Generali Asset Management SPA SGR Takes $93,000 Position in Carlisle Companies Incorporated (NYSE:CSL)

Generali Asset Management SPA SGR acquired a new stake in Carlisle Companies Incorporated (NYSE:CSL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 252 shares of the conglomerate’s stock, valued at approximately $93,000.

Several other institutional investors and hedge funds have also modified their holdings of CSL. Caprock Group LLC acquired a new position in shares of Carlisle Companies in the 3rd quarter valued at about $355,000. Commerce Bank lifted its holdings in shares of Carlisle Companies by 23.1% in the 3rd quarter. Commerce Bank now owns 10,847 shares of the conglomerate’s stock valued at $4,878,000 after buying an additional 2,034 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of Carlisle Companies by 3.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 12,469 shares of the conglomerate’s stock valued at $5,608,000 after buying an additional 456 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of Carlisle Companies by 558.8% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 23,480 shares of the conglomerate’s stock valued at $10,560,000 after buying an additional 19,916 shares during the period. Finally, Citigroup Inc. lifted its holdings in shares of Carlisle Companies by 12.9% in the 3rd quarter. Citigroup Inc. now owns 43,443 shares of the conglomerate’s stock valued at $19,538,000 after buying an additional 4,980 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Price Performance

NYSE:CSL opened at $336.89 on Friday. Carlisle Companies Incorporated has a 12 month low of $321.93 and a 12 month high of $481.26. The stock has a 50 day moving average of $359.46 and a two-hundred day moving average of $403.35. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. The firm has a market cap of $15.01 billion, a P/E ratio of 12.19, a price-to-earnings-growth ratio of 1.03 and a beta of 0.99.

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 return on equity of 34.37% and a net margin of 26.22%. During the same quarter last year, the company posted $4.17 earnings per share. On average, analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

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 dividend of $1.00 per share. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.19%. Carlisle Companies’s dividend payout ratio (DPR) is currently 14.48%.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other news, Director Jonathan R. Collins sold 1,050 shares of the company’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 value of $366,702.00. Following the completion of the sale, the director now directly owns 2,665 shares in the company, valued at $930,724.60. This represents a 28.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Mehul Patel sold 150 shares of the company’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 owns 815 shares of the company’s stock, valued at $285,681.95. This trade 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 company insiders.

Carlisle Companies 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.