Impax Asset Management Group plc Has $62.65 Million Stake in Carlisle Companies Incorporated (NYSE:CSL)

Impax Asset Management Group plc trimmed its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 10.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 200,517 shares of the conglomerate's stock after selling 24,587 shares during the period. Impax Asset Management Group plc owned about 0.41% of Carlisle Companies worth $62,648,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CSL. Citigroup Inc. grew its stake in Carlisle Companies by 48.1% in the first quarter. Citigroup Inc. now owns 20,327 shares of the conglomerate's stock valued at $4,998,000 after acquiring an additional 6,603 shares during the period. Great West Life Assurance Co. Can grew its stake in Carlisle Companies by 0.6% in the first quarter. Great West Life Assurance Co. Can now owns 29,831 shares of the conglomerate's stock valued at $7,549,000 after acquiring an additional 176 shares during the period. Raymond James Trust N.A. grew its stake in Carlisle Companies by 3.5% in the first quarter. Raymond James Trust N.A. now owns 2,160 shares of the conglomerate's stock valued at $531,000 after acquiring an additional 73 shares during the period. Synovus Financial Corp grew its stake in Carlisle Companies by 7.9% in the first quarter. Synovus Financial Corp now owns 4,958 shares of the conglomerate's stock valued at $1,206,000 after acquiring an additional 363 shares during the period. Finally, Sei Investments Co. boosted its position in shares of Carlisle Companies by 23.6% during the first quarter. Sei Investments Co. now owns 53,110 shares of the conglomerate's stock worth $13,028,000 after buying an additional 10,150 shares during the period. 89.52% of the stock is owned by institutional investors and hedge funds.

Carlisle Companies Trading Down 2.1 %

NYSE:CSL traded down $8.54 during trading hours on Tuesday, hitting $391.96. 238,511 shares of the company were exchanged, compared to its average volume of 276,877. The stock has a market capitalization of $18.74 billion, a price-to-earnings ratio of 26.28, a price-to-earnings-growth ratio of 1.42 and a beta of 0.93. The company has a current ratio of 2.87, a quick ratio of 2.57 and a debt-to-equity ratio of 0.67. Carlisle Companies Incorporated has a one year low of $205.10 and a one year high of $403.44. The company has a fifty day simple moving average of $359.50 and a 200 day simple moving average of $309.11.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings data on Tuesday, February 6th. The conglomerate reported $4.17 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.70. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.09 billion. Carlisle Companies had a return on equity of 28.31% and a net margin of 15.07%. The business's quarterly revenue was down 1.9% on a year-over-year basis. During the same period last year, the company posted $3.92 EPS. Sell-side analysts expect that Carlisle Companies Incorporated will post 18.7 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were given a $0.85 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.87%. Carlisle Companies's dividend payout ratio (DPR) is presently 22.31%.

Insider Buying and Selling

In related news, VP David W. Smith sold 700 shares of the stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $338.54, for a total value of $236,978.00. Following the transaction, the vice president now owns 2,834 shares of the company's stock, valued at $959,422.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, insider Lori A. Snyder sold 8,101 shares of the firm's stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the transaction, the insider now directly owns 5,212 shares of the company's stock, valued at $1,770,203.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP David W. Smith sold 700 shares of the firm's stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $338.54, for a total value of $236,978.00. Following the transaction, the vice president now directly owns 2,834 shares in the company, valued at $959,422.36. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,255 shares of company stock worth $5,231,360. Corporate insiders own 1.50% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on CSL shares. StockNews.com raised Carlisle Companies from a "hold" rating to a "buy" rating in a research report on Wednesday, February 7th. The Goldman Sachs Group started coverage on Carlisle Companies in a research report on Wednesday, April 3rd. They set a "buy" rating and a $455.00 price objective for the company. Robert W. Baird upped their price objective on Carlisle Companies from $400.00 to $435.00 and gave the stock an "outperform" rating in a research report on Tuesday. Loop Capital upped their price objective on Carlisle Companies from $375.00 to $440.00 and gave the stock a "buy" rating in a research report on Monday, April 1st. Finally, Oppenheimer upped their target price on Carlisle Companies from $355.00 to $405.00 and gave the stock an "outperform" rating in a report on Wednesday, March 20th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, Carlisle Companies presently has an average rating of "Moderate Buy" and a consensus target price of $376.43.

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.

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