GW&K Investment Management LLC Has $10.32 Million Holdings in Carlisle Companies Incorporated (NYSE:CSL)

GW&K Investment Management LLC trimmed its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,045 shares of the conglomerate’s stock after selling 1,550 shares during the quarter. GW&K Investment Management LLC owned approximately 0.07% of Carlisle Companies worth $10,324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Allworth Financial LP lifted its holdings in shares of Carlisle Companies by 88.9% during the 4th quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock valued at $27,000 after buying an additional 40 shares during the last quarter. Principal Securities Inc. bought a new position in shares of Carlisle Companies in the 4th quarter valued at approximately $32,000. Tennessee Valley Asset Management Partners bought a new position in shares of Carlisle Companies in the 4th quarter valued at approximately $40,000. Robeco Institutional Asset Management B.V. raised its stake in shares of Carlisle Companies by 38.1% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 13,841 shares of the conglomerate’s stock valued at $43,000 after acquiring an additional 3,815 shares in the last quarter. Finally, Signaturefd LLC raised its stake in shares of Carlisle Companies by 28.9% in the 3rd quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock valued at $51,000 after acquiring an additional 44 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Stock Performance

Shares of NYSE CSL opened at $423.29 on Thursday. The company has a quick ratio of 2.61, a current ratio of 2.95 and a debt-to-equity ratio of 0.66. The business’s 50 day moving average is $392.22 and its two-hundred day moving average is $340.19. The company has a market cap of $20.15 billion, a P/E ratio of 24.54, a P/E/G ratio of 1.43 and a beta of 0.90. Carlisle Companies Incorporated has a 12 month low of $207.91 and a 12 month high of $429.60.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Thursday, April 25th. The conglomerate reported $3.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.74 by $0.98. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $993.06 million. Carlisle Companies had a return on equity of 30.41% and a net margin of 17.13%. On average, equities analysts expect that Carlisle Companies Incorporated will post 19.91 EPS for the current year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Monday, May 20th will be given a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date is Friday, May 17th. Carlisle Companies’s dividend payout ratio is presently 19.71%.

Analyst Ratings Changes

A number of brokerages recently weighed in on CSL. StockNews.com raised Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Oppenheimer raised their price objective on Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Loop Capital raised their price objective on Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Robert W. Baird lifted their price target on Carlisle Companies from $435.00 to $465.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Finally, The Goldman Sachs Group initiated coverage on Carlisle Companies in a research report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 price target on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $416.00.

Insider Activity

In other news, CEO D Christian Koch sold 54,927 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $420.06, for a total transaction of $23,072,635.62. Following the sale, the chief executive officer now directly owns 86,652 shares in the company, valued at $36,399,039.12. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO D Christian Koch sold 54,927 shares of the business’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $420.06, for a total value of $23,072,635.62. Following the sale, the chief executive officer now owns 86,652 shares of the company’s stock, valued at approximately $36,399,039.12. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Stephen Aldrich sold 1,095 shares of the business’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $397.50, for a total value of $435,262.50. Following the completion of the sale, the chief accounting officer now directly owns 1,624 shares in the company, valued at approximately $645,540. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 58,059 shares of company stock worth $24,334,065. Company insiders own 1.50% of the company’s stock.

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.