Mn Services Vermogensbeheer B.V. Buys 300 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 3.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,500 shares of the conglomerate’s stock after acquiring an additional 300 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Carlisle Companies were worth $3,135,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Pensionfund Sabic purchased a new position in Carlisle Companies during the fourth quarter valued at approximately $1,291,000. KBC Group NV increased its holdings in Carlisle Companies by 34.9% during the third quarter. KBC Group NV now owns 10,646 shares of the conglomerate’s stock valued at $4,788,000 after buying an additional 2,752 shares during the period. Geode Capital Management LLC increased its holdings in Carlisle Companies by 13.3% during the third quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock valued at $391,827,000 after buying an additional 102,436 shares during the period. Quest Partners LLC increased its holdings in Carlisle Companies by 624.8% during the third quarter. Quest Partners LLC now owns 4,646 shares of the conglomerate’s stock valued at $2,090,000 after buying an additional 4,005 shares during the period. Finally, Meridian Wealth Management LLC purchased a new position in Carlisle Companies during the third quarter valued at approximately $631,000. 89.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Insider Transactions at Carlisle Companies

In other news, VP Mehul Patel sold 150 shares of Carlisle Companies stock in a transaction on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total transaction of $52,579.50. Following the completion of the sale, the vice president now directly 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction on Friday, February 7th. The shares were 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 of the company’s stock, valued at $930,724.60. This represents a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Carlisle Companies Price Performance

NYSE CSL opened at $340.26 on Friday. The firm’s fifty day simple moving average is $370.24 and its two-hundred day simple moving average is $411.36. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. Carlisle Companies Incorporated has a 12-month low of $332.04 and a 12-month high of $481.26. The firm has a market capitalization of $15.16 billion, a P/E ratio of 12.31, a P/E/G ratio of 1.03 and a beta of 0.96.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, topping 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 quarter in the prior year, the company earned $4.17 earnings per share. Analysts forecast that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.18%. Carlisle Companies’s payout ratio is currently 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.