Aristotle Capital Boston LLC Has $9.98 Million Stake in Carlisle Companies Incorporated (NYSE:CSL)

Aristotle Capital Boston LLC lessened its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 10.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,047 shares of the conglomerate's stock after selling 3,135 shares during the quarter. Aristotle Capital Boston LLC owned 0.06% of Carlisle Companies worth $9,976,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC grew its position in shares of Carlisle Companies by 31.3% in the 3rd quarter. Barclays PLC now owns 60,920 shares of the conglomerate's stock valued at $27,399,000 after purchasing an additional 14,526 shares during the period. Wilmington Savings Fund Society FSB lifted its stake in Carlisle Companies by 0.8% in the third quarter. Wilmington Savings Fund Society FSB now owns 7,028 shares of the conglomerate's stock valued at $3,161,000 after buying an additional 59 shares in the last quarter. Tidal Investments LLC boosted its holdings in shares of Carlisle Companies by 23.9% in the third quarter. Tidal Investments LLC now owns 7,137 shares of the conglomerate's stock valued at $3,210,000 after buying an additional 1,379 shares during the period. Franklin Resources Inc. increased its position in shares of Carlisle Companies by 1.4% during the third quarter. Franklin Resources Inc. now owns 1,177,014 shares of the conglomerate's stock worth $566,061,000 after acquiring an additional 16,303 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in Carlisle Companies by 3.0% in the 4th quarter. GAMMA Investing LLC now owns 1,325 shares of the conglomerate's stock valued at $489,000 after acquiring an additional 38 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on CSL shares. Truist Financial dropped their price target on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a research note on Thursday, April 24th. The Goldman Sachs Group cut their target price on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. Robert W. Baird raised their target price on shares of Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. Finally, Loop Capital cut their price target on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research report on Friday, January 10th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $454.00.

Carlisle Companies Stock Performance

NYSE:CSL traded up $1.72 on Tuesday, hitting $386.77. The company's stock had a trading volume of 428,356 shares, compared to its average volume of 391,932. Carlisle Companies Incorporated has a one year low of $311.41 and a one year high of $481.26. The stock has a fifty day moving average of $346.74 and a two-hundred day moving average of $383.33. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $16.73 billion, a P/E ratio of 14.00, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share for the quarter, beating the consensus estimate of $3.53 by $0.08. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. The company's revenue was down .1% on a year-over-year basis. During the same period in the prior year, the firm earned $3.72 earnings per share. Research analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 19th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date is Monday, May 19th. Carlisle Companies's dividend payout ratio is presently 14.89%.

Insider Transactions at Carlisle Companies

In related news, VP Mehul Patel sold 150 shares of the firm's stock in a transaction dated Saturday, February 8th. The shares were sold at an average price of $350.53, for a total transaction of $52,579.50. Following the transaction, the vice president now directly owns 815 shares of the company's stock, valued at approximately $285,681.95. This trade represents a 15.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jonathan R. Collins sold 1,050 shares of the business's 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 directly owns 2,665 shares of the company's stock, valued at $930,724.60. This represents a 28.26 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company's stock.

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.