Carlisle Companies Incorporated (NYSE:CSL) Stake Trimmed by Curi RMB Capital LLC

Curi RMB Capital LLC lessened its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 12.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,132 shares of the conglomerate's stock after selling 1,419 shares during the quarter. Curi RMB Capital LLC's holdings in Carlisle Companies were worth $3,737,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. First Trust Advisors LP grew its stake in shares of Carlisle Companies by 16.4% during the fourth quarter. First Trust Advisors LP now owns 111,436 shares of the conglomerate's stock valued at $41,102,000 after acquiring an additional 15,709 shares in the last quarter. Epoch Investment Partners Inc. boosted its stake in shares of Carlisle Companies by 2.5% during the 4th quarter. Epoch Investment Partners Inc. now owns 169,344 shares of the conglomerate's stock valued at $62,461,000 after buying an additional 4,167 shares during the last quarter. GeoWealth Management LLC grew its position in shares of Carlisle Companies by 25.0% during the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock worth $53,000 after buying an additional 29 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its stake in shares of Carlisle Companies by 8.0% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 87,112 shares of the conglomerate's stock worth $32,099,000 after buying an additional 6,434 shares during the last quarter. Finally, Farringdon Capital Ltd. acquired a new stake in Carlisle Companies in the fourth quarter valued at $218,000. Institutional investors and hedge funds own 89.52% of the company's stock.

Analysts Set New Price Targets

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

Insider Activity at Carlisle Companies

In other news, VP Mehul Patel sold 150 shares of the business's stock in a transaction 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 sale, the vice president now owns 815 shares of the company's stock, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jonathan R. Collins sold 1,050 shares of the firm's stock in a transaction dated 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 $930,724.60. This represents a 28.26 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company's stock.

Carlisle Companies Stock Performance

Shares of CSL stock traded down $4.33 during trading hours on Friday, reaching $377.07. The stock had a trading volume of 217,716 shares, compared to its average volume of 392,957. The firm has a market capitalization of $16.65 billion, a PE ratio of 13.63, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94. The firm has a 50-day simple moving average of $341.34 and a 200-day simple moving average of $388.74. Carlisle Companies Incorporated has a twelve month low of $311.41 and a twelve month high of $481.26. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, beating the consensus estimate of $3.53 by $0.08. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.09 billion. As a group, equities analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.06%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies's dividend payout ratio (DPR) is presently 14.89%.

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.