1,078 Shares in Carlisle Companies Incorporated (NYSE:CSL) Purchased by Symmetry Investments LP

Symmetry Investments LP acquired a new position in shares of Carlisle Companies Incorporated (NYSE:CSL) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,078 shares of the conglomerate’s stock, valued at approximately $437,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CSL. Private Advisor Group LLC acquired a new stake in Carlisle Companies during the fourth quarter worth about $238,000. Principal Securities Inc. purchased a new position in Carlisle Companies during the fourth quarter worth about $32,000. Jump Financial LLC purchased a new position in Carlisle Companies during the fourth quarter worth about $250,000. Janney Montgomery Scott LLC purchased a new position in Carlisle Companies during the fourth quarter worth about $2,540,000. Finally, Robeco Institutional Asset Management B.V. boosted its stake in Carlisle Companies by 38.1% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 13,841 shares of the conglomerate’s stock worth $43,000 after buying an additional 3,815 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Trading Down 0.4 %

NYSE CSL opened at $436.98 on Friday. The firm has a 50 day simple moving average of $410.59 and a 200-day simple moving average of $402.95. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.50 and a current ratio of 2.89. Carlisle Companies Incorporated has a one year low of $235.79 and a one year high of $443.87. The firm has a market cap of $20.80 billion, a price-to-earnings ratio of 25.33, a PEG ratio of 1.30 and a beta of 0.90.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data 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 analyst estimates of $1.45 billion. Carlisle Companies had a net margin of 27.88% and a return on equity of 31.65%. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm posted $5.18 earnings per share. Equities research analysts anticipate that Carlisle Companies Incorporated will post 20.58 EPS for the current fiscal year.

Carlisle Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Tuesday, August 20th were issued a $1.00 dividend. This is a boost from Carlisle Companies’s previous quarterly dividend of $0.85. The ex-dividend date was Tuesday, August 20th. This represents a $4.00 annualized dividend and a yield of 0.92%. Carlisle Companies’s dividend payout ratio (DPR) is 23.19%.

Insider Activity at Carlisle Companies

In related news, CFO Kevin P. Zdimal sold 21,470 shares of the firm’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 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 $15,157,760.89. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, CFO Kevin P. Zdimal sold 21,470 shares of the firm’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 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 $15,157,760.89. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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 directly owns 2,834 shares in the company, valued at approximately $1,206,037.04. The disclosure for this sale can be found here. 1.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

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

About Carlisle Companies

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.