Tudor Investment Corp ET AL Makes New Investment in Carlisle Companies Incorporated $CSL

Tudor Investment Corp ET AL purchased a new stake in Carlisle Companies Incorporated (NYSE:CSL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,111 shares of the conglomerate’s stock, valued at approximately $3,655,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Swiss Life Asset Management Ltd lifted its position in shares of Carlisle Companies by 14.2% in the third quarter. Swiss Life Asset Management Ltd now owns 8,116 shares of the conglomerate’s stock worth $2,670,000 after purchasing an additional 1,007 shares in the last quarter. Greenfield Seitz Capital Management LLC grew its position in Carlisle Companies by 0.6% during the third quarter. Greenfield Seitz Capital Management LLC now owns 14,813 shares of the conglomerate’s stock valued at $4,873,000 after purchasing an additional 86 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in Carlisle Companies by 10.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,041 shares of the conglomerate’s stock valued at $343,000 after buying an additional 100 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in Carlisle Companies in the 3rd quarter worth approximately $510,000. Finally, Achmea Investment Management B.V. boosted its stake in shares of Carlisle Companies by 69.2% during the 3rd quarter. Achmea Investment Management B.V. now owns 55,524 shares of the conglomerate’s stock valued at $18,265,000 after buying an additional 22,699 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Carlisle Companies Price Performance

Shares of NYSE CSL opened at $333.27 on Friday. The firm has a 50-day simple moving average of $370.73 and a 200-day simple moving average of $344.66. The company has a quick ratio of 2.49, a current ratio of 3.09 and a debt-to-equity ratio of 1.60. The stock has a market capitalization of $13.62 billion, a price-to-earnings ratio of 19.48, a price-to-earnings-growth ratio of 1.09 and a beta of 0.91. Carlisle Companies Incorporated has a 52 week low of $293.43 and a 52 week high of $435.92.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, February 3rd. The conglomerate reported $3.90 earnings per share for the quarter, topping analysts’ consensus estimates of $3.60 by $0.30. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.11 billion. Carlisle Companies had a net margin of 14.76% and a return on equity of 41.58%. Carlisle Companies’s quarterly revenue was up .4% on a year-over-year basis. During the same period in the previous year, the business posted $4.47 earnings per share. On average, equities analysts predict that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

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

Insider Buying and Selling

In other news, insider Stephen Schwar sold 6,049 shares of Carlisle Companies stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $417.36, for a total transaction of $2,524,610.64. Following the transaction, the insider owned 8,540 shares in the company, valued at $3,564,254.40. The trade was a 41.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David W. Smith sold 1,800 shares of the business’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $414.05, for a total transaction of $745,290.00. Following the transaction, the vice president directly owned 3,697 shares in the company, valued at approximately $1,530,742.85. The trade was a 32.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 68,289 shares of company stock worth $28,125,467. 1.50% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. JPMorgan Chase & Co. upped their target price on Carlisle Companies from $400.00 to $420.00 and gave the stock an “overweight” rating in a research report on Monday, March 9th. William Blair reiterated a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, March 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of Carlisle Companies in a research note on Monday, December 29th. Zacks Research raised Carlisle Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Finally, Oppenheimer increased their price target on shares of Carlisle Companies from $400.00 to $435.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price 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.