Carlisle Companies Incorporated (NYSE:CSL) Holdings Cut by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 10.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 721,005 shares of the conglomerate's stock after selling 87,080 shares during the period. Dimensional Fund Advisors LP owned about 1.48% of Carlisle Companies worth $225,271,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of CSL. Pacer Advisors Inc. boosted its position in shares of Carlisle Companies by 5,351.1% in the 4th quarter. Pacer Advisors Inc. now owns 421,422 shares of the conglomerate's stock valued at $131,665,000 after purchasing an additional 413,691 shares during the period. Morgan Stanley boosted its holdings in shares of Carlisle Companies by 3.6% in the third quarter. Morgan Stanley now owns 2,578,221 shares of the conglomerate's stock valued at $668,430,000 after acquiring an additional 90,597 shares during the period. Adage Capital Partners GP L.L.C. grew its position in shares of Carlisle Companies by 4,974.6% during the third quarter. Adage Capital Partners GP L.L.C. now owns 85,000 shares of the conglomerate's stock worth $22,037,000 after acquiring an additional 83,325 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Carlisle Companies by 36.9% in the 3rd quarter. Invesco Ltd. now owns 269,752 shares of the conglomerate's stock valued at $69,936,000 after acquiring an additional 72,741 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in Carlisle Companies by 63.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 163,647 shares of the conglomerate's stock valued at $42,427,000 after purchasing an additional 63,260 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company's stock.

Carlisle Companies Stock Performance

NYSE CSL traded up $2.95 on Wednesday, hitting $421.87. 283,664 shares of the company's stock were exchanged, compared to its average volume of 288,334. The firm has a market cap of $20.08 billion, a price-to-earnings ratio of 24.28, a P/E/G ratio of 1.42 and a beta of 0.90. The firm's 50-day moving average price is $384.95 and its two-hundred day moving average price is $333.94. Carlisle Companies Incorporated has a fifty-two week low of $205.10 and a fifty-two week high of $426.67. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.95 and a quick ratio of 2.61.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings data on Thursday, April 25th. The conglomerate reported $3.72 earnings per share for the quarter, topping analysts' consensus estimates of $2.74 by $0.98. Carlisle Companies had a return on equity of 30.41% and a net margin of 17.13%. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $993.06 million. On average, research analysts expect that Carlisle Companies Incorporated will post 19.51 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Monday, May 20th will be paid a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 0.81%. The ex-dividend date of this dividend is Friday, May 17th. Carlisle Companies's dividend payout ratio (DPR) is 19.71%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on CSL shares. Loop Capital raised their price objective on shares of Carlisle Companies from $375.00 to $440.00 and gave the stock a "buy" rating in a research report on Monday, April 1st. Robert W. Baird boosted their price target on Carlisle Companies from $435.00 to $465.00 and gave the company an "outperform" rating in a research report on Friday, April 26th. The Goldman Sachs Group began 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. Oppenheimer boosted their target price on Carlisle Companies from $412.00 to $430.00 and gave the company an "outperform" rating in a report on Friday, April 26th. Finally, StockNews.com upgraded Carlisle Companies from a "hold" rating to a "buy" rating in a research note on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $416.00.

Insider Buying and Selling

In other Carlisle Companies news, CEO D Christian Koch sold 6,454 shares of the stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $347.53, for a total value of $2,242,958.62. Following the completion of the transaction, the chief executive officer now directly owns 86,652 shares of the company's stock, valued at $30,114,169.56. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, CEO D Christian Koch sold 6,454 shares of the firm's stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $347.53, for a total value of $2,242,958.62. Following the completion of the transaction, the chief executive officer now directly owns 86,652 shares of the company's stock, valued at approximately $30,114,169.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David W. Smith sold 2,037 shares of Carlisle Companies stock in a transaction on Monday, May 6th. The stock was sold at an average price of $405.58, for a total value of $826,166.46. Following the transaction, the vice president now directly owns 2,834 shares of the company's stock, valued at $1,149,413.72. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,586 shares of company stock valued at $3,504,388. Corporate insiders own 1.50% of the company's stock.

Carlisle Companies 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.