Carlisle Companies Incorporated (NYSE:CSL) Holdings Raised by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC raised its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 12.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,496 shares of the conglomerate’s stock after buying an additional 514 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Carlisle Companies were worth $1,821,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CSL. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Carlisle Companies during the second quarter valued at $32,000. ORG Partners LLC acquired a new stake in shares of Carlisle Companies during the 2nd quarter valued at about $31,000. Gilliland Jeter Wealth Management LLC bought a new stake in shares of Carlisle Companies in the 2nd quarter valued at approximately $39,000. V Square Quantitative Management LLC acquired a new position in Carlisle Companies in the fourth quarter worth approximately $31,000. Finally, Principal Securities Inc. bought a new position in Carlisle Companies during the fourth quarter valued at approximately $32,000. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Carlisle Companies Stock Performance

NYSE:CSL opened at $436.98 on Friday. The firm has a market capitalization of $20.80 billion, a PE ratio of 25.33, a PEG ratio of 1.30 and a beta of 0.90. Carlisle Companies Incorporated has a 1 year low of $235.79 and a 1 year high of $443.87. The company has a current ratio of 2.89, a quick ratio of 2.50 and a debt-to-equity ratio of 0.63. The firm’s fifty day simple moving average is $410.59 and its 200 day simple moving average is $402.95.

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

Carlisle Companies Increases Dividend

The firm also recently declared 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 is a positive change from Carlisle Companies’s previous quarterly dividend of $0.85. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.92%. Carlisle Companies’s payout ratio is 23.19%.

Insider Activity

In related news, CFO Kevin P. Zdimal sold 21,470 shares of the business’s 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 transaction, 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, VP David W. Smith sold 600 shares of the stock in a transaction dated 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 sale, the vice president now owns 2,834 shares in the company, valued at $1,206,037.04. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, 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 directly owns 35,641 shares in the company, valued at $15,157,760.89. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. StockNews.com lowered shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th. Oppenheimer reissued 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, Robert W. Baird boosted their price target on Carlisle Companies from $465.00 to $500.00 and gave the stock an “outperform” rating in a research report on Monday, July 15th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Carlisle Companies has an average rating of “Moderate Buy” and a consensus target price 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.