Mitsubishi UFJ Trust & Banking Corp Sells 39,082 Shares of Carlisle Companies Incorporated $CSL

Key Points

• Mitsubishi UFJ Trust & Banking Corp sold 39,082 shares of Carlisle, reducing its holding by 55.9% to 30,872 shares (about 0.07% ownership) worth roughly $9.88 million; institutional investors now own about 89.52% of the stock.
• Carlisle beat EPS expectations ($3.63 vs. $3.31) while reporting a 4.0% year‑over‑year revenue decline to $1.05 billion, with strong profitability metrics (net margin 14.57%, ROE 43.78%) and analysts projecting roughly 21.13 EPS for the year.
• Insiders have sold 68,289 shares (~$28.1 million) in the past 90 days, including CEO sales, and analysts are mixed with a consensus "Hold" rating and an average target price of $405 versus the recent share price near $356.62.

Mitsubishi UFJ Trust & Banking Corp lessened its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 55.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,872 shares of the conglomerate's stock after selling 39,082 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.07% of Carlisle Companies worth $9,875,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in CSL. Bank of New York Mellon Corp increased its holdings in Carlisle Companies by 113.9% during the third quarter. Bank of New York Mellon Corp now owns 1,049,039 shares of the conglomerate's stock worth $345,092,000 after buying an additional 558,710 shares during the last quarter. Barclays PLC increased its holdings in Carlisle Companies by 947.3% during the third quarter. Barclays PLC now owns 499,341 shares of the conglomerate's stock worth $164,263,000 after buying an additional 451,662 shares during the last quarter. Sands Capital Management LLC increased its holdings in Carlisle Companies by 99.2% during the third quarter. Sands Capital Management LLC now owns 849,501 shares of the conglomerate's stock worth $279,452,000 after buying an additional 423,141 shares during the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in Carlisle Companies during the fourth quarter worth $76,626,000. Finally, Captrust Financial Advisors increased its holdings in Carlisle Companies by 126.7% during the third quarter. Captrust Financial Advisors now owns 296,937 shares of the conglomerate's stock worth $97,680,000 after buying an additional 165,949 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Price Performance

NYSE:CSL opened at $356.62 on Friday. Carlisle Companies Incorporated has a one year low of $293.43 and a one year high of $435.92. The company has a market cap of $14.43 billion, a P/E ratio of 20.97, a P/E/G ratio of 1.12 and a beta of 0.88. The firm's fifty day moving average price is $355.16 and its two-hundred day moving average price is $345.56. The company has a debt-to-equity ratio of 1.74, a current ratio of 3.38 and a quick ratio of 2.49.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $3.63 EPS for the quarter, beating the consensus estimate of $3.31 by $0.32. Carlisle Companies had a net margin of 14.57% and a return on equity of 43.78%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the previous year, the company earned $3.61 earnings per share. The company's quarterly revenue was down 4.0% on a year-over-year basis. Equities analysts expect that Carlisle Companies Incorporated will post 21.13 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 18th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, May 18th. Carlisle Companies's payout ratio is currently 25.87%.

Insider Activity at Carlisle Companies

In related news, insider Stephen Schwar sold 6,049 shares of the company's stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $417.36, for a total value of $2,524,610.64. Following the transaction, the insider directly owned 8,540 shares in the company, valued at approximately $3,564,254.40. This represents a 41.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO D Christian Koch sold 36,260 shares of the company's stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $413.38, for a total transaction of $14,989,158.80. Following the completion of the transaction, the chief executive officer owned 113,238 shares in the company, valued at $46,810,324.44. This trade represents a 24.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 68,289 shares of company stock valued at $28,125,467 in the last ninety days. Company insiders own 1.30% of the company's stock.

Analyst Ratings Changes

CSL has been the topic of a number of recent analyst reports. Truist Financial boosted their target price on shares of Carlisle Companies from $340.00 to $360.00 and gave the stock a "hold" rating in a report on Friday, April 24th. Weiss Ratings restated a "hold (c)" rating on shares of Carlisle Companies in a report on Friday, March 27th. Oppenheimer boosted their target price on shares of Carlisle Companies from $420.00 to $425.00 and gave the stock an "outperform" rating in a report on Friday, April 24th. Raymond James Financial initiated coverage on shares of Carlisle Companies in a report on Monday. They set an "outperform" rating and a $425.00 target price on the stock. Finally, Robert W. Baird boosted their target price on shares of Carlisle Companies from $402.00 to $425.00 and gave the stock an "outperform" rating in a report on Friday, April 24th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, Carlisle Companies has a consensus rating of "Hold" and an average target price of $405.00.

About Carlisle Companies

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company's operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.

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