Robeco Institutional Asset Management B.V. Acquires 3,815 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Robeco Institutional Asset Management B.V. boosted its holdings in Carlisle Companies Incorporated (NYSE:CSLFree Report) by 38.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,841 shares of the conglomerate’s stock after acquiring an additional 3,815 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Carlisle Companies were worth $43,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP increased its stake in Carlisle Companies by 88.9% in the 4th quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 40 shares during the last quarter. Principal Securities Inc. bought a new position in Carlisle Companies in the 4th quarter worth about $32,000. Tennessee Valley Asset Management Partners bought a new position in Carlisle Companies in the 4th quarter worth about $40,000. Signaturefd LLC increased its stake in Carlisle Companies by 28.9% in the 3rd quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock worth $51,000 after acquiring an additional 44 shares during the last quarter. Finally, Mendota Financial Group LLC bought a new position in Carlisle Companies in the 4th quarter worth about $53,000. 89.52% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Carlisle Companies news, CEO D Christian Koch sold 54,927 shares of the stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $420.06, for a total value of $23,072,635.62. Following the completion of the sale, the chief executive officer now owns 86,652 shares in the company, valued at approximately $36,399,039.12. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Carlisle Companies news, CAO Stephen Aldrich sold 1,095 shares of the stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $397.50, for a total value of $435,262.50. Following the completion of the sale, the chief accounting officer now owns 1,624 shares in the company, valued at approximately $645,540. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO D Christian Koch sold 54,927 shares of the stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $420.06, for a total value of $23,072,635.62. Following the completion of the sale, the chief executive officer now owns 86,652 shares of the company’s stock, valued at approximately $36,399,039.12. The disclosure for this sale can be found here. In the last 90 days, insiders sold 58,059 shares of company stock worth $24,334,065. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CSL. StockNews.com upgraded Carlisle Companies from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. The Goldman Sachs Group began coverage on Carlisle Companies in a report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 price objective for the company. Oppenheimer upped their price objective on Carlisle Companies from $412.00 to $430.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Loop Capital upped their price objective on Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Finally, Robert W. Baird upped their price objective on Carlisle Companies from $435.00 to $465.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $416.00.

View Our Latest Stock Report on Carlisle Companies

Carlisle Companies Trading Up 1.1 %

Shares of CSL stock opened at $427.92 on Monday. The stock has a market capitalization of $20.37 billion, a PE ratio of 24.81, a P/E/G ratio of 1.43 and a beta of 0.90. Carlisle Companies Incorporated has a 1-year low of $210.89 and a 1-year high of $430.21. The business has a 50-day moving average of $394.55 and a 200 day moving average of $342.98. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.95 and a quick ratio of 2.61.

Carlisle Companies (NYSE:CSLGet Free Report) last issued its earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share for the quarter, beating the consensus estimate of $2.74 by $0.98. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $993.06 million. Carlisle Companies had a return on equity of 30.41% and a net margin of 17.13%. As a group, sell-side analysts anticipate that Carlisle Companies Incorporated will post 19.92 earnings per share for the current year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Monday, May 20th will be issued a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 0.79%. The ex-dividend date of this dividend is Friday, May 17th. Carlisle Companies’s dividend payout ratio (DPR) is currently 19.71%.

About Carlisle Companies

(Free Report)

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.

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Institutional Ownership by Quarter for Carlisle Companies (NYSE:CSL)

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