Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by IFM Investors Pty Ltd

IFM Investors Pty Ltd grew its stake in Carlisle Companies Incorporated (NYSE:CSL) by 4.4% during the first quarter, HoldingsChannel reports. The firm owned 11,009 shares of the conglomerate’s stock after purchasing an additional 467 shares during the quarter. IFM Investors Pty Ltd’s holdings in Carlisle Companies were worth $4,314,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of CSL. Commerce Bank increased its stake in Carlisle Companies by 1.4% in the 4th quarter. Commerce Bank now owns 2,457 shares of the conglomerate’s stock valued at $768,000 after buying an additional 34 shares during the period. Astoria Portfolio Advisors LLC. increased its stake in shares of Carlisle Companies by 5.0% during the first quarter. Astoria Portfolio Advisors LLC. now owns 711 shares of the conglomerate’s stock worth $265,000 after acquiring an additional 34 shares during the period. Allworth Financial LP increased its stake in shares of Carlisle Companies by 88.9% during the fourth quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 40 shares during the period. Coldstream Capital Management Inc. raised its holdings in Carlisle Companies by 2.1% during the third quarter. Coldstream Capital Management Inc. now owns 1,958 shares of the conglomerate’s stock worth $508,000 after purchasing an additional 41 shares in the last quarter. Finally, First Trust Direct Indexing L.P. lifted its position in Carlisle Companies by 5.5% in the first quarter. First Trust Direct Indexing L.P. now owns 785 shares of the conglomerate’s stock valued at $308,000 after purchasing an additional 41 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Insiders Place Their Bets

In related news, CEO D Christian Koch sold 6,454 shares of the business’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $347.53, for a total value of $2,242,958.62. Following the completion of the transaction, the chief executive officer now owns 86,652 shares of the company’s stock, valued at approximately $30,114,169.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Carlisle Companies news, CEO D Christian Koch sold 6,454 shares of Carlisle Companies stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $347.53, for a total value of $2,242,958.62. Following the completion of the sale, the chief executive officer now directly owns 86,652 shares of the company’s stock, valued at approximately $30,114,169.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Lori A. Snyder sold 8,101 shares of the stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $339.64, for a total value of $2,751,423.64. Following the transaction, the insider now directly owns 5,212 shares in the company, valued at approximately $1,770,203.68. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,255 shares of company stock valued at $5,231,360. Corporate insiders own 1.50% of the company’s stock.

Carlisle Companies Price Performance

Shares of NYSE:CSL traded up $18.53 during midday trading on Friday, hitting $400.56. 681,997 shares of the stock were exchanged, compared to its average volume of 251,156. The stock has a market cap of $19.15 billion, a P/E ratio of 23.22, a PEG ratio of 1.36 and a beta of 0.93. Carlisle Companies Incorporated has a twelve month low of $205.10 and a twelve month high of $415.00. The company has a 50 day moving average price of $371.87 and a 200-day moving average price of $320.12. The company has a current ratio of 2.87, a quick ratio of 2.57 and a debt-to-equity ratio of 0.67.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $0.98. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.23%. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $993.06 million. On average, research analysts forecast that Carlisle Companies Incorporated will post 18.72 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were issued a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend was Thursday, February 15th. Carlisle Companies’s dividend payout ratio (DPR) is presently 19.71%.

Wall Street Analyst Weigh In

CSL has been the topic of several recent analyst reports. Robert W. Baird boosted their target price on Carlisle Companies from $435.00 to $465.00 and gave the stock an “outperform” rating in a research report on Friday. The Goldman Sachs Group started coverage on Carlisle Companies in a research report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 price objective for the company. Loop Capital boosted their target price on shares of Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. Finally, Oppenheimer boosted their price objective on shares of Carlisle Companies from $412.00 to $430.00 and gave the stock an “outperform” rating in a report on Friday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $398.33.

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.