Vanguard Trims Carlisle Cos Inc Stake to 3.7%

TL;DR

**Vanguard cut its stake in Carlisle to 3.7%, watch for other institutional moves.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, updating its beneficial ownership in Carlisle Companies Inc. As of December 29, 2023, Vanguard reported owning 8,639,186 shares of Carlisle's Common Stock, representing 3.7% of the company. This filing indicates a slight decrease in Vanguard's stake from its previous disclosure, which could signal a minor shift in institutional confidence or portfolio rebalancing.

Why It Matters

This matters to investors because Vanguard is a significant institutional holder, and changes in its position can reflect its view on Carlisle's future prospects or broader market trends affecting the stock.

Risk Assessment

Risk Level: low — A minor adjustment by a large institutional investor like Vanguard typically poses a low risk to the company's fundamentals or stock price.

Analyst Insight

Investors should note this minor institutional ownership change but focus more on Carlisle's operational performance and future earnings reports for significant investment decisions.

Key Numbers

• 8,639,186 — Shares Beneficially Owned (This is the total number of Carlisle Common Stock shares Vanguard reported owning.)
• 3.7% — Percentage of Class (This represents Vanguard's ownership percentage of Carlisle Companies Inc.'s common stock.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and institutional investor
• Carlisle Companies Inc (company) — issuer of the securities
• 8,639,186 (dollar_amount) — number of shares beneficially owned by Vanguard
• 3.7% (dollar_amount) — percentage of class beneficially owned by Vanguard
• December 29, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• Vanguard's slight reduction in stake suggests a minor rebalancing rather than a strong bearish signal. (Carlisle Companies Inc) — medium confidence, target: Next 3-6 months

FAQ

From the Filing

0001104659-24-020532.txt : 20240213 0001104659-24-020532.hdr.sgml : 20240213 20240213170059 ACCESSION NUMBER: 0001104659-24-020532 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CARLISLE COMPANIES INC CENTRAL INDEX KEY: 0000790051 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED RUBBER PRODUCTS, NEC [3060] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 311168055 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39538 FILM NUMBER: 24627680 BUSINESS ADDRESS: STREET 1: 16430 N. SCOTTSDALE RD. STREET 2: SUITE 400 CITY: SCOTTSDALE STATE: AZ ZIP: 85254 BUSINESS PHONE: 480-781-5000 MAIL ADDRESS: STREET 1: 16430 N. SCOTTSDALE RD. STREET 2: SUITE 400 CITY: SCOTTSDALE STATE: AZ ZIP: 85254 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv0535-carlislecosinc.htm SCHEDULE 13G/A carlislecosinc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 13)* Name of issuer:  Carlisle Cos Inc Title of Class of Securities:  Common Stock CUSIP Number:  142339100 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s))     13G CUSIP No.:  142339100 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 27,004 7.  SOLE DISPOSITIVE POWER 4,978,446 8.  SHARED DISPOSITIVE POWER 66,881 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,045,327 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10.36% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: Carlisle Cos Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 16430 North Scottsdale Road, Suite 400 Scottsdale, AZ 85254 Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930 Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355 Item 2(c) – Citizenship: Pennsylvania Item 2(d) - Title of Class of Securities: Common Stock Item 2(