Carlisle Companies Incorporated (NYSE:CSL) Stock Holdings Raised by Cwm LLC

Cwm LLC grew its stake in Carlisle Companies Incorporated (NYSE:CSL) by 41.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,508 shares of the conglomerate’s stock after purchasing an additional 1,027 shares during the quarter. Cwm LLC’s holdings in Carlisle Companies were worth $1,578,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Truist Financial Corp raised its stake in Carlisle Companies by 0.8% during the second quarter. Truist Financial Corp now owns 334,241 shares of the conglomerate’s stock valued at $135,438,000 after buying an additional 2,545 shares in the last quarter. TD Asset Management Inc boosted its holdings in Carlisle Companies by 2,073.5% in the second quarter. TD Asset Management Inc now owns 281,643 shares of the conglomerate’s stock worth $114,125,000 after purchasing an additional 268,685 shares during the period. Public Employees Retirement Association of Colorado raised its holdings in shares of Carlisle Companies by 2.9% during the second quarter. Public Employees Retirement Association of Colorado now owns 234,166 shares of the conglomerate’s stock worth $94,886,000 after purchasing an additional 6,613 shares during the period. Zurich Insurance Group Ltd FI lifted its position in shares of Carlisle Companies by 1.9% in the 2nd quarter. Zurich Insurance Group Ltd FI now owns 191,738 shares of the conglomerate’s stock worth $77,694,000 after buying an additional 3,504 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of Carlisle Companies by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 186,370 shares of the conglomerate’s stock valued at $73,029,000 after buying an additional 4,168 shares during the period. Institutional investors own 89.52% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CSL. Robert W. Baird increased their price objective on shares of Carlisle Companies from $500.00 to $506.00 and gave the stock an “outperform” rating in a research note on Tuesday. StockNews.com lowered Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $480.00 target price (up from $475.00) on shares of Carlisle Companies in a research report on Wednesday, September 4th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $470.25.

Insider Buying and Selling at Carlisle Companies

In other news, VP David W. Smith sold 600 shares of the company’s stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $425.56, for a total value of $255,336.00. Following the completion of the sale, the vice president now directly owns 2,834 shares of the company’s stock, valued at approximately $1,206,037.04. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, VP David W. Smith sold 600 shares of the business’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $425.56, for a total transaction of $255,336.00. Following the sale, the vice president now owns 2,834 shares of the company’s stock, valued at $1,206,037.04. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kevin P. Zdimal sold 21,470 shares of the stock in a transaction on Friday, July 26th. The shares were sold at an average price of $425.29, for a total value of $9,130,976.30. Following the transaction, the chief financial officer now directly owns 35,641 shares of the company’s stock, valued at approximately $15,157,760.89. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

Carlisle Companies Stock Performance

Shares of NYSE CSL opened at $471.56 on Wednesday. Carlisle Companies Incorporated has a 12-month low of $235.79 and a 12-month high of $481.26. The company has a market cap of $22.45 billion, a PE ratio of 27.34, a P/E/G ratio of 1.52 and a beta of 0.91. The stock has a 50 day simple moving average of $423.90 and a 200-day simple moving average of $412.76. The company has a current ratio of 2.89, a quick ratio of 2.50 and a debt-to-equity ratio of 0.63.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Wednesday, July 24th. The conglomerate reported $6.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.84 by $0.40. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.45 billion. Carlisle Companies had a return on equity of 31.65% and a net margin of 27.88%. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.18 EPS. On average, equities research analysts forecast that Carlisle Companies Incorporated will post 20.57 EPS for the current year.

Carlisle Companies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Tuesday, August 20th were given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend was Tuesday, August 20th. This is a positive change from Carlisle Companies’s previous quarterly dividend of $0.85. Carlisle Companies’s dividend payout ratio is currently 23.19%.

Carlisle Companies Company Profile

Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.