Achmea Investment Management B.V. Decreases Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Achmea Investment Management B.V. reduced its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 7.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 33,119 shares of the conglomerate's stock after selling 2,704 shares during the period. Achmea Investment Management B.V. owned 0.08% of Carlisle Companies worth $11,277,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. TD Private Client Wealth LLC raised its position in shares of Carlisle Companies by 475.0% during the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock valued at $25,000 after acquiring an additional 57 shares during the last quarter. CX Institutional bought a new position in Carlisle Companies during the first quarter worth about $49,000. GeoWealth Management LLC boosted its holdings in 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 during the last quarter. Farther Finance Advisors LLC grew its position in shares of Carlisle Companies by 95.1% during the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after buying an additional 78 shares during the period. Finally, Quarry LP increased its stake in shares of Carlisle Companies by 39.8% in the 4th quarter. Quarry LP now owns 186 shares of the conglomerate's stock valued at $69,000 after acquiring an additional 53 shares during the last quarter. Institutional investors own 89.52% of the company's stock.

Carlisle Companies Price Performance

Shares of NYSE CSL traded up $16.36 during mid-day trading on Tuesday, hitting $389.76. 516,527 shares of the stock traded hands, compared to its average volume of 394,205. The company has a market cap of $16.86 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 1.12 and a beta of 1.06. 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 0.87, a current ratio of 2.58 and a quick ratio of 1.69. The firm has a 50 day simple moving average of $379.89 and a two-hundred day simple moving average of $366.21.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.53 by $0.08. Carlisle Companies had a net margin of 25.24% and a return on equity of 35.93%. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.09 billion. During the same period in the prior year, the company posted $3.72 EPS. The company's revenue was down .1% on a year-over-year basis. As a group, equities research analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 19th were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.03%. The ex-dividend date was Monday, May 19th. Carlisle Companies's dividend payout ratio (DPR) is presently 14.89%.

Wall Street Analysts Forecast Growth

CSL has been the subject of a number of analyst reports. JPMorgan Chase & Co. assumed coverage on shares of Carlisle Companies in a report on Tuesday, June 24th. They set an "overweight" rating and a $500.00 price objective for the company. Truist Financial lowered their price target on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a report on Thursday, April 24th. Robert W. Baird raised their price target on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a research report on Thursday, April 24th. Wall Street Zen upgraded Carlisle Companies from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Finally, Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Carlisle Companies presently has a consensus rating of "Moderate Buy" and a consensus target price of $461.67.

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.