Triodos Investment Management BV Invests $19.03 Million in Carlisle Companies Incorporated (NYSE:CSL)

Triodos Investment Management BV acquired a new stake in shares of Carlisle Companies Incorporated (NYSE:CSL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 51,600 shares of the conglomerate’s stock, valued at approximately $19,032,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CSL. Norges Bank acquired a new position in Carlisle Companies in the 4th quarter valued at approximately $208,095,000. Madison Investment Advisors LLC bought a new stake in Carlisle Companies in the fourth quarter worth approximately $148,208,000. FMR LLC lifted its stake in Carlisle Companies by 29.6% in the third quarter. FMR LLC now owns 955,289 shares of the conglomerate’s stock valued at $429,641,000 after buying an additional 218,002 shares during the period. Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of Carlisle Companies by 6,405.8% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate’s stock worth $80,757,000 after buying an additional 176,799 shares in the last quarter. Finally, AustralianSuper Pty Ltd grew its holdings in Carlisle Companies by 732.1% in the fourth quarter. AustralianSuper Pty Ltd now owns 142,856 shares of the conglomerate’s stock worth $52,691,000 after purchasing an additional 125,687 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Stock Performance

Carlisle Companies stock opened at $349.88 on Friday. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. Carlisle Companies Incorporated has a twelve month low of $321.93 and a twelve month high of $481.26. The firm has a fifty day simple moving average of $356.59 and a two-hundred day simple moving average of $401.85. The company has a market capitalization of $15.45 billion, a PE ratio of 12.66, a P/E/G ratio of 1.03 and a beta of 0.99.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating the consensus estimate 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 firm earned $4.17 EPS. Research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.14%. Carlisle Companies’s payout ratio is 14.48%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. The Goldman Sachs Group cut their price target on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Loop Capital decreased their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a research report on Friday, January 10th. Finally, Oppenheimer restated an “outperform” rating and issued a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Two 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 an average target price of $476.00.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of the company’s stock in a transaction that occurred on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total value of $52,579.50. Following the completion of the transaction, the vice president now directly owns 815 shares in the company, valued at $285,681.95. This represents a 15.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Jonathan R. Collins sold 1,050 shares of the stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $349.24, for a total value of $366,702.00. Following the transaction, the director now directly owns 2,665 shares of the company’s stock, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

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.