Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. trimmed its position in Carlisle Companies Incorporated (NYSE:CSL) by 10.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 149,581 shares of the conglomerate’s stock after selling 17,448 shares during the period. Brown Brothers Harriman & Co.’s holdings in Carlisle Companies were worth $55,171,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Norges Bank purchased a new position in shares of Carlisle Companies in the 4th quarter valued at about $208,095,000. Madison Investment Advisors LLC purchased a new position in Carlisle Companies in the fourth quarter valued at approximately $148,208,000. FMR LLC raised its holdings in Carlisle Companies by 29.6% during the third quarter. FMR LLC now owns 955,289 shares of the conglomerate’s stock worth $429,641,000 after purchasing an additional 218,002 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec raised its holdings in Carlisle Companies by 6,405.8% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate’s stock worth $80,757,000 after purchasing an additional 176,799 shares in the last quarter. Finally, AustralianSuper Pty Ltd lifted its position in shares of Carlisle Companies by 732.1% during the 4th quarter. AustralianSuper Pty Ltd now owns 142,856 shares of the conglomerate’s stock worth $52,691,000 after buying an additional 125,687 shares during the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Carlisle Companies

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 transaction of $366,702.00. Following the transaction, 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 document filed with the SEC, which is accessible through the SEC website. Also, VP Mehul Patel sold 150 shares of the firm’s stock in a transaction that occurred on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total value of $52,579.50. Following the completion of the sale, 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. Company insiders own 1.50% of the company’s stock.

Carlisle Companies Trading Down 1.9 %

Shares of Carlisle Companies stock opened at $342.90 on Friday. 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 company has a market capitalization of $15.14 billion, a P/E ratio of 12.41, a PEG 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’s fifty day moving average is $355.43 and its two-hundred day moving average is $401.49.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) 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 last year, the company earned $4.17 EPS. Analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies’s payout ratio is currently 14.48%.

Wall Street Analysts Forecast Growth

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