Carlisle Companies Incorporated $CSL Shares Sold by Robeco Schweiz AG

Robeco Schweiz AG lessened its position in Carlisle Companies Incorporated (NYSE:CSL) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 247,111 shares of the conglomerate’s stock after selling 2,247 shares during the period. Carlisle Companies makes up 1.8% of Robeco Schweiz AG’s portfolio, making the stock its 14th biggest position. Robeco Schweiz AG owned approximately 0.59% of Carlisle Companies worth $79,041,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CSL. Goldman Sachs Group Inc. increased its stake in shares of Carlisle Companies by 36.9% in the first quarter. Goldman Sachs Group Inc. now owns 105,468 shares of the conglomerate’s stock valued at $35,912,000 after purchasing an additional 28,414 shares during the period. Baird Financial Group Inc. grew its holdings in Carlisle Companies by 8.4% in the 2nd quarter. Baird Financial Group Inc. now owns 2,549 shares of the conglomerate’s stock worth $952,000 after buying an additional 197 shares in the last quarter. Jump Financial LLC acquired a new stake in Carlisle Companies in the 2nd quarter valued at approximately $1,345,000. Bank of Nova Scotia increased its position in Carlisle Companies by 118.6% in the 2nd quarter. Bank of Nova Scotia now owns 1,646 shares of the conglomerate’s stock valued at $615,000 after acquiring an additional 893 shares during the period. Finally, Sei Investments Co. raised its stake in Carlisle Companies by 40.0% during the 2nd quarter. Sei Investments Co. now owns 115,396 shares of the conglomerate’s stock valued at $43,088,000 after acquiring an additional 32,996 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on CSL. Weiss Ratings reiterated a “hold (c)” rating on shares of Carlisle Companies in a research report on Friday, March 27th. Robert W. Baird lifted their price objective on shares of Carlisle Companies from $402.00 to $425.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Raymond James Financial began coverage on shares of Carlisle Companies in a report on Monday, April 27th. They issued an “outperform” rating and a $425.00 price objective for the company. Zacks Research raised shares of Carlisle Companies from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Finally, Oppenheimer boosted their price target on shares of Carlisle Companies from $420.00 to $425.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $405.00.

Insider Buying and Selling at Carlisle Companies

In other news, insider Stephen Schwar sold 6,049 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $417.36, for a total transaction of $2,524,610.64. Following the completion of the transaction, the insider owned 8,540 shares in the company, valued at approximately $3,564,254.40. This trade represents a 41.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP David W. Smith sold 1,800 shares of Carlisle Companies stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $414.05, for a total transaction of $745,290.00. Following the completion of the transaction, the vice president directly owned 3,697 shares in the company, valued at $1,530,742.85. This represents a 32.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 68,289 shares of company stock valued at $28,125,467 over the last 90 days. Insiders own 1.30% of the company’s stock.

Carlisle Companies Stock Performance

Shares of NYSE CSL opened at $374.57 on Thursday. Carlisle Companies Incorporated has a 1 year low of $293.43 and a 1 year high of $435.92. The firm has a market cap of $15.16 billion, a P/E ratio of 22.02, a PEG ratio of 1.12 and a beta of 0.88. The stock has a fifty day moving average price of $353.58 and a two-hundred day moving average price of $346.38. The company has a debt-to-equity ratio of 1.74, a quick ratio of 2.58 and a current ratio of 3.38.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $3.63 EPS for the quarter, topping analysts’ consensus estimates of $3.31 by $0.32. Carlisle Companies had a return on equity of 43.78% and a net margin of 14.57%.The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the previous year, the business earned $3.61 EPS. The company’s quarterly revenue was down 4.0% compared to the same quarter last year. Research analysts forecast that Carlisle Companies Incorporated will post 21.13 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 18th will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, May 18th. Carlisle Companies’s dividend payout ratio is presently 25.87%.

Carlisle Companies Company Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.