Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. decreased its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 2.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,762 shares of the conglomerate’s stock after selling 336 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Carlisle Companies were worth $4,707,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC lifted its position in shares of Carlisle Companies by 475.0% during the 4th quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate’s stock worth $25,000 after buying an additional 57 shares during the last quarter. True Wealth Design LLC raised its stake in Carlisle Companies by 1,400.0% during the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 70 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Carlisle Companies by 95.1% during the 4th 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 lifted its position in Carlisle Companies by 75.0% in the third quarter. Quarry LP now owns 133 shares of the conglomerate’s stock valued at $60,000 after acquiring an additional 57 shares during the last quarter. Finally, UMB Bank n.a. boosted its stake in Carlisle Companies by 55.4% in the fourth quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock valued at $69,000 after acquiring an additional 67 shares in the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Carlisle Companies Stock Performance

NYSE CSL opened at $348.96 on Wednesday. The firm 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. Carlisle Companies Incorporated has a 52-week low of $321.93 and a 52-week high of $481.26. The business’s 50-day moving average price is $358.30 and its 200 day moving average price is $402.61. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77.

Carlisle Companies (NYSE:CSL) last announced its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating the consensus estimate of $4.43 by $0.04. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. During the same period in the prior year, the company posted $4.17 EPS. On average, equities research analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $1.00 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.15%. Carlisle Companies’s dividend payout ratio is currently 14.48%.

Insiders Place Their Bets

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $349.24, for a total value of $366,702.00. Following the sale, the director now owns 2,665 shares of the company’s stock, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Mehul Patel sold 150 shares of the firm’s stock in a transaction that occurred on Saturday, February 8th. The shares were 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 directly owns 815 shares of the company’s stock, valued at $285,681.95. This represents a 15.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

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

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.