Kapitalo Investimentos Ltda Sells 142 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Kapitalo Investimentos Ltda trimmed its position in Carlisle Companies Incorporated (NYSE:CSL) by 21.6% during the third quarter, Holdings Channel reports. The firm owned 515 shares of the conglomerate’s stock after selling 142 shares during the quarter. Kapitalo Investimentos Ltda’s holdings in Carlisle Companies were worth $232,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. TD Asset Management Inc lifted its position in shares of Carlisle Companies by 2,073.5% in the second quarter. TD Asset Management Inc now owns 281,643 shares of the conglomerate’s stock valued at $114,125,000 after buying an additional 268,685 shares during the last quarter. Epoch Investment Partners Inc. bought a new position in shares of Carlisle Companies in the second quarter valued at about $65,041,000. Wellington Management Group LLP lifted its stake in shares of Carlisle Companies by 1,074.0% during the 4th quarter. Wellington Management Group LLP now owns 152,001 shares of the conglomerate’s stock worth $47,490,000 after buying an additional 139,054 shares during the last quarter. Swedbank AB bought a new stake in shares of Carlisle Companies during the 1st quarter worth about $31,218,000. Finally, Shellback Capital LP grew its stake in Carlisle Companies by 451.9% in the 2nd quarter. Shellback Capital LP now owns 80,118 shares of the conglomerate’s stock valued at $32,465,000 after buying an additional 65,600 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Price Performance

Carlisle Companies stock opened at $462.36 on Thursday. The stock’s fifty day moving average price is $425.61 and its two-hundred day moving average price is $413.11. The firm has a market cap of $22.01 billion, a PE ratio of 26.80, a price-to-earnings-growth ratio of 1.52 and a beta of 0.91. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.89 and a quick ratio of 2.50. Carlisle Companies Incorporated has a one year low of $235.79 and a one year high of $481.26.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Wednesday, July 24th. The conglomerate reported $6.24 EPS for the quarter, beating analysts’ consensus estimates of $5.84 by $0.40. The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.45 billion. Carlisle Companies had a return on equity of 31.65% and a net margin of 27.88%. Carlisle Companies’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.18 earnings per share. As a group, research analysts expect that Carlisle Companies Incorporated will post 20.57 EPS for the current fiscal year.

Carlisle Companies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Tuesday, August 20th were given a dividend of $1.00 per share. This is a positive change from Carlisle Companies’s previous quarterly dividend of $0.85. The ex-dividend date of this dividend was Tuesday, August 20th. This represents a $4.00 annualized dividend and a dividend yield of 0.87%. Carlisle Companies’s dividend payout ratio (DPR) is currently 23.19%.

Insider Activity at Carlisle Companies

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

Analysts Set New Price Targets

CSL has been the subject of a number of research analyst reports. Oppenheimer restated an “outperform” rating and set a $480.00 price objective (up previously from $475.00) on shares of Carlisle Companies in a report on Wednesday, September 4th. StockNews.com lowered Carlisle Companies from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th. Finally, Robert W. Baird boosted their target price on shares of Carlisle Companies from $500.00 to $506.00 and gave the company an “outperform” rating in a research report on Tuesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $470.25.

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.