GSA Capital Partners LLP bought a new stake in shares of Carlisle Companies, Inc. (NYSE:CSL) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,972 shares of the conglomerate’s stock, valued at approximately $1,458,000.
Other institutional investors have also recently made changes to their positions in the company. Ontario Teachers Pension Plan Board acquired a new position in shares of Carlisle Companies during the second quarter valued at approximately $248,000. Janus Henderson Group PLC raised its holdings in shares of Carlisle Companies by 4.4% during the second quarter. Janus Henderson Group PLC now owns 4,286,431 shares of the conglomerate’s stock valued at $464,263,000 after acquiring an additional 181,769 shares during the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of Carlisle Companies by 2.8% during the second quarter. Oregon Public Employees Retirement Fund now owns 24,915 shares of the conglomerate’s stock valued at $2,699,000 after acquiring an additional 690 shares during the last quarter. Marshall Wace LLP raised its holdings in shares of Carlisle Companies by 20.2% during the second quarter. Marshall Wace LLP now owns 19,106 shares of the conglomerate’s stock valued at $2,069,000 after acquiring an additional 3,210 shares during the last quarter. Finally, Meadow Creek Investment Management LLC raised its holdings in shares of Carlisle Companies by 72.0% during the second quarter. Meadow Creek Investment Management LLC now owns 44,506 shares of the conglomerate’s stock valued at $4,820,000 after acquiring an additional 18,634 shares during the last quarter. 87.33% of the stock is owned by institutional investors and hedge funds.
In related news, Director David A. Roberts sold 36,533 shares of the stock in a transaction that occurred on Thursday, September 13th. The stock was sold at an average price of $127.52, for a total value of $4,658,688.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 2.40% of the stock is currently owned by company insiders.
NYSE:CSL opened at $99.52 on Friday. Carlisle Companies, Inc. has a one year low of $92.16 and a one year high of $129.47. The company has a quick ratio of 2.55, a current ratio of 3.27 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $6.02 billion, a P/E ratio of 17.35, a P/E/G ratio of 1.20 and a beta of 1.12.
Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, October 23rd. The conglomerate reported $1.59 EPS for the quarter, missing the consensus estimate of $1.73 by ($0.14). Carlisle Companies had a net margin of 14.21% and a return on equity of 13.47%. The company had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period in the prior year, the business posted $1.37 EPS. Carlisle Companies’s revenue for the quarter was up 17.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Carlisle Companies, Inc. will post 5.61 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Monday, December 3rd. Investors of record on Monday, November 19th were issued a $0.40 dividend. The ex-dividend date of this dividend was Friday, November 16th. This represents a $1.60 annualized dividend and a dividend yield of 1.61%. Carlisle Companies’s dividend payout ratio is presently 28.93%.
CSL has been the subject of a number of research analyst reports. B. Riley set a $130.00 target price on Carlisle Companies and gave the company a “buy” rating in a report on Thursday, October 25th. Oppenheimer reissued a “hold” rating on shares of Carlisle Companies in a report on Thursday, October 4th. Zacks Investment Research cut Carlisle Companies from a “buy” rating to a “hold” rating in a report on Monday, August 13th. BMO Capital Markets cut Carlisle Companies from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $140.00 to $125.00 in a report on Monday, October 8th. Finally, ValuEngine cut Carlisle Companies from a “buy” rating to a “hold” rating in a report on Tuesday, October 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $128.50.
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Carlisle Companies Company Profile
Carlisle Companies Incorporated operates as a diversified manufacturing company. The company's Carlisle Construction Materials segment provides insulation materials; thermoplastic polyolefin, ehtylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.
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