Co.

Sei Investments Co. boosted its stake in Carlisle Companies Incorporated (NYSE:CSL) by 0.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 84,395 shares of the conglomerate’s stock after buying an additional 715 shares during the period. Sei Investments Co. owned 0.19% of Carlisle Companies worth $31,131,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Virtu Financial LLC acquired a new position in shares of Carlisle Companies during the fourth quarter valued at approximately $507,000. Quantbot Technologies LP acquired a new position in shares of Carlisle Companies during the 4th quarter valued at $2,680,000. TD Private Client Wealth LLC raised its stake in shares of Carlisle Companies by 475.0% in the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate’s stock worth $25,000 after buying an additional 57 shares in the last quarter. iA Global Asset Management Inc. lifted its holdings in shares of Carlisle Companies by 7.3% in the fourth quarter. iA Global Asset Management Inc. now owns 929 shares of the conglomerate’s stock valued at $343,000 after buying an additional 63 shares during the period. Finally, Magnetar Financial LLC boosted its stake in Carlisle Companies by 388.8% during the fourth quarter. Magnetar Financial LLC now owns 7,713 shares of the conglomerate’s stock valued at $2,845,000 after buying an additional 6,135 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on CSL shares. Oppenheimer reiterated an “outperform” rating and issued a $495.00 target price (down from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. The Goldman Sachs Group dropped their price target on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Finally, Loop Capital reduced their price objective on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a research note on Friday, January 10th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $476.00.

Carlisle Companies Price Performance

Shares of NYSE:CSL opened at $348.96 on Wednesday. The firm has a market cap of $15.41 billion, a price-to-earnings ratio of 12.63, a P/E/G ratio of 1.03 and a beta of 0.99. Carlisle Companies Incorporated has a 1 year low of $321.93 and a 1 year 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. The business has a fifty day simple moving average of $358.30 and a 200 day simple moving average of $402.61.

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

Carlisle Companies Dividend Announcement

The firm 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. This represents a $4.00 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.48%.

Insiders Place Their Bets

In related news, Director Jonathan R. Collins sold 1,050 shares of the 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 completion of the sale, the director now owns 2,665 shares in the company, valued at $930,724.60. This represents a 28.26 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Mehul Patel sold 150 shares of the firm’s stock in a transaction on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction 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 position. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

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.