XTX Topco Ltd Purchases 4,693 Shares of Carlisle Companies Incorporated (NYSE:CSL)

XTX Topco Ltd raised its position in Carlisle Companies Incorporated (NYSE:CSL) by 349.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,036 shares of the conglomerate’s stock after purchasing an additional 4,693 shares during the quarter. XTX Topco Ltd’s holdings in Carlisle Companies were worth $2,446,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in CSL. Norges Bank bought a new stake in shares of Carlisle Companies during the 4th quarter worth approximately $159,187,000. Madison Asset Management LLC grew its holdings in shares of Carlisle Companies by 2.9% in the fourth quarter. Madison Asset Management LLC now owns 401,528 shares of the conglomerate’s stock worth $125,449,000 after purchasing an additional 11,464 shares during the last quarter. TD Asset Management Inc increased its stake in Carlisle Companies by 2,073.5% in the 2nd quarter. TD Asset Management Inc now owns 281,643 shares of the conglomerate’s stock worth $114,125,000 after buying an additional 268,685 shares during the period. Public Employees Retirement Association of Colorado lifted its holdings in Carlisle Companies by 666.0% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 227,949 shares of the conglomerate’s stock valued at $71,218,000 after buying an additional 198,191 shares in the last quarter. Finally, Zurich Insurance Group Ltd FI boosted its position in Carlisle Companies by 2.6% in the 1st quarter. Zurich Insurance Group Ltd FI now owns 188,234 shares of the conglomerate’s stock valued at $73,759,000 after buying an additional 4,782 shares during the period. Institutional investors own 89.52% of the company’s stock.

Carlisle Companies Stock Up 1.2 %

Carlisle Companies stock opened at $425.32 on Thursday. The company has a quick ratio of 2.50, a current ratio of 2.89 and a debt-to-equity ratio of 0.63. The firm has a market cap of $20.25 billion, a P/E ratio of 24.66, a P/E/G ratio of 1.30 and a beta of 0.90. The business has a fifty day moving average of $410.03 and a two-hundred day moving average of $401.61. Carlisle Companies Incorporated has a twelve month low of $235.79 and a twelve month high of $443.87.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings data on Wednesday, July 24th. The conglomerate reported $6.24 earnings per share for the quarter, topping analysts’ consensus estimates of $5.84 by $0.40. The firm 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 firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the business posted $5.18 EPS. On average, analysts forecast that Carlisle Companies Incorporated will post 20.58 earnings per share for the current fiscal year.

Carlisle Companies Increases Dividend

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

Insider Activity at Carlisle Companies

In other Carlisle Companies news, CFO Kevin P. Zdimal sold 21,470 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $425.29, for a total transaction 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 legal filing with the SEC, which can be accessed through the SEC website. In other news, CFO Kevin P. Zdimal sold 21,470 shares of Carlisle Companies stock in a transaction on Friday, July 26th. The shares were 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP David W. Smith sold 600 shares of the company’s 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 completion of the transaction, the vice president now directly owns 2,834 shares in the company, valued at $1,206,037.04. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Robert W. Baird lifted their price target on shares of Carlisle Companies from $465.00 to $500.00 and gave the company an “outperform” rating in a research note on Monday, July 15th. Oppenheimer reaffirmed an “outperform” rating and set a $480.00 target price (up from $475.00) on shares of Carlisle Companies in a research report on Wednesday, September 4th. Finally, StockNews.com downgraded Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $433.00.

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.