O Shaughnessy Asset Management LLC Sells 35,181 Shares of Carlisle Companies Incorporated $CSL

O Shaughnessy Asset Management LLC trimmed its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 27.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 94,447 shares of the conglomerate’s stock after selling 35,181 shares during the quarter. O Shaughnessy Asset Management LLC owned about 0.23% of Carlisle Companies worth $30,210,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. BOK Financial Private Wealth Inc. acquired a new stake in Carlisle Companies during the fourth quarter worth about $27,000. Torren Management LLC acquired a new stake in Carlisle Companies during the fourth quarter worth about $33,000. Osterweis Capital Management Inc. acquired a new stake in Carlisle Companies during the second quarter worth about $36,000. SBI Securities Co. Ltd. grew its stake in Carlisle Companies by 43.0% during the third quarter. SBI Securities Co. Ltd. now owns 113 shares of the conglomerate’s stock worth $37,000 after buying an additional 34 shares in the last quarter. Finally, Rothschild Investment LLC grew its stake in Carlisle Companies by 3,866.7% during the fourth quarter. Rothschild Investment LLC now owns 119 shares of the conglomerate’s stock worth $38,000 after buying an additional 116 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Carlisle Companies in a research note on Friday, March 27th. Robert W. Baird increased their price objective on shares of Carlisle Companies from $402.00 to $425.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Truist Financial increased their price objective on shares of Carlisle Companies from $340.00 to $360.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Raymond James Financial assumed coverage on shares of Carlisle Companies in a research note on Monday, April 27th. They set an “outperform” rating and a $425.00 price objective on the stock. Finally, William Blair reiterated a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, March 18th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $405.00.

Carlisle Companies Stock Down 2.3%

NYSE:CSL opened at $338.07 on Tuesday. The firm’s 50 day simple moving average is $345.63 and its 200 day simple moving average is $349.30. The company has a debt-to-equity ratio of 1.74, a current ratio of 3.38 and a quick ratio of 2.58. Carlisle Companies Incorporated has a one year low of $293.43 and a one year high of $435.92. The company has a market cap of $13.68 billion, a PE ratio of 19.87, a P/E/G ratio of 1.09 and a beta of 0.86.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $3.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.32. Carlisle Companies had a net margin of 14.57% and a return on equity of 43.78%. The firm had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter last year, the business earned $3.61 EPS. The company’s revenue was down 4.0% compared to the same quarter last year. On average, research analysts anticipate that Carlisle Companies Incorporated will post 21.18 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 18th were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. Carlisle Companies’s dividend payout ratio (DPR) 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.