5,998 Shares in Carlisle Companies Incorporated (NYSE:CSL) Bought by Nomura Holdings Inc.

Nomura Holdings Inc. acquired a new stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,998 shares of the conglomerate's stock, valued at approximately $2,212,000.

Other hedge funds have also added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Carlisle Companies during the 4th quarter valued at $208,095,000. Wells Fargo & Company MN raised its position in Carlisle Companies by 692.1% in the fourth quarter. Wells Fargo & Company MN now owns 616,873 shares of the conglomerate's stock worth $227,527,000 after acquiring an additional 538,990 shares during the period. Madison Investment Advisors LLC bought a new position in shares of Carlisle Companies in the fourth quarter worth $148,208,000. Inlight Wealth Management LLC bought a new position in shares of Carlisle Companies in the fourth quarter valued at approximately $118,038,000. Finally, TOMS Capital Investment Management LP bought a new position in shares of Carlisle Companies in the fourth quarter worth approximately $54,219,000. 89.52% of the stock is owned by institutional investors and hedge funds.

Carlisle Companies Stock Down 0.7%

Shares of NYSE CSL traded down $2.73 during mid-day trading on Tuesday, reaching $403.25. The company had a trading volume of 255,381 shares, compared to its average volume of 393,770. 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 stock has a market capitalization of $17.44 billion, a PE ratio of 14.59, a price-to-earnings-growth ratio of 1.03 and a beta of 1.07. The stock's 50 day moving average is $359.34 and its 200-day moving average is $380.52. 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 released its earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share 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 during the quarter, compared to analysts' expectations of $1.09 billion. During the same quarter last year, the company earned $3.72 earnings per share. The firm's revenue was down .1% on a year-over-year basis. As a group, equities analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Monday, May 19th. Carlisle Companies's payout ratio is 14.89%.

Analysts Set New Price Targets

CSL has been the topic of several research reports. StockNews.com raised Carlisle Companies from a "sell" rating to a "hold" rating in a research report on Friday. Robert W. Baird lifted their price target on Carlisle Companies from $455.00 to $460.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. 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 report on Thursday, April 24th. Finally, Zelman & Associates raised Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average 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.