Robeco Schweiz AG Has $126.33 Million Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Robeco Schweiz AG lessened its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 7.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 342,500 shares of the conglomerate’s stock after selling 28,000 shares during the period. Carlisle Companies makes up about 2.7% of Robeco Schweiz AG’s portfolio, making the stock its 8th largest holding. Robeco Schweiz AG owned approximately 0.76% of Carlisle Companies worth $126,328,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pensionfund Sabic bought a new stake in shares of Carlisle Companies during the 4th quarter worth approximately $1,291,000. KBC Group NV increased its position in Carlisle Companies by 34.9% during the 3rd quarter. KBC Group NV now owns 10,646 shares of the conglomerate’s stock worth $4,788,000 after purchasing an additional 2,752 shares in the last quarter. Geode Capital Management LLC increased its position in Carlisle Companies by 13.3% during the 3rd quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock worth $391,827,000 after purchasing an additional 102,436 shares in the last quarter. Quest Partners LLC increased its position in Carlisle Companies by 624.8% during the 3rd quarter. Quest Partners LLC now owns 4,646 shares of the conglomerate’s stock worth $2,090,000 after purchasing an additional 4,005 shares in the last quarter. Finally, Meridian Wealth Management LLC acquired a new position in Carlisle Companies during the 3rd quarter worth approximately $631,000. Institutional investors own 89.52% of the company’s stock.

Wall Street Analyst Weigh In

CSL has been the subject of a number of research analyst reports. Oppenheimer reiterated an “outperform” rating and set a $495.00 price objective (down from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Loop Capital lowered 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 report on Friday, January 10th. The Goldman Sachs Group decreased their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Finally, Truist Financial assumed coverage on shares of Carlisle Companies in a research report on Thursday, November 14th. They issued a “hold” rating and a $460.00 price target for the company. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Carlisle Companies has a consensus rating of “Moderate Buy” and a consensus price target of $476.00.

Carlisle Companies Stock Down 0.2 %

Shares of NYSE CSL opened at $338.62 on Thursday. The firm has a market cap of $15.09 billion, a PE ratio of 12.26, a P/E/G ratio of 1.03 and a beta of 0.96. Carlisle Companies Incorporated has a 12-month low of $332.04 and a 12-month high of $481.26. The company’s fifty day simple moving average is $371.86 and its 200 day simple moving average is $412.09. 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 released its quarterly earnings data on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating 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 earned $4.17 EPS. As a group, sell-side analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Tuesday, February 18th. Carlisle Companies’s payout ratio is currently 14.48%.

Insider Activity at Carlisle Companies

In related news, Director Jonathan R. Collins sold 1,050 shares of the firm’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $349.24, for a total transaction of $366,702.00. Following the completion of the sale, the director now owns 2,665 shares in the company, valued at approximately $930,724.60. This trade represents a 28.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Mehul Patel sold 150 shares of Carlisle Companies stock in a transaction dated Saturday, February 8th. The stock was sold at an average price of $350.53, for a total transaction of $52,579.50. Following the completion of the transaction, the vice president now owns 815 shares of the company’s stock, valued at $285,681.95. The trade was a 15.54 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by 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.