Oregon Public Employees Retirement Fund Sells 242 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Oregon Public Employees Retirement Fund lowered its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,176 shares of the conglomerate’s stock after selling 242 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Carlisle Companies were worth $3,384,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in CSL. Private Advisor Group LLC increased its holdings in shares of Carlisle Companies by 24.1% in the third quarter. Private Advisor Group LLC now owns 823 shares of the conglomerate’s stock valued at $370,000 after purchasing an additional 160 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Carlisle Companies by 7.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 10,625 shares of the conglomerate’s stock valued at $4,779,000 after acquiring an additional 727 shares during the last quarter. J.W. Cole Advisors Inc. increased its position in Carlisle Companies by 4.5% in the third quarter. J.W. Cole Advisors Inc. now owns 935 shares of the conglomerate’s stock worth $421,000 after purchasing an additional 40 shares during the period. Pallas Capital Advisors LLC bought a new position in Carlisle Companies in the third quarter valued at approximately $216,000. Finally, Diversify Advisory Services LLC grew its holdings in Carlisle Companies by 1.6% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,561 shares of the conglomerate’s stock worth $719,000 after acquiring an additional 25 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of Carlisle Companies stock in a transaction on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total transaction of $52,579.50. Following the completion of the transaction, the vice president now directly owns 815 shares of the company’s stock, valued at $285,681.95. The trade was a 15.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the company’s stock in a transaction 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 completion of the transaction, the director now owns 2,665 shares in the company, valued at approximately $930,724.60. This represents a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

Carlisle Companies Trading Down 1.2 %

NYSE:CSL opened at $334.54 on Friday. The company has a market cap of $14.91 billion, a P/E ratio of 12.11, a price-to-earnings-growth ratio of 1.03 and a beta of 0.96. Carlisle Companies Incorporated has a twelve month low of $332.04 and a twelve month high of $481.26. The business has a 50 day moving average price of $371.00 and a two-hundred day moving average price of $411.55. 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 (NYSE:CSL) last posted its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, topping analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. During the same quarter in the prior year, the business posted $4.17 earnings per share. As a group, analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 18th. Carlisle Companies’s dividend payout ratio (DPR) is currently 14.48%.

Analyst Upgrades and Downgrades

CSL has been the subject of a number of recent analyst reports. The Goldman Sachs Group dropped their price objective on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. Oppenheimer reaffirmed an “outperform” rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Truist Financial started coverage on shares of Carlisle Companies in a report on Thursday, November 14th. They set a “hold” rating and a $460.00 target price on the stock. Finally, Loop Capital dropped their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $476.00.

Carlisle Companies Company 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.