Segall Bryant & Hamill LLC Trims Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Segall Bryant & Hamill LLC reduced its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 5.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 37,358 shares of the conglomerate’s stock after selling 2,019 shares during the period. Segall Bryant & Hamill LLC’s holdings in Carlisle Companies were worth $13,779,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. TD Private Client Wealth LLC grew its holdings in shares of Carlisle Companies by 475.0% in the fourth quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate’s stock valued at $25,000 after purchasing an additional 57 shares in the last quarter. True Wealth Design LLC boosted its position in Carlisle Companies by 1,400.0% in the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock valued at $34,000 after buying an additional 70 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Carlisle Companies by 95.1% in the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate’s stock worth $59,000 after acquiring an additional 78 shares in the last quarter. Quarry LP increased its position in shares of Carlisle Companies by 75.0% during the third quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after acquiring an additional 57 shares during the period. Finally, UMB Bank n.a. increased its position in shares of Carlisle Companies by 55.4% during the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock worth $69,000 after acquiring an additional 67 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently commented on CSL shares. Loop Capital lowered their target price on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating for the company in a research note on Friday, January 10th. The Goldman Sachs Group lowered their price objective on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Carlisle Companies has an average rating of “Moderate Buy” and an average target price of $476.00.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of the business’s stock in a transaction that occurred on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total value of $52,579.50. Following the completion of the sale, 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the firm’s stock in a transaction that occurred 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 ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by insiders.

Carlisle Companies Trading Up 0.1 %

NYSE:CSL opened at $348.96 on Wednesday. Carlisle Companies Incorporated has a 1 year low of $321.93 and a 1 year high of $481.26. The stock has a market cap of $15.41 billion, a P/E ratio of 12.63, a P/E/G ratio of 1.03 and a beta of 0.99. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The stock has a 50-day simple moving average of $358.30 and a 200-day simple moving average of $402.61.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, beating the consensus estimate 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. As a group, analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $1.00 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a yield of 1.15%. Carlisle Companies’s dividend payout ratio (DPR) is presently 14.48%.

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.