Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC grew its stake in Carlisle Companies Incorporated (NYSE:CSL) by 59.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,949 shares of the conglomerate’s stock after purchasing an additional 16,472 shares during the period. Intech Investment Management LLC owned about 0.10% of Carlisle Companies worth $16,210,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Generali Asset Management SPA SGR purchased a new position in shares of Carlisle Companies in the fourth quarter worth about $93,000. Tocqueville Asset Management L.P. raised its stake in shares of Carlisle Companies by 6.0% in the 4th quarter. Tocqueville Asset Management L.P. now owns 4,375 shares of the conglomerate’s stock valued at $1,614,000 after acquiring an additional 248 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in shares of Carlisle Companies by 13.1% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,522 shares of the conglomerate’s stock valued at $561,000 after acquiring an additional 176 shares during the period. Natixis Advisors LLC raised its stake in shares of Carlisle Companies by 0.3% in the 4th quarter. Natixis Advisors LLC now owns 136,330 shares of the conglomerate’s stock valued at $50,284,000 after acquiring an additional 466 shares during the period. Finally, Catalyst Funds Management Pty Ltd raised its stake in shares of Carlisle Companies by 287.5% in the 4th quarter. Catalyst Funds Management Pty Ltd now owns 3,100 shares of the conglomerate’s stock valued at $1,143,000 after acquiring an additional 2,300 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Carlisle Companies Stock Performance

NYSE:CSL opened at $343.69 on Tuesday. 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 firm has a 50-day moving average price of $361.76 and a two-hundred day moving average price of $405.39. Carlisle Companies Incorporated has a twelve month low of $321.93 and a twelve month high of $481.26. The company has a market capitalization of $15.31 billion, a P/E ratio of 12.44, a price-to-earnings-growth 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, topping 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 prior year, the firm earned $4.17 earnings per share. As a group, research analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a dividend of $1.00 per share. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.16%. Carlisle Companies’s dividend payout ratio is currently 14.48%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Oppenheimer reissued an “outperform” rating and issued a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Loop Capital reduced their price target on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research note on Friday, January 10th. Finally, The Goldman Sachs Group reduced their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $476.00.

Insider Buying and Selling

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 shares were 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. The trade was a 28.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 transaction of $52,579.50. Following the sale, the vice president now owns 815 shares of the company’s stock, 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.

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.