Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. lowered its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 29.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,418 shares of the conglomerate’s stock after selling 11,591 shares during the period. Russell Investments Group Ltd.’s holdings in Carlisle Companies were worth $8,879,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Commonwealth Equity Services LLC raised its position in shares of Carlisle Companies by 0.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 14,508 shares of the conglomerate’s stock worth $3,762,000 after purchasing an additional 74 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in Carlisle Companies by 924.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 10,026 shares of the conglomerate’s stock worth $2,599,000 after buying an additional 9,047 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Carlisle Companies by 12.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 7,616 shares of the conglomerate’s stock worth $1,975,000 after acquiring an additional 871 shares during the last quarter. Brown Advisory Inc. lifted its position in shares of Carlisle Companies by 3.6% in the third quarter. Brown Advisory Inc. now owns 37,231 shares of the conglomerate’s stock valued at $9,653,000 after acquiring an additional 1,309 shares in the last quarter. Finally, Forsta AP Fonden boosted its stake in shares of Carlisle Companies by 515.4% during the third quarter. Forsta AP Fonden now owns 8,000 shares of the conglomerate’s stock valued at $2,074,000 after acquiring an additional 6,700 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CSL. The Goldman Sachs Group started coverage on shares of Carlisle Companies in a research note on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 target price for the company. Robert W. Baird lifted their target price on shares of Carlisle Companies from $435.00 to $465.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. StockNews.com raised Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Loop Capital lifted their price objective on Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a research report on Monday, April 1st. Finally, Oppenheimer increased their target price on Carlisle Companies from $412.00 to $430.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $416.00.

Insider Buying and Selling at Carlisle Companies

In other news, VP David W. Smith sold 700 shares of the firm’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $338.54, for a total value of $236,978.00. Following the transaction, the vice president now owns 2,834 shares of the company’s stock, valued at approximately $959,422.36. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, VP David W. Smith sold 2,037 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $405.58, for a total transaction of $826,166.46. Following the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at approximately $1,149,413.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP David W. Smith sold 700 shares of the stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $338.54, for a total transaction of $236,978.00. Following the completion of the sale, the vice president now directly owns 2,834 shares of the company’s stock, valued at approximately $959,422.36. The disclosure for this sale can be found here. Insiders have sold a total of 18,387 shares of company stock valued at $6,492,789 over the last ninety days. Corporate insiders own 1.50% of the company’s stock.

Carlisle Companies Trading Up 1.8 %

CSL stock opened at $405.84 on Tuesday. The company has a quick ratio of 2.61, a current ratio of 2.95 and a debt-to-equity ratio of 0.66. The company has a market cap of $19.43 billion, a price-to-earnings ratio of 23.53, a PEG ratio of 1.36 and a beta of 0.90. The business has a fifty day simple moving average of $377.35 and a 200-day simple moving average of $326.69. Carlisle Companies Incorporated has a 52 week low of $205.10 and a 52 week high of $415.00.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $3.72 EPS for the quarter, topping the consensus estimate of $2.74 by $0.98. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $993.06 million. Carlisle Companies had a return on equity of 30.41% and a net margin of 17.13%. On average, equities research analysts expect that Carlisle Companies Incorporated will post 19.51 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Monday, May 20th will be issued a $0.85 dividend. The ex-dividend date of this dividend is Friday, May 17th. This represents a $3.40 annualized dividend and a yield of 0.84%. Carlisle Companies’s payout ratio is 19.71%.

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.