Mn Services Vermogensbeheer B.V. Has $7.31 Million Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Mn Services Vermogensbeheer B.V. reduced its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 3.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,400 shares of the conglomerate’s stock after selling 900 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Carlisle Companies were worth $7,311,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Citigroup Inc. increased its stake in shares of Carlisle Companies by 48.1% during the 1st quarter. Citigroup Inc. now owns 20,327 shares of the conglomerate’s stock worth $4,998,000 after purchasing an additional 6,603 shares during the last quarter. Great West Life Assurance Co. Can lifted its position in shares of Carlisle Companies by 0.6% in the first quarter. Great West Life Assurance Co. Can now owns 29,831 shares of the conglomerate’s stock valued at $7,549,000 after buying an additional 176 shares during the last quarter. Raymond James Trust N.A. raised its stake in Carlisle Companies by 3.5% in the 1st quarter. Raymond James Trust N.A. now owns 2,160 shares of the conglomerate’s stock valued at $531,000 after acquiring an additional 73 shares during the period. Synovus Financial Corp lifted its holdings in Carlisle Companies by 7.9% during the 1st quarter. Synovus Financial Corp now owns 4,958 shares of the conglomerate’s stock valued at $1,206,000 after purchasing an additional 363 shares during the last quarter. Finally, Sei Investments Co. boosted its position in Carlisle Companies by 23.6% during the first quarter. Sei Investments Co. now owns 53,110 shares of the conglomerate’s stock worth $13,028,000 after purchasing an additional 10,150 shares during the period. 89.52% of the stock is owned by institutional investors.

Carlisle Companies Trading Down 0.0 %

CSL opened at $373.12 on Tuesday. The company has a market cap of $17.84 billion, a P/E ratio of 24.48, a PEG ratio of 1.33 and a beta of 0.93. The company has a current ratio of 2.87, a quick ratio of 2.57 and a debt-to-equity ratio of 0.67. The company’s 50 day moving average is $365.69 and its 200-day moving average is $313.48. Carlisle Companies Incorporated has a 1-year low of $205.10 and a 1-year high of $403.44.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Tuesday, February 6th. The conglomerate reported $4.17 earnings per share for the quarter, beating analysts’ consensus estimates of $3.47 by $0.70. Carlisle Companies had a net margin of 15.07% and a return on equity of 28.31%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the business posted $3.92 earnings per share. The company’s quarterly revenue was down 1.9% on a year-over-year basis. Equities research analysts predict that Carlisle Companies Incorporated will post 18.7 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend was Thursday, February 15th. Carlisle Companies’s dividend payout ratio (DPR) is currently 22.31%.

Insider Activity

In other Carlisle Companies news, VP David W. Smith sold 700 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $338.54, for a total value of $236,978.00. Following the completion of the transaction, the vice president now directly owns 2,834 shares in the company, valued at approximately $959,422.36. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, CEO D Christian Koch sold 6,454 shares of Carlisle Companies stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $347.53, for a total value of $2,242,958.62. Following the completion of the transaction, the chief executive officer now owns 86,652 shares in the company, valued at $30,114,169.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP David W. Smith sold 700 shares of the business’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $338.54, for a total value of $236,978.00. Following the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at approximately $959,422.36. The disclosure for this sale can be found here. Insiders sold 15,255 shares of company stock valued at $5,231,360 over the last quarter. 1.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Loop Capital lifted their price target on Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Oppenheimer raised their price target on shares of Carlisle Companies from $355.00 to $405.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 20th. StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. The Goldman Sachs Group began coverage on Carlisle Companies in a research note on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 price target for the company. Finally, Robert W. Baird upped their target price on Carlisle Companies from $400.00 to $435.00 and gave the company an “outperform” rating in a research report on Tuesday, April 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $389.17.

Carlisle Companies 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.