Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Boston Partners

Boston Partners lowered its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 32.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 33,736 shares of the conglomerate's stock after selling 16,486 shares during the period. Boston Partners owned 0.07% of Carlisle Companies worth $10,540,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Allworth Financial LP grew its position in shares of Carlisle Companies by 88.9% during the 4th quarter. Allworth Financial LP now owns 85 shares of the conglomerate's stock worth $27,000 after buying an additional 40 shares during the period. Principal Securities Inc. acquired a new stake in Carlisle Companies in the fourth quarter worth $32,000. Tennessee Valley Asset Management Partners bought a new stake in Carlisle Companies in the fourth quarter valued at $40,000. Mendota Financial Group LLC acquired a new position in shares of Carlisle Companies during the fourth quarter valued at about $53,000. Finally, Tobam bought a new position in shares of Carlisle Companies during the 4th quarter worth about $59,000. 89.52% of the stock is owned by institutional investors.

Carlisle Companies Price Performance

CSL traded down $6.03 on Thursday, reaching $415.32. The company had a trading volume of 285,130 shares, compared to its average volume of 288,299. Carlisle Companies Incorporated has a 52-week low of $205.89 and a 52-week high of $426.67. The company has a market cap of $19.77 billion, a price-to-earnings ratio of 24.08, a P/E/G ratio of 1.42 and a beta of 0.90. The company has a debt-to-equity ratio of 0.66, a quick ratio of 2.61 and a current ratio of 2.95. The business has a 50 day simple moving average of $387.17 and a 200 day simple moving average of $335.12.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share for the quarter, beating 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 business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $993.06 million. As a group, sell-side analysts anticipate that Carlisle Companies Incorporated will post 19.51 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Monday, May 20th will be paid a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 0.82%. The ex-dividend date of this dividend is Friday, May 17th. Carlisle Companies's dividend payout ratio is presently 19.71%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CSL. Robert W. Baird upped their target price on Carlisle Companies from $435.00 to $465.00 and gave the company an "outperform" rating in a report on Friday, April 26th. StockNews.com raised Carlisle Companies from a "hold" rating to a "buy" rating in a research report on Wednesday, February 7th. Loop Capital boosted their price target on shares of Carlisle Companies from $375.00 to $440.00 and gave the stock a "buy" rating in a report on Monday, April 1st. Oppenheimer increased their price target on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an "outperform" rating in a research report on Friday, April 26th. Finally, The Goldman Sachs Group began coverage on shares of Carlisle Companies in a research report on Wednesday, April 3rd. They issued a "buy" rating and a $455.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $416.00.

Insider Activity

In related news, VP David W. Smith sold 2,037 shares of Carlisle Companies stock in a transaction on Monday, May 6th. The shares were 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, VP David W. Smith sold 2,037 shares of Carlisle Companies stock in a transaction that occurred 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 sale, the vice president now directly owns 2,834 shares in the company, valued at approximately $1,149,413.72. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Stephen Aldrich sold 1,095 shares of the company's stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $397.50, for a total value of $435,262.50. Following the transaction, the chief accounting officer now owns 1,624 shares of the company's stock, valued at approximately $645,540. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

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.