Forsta AP Fonden Acquires 13,200 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Forsta AP Fonden raised its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 455.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,100 shares of the conglomerate’s stock after acquiring an additional 13,200 shares during the quarter. Forsta AP Fonden’s holdings in Carlisle Companies were worth $5,938,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of CSL. Capital Performance Advisors LLP bought a new position in shares of Carlisle Companies in the 3rd quarter worth $25,000. ORG Wealth Partners LLC bought a new position in Carlisle Companies during the third quarter worth about $32,000. True Wealth Design LLC grew its position in shares of Carlisle Companies by 1,400.0% during the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate’s stock worth $34,000 after buying an additional 70 shares during the period. UMB Bank n.a. increased its stake in shares of Carlisle Companies by 317.2% in the 3rd quarter. UMB Bank n.a. now owns 121 shares of the conglomerate’s stock valued at $54,000 after acquiring an additional 92 shares during the last quarter. Finally, Quarry LP raised its position in shares of Carlisle Companies by 75.0% in the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock valued at $60,000 after acquiring an additional 57 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Trading Down 1.3 %

CSL opened at $389.39 on Friday. The stock has a market capitalization of $17.65 billion, a P/E ratio of 13.78, a P/E/G ratio of 1.15 and a beta of 0.96. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68. Carlisle Companies Incorporated has a 12 month low of $313.14 and a 12 month high of $481.26. The firm’s fifty day simple moving average is $402.09 and its 200 day simple moving average is $419.28.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.03%. Carlisle Companies’s dividend payout ratio is currently 14.15%.

Insider Buying and Selling

In other Carlisle Companies news, VP David W. Smith sold 275 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $443.41, for a total value of $121,937.75. Following the sale, the vice president now owns 2,834 shares in the company, valued at approximately $1,256,623.94. The trade was a 8.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CSL has been the subject of a number of analyst reports. Oppenheimer restated an “outperform” rating and set a $495.00 price objective (down previously from $505.00) on shares of Carlisle Companies in a report on Friday, December 20th. Robert W. Baird decreased their price target on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Loop Capital dropped their price objective on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research note on Friday, January 10th. The Goldman Sachs Group decreased their target price on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Finally, Truist Financial started coverage on Carlisle Companies in a research report on Thursday, November 14th. They set a “hold” rating and a $460.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $476.00.

About Carlisle Companies

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.