MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Purchases 18,502 Shares of Carlisle Companies Incorporated (NYSE:CSL)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 5.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 335,679 shares of the conglomerate's stock after buying an additional 18,502 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.74% of Carlisle Companies worth $123,812,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Jefferies Financial Group Inc. bought a new stake in shares of Carlisle Companies in the fourth quarter valued at $4,163,000. Focus Partners Wealth grew its position in shares of Carlisle Companies by 133.3% in the fourth quarter. Focus Partners Wealth now owns 1,346 shares of the conglomerate's stock valued at $502,000 after purchasing an additional 769 shares in the last quarter. FORA Capital LLC purchased a new position in shares of Carlisle Companies in the fourth quarter valued at $2,918,000. Deutsche Bank AG grew its position in shares of Carlisle Companies by 10.1% in the fourth quarter. Deutsche Bank AG now owns 165,631 shares of the conglomerate's stock valued at $61,091,000 after purchasing an additional 15,219 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of Carlisle Companies in the fourth quarter valued at $18,843,000. 89.52% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently commented on CSL. Robert W. Baird boosted their target price on 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 upgraded Carlisle Companies from an "underperform" rating to a "neutral" rating in a research report on Monday, April 14th. StockNews.com upgraded Carlisle Companies from a "sell" rating to a "hold" rating in a research report on Tuesday, May 6th. The Goldman Sachs Group reduced their target price on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. Finally, Truist Financial dropped their price target on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a research note on Thursday, April 24th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Carlisle Companies currently has an average rating of "Moderate Buy" and an average target price of $454.00.

Carlisle Companies Trading Down 0.2%

NYSE CSL opened at $390.52 on Monday. Carlisle Companies Incorporated has a 1-year low of $311.41 and a 1-year high of $481.26. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. The stock has a 50-day moving average of $351.12 and a 200-day moving average of $381.27. The firm has a market cap of $16.89 billion, a PE ratio of 14.13, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share for the quarter, beating analysts' consensus estimates of $3.53 by $0.08. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the company posted $3.72 EPS. Carlisle Companies's revenue for the quarter was down .1% on a year-over-year basis. As a group, sell-side 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. Shareholders of record on Monday, May 19th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend is Monday, May 19th. Carlisle Companies's payout ratio is 14.89%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.