Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Millennium Management LLC

Millennium Management LLC trimmed its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 24.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 89,280 shares of the conglomerate's stock after selling 28,193 shares during the quarter. Millennium Management LLC owned about 0.20% of Carlisle Companies worth $32,930,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of CSL. TD Private Client Wealth LLC lifted its holdings in shares of Carlisle Companies by 475.0% during the fourth quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after purchasing an additional 57 shares during the period. GeoWealth Management LLC lifted its stake in shares of Carlisle Companies by 25.0% in the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock worth $53,000 after acquiring an additional 29 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Carlisle Companies by 95.1% in the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after acquiring an additional 78 shares during the period. UMB Bank n.a. boosted its holdings in shares of Carlisle Companies by 55.4% in the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock valued at $69,000 after acquiring an additional 67 shares in the last quarter. Finally, Quarry LP increased its stake in shares of Carlisle Companies by 39.8% during the fourth quarter. Quarry LP now owns 186 shares of the conglomerate's stock worth $69,000 after acquiring an additional 53 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Carlisle Companies Price Performance

Shares of NYSE:CSL traded up $0.76 during trading on Thursday, hitting $389.76. 299,892 shares of the stock were exchanged, compared to its average volume of 393,615. The company has a fifty day moving average price of $361.94 and a two-hundred day moving average price of $380.73. The company has a market cap of $16.86 billion, a PE ratio of 14.11, a P/E/G ratio of 1.03 and a beta of 1.07. 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 $311.41 and a 12-month high of $481.26.

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 (EPS) for the quarter, topping the consensus estimate of $3.53 by $0.08. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.09 billion. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. Carlisle Companies's revenue was down .1% on a year-over-year basis. During the same period in the previous year, the firm posted $3.72 earnings per share. On average, analysts forecast 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 will be paid on Monday, June 2nd. Stockholders of record on Monday, May 19th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Monday, May 19th. Carlisle Companies's dividend payout ratio (DPR) is presently 14.89%.

Analysts Set New Price Targets

A number of brokerages have weighed in on CSL. Robert W. Baird lifted their price objective on Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. Zelman & Associates upgraded Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. Truist Financial dropped their price objective on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a report on Thursday, April 24th. Finally, Wall Street Zen raised Carlisle Companies from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $454.00.

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.