Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 183 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 1.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,983 shares of the conglomerate’s stock after selling 183 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Carlisle Companies were worth $3,682,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. iA Global Asset Management Inc. increased its holdings in shares of Carlisle Companies by 7.3% during the fourth quarter. iA Global Asset Management Inc. now owns 929 shares of the conglomerate’s stock worth $343,000 after purchasing an additional 63 shares during the period. Magnetar Financial LLC increased its stake in Carlisle Companies by 388.8% in the fourth quarter. Magnetar Financial LLC now owns 7,713 shares of the conglomerate’s stock valued at $2,845,000 after acquiring an additional 6,135 shares during the last quarter. Algebris UK Ltd bought a new position in Carlisle Companies in the fourth quarter valued at approximately $715,000. Xponance Inc. increased its stake in Carlisle Companies by 4.6% in the fourth quarter. Xponance Inc. now owns 8,142 shares of the conglomerate’s stock valued at $3,003,000 after acquiring an additional 358 shares during the last quarter. Finally, Intech Investment Management LLC increased its stake in Carlisle Companies by 59.9% in the fourth quarter. Intech Investment Management LLC now owns 43,949 shares of the conglomerate’s stock valued at $16,210,000 after acquiring an additional 16,472 shares during the last quarter. 89.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CSL has been the topic of a number of recent analyst reports. Loop Capital decreased their price objective 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. Oppenheimer reissued an “outperform” rating and issued a $495.00 price objective (down from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Finally, The Goldman Sachs Group decreased their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $476.00.

Carlisle Companies Stock Performance

Shares of Carlisle Companies stock opened at $336.89 on Monday. Carlisle Companies Incorporated has a fifty-two week low of $321.93 and a fifty-two week high of $481.26. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. The firm has a market capitalization of $15.01 billion, a P/E ratio of 12.19, a P/E/G ratio of 1.03 and a beta of 0.99. The company’s 50 day moving average price is $359.46 and its two-hundred day moving average price is $403.36.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating 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 period last year, the company earned $4.17 EPS. On average, equities analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $1.00 per share. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.19%. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.48%.

Insider Transactions at Carlisle Companies

In other 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 transaction, the vice president now owns 815 shares in the company, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction on Friday, February 7th. The stock was sold at an average price of $349.24, for a total transaction of $366,702.00. Following the transaction, the director now owns 2,665 shares in the company, valued at approximately $930,724.60. This trade represents a 28.26 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by company 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.