Nuveen Asset Management LLC Sells 9,499 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Nuveen Asset Management LLC lowered its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 6.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,209 shares of the conglomerate's stock after selling 9,499 shares during the quarter. Nuveen Asset Management LLC owned about 0.28% of Carlisle Companies worth $47,289,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. TD Private Client Wealth LLC lifted its stake in Carlisle Companies by 475.0% in the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after purchasing an additional 57 shares in the last quarter. GeoWealth Management LLC grew its stake in 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 in the last quarter. Farther Finance Advisors LLC grew its stake in 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 in the last quarter. UMB Bank n.a. boosted its stake in shares of Carlisle Companies by 55.4% during the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock valued at $69,000 after purchasing an additional 67 shares in the last quarter. Finally, Quarry LP boosted 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 valued at $69,000 after purchasing an additional 53 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

Carlisle Companies Stock Down 0.7%

CSL stock opened at $405.75 on Tuesday. The firm has a market cap of $17.55 billion, a PE ratio of 14.69, a P/E/G ratio of 1.03 and a beta of 1.07. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The firm's fifty day moving average is $359.34 and its 200 day moving average is $380.52. Carlisle Companies Incorporated has a one year low of $311.41 and a one year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its 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 26.22% and a return on equity of 34.37%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the business earned $3.72 earnings per share. The company's revenue for the quarter was down .1% compared to the same quarter last year. On average, research analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The firm 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 $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Monday, May 19th. Carlisle Companies's dividend payout ratio is currently 14.89%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. StockNews.com raised shares of Carlisle Companies from a "sell" rating to a "hold" rating in a report on Friday. Robert W. Baird raised their target price on shares of Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a report on Thursday, April 24th. Finally, Truist Financial reduced their target price on shares of Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a report on Thursday, April 24th. Three investment 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 company currently has an average rating of "Moderate Buy" and an average price target 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.

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