Skandinaviska Enskilda Banken AB publ Has $26.92 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Skandinaviska Enskilda Banken AB publ cut its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 43.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 73,017 shares of the conglomerate’s stock after selling 55,761 shares during the period. Skandinaviska Enskilda Banken AB publ owned 0.16% of Carlisle Companies worth $26,919,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of CSL. Franklin Resources Inc. grew its stake in Carlisle Companies by 1.4% in the 3rd quarter. Franklin Resources Inc. now owns 1,177,014 shares of the conglomerate’s stock valued at $566,061,000 after buying an additional 16,303 shares during the last quarter. FMR LLC lifted its stake in Carlisle Companies by 29.6% in the 3rd quarter. FMR LLC now owns 955,289 shares of the conglomerate’s stock valued at $429,641,000 after purchasing an additional 218,002 shares during the last quarter. Geode Capital Management LLC increased its position in Carlisle Companies by 13.3% in the 3rd quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock valued at $391,827,000 after acquiring an additional 102,436 shares during the period. Truist Financial Corp increased its position in Carlisle Companies by 3.9% in the 4th quarter. Truist Financial Corp now owns 362,695 shares of the conglomerate’s stock valued at $133,776,000 after acquiring an additional 13,505 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Carlisle Companies by 14.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 338,343 shares of the conglomerate’s stock valued at $152,170,000 after acquiring an additional 41,766 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Trading Down 0.9 %

Shares of Carlisle Companies stock opened at $326.61 on Friday. The firm has a market cap of $14.55 billion, a PE ratio of 11.82, a PEG ratio of 1.03 and a beta of 0.99. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. Carlisle Companies Incorporated has a 1 year low of $321.93 and a 1 year high of $481.26. The company has a 50 day simple moving average of $363.79 and a two-hundred day simple moving average of $407.17.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, topping analysts’ consensus estimates 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 business posted $4.17 earnings per share. 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 announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.22%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies’s payout ratio is 14.48%.

Analyst Ratings Changes

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

Insider Buying and Selling

In other Carlisle Companies news, 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 directly 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 business’s 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 transaction, 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 disclosure for this sale can be found here. 1.50% of the stock is owned by insiders.

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.