Carlisle Companies Incorporated (NYSE:CSL) Holdings Decreased by Gotham Asset Management LLC

Gotham Asset Management LLC decreased its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 14.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,979 shares of the conglomerate's stock after selling 2,798 shares during the quarter. Gotham Asset Management LLC's holdings in Carlisle Companies were worth $5,894,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Invesco Ltd. grew its position in shares of Carlisle Companies by 2.2% during the fourth quarter. Invesco Ltd. now owns 1,361,672 shares of the conglomerate's stock worth $502,239,000 after buying an additional 29,799 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Carlisle Companies by 1.5% during the fourth quarter. Franklin Resources Inc. now owns 1,194,220 shares of the conglomerate's stock worth $440,476,000 after buying an additional 17,206 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Carlisle Companies by 3.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,134,954 shares of the conglomerate's stock worth $418,617,000 after buying an additional 34,021 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Carlisle Companies by 692.1% during the fourth quarter. Wells Fargo & Company MN now owns 616,873 shares of the conglomerate's stock worth $227,527,000 after buying an additional 538,990 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Carlisle Companies during the fourth quarter worth approximately $208,095,000. Institutional investors and hedge funds own 89.52% of the company's stock.

Carlisle Companies Stock Performance

CSL traded up $7.85 during trading hours on Friday, hitting $408.73. 318,557 shares of the stock were exchanged, compared to its average volume of 394,251. The stock has a 50-day simple moving average of $357.82 and a 200-day simple moving average of $381.21. Carlisle Companies Incorporated has a 12 month low of $311.41 and a 12 month high of $481.26. The stock has a market cap of $17.68 billion, a price-to-earnings ratio of 14.79, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.53 by $0.08. The company had revenue of $1.10 billion for 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%. The firm's quarterly revenue was down .1% compared to the same quarter last year. During the same period last year, the business posted $3.72 earnings per share. Analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 19th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Monday, May 19th. Carlisle Companies's payout ratio is 14.89%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Robert W. Baird raised their price target on shares of Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a research report on Thursday, April 24th. Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. Truist Financial reduced their price objective on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a research note on Thursday, April 24th. Finally, StockNews.com upgraded Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Friday. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $454.00.

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.