American Century Companies Inc. Has $32.60 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

American Century Companies Inc. cut its stake in Carlisle Companies Incorporated (NYSE:CSL) by 34.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,375 shares of the conglomerate’s stock after selling 46,006 shares during the period. American Century Companies Inc.’s holdings in Carlisle Companies were worth $32,596,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of CSL. Diversify Advisory Services LLC boosted its holdings in shares of Carlisle Companies by 1.7% during the 4th quarter. Diversify Advisory Services LLC now owns 1,587 shares of the conglomerate’s stock valued at $586,000 after acquiring an additional 26 shares in the last quarter. GAMMA Investing LLC raised its position in Carlisle Companies by 3.0% in the fourth quarter. GAMMA Investing LLC now owns 1,325 shares of the conglomerate’s stock valued at $489,000 after purchasing an additional 38 shares during the last quarter. Metis Global Partners LLC raised its position in Carlisle Companies by 6.4% in the fourth quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate’s stock valued at $238,000 after purchasing an additional 39 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of Carlisle Companies by 1.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 4,141 shares of the conglomerate’s stock valued at $1,527,000 after purchasing an additional 43 shares in the last quarter. Finally, MorganRosel Wealth Management LLC grew its holdings in shares of Carlisle Companies by 1.9% during the fourth quarter. MorganRosel Wealth Management LLC now owns 2,833 shares of the conglomerate’s stock worth $1,045,000 after purchasing an additional 52 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CSL. Oppenheimer reiterated an “outperform” rating and issued a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. The Goldman Sachs Group cut their price target on shares of 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 decreased their price objective on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $476.00.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction on 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 sale, the director now directly owns 2,665 shares of the company’s stock, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Mehul Patel sold 150 shares of the stock in a transaction dated Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the transaction, 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 disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Carlisle Companies Trading Down 1.9 %

NYSE:CSL opened at $342.90 on Friday. 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. The firm’s fifty day moving average is $355.43 and its 200-day moving average is $401.49. The firm has a market cap of $15.14 billion, a P/E ratio of 12.41, a P/E/G ratio of 1.03 and a beta of 0.99.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, beating 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 company earned $4.17 EPS. Equities analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current 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 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 1.17%. Carlisle Companies’s payout ratio is currently 14.48%.

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.