Silvercrest Asset Management Group LLC Has $106.15 Million Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Silvercrest Asset Management Group LLC lowered its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 2.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 287,783 shares of the conglomerate's stock after selling 6,686 shares during the period. Carlisle Companies comprises 0.7% of Silvercrest Asset Management Group LLC's portfolio, making the stock its 28th largest position. Silvercrest Asset Management Group LLC owned 0.63% of Carlisle Companies worth $106,146,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC lifted its holdings in Carlisle Companies by 31.3% during the 3rd quarter. Barclays PLC now owns 60,920 shares of the conglomerate's stock worth $27,399,000 after buying an additional 14,526 shares during the last quarter. Oak Thistle LLC acquired a new stake in shares of Carlisle Companies during the 4th quarter worth approximately $615,000. Park Avenue Securities LLC acquired a new stake in shares of Carlisle Companies during the 4th quarter worth approximately $255,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Carlisle Companies by 371.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 363 shares of the conglomerate's stock worth $134,000 after purchasing an additional 286 shares during the period. Finally, Ritholtz Wealth Management increased its position in Carlisle Companies by 12.9% in the 4th quarter. Ritholtz Wealth Management now owns 1,303 shares of the conglomerate's stock valued at $481,000 after acquiring an additional 149 shares during the period. Hedge funds and other institutional investors own 89.52% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on CSL shares. Truist Financial lowered their target price on Carlisle Companies from $420.00 to $390.00 and set a "hold" rating on the stock in a research report on Thursday, April 24th. StockNews.com raised Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Friday. Zelman & Associates raised Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. Finally, Robert W. Baird raised their price objective on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a research note on Thursday, April 24th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $454.00.

Carlisle Companies Stock Down 0.7%

Shares of Carlisle Companies stock traded down $2.75 during midday trading on Monday, hitting $405.75. The company's stock had a trading volume of 229,967 shares, compared to its average volume of 394,037. The firm has a market capitalization of $17.55 billion, a P/E ratio of 14.69, a PEG ratio of 1.03 and a beta of 1.07. The stock has a 50-day simple moving average of $359.34 and a 200-day simple moving average of $380.52. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. Carlisle Companies Incorporated has a 1-year low of $311.41 and a 1-year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.53 by $0.08. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.09 billion. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The business's revenue for the quarter was down .1% on a year-over-year basis. During the same quarter last year, the firm earned $3.72 earnings per share. As a group, sell-side analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be given a dividend of $1.00 per share. The ex-dividend date is Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a yield of 0.99%. Carlisle Companies's payout ratio is 14.89%.

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.