Vaughan Nelson Investment Management L.P. Purchases Shares of 239,560 Carlisle Companies Incorporated $CSL

Vaughan Nelson Investment Management L.P. bought a new position in Carlisle Companies Incorporated (NYSE:CSL) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 239,560 shares of the conglomerate’s stock, valued at approximately $76,626,000.

Several other large investors have also recently bought and sold shares of the business. Blue Trust Inc. increased its position in Carlisle Companies by 4.9% in the 3rd quarter. Blue Trust Inc. now owns 679 shares of the conglomerate’s stock worth $223,000 after purchasing an additional 32 shares during the last quarter. Illinois Municipal Retirement Fund raised its holdings in Carlisle Companies by 0.6% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 5,621 shares of the conglomerate’s stock worth $1,849,000 after acquiring an additional 33 shares during the period. SBI Securities Co. Ltd. lifted its position in shares of Carlisle Companies by 43.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 113 shares of the conglomerate’s stock worth $37,000 after purchasing an additional 34 shares during the last quarter. Mackenzie Financial Corp boosted its position in shares of Carlisle Companies by 1.0% in the third quarter. Mackenzie Financial Corp now owns 3,525 shares of the conglomerate’s stock valued at $1,160,000 after acquiring an additional 34 shares during the period. Finally, Nicolet Advisory Services LLC grew its position in Carlisle Companies by 3.5% in the 3rd quarter. Nicolet Advisory Services LLC now owns 1,037 shares of the conglomerate’s stock worth $337,000 after purchasing an additional 35 shares during the last quarter. 89.52% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, insider Stephen Schwar sold 6,049 shares of the business’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $417.36, for a total value of $2,524,610.64. Following the completion of the sale, the insider owned 8,540 shares of the company’s stock, valued at $3,564,254.40. The trade was a 41.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO D Christian Koch sold 36,260 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $413.38, for a total transaction of $14,989,158.80. Following the transaction, the chief executive officer owned 113,238 shares in the company, valued at approximately $46,810,324.44. The trade was a 24.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 68,289 shares of company stock worth $28,125,467. Insiders own 1.30% of the company’s stock.

Carlisle Companies Stock Up 0.1%

Shares of CSL stock opened at $325.98 on Tuesday. The firm’s 50-day moving average is $369.18 and its 200-day moving average is $343.23. Carlisle Companies Incorporated has a 52-week low of $293.43 and a 52-week high of $435.92. The stock has a market cap of $13.33 billion, a price-to-earnings ratio of 19.05, a PEG ratio of 1.04 and a beta of 0.91. The company has a debt-to-equity ratio of 1.60, a quick ratio of 2.49 and a current ratio of 3.09.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Tuesday, February 3rd. The conglomerate reported $3.90 EPS for the quarter, beating the consensus estimate of $3.60 by $0.30. Carlisle Companies had a net margin of 14.76% and a return on equity of 41.58%. The firm had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the previous year, the company earned $4.47 earnings per share. The company’s quarterly revenue was up .4% on a year-over-year basis. Sell-side analysts predict that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Tuesday, February 17th. Carlisle Companies’s payout ratio is presently 25.72%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on CSL shares. Robert W. Baird set a $420.00 price target on shares of Carlisle Companies in a research report on Wednesday, February 4th. JPMorgan Chase & Co. raised their price target on shares of Carlisle Companies from $400.00 to $420.00 and gave the company an “overweight” rating in a report on Monday, March 9th. Oppenheimer lifted their price target on shares of Carlisle Companies from $400.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. William Blair reissued a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, March 18th. Finally, Zacks Research upgraded shares of Carlisle Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Four investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $399.17.

Carlisle Companies Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.