Dimensional Fund Advisors LP Has $147.92 Million Stock Holdings in Carlisle Companies Incorporated $CSL

Dimensional Fund Advisors LP lowered its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 4.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 449,608 shares of the conglomerate’s stock after selling 21,379 shares during the quarter. Dimensional Fund Advisors LP owned about 1.08% of Carlisle Companies worth $147,922,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Champlain Investment Partners LLC acquired a new stake in shares of Carlisle Companies in the third quarter worth about $43,942,000. Quantbot Technologies LP bought a new position in shares of Carlisle Companies in the 3rd quarter valued at approximately $1,462,000. Aster Capital Management DIFC Ltd raised its stake in shares of Carlisle Companies by 324.0% in the 3rd quarter. Aster Capital Management DIFC Ltd now owns 5,639 shares of the conglomerate’s stock valued at $1,855,000 after acquiring an additional 4,309 shares in the last quarter. Erste Asset Management GmbH lifted its holdings in Carlisle Companies by 901.4% in the 3rd quarter. Erste Asset Management GmbH now owns 11,015 shares of the conglomerate’s stock worth $3,661,000 after purchasing an additional 9,915 shares during the last quarter. Finally, Handelsbanken Fonder AB boosted its position in Carlisle Companies by 12.1% during the third quarter. Handelsbanken Fonder AB now owns 224,446 shares of the conglomerate’s stock worth $73,834,000 after purchasing an additional 24,226 shares during the period. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Trading Up 0.1%

Shares of CSL opened at $353.26 on Wednesday. Carlisle Companies Incorporated has a 12-month low of $293.43 and a 12-month high of $435.92. The company has a quick ratio of 2.49, a current ratio of 3.09 and a debt-to-equity ratio of 1.60. The firm has a market capitalization of $14.44 billion, a price-to-earnings ratio of 20.65, a P/E/G ratio of 1.13 and a beta of 0.91. The stock’s 50-day moving average price is $371.32 and its 200 day moving average price is $348.19.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Tuesday, February 3rd. The conglomerate reported $3.90 EPS for the quarter, topping analysts’ consensus estimates of $3.60 by $0.30. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.11 billion. Carlisle Companies had a return on equity of 41.58% and a net margin of 14.76%.The company’s quarterly revenue was up .4% on a year-over-year basis. During the same quarter last year, the company earned $4.47 EPS. As a group, research analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th were issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, February 17th. Carlisle Companies’s dividend payout ratio (DPR) is presently 25.72%.

Insider Buying and Selling at Carlisle Companies

In related news, VP David W. Smith sold 1,800 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $414.05, for a total value of $745,290.00. Following the sale, the vice president owned 3,697 shares of the company’s stock, valued at $1,530,742.85. The trade was a 32.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO D Christian Koch sold 36,260 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $413.38, for a total transaction of $14,989,158.80. Following the transaction, the chief executive officer owned 113,238 shares of the company’s stock, valued at approximately $46,810,324.44. This represents a 24.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 68,289 shares of company stock valued at $28,125,467 in the last 90 days. Insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Carlisle Companies in a research note on Monday, December 29th. JPMorgan Chase & Co. upped their price target on shares of Carlisle Companies from $400.00 to $420.00 and gave the company an “overweight” rating in a report on Monday. William Blair assumed coverage on Carlisle Companies in a research note on Friday, January 30th. They issued a “market perform” rating on the stock. Robert W. Baird set a $420.00 target price on Carlisle Companies in a research note on Wednesday, February 4th. Finally, Oppenheimer lifted their price target on Carlisle Companies from $400.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $399.17.

Carlisle Companies Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.