Boston Partners Has $9.21 Million Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Boston Partners decreased its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 5.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 24,957 shares of the conglomerate’s stock after selling 1,329 shares during the period. Boston Partners’ holdings in Carlisle Companies were worth $9,210,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CSL. True Wealth Design LLC grew its position in Carlisle Companies by 1,400.0% during the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 70 shares during the last quarter. Quarry LP grew its holdings in shares of Carlisle Companies by 75.0% during the third quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after purchasing an additional 57 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Carlisle Companies by 95.1% in the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate’s stock valued at $59,000 after buying an additional 78 shares during the last quarter. UMB Bank n.a. lifted its position in Carlisle Companies by 55.4% during the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock worth $69,000 after buying an additional 67 shares in the last quarter. Finally, Private Trust Co. NA increased its position in Carlisle Companies by 291.2% in the 3rd quarter. Private Trust Co. NA now owns 223 shares of the conglomerate’s stock valued at $100,000 after acquiring an additional 166 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Insider Activity

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction that occurred 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 owns 2,665 shares in the company, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Mehul Patel sold 150 shares of the firm’s stock in a transaction that occurred 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 transaction, the vice president now directly owns 815 shares of the company’s stock, valued at $285,681.95. This represents 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.

Carlisle Companies Stock Down 2.4 %

Shares of NYSE CSL opened at $339.81 on Friday. The firm has a 50 day moving average price of $360.12 and a 200 day moving average price of $403.95. 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 stock has a market cap of $15.14 billion, a P/E ratio of 12.30, a P/E/G 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.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating the consensus estimate 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 period in the previous year, the firm earned $4.17 earnings per share. Analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The company also recently declared 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 annualized dividend and a dividend yield of 1.18%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio is 14.48%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CSL. Oppenheimer restated an “outperform” rating and issued a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Loop Capital dropped their target price on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a research report on Friday, January 10th. Finally, The Goldman Sachs Group lowered their price objective on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Two equities research 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 company presently has an average rating of “Moderate Buy” and an average 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.