Natixis Advisors LLC Purchases 466 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Natixis Advisors LLC increased its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 0.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 136,330 shares of the conglomerate’s stock after buying an additional 466 shares during the period. Natixis Advisors LLC’s holdings in Carlisle Companies were worth $50,284,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Franklin Resources Inc. boosted its holdings in Carlisle Companies by 1.4% in the 3rd quarter. Franklin Resources Inc. now owns 1,177,014 shares of the conglomerate’s stock valued at $566,061,000 after purchasing an additional 16,303 shares during the period. FMR LLC boosted its holdings in Carlisle Companies by 29.6% in the 3rd quarter. FMR LLC now owns 955,289 shares of the conglomerate’s stock valued at $429,641,000 after purchasing an additional 218,002 shares during the period. Geode Capital Management LLC boosted its holdings in Carlisle Companies by 13.3% in the 3rd quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock valued at $391,827,000 after purchasing an additional 102,436 shares during the period. Madison Investment Advisors LLC bought a new stake in Carlisle Companies in the 4th quarter valued at $148,208,000. Finally, Truist Financial Corp boosted its holdings in Carlisle Companies by 3.9% in the 4th quarter. Truist Financial Corp now owns 362,695 shares of the conglomerate’s stock valued at $133,776,000 after purchasing an additional 13,505 shares during the period. 89.52% of the stock is owned by institutional investors.

Carlisle Companies Price Performance

NYSE:CSL opened at $335.95 on Monday. The company has a 50-day moving average of $362.29 and a 200-day moving average of $405.88. The company has a market capitalization of $14.97 billion, a price-to-earnings ratio of 12.16, a PEG 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. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89.

Carlisle Companies (NYSE:CSL) last announced its 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 net margin of 26.22% and a return on equity of 34.37%. During the same quarter in the previous year, the company posted $4.17 earnings per share. As a group, equities research analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio (DPR) is currently 14.48%.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In related news, Director Jonathan R. Collins sold 1,050 shares of the stock in a transaction dated 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. This trade represents a 28.26 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Mehul Patel sold 150 shares of the stock in a transaction dated Saturday, February 8th. The stock was 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 $285,681.95. This trade represents a 15.54 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

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.