Public Employees Retirement System of Ohio Raises Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Public Employees Retirement System of Ohio lifted its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 26.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,038 shares of the conglomerate's stock after acquiring an additional 4,601 shares during the quarter. Public Employees Retirement System of Ohio's holdings in Carlisle Companies were worth $8,128,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. TD Private Client Wealth LLC grew its stake in shares of Carlisle Companies by 475.0% in the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock valued at $25,000 after buying an additional 57 shares in the last quarter. 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 valued at $53,000 after purchasing an additional 29 shares in the last quarter. Farther Finance Advisors LLC boosted 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 valued at $59,000 after purchasing an additional 78 shares in the last quarter. Quarry LP boosted its holdings in shares of Carlisle Companies by 39.8% in the 4th quarter. Quarry LP now owns 186 shares of the conglomerate's stock worth $69,000 after acquiring an additional 53 shares in the last quarter. Finally, Generali Asset Management SPA SGR bought a new stake in shares of Carlisle Companies during the fourth quarter worth $93,000. Hedge funds and other institutional investors own 89.52% of the company's stock.

Carlisle Companies Stock Down 2.6%

CSL stock traded down $10.45 during trading on Wednesday, reaching $388.48. 255,144 shares of the stock were exchanged, compared to its average volume of 393,872. The firm has a market cap of $16.80 billion, a P/E ratio of 14.06, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07. The firm's 50 day moving average is $366.80 and its 200 day moving average is $378.95. 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 twelve month low of $311.41 and a twelve month high of $481.26.

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, topping the consensus estimate of $3.53 by $0.08. The firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.09 billion. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. The company's quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the firm earned $3.72 EPS. As a group, research 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. Shareholders of record on Monday, May 19th will be given a dividend of $1.00 per share. The ex-dividend date is Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a yield of 1.03%. Carlisle Companies's payout ratio is 14.89%.

Analyst Ratings Changes

CSL has been the subject of several research reports. Robert W. Baird lifted their target price on Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a research note on Thursday, April 24th. Wall Street Zen upgraded Carlisle Companies from a "sell" rating to a "hold" rating in a report on Friday, May 16th. Truist Financial cut their price objective on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a report on Thursday, April 24th. Finally, Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. Three 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 presently 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.