Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Sepio Capital LP

Sepio Capital LP cut its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 7.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 6,582 shares of the conglomerate’s stock after selling 500 shares during the period. Sepio Capital LP’s holdings in Carlisle Companies were worth $2,428,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of CSL. Mirabaud Asset Management Ltd boosted its position in Carlisle Companies by 16.4% during the fourth quarter. Mirabaud Asset Management Ltd now owns 11,464 shares of the conglomerate’s stock worth $4,226,000 after purchasing an additional 1,613 shares in the last quarter. Aviva PLC raised its stake in shares of Carlisle Companies by 15.4% during the 4th quarter. Aviva PLC now owns 153,479 shares of the conglomerate’s stock worth $56,609,000 after buying an additional 20,520 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of Carlisle Companies during the 4th quarter valued at approximately $1,472,000. KCM Investment Advisors LLC grew its stake in Carlisle Companies by 2.5% in the 4th quarter. KCM Investment Advisors LLC now owns 14,962 shares of the conglomerate’s stock valued at $5,519,000 after acquiring an additional 361 shares during the period. Finally, Resona Asset Management Co. Ltd. purchased a new stake in Carlisle Companies in the 4th quarter worth $4,935,000. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Carlisle Companies Stock Down 0.1 %

Shares of NYSE CSL opened at $326.87 on Friday. The stock has a market cap of $14.43 billion, a PE ratio of 11.83, a P/E/G ratio of 1.03 and a beta of 0.94. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. Carlisle Companies Incorporated has a 12-month low of $312.60 and a 12-month high of $481.26. The company has a 50-day moving average of $348.76 and a 200 day moving average of $398.95.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, beating 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 period last year, the firm earned $4.17 earnings per share. As a group, sell-side analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Investors 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 1.22%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio is currently 14.48%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Oppenheimer reiterated an “outperform” rating and issued a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Loop Capital lowered 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 investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $476.00.

Insider Buying and Selling

In other news, VP Mehul Patel sold 150 shares of the stock in a transaction on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the completion of the transaction, the vice president now directly owns 815 shares in the company, valued at approximately $285,681.95. This represents a 15.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $349.24, for a total value of $366,702.00. Following the sale, the director now directly owns 2,665 shares of the company’s stock, valued at $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. 1.50% of the stock is owned by company insiders.

Carlisle Companies Company 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.