American Century Companies Inc. Has $29.99 Million Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

American Century Companies Inc. boosted its position in Carlisle Companies Incorporated (NYSE:CSL) by 18.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 74,021 shares of the conglomerate’s stock after acquiring an additional 11,668 shares during the period. American Century Companies Inc. owned 0.16% of Carlisle Companies worth $29,994,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Equitable Trust Co. boosted its stake in shares of Carlisle Companies by 0.4% in the 2nd quarter. Equitable Trust Co. now owns 8,589 shares of the conglomerate’s stock valued at $3,480,000 after purchasing an additional 30 shares during the last quarter. Commerce Bank boosted its stake in Carlisle Companies by 1.4% in the fourth quarter. Commerce Bank now owns 2,457 shares of the conglomerate’s stock valued at $768,000 after acquiring an additional 34 shares during the last quarter. Astoria Portfolio Advisors LLC. grew its holdings in Carlisle Companies by 5.0% during the 1st 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. CWM LLC raised its position in shares of Carlisle Companies by 1.6% during the 2nd quarter. CWM LLC now owns 2,481 shares of the conglomerate’s stock valued at $1,005,000 after acquiring an additional 38 shares during the last quarter. Finally, First Trust Direct Indexing L.P. lifted its stake in shares of Carlisle Companies by 5.5% in the 1st 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. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Carlisle Companies news, CFO Kevin P. Zdimal sold 21,470 shares of Carlisle Companies stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $425.29, for a total value of $9,130,976.30. Following the sale, the chief financial officer now owns 35,641 shares of the company’s stock, valued at approximately $15,157,760.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Carlisle Companies news, VP David W. Smith sold 600 shares of Carlisle Companies stock in a transaction 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 sale, the vice president now directly owns 2,834 shares in the company, valued at approximately $1,206,037.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kevin P. Zdimal sold 21,470 shares of the 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 transaction, the chief financial officer now owns 35,641 shares of the company’s stock, valued at $15,157,760.89. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Carlisle Companies Stock Up 1.2 %

Shares of Carlisle Companies stock opened at $425.32 on Thursday. The company has a market capitalization of $20.25 billion, a P/E ratio of 24.66, a price-to-earnings-growth ratio of 1.30 and a beta of 0.90. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.89 and a quick ratio of 2.50. The business has a 50-day moving average of $410.03 and a two-hundred day moving average of $401.61. Carlisle Companies Incorporated has a 1 year low of $235.79 and a 1 year high of $443.87.

Carlisle Companies (NYSE:CSL) last posted its 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. Carlisle Companies had a return on equity of 31.65% and a net margin of 27.88%. The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.45 billion. During the same period in the prior year, the business earned $5.18 EPS. Carlisle Companies’s revenue for the quarter was up 11.0% compared to the same quarter last year. As a group, equities analysts predict that Carlisle Companies Incorporated will post 20.58 EPS for the current year.

Carlisle Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Tuesday, August 20th were given a $1.00 dividend. This is a boost from Carlisle Companies’s previous quarterly dividend of $0.85. This represents a $4.00 annualized dividend and a yield of 0.94%. The ex-dividend date was Tuesday, August 20th. Carlisle Companies’s payout ratio is currently 23.19%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Robert W. Baird upped 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. StockNews.com cut Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th. Finally, Oppenheimer reissued an “outperform” rating and set a $480.00 price objective (up previously from $475.00) on shares of Carlisle Companies in a research note on Wednesday, September 4th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $433.00.

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.