Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by Franklin Resources Inc.

Franklin Resources Inc. grew its stake in Carlisle Companies Incorporated (NYSE:CSL) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,194,220 shares of the conglomerate’s stock after purchasing an additional 17,206 shares during the quarter. Franklin Resources Inc. owned approximately 2.63% of Carlisle Companies worth $440,476,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. O Shaughnessy Asset Management LLC raised its holdings in shares of Carlisle Companies by 110.1% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 62,236 shares of the conglomerate’s stock valued at $22,955,000 after acquiring an additional 32,611 shares during the last quarter. Brandywine Global Investment Management LLC increased its position in shares of Carlisle Companies by 8.8% during the fourth quarter. Brandywine Global Investment Management LLC now owns 55,159 shares of the conglomerate’s stock worth $20,345,000 after purchasing an additional 4,481 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in Carlisle Companies by 2.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,436 shares of the conglomerate’s stock valued at $535,000 after purchasing an additional 38 shares during the last quarter. Mawer Investment Management Ltd. lifted its holdings in Carlisle Companies by 14.2% in the 4th quarter. Mawer Investment Management Ltd. now owns 40,337 shares of the conglomerate’s stock valued at $14,878,000 after purchasing an additional 5,029 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Carlisle Companies by 18.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 147,621 shares of the conglomerate’s stock valued at $54,449,000 after purchasing an additional 23,403 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Carlisle Companies Trading Down 0.5 %

Shares of CSL stock opened at $341.00 on Tuesday. 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 twelve month low of $321.93 and a twelve month high of $481.26. The company’s 50-day moving average price is $354.24 and its 200-day moving average price is $401.09. The stock has a market cap of $15.05 billion, a price-to-earnings ratio of 12.34, a PEG ratio of 1.03 and a beta of 0.99.

Carlisle Companies (NYSE:CSL) last posted 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 net margin of 26.22% and a return on equity of 34.37%. During the same period last year, the business posted $4.17 EPS. As a group, equities analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current year.

Carlisle Companies Announces Dividend

The firm also recently announced 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 1.17%. Carlisle Companies’s dividend payout ratio (DPR) is 14.48%.

Insider Buying and Selling at Carlisle Companies

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 shares were sold at an average price of $349.24, for a total value of $366,702.00. Following the transaction, the director now directly owns 2,665 shares in the company, valued at approximately $930,724.60. This represents a 28.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Mehul Patel sold 150 shares of Carlisle Companies stock in a transaction that occurred 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 owns 815 shares of the company’s stock, valued at $285,681.95. This trade represents a 15.54 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

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