WINTON GROUP Ltd Invests $609,000 in Carlisle Companies Incorporated $CSL

WINTON GROUP Ltd purchased a new stake in Carlisle Companies Incorporated (NYSE:CSL) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,680 shares of the conglomerate’s stock, valued at approximately $609,000.

Other institutional investors have also recently modified their holdings of the company. California State Teachers Retirement System raised its position in Carlisle Companies by 29,027.9% in the second quarter. California State Teachers Retirement System now owns 20,404,688 shares of the conglomerate’s stock worth $7,401,801,000 after acquiring an additional 20,334,636 shares in the last quarter. BlackRock Inc. acquired a new stake in Carlisle Companies in the second quarter valued at $1,499,602,000. Bank of New York Mellon Corp boosted its position in shares of Carlisle Companies by 26.8% during the 1st quarter. Bank of New York Mellon Corp now owns 1,191,660 shares of the conglomerate’s stock worth $397,561,000 after purchasing an additional 251,614 shares in the last quarter. Sands Capital Management LLC boosted its position in shares of Carlisle Companies by 13.9% during the 4th quarter. Sands Capital Management LLC now owns 967,640 shares of the conglomerate’s stock worth $309,509,000 after purchasing an additional 118,139 shares in the last quarter. Finally, Bessemer Group Inc. grew its stake in shares of Carlisle Companies by 3.0% during the 1st quarter. Bessemer Group Inc. now owns 620,699 shares of the conglomerate’s stock worth $207,078,000 after purchasing an additional 17,847 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CSL has been the subject of several recent analyst reports. DA Davidson began coverage on shares of Carlisle Companies in a research note on Monday, August 24th. They issued a “neutral” rating and a $410.00 price objective for the company. Weiss Ratings cut shares of Carlisle Companies from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday. Truist Financial reduced their price target on shares of Carlisle Companies from $360.00 to $340.00 and set a “hold” rating for the company in a research report on Tuesday, July 7th. Finally, Robert W. Baird set a $412.00 price target on Carlisle Companies in a report on Thursday, July 30th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Carlisle Companies presently has an average rating of “Hold” and a consensus price target of $402.43.

Carlisle Companies Trading Down 2.2%

Shares of CSL opened at $327.78 on Tuesday. The company has a market capitalization of $13.02 billion, a PE ratio of 18.81, a price-to-earnings-growth ratio of 1.05 and a beta of 0.84. The stock has a fifty day moving average of $352.76 and a two-hundred day moving average of $352.03. Carlisle Companies Incorporated has a fifty-two week low of $293.43 and a fifty-two week high of $432.91. The company has a debt-to-equity ratio of 1.78, a quick ratio of 2.04 and a current ratio of 2.60.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings results on Wednesday, July 29th. The conglomerate reported $7.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.35 by $0.68. The firm had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.48 billion. Carlisle Companies had a return on equity of 47.58% and a net margin of 14.21%.The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same period last year, the company earned $6.27 EPS. As a group, analysts forecast that Carlisle Companies Incorporated will post 21.27 EPS for the current year.

Carlisle Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Wednesday, August 19th were given a $1.25 dividend. This is an increase from Carlisle Companies’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $5.00 annualized dividend and a dividend yield of 1.5%. Carlisle Companies’s dividend payout ratio is 28.69%.

Carlisle Companies Company Profile

Carlisle Companies Incorporated is a diversified manufacturer focused primarily on building products and construction materials. Through its Carlisle Construction Materials and Carlisle Weatherproofing Technologies businesses, the company provides products designed to improve the performance, energy efficiency and durability of commercial and residential buildings.

Its product portfolio includes commercial roofing systems, insulation, waterproofing and air-barrier solutions, architectural metal products, and related building-envelope components.