Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky trimmed its stake in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 5.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,726 shares of the conglomerate's stock after selling 820 shares during the quarter. Teachers Retirement System of The State of Kentucky's holdings in Carlisle Companies were worth $5,431,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Diversify Advisory Services LLC grew its stake in Carlisle Companies by 1.7% during the 4th quarter. Diversify Advisory Services LLC now owns 1,587 shares of the conglomerate's stock worth $586,000 after buying an additional 26 shares during the last quarter. GeoWealth Management LLC raised its position in Carlisle Companies by 25.0% during the 4th quarter. GeoWealth Management LLC now owns 145 shares of the conglomerate's stock worth $53,000 after buying an additional 29 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Carlisle Companies by 3.0% during the fourth quarter. GAMMA Investing LLC now owns 1,325 shares of the conglomerate's stock worth $489,000 after purchasing an additional 38 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Carlisle Companies by 2.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate's stock valued at $535,000 after buying an additional 38 shares during the last quarter. Finally, Metis Global Partners LLC lifted its holdings in shares of Carlisle Companies by 6.4% in the 4th quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate's stock valued at $238,000 after buying an additional 39 shares during the period. Hedge funds and other institutional investors own 89.52% of the company's stock.

Carlisle Companies Trading Up 0.2 %

Shares of NYSE CSL traded up $0.92 during trading on Monday, reaching $375.92. The stock had a trading volume of 88,133 shares, compared to its average volume of 478,965. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The company has a market cap of $16.60 billion, a P/E ratio of 13.61, a PEG ratio of 1.03 and a beta of 0.94. Carlisle Companies Incorporated has a fifty-two week low of $311.41 and a fifty-two week high of $481.26. The business's 50-day moving average price is $341.75 and its 200-day moving average price is $387.11.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share for the quarter, topping analysts' consensus estimates of $3.53 by $0.08. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. On average, equities research analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend was Tuesday, February 18th. Carlisle Companies's payout ratio is 14.89%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Zelman & Associates raised Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. The Goldman Sachs Group cut their target price on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Robert W. Baird increased their price target on shares of Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a report on Thursday. Truist Financial cut their price objective on shares of Carlisle Companies from $420.00 to $390.00 and set a "hold" rating for the company in a report on Thursday. Finally, Loop Capital lowered their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a research note on Friday, January 10th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $454.00.

Insider Activity at Carlisle Companies

In other news, Director Jonathan R. Collins sold 1,050 shares of the firm's stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $349.24, for a total transaction of $366,702.00. Following the transaction, the director now directly owns 2,665 shares in the company, valued at approximately $930,724.60. This trade represents a 28.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Mehul Patel sold 150 shares of the firm's stock in a transaction on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the transaction, the vice president now directly owns 815 shares in the company, valued at $285,681.95. The trade was a 15.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.