229 Shares in Carlisle Companies Incorporated (NYSE:CSL) Acquired by Plato Investment Management Ltd

Plato Investment Management Ltd purchased a new position in shares of Carlisle Companies Incorporated (NYSE:CSL) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 229 shares of the conglomerate’s stock, valued at approximately $90,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its stake in shares of Carlisle Companies by 88.9% in the 4th quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 40 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Carlisle Companies in the 4th quarter valued at $31,000. Principal Securities Inc. acquired a new position in shares of Carlisle Companies in the 4th quarter valued at $32,000. Tennessee Valley Asset Management Partners acquired a new position in Carlisle Companies during the 4th quarter worth about $40,000. Finally, Robeco Institutional Asset Management B.V. lifted its stake in Carlisle Companies by 38.1% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 13,841 shares of the conglomerate’s stock worth $43,000 after acquiring an additional 3,815 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on CSL shares. The Goldman Sachs Group started coverage on Carlisle Companies in a report on Wednesday, April 3rd. They set a “buy” rating and a $455.00 price target on the stock. Robert W. Baird increased their price objective on Carlisle Companies from $465.00 to $500.00 and gave the company an “outperform” rating in a report on Monday, July 15th. Finally, Oppenheimer upped their target price on Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Carlisle Companies currently has an average rating of “Moderate Buy” and an average target price of $423.00.

Carlisle Companies Stock Performance

Carlisle Companies stock traded down $13.73 during mid-day trading on Thursday, reaching $404.85. 560,258 shares of the company were exchanged, compared to its average volume of 324,197. Carlisle Companies Incorporated has a twelve month low of $235.79 and a twelve month high of $443.87. The firm’s 50-day simple moving average is $416.07 and its two-hundred day simple moving average is $383.64. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.50 and a current ratio of 2.89. The firm has a market cap of $18.72 billion, a PE ratio of 23.47, a price-to-earnings-growth ratio of 1.35 and a beta of 0.90.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Wednesday, July 24th. The conglomerate reported $6.24 EPS for the quarter, beating the consensus estimate of $5.84 by $0.40. The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.45 billion. Carlisle Companies had a return on equity of 31.65% and a net margin of 27.88%. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period last year, the firm earned $5.18 EPS. Equities analysts predict that Carlisle Companies Incorporated will post 20.58 earnings per share for the current fiscal year.

Insider Activity

In related news, CAO Stephen Aldrich sold 1,095 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $397.50, for a total value of $435,262.50. Following the completion of the transaction, the chief accounting officer now directly owns 1,624 shares of the company’s stock, valued at approximately $645,540. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CAO Stephen Aldrich sold 1,095 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $397.50, for a total value of $435,262.50. Following the completion of the transaction, the chief accounting officer now directly owns 1,624 shares of the company’s stock, valued at approximately $645,540. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David W. Smith sold 2,037 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $405.58, for a total value of $826,166.46. Following the completion of the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at $1,149,413.72. The disclosure for this sale can be found here. Insiders sold 80,129 shares of company stock valued at $33,720,377 in the last three months. 1.50% of the stock is currently owned by company insiders.

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.