OMERS ADMINISTRATION Corp Has $1.85 Million Stake in Carlisle Companies Incorporated (NYSE:CSL)

OMERS ADMINISTRATION Corp trimmed its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 23.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 5,023 shares of the conglomerate's stock after selling 1,565 shares during the period. OMERS ADMINISTRATION Corp's holdings in Carlisle Companies were worth $1,853,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. TD Private Client Wealth LLC grew its holdings in shares of Carlisle Companies by 475.0% in the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after purchasing an additional 57 shares during the last quarter. GeoWealth Management LLC grew its holdings in shares of Carlisle Companies by 25.0% during the fourth quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock worth $53,000 after purchasing an additional 29 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Carlisle Companies by 95.1% in the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock valued at $59,000 after buying an additional 78 shares in the last quarter. UMB Bank n.a. increased its stake in shares of Carlisle Companies by 55.4% in the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock valued at $69,000 after buying an additional 67 shares in the last quarter. Finally, Quarry LP raised its holdings in shares of Carlisle Companies by 39.8% in the fourth quarter. Quarry LP now owns 186 shares of the conglomerate's stock valued at $69,000 after buying an additional 53 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Trading Down 1.8%

Shares of NYSE:CSL traded down $7.12 during trading on Wednesday, hitting $396.22. 54,325 shares of the company's stock were exchanged, compared to its average volume of 392,440. Carlisle Companies Incorporated has a 1-year low of $311.41 and a 1-year high of $481.26. The firm has a market cap of $17.14 billion, a P/E ratio of 14.34, a PEG ratio of 1.03 and a beta of 1.07. 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 firm has a 50-day moving average price of $360.87 and a two-hundred day moving average price of $380.68.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 EPS 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 company had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.09 billion. During the same quarter in the previous year, the company posted $3.72 EPS. The business's revenue for the quarter was down .1% compared to the same quarter last year. Equities analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 19th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date is Monday, May 19th. Carlisle Companies's dividend payout ratio (DPR) is currently 14.89%.

Analysts Set New Price Targets

CSL has been the topic of a number of research analyst reports. Truist Financial decreased their price objective on shares of Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a report on Thursday, April 24th. Zelman & Associates raised shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. StockNews.com upgraded shares of Carlisle Companies from a "sell" rating to a "hold" rating in a research report on Friday, May 16th. Finally, Robert W. Baird upped their price objective on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a report on Thursday, April 24th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Carlisle Companies currently has a consensus rating of "Moderate Buy" and an average price target of $454.00.

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.