Fiduciary Management Inc. WI Sells 29,487 Shares of Carlisle Companies Incorporated $CSL

Fiduciary Management Inc. WI decreased its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 5.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 535,581 shares of the conglomerate’s stock after selling 29,487 shares during the quarter. Carlisle Companies accounts for about 1.9% of Fiduciary Management Inc. WI’s investment portfolio, making the stock its 19th biggest position. Fiduciary Management Inc. WI owned about 1.28% of Carlisle Companies worth $171,311,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CSL. BOK Financial Private Wealth Inc. bought a new position in shares of Carlisle Companies during the 4th quarter worth about $27,000. Torren Management LLC bought a new position in shares of Carlisle Companies during the 4th quarter worth about $33,000. Osterweis Capital Management Inc. bought a new stake in Carlisle Companies in the second quarter valued at about $36,000. SBI Securities Co. Ltd. increased its stake in Carlisle Companies by 43.0% in the third quarter. SBI Securities Co. Ltd. now owns 113 shares of the conglomerate’s stock valued at $37,000 after acquiring an additional 34 shares during the period. Finally, Rothschild Investment LLC increased its stake in Carlisle Companies by 3,866.7% in the fourth quarter. Rothschild Investment LLC now owns 119 shares of the conglomerate’s stock valued at $38,000 after acquiring an additional 116 shares during the period. Institutional investors own 89.52% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. William Blair reissued a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, March 18th. Truist Financial upped their target price on shares of Carlisle Companies from $340.00 to $360.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Robert W. Baird upped their target price on shares of Carlisle Companies from $402.00 to $425.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Oppenheimer upped their target price on shares of Carlisle Companies from $420.00 to $425.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Carlisle Companies in a research note on Friday, March 27th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $405.00.

Carlisle Companies Price Performance

Shares of CSL stock opened at $346.01 on Friday. Carlisle Companies Incorporated has a 1 year low of $293.43 and a 1 year high of $435.92. The firm’s 50 day moving average is $345.53 and its 200-day moving average is $348.71. The firm has a market capitalization of $14.00 billion, a price-to-earnings ratio of 20.34, a PEG ratio of 1.09 and a beta of 0.86. The company has a current ratio of 3.38, a quick ratio of 2.58 and a debt-to-equity ratio of 1.74.

Carlisle Companies (NYSE:CSL) last announced its earnings results on Thursday, April 23rd. The conglomerate reported $3.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.31 by $0.32. Carlisle Companies had a net margin of 14.57% and a return on equity of 43.78%. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.45 billion. During the same period in the prior year, the business earned $3.61 earnings per share. Carlisle Companies’s quarterly revenue was down 4.0% on a year-over-year basis. Sell-side analysts forecast that Carlisle Companies Incorporated will post 21.18 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.3%. The ex-dividend date was Monday, May 18th. Carlisle Companies’s dividend payout ratio is currently 25.87%.

Carlisle Companies Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.