Carlisle Companies Incorporated (NYSE:CSL) Holdings Lowered by Man Group plc

Man Group plc decreased its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 12.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 56,871 shares of the conglomerate's stock after selling 8,087 shares during the period. Man Group plc owned 0.13% of Carlisle Companies worth $20,976,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. TD Private Client Wealth LLC increased its holdings 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 worth $25,000 after purchasing an additional 57 shares in the last quarter. GeoWealth Management LLC lifted its position in shares of Carlisle Companies by 25.0% in the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock valued at $53,000 after acquiring an additional 29 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Carlisle Companies by 95.1% during the fourth 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 last quarter. UMB Bank n.a. increased its stake in Carlisle Companies by 55.4% in the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock worth $69,000 after acquiring an additional 67 shares during the last quarter. Finally, Quarry LP grew its stake 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 buying an additional 53 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Carlisle Companies Price Performance

Shares of CSL stock traded down $14.29 during midday trading on Wednesday, reaching $389.05. 307,443 shares of the company traded hands, compared to its average volume of 393,443. Carlisle Companies Incorporated has a 1-year low of $311.41 and a 1-year high of $481.26. The firm has a market cap of $16.83 billion, a PE ratio of 14.08, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07. The firm's 50 day simple moving average is $360.87 and its two-hundred day simple moving average is $380.68. 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 issued its quarterly earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the previous year, the firm posted $3.72 earnings per share. The company's quarterly revenue was down .1% compared to the same quarter last year. On average, equities research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.03%. The ex-dividend date is Monday, May 19th. Carlisle Companies's dividend payout ratio (DPR) is presently 14.89%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on CSL shares. StockNews.com raised shares of Carlisle Companies from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. Robert W. Baird increased 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. Finally, Truist Financial dropped their target price on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a research report on Thursday, April 24th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $454.00.

About Carlisle Companies

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.