IFM Investors Pty Ltd Buys 534 Shares of Carlisle Companies Incorporated (NYSE:CSL)

IFM Investors Pty Ltd increased its stake in Carlisle Companies Incorporated (NYSE:CSL) by 4.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,147 shares of the conglomerate’s stock after buying an additional 534 shares during the quarter. IFM Investors Pty Ltd’s holdings in Carlisle Companies were worth $5,463,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CANADA LIFE ASSURANCE Co grew its position in shares of Carlisle Companies by 7.4% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 68,008 shares of the conglomerate’s stock valued at $26,631,000 after acquiring an additional 4,692 shares during the period. Daiwa Securities Group Inc. increased its holdings in shares of Carlisle Companies by 51.2% during the 1st quarter. Daiwa Securities Group Inc. now owns 13,045 shares of the conglomerate’s stock worth $5,112,000 after acquiring an additional 4,415 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of Carlisle Companies by 887.3% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 13,891 shares of the conglomerate’s stock valued at $5,443,000 after purchasing an additional 12,484 shares during the last quarter. Silver Lake Advisory LLC bought a new position in shares of Carlisle Companies in the second quarter valued at about $608,000. Finally, Empowered Funds LLC lifted its stake in shares of Carlisle Companies by 1,523.0% during the 1st quarter. Empowered Funds LLC now owns 11,020 shares of the conglomerate’s stock worth $4,318,000 after buying an additional 10,341 shares during the last quarter. 89.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CSL has been the topic of several research analyst reports. StockNews.com cut shares of Carlisle Companies from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th. Oppenheimer increased their target price on Carlisle Companies from $480.00 to $505.00 and gave the stock an “outperform” rating in a research note on Tuesday. Finally, Robert W. Baird dropped their price target on Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a report on Friday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $475.00.

Insider Activity at Carlisle Companies

In other Carlisle Companies news, VP David W. Smith sold 600 shares of the stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $425.56, for a total transaction of $255,336.00. Following the sale, the vice president now directly owns 2,834 shares in the company, valued at $1,206,037.04. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.50% of the stock is owned by insiders.

Carlisle Companies Stock Performance

NYSE CSL opened at $417.26 on Friday. Carlisle Companies Incorporated has a 12-month low of $236.42 and a 12-month high of $481.26. The firm has a 50-day moving average price of $434.55 and a two-hundred day moving average price of $416.05. The company has a market capitalization of $19.86 billion, a P/E ratio of 24.19, a P/E/G ratio of 1.52 and a beta of 0.91. The company has a quick ratio of 2.50, a current ratio of 2.89 and a debt-to-equity ratio of 0.63.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.77 by $0.01. Carlisle Companies had a return on equity of 31.65% and a net margin of 27.88%. The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the company posted $4.68 earnings per share. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. Analysts anticipate that Carlisle Companies Incorporated will post 20.57 earnings per share for the current year.

Carlisle Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Tuesday, August 20th were given a $1.00 dividend. The ex-dividend date was Tuesday, August 20th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.96%. This is a boost from Carlisle Companies’s previous quarterly dividend of $0.85. Carlisle Companies’s dividend payout ratio (DPR) is presently 23.19%.

Carlisle Companies 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.