Tokio Marine Asset Management Co. Ltd. Has $487,000 Stake in Carlisle Companies Incorporated (NYSE:CSL)

Tokio Marine Asset Management Co. Ltd. raised its stake in Carlisle Companies Incorporated (NYSE:CSL) by 10.9% in the fourth quarter, Holdings Channel reports. The fund owned 1,559 shares of the conglomerate’s stock after purchasing an additional 153 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Carlisle Companies were worth $487,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Birch Hill Investment Advisors LLC grew its holdings in shares of Carlisle Companies by 50.5% during the 4th quarter. Birch Hill Investment Advisors LLC now owns 14,374 shares of the conglomerate’s stock valued at $4,491,000 after purchasing an additional 4,820 shares during the last quarter. Banco Santander S.A. bought a new stake in shares of Carlisle Companies during the 3rd quarter valued at approximately $341,000. Exchange Traded Concepts LLC bought a new stake in shares of Carlisle Companies during the 4th quarter valued at approximately $1,093,000. Pacer Advisors Inc. grew its holdings in shares of Carlisle Companies by 5,351.1% during the 4th quarter. Pacer Advisors Inc. now owns 421,422 shares of the conglomerate’s stock valued at $131,665,000 after purchasing an additional 413,691 shares during the last quarter. Finally, Pathstone Family Office LLC grew its holdings in shares of Carlisle Companies by 63.6% during the 3rd quarter. Pathstone Family Office LLC now owns 3,152 shares of the conglomerate’s stock valued at $817,000 after purchasing an additional 1,225 shares during the last quarter. 89.52% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of Carlisle Companies in a report on Wednesday, April 3rd. They set a “buy” rating and a $455.00 price target on the stock. StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research report on Wednesday, February 7th. Robert W. Baird lifted their target price on shares of Carlisle Companies from $435.00 to $465.00 and gave the stock an “outperform” rating in a research report on Friday. Oppenheimer lifted their target price on shares of Carlisle Companies from $412.00 to $430.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Loop Capital lifted their target price on shares of Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Carlisle Companies presently has a consensus rating of “Moderate Buy” and an average price target of $398.33.

Carlisle Companies Stock Up 4.9 %

Shares of NYSE CSL opened at $400.56 on Friday. The company has a market capitalization of $19.15 billion, a P/E ratio of 23.22, a price-to-earnings-growth ratio of 1.36 and a beta of 0.93. Carlisle Companies Incorporated has a 52-week low of $205.10 and a 52-week high of $415.00. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.57 and a current ratio of 2.87. The company’s 50 day moving average price is $371.87 and its 200-day moving average price is $320.52.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.74 by $0.98. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $993.06 million. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.23%. Equities analysts forecast that Carlisle Companies Incorporated will post 18.72 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 16th were given a $0.85 dividend. The ex-dividend date was Thursday, February 15th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.85%. Carlisle Companies’s dividend payout ratio (DPR) is currently 19.71%.

Insider Transactions at Carlisle Companies

In other news, VP David W. Smith sold 700 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $338.54, for a total value of $236,978.00. Following the transaction, the vice president now owns 2,834 shares in the company, valued at approximately $959,422.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, VP David W. Smith sold 700 shares of Carlisle Companies stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $338.54, for a total value of $236,978.00. Following the completion of the sale, the vice president now owns 2,834 shares in the company, valued at approximately $959,422.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Lori A. Snyder sold 8,101 shares of Carlisle Companies stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the completion of the sale, the insider now owns 5,212 shares of the company’s stock, valued at approximately $1,770,203.68. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,255 shares of company stock worth $5,231,360. Company insiders own 1.50% of the company’s stock.

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.