Ensign Peak Advisors Inc Sells 170 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Ensign Peak Advisors Inc reduced its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 0.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,467 shares of the conglomerate’s stock after selling 170 shares during the period. Ensign Peak Advisors Inc owned approximately 0.06% of Carlisle Companies worth $11,535,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Summit Trail Advisors LLC raised its holdings in shares of Carlisle Companies by 67.5% during the 2nd quarter. Summit Trail Advisors LLC now owns 3,307 shares of the conglomerate’s stock worth $1,340,000 after buying an additional 1,333 shares in the last quarter. Skandinaviska Enskilda Banken AB publ raised its stake in Carlisle Companies by 70.6% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 52,917 shares of the conglomerate’s stock worth $21,442,000 after acquiring an additional 21,899 shares in the last quarter. Bridges Investment Management Inc. bought a new position in shares of Carlisle Companies in the second quarter worth about $721,000. Public Employees Retirement Association of Colorado boosted its stake in shares of Carlisle Companies by 2.9% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 234,166 shares of the conglomerate’s stock valued at $94,886,000 after purchasing an additional 6,613 shares in the last quarter. Finally, Intech Investment Management LLC grew its holdings in shares of Carlisle Companies by 1,423.6% during the 2nd quarter. Intech Investment Management LLC now owns 31,676 shares of the conglomerate’s stock valued at $12,835,000 after purchasing an additional 29,597 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Trading Up 1.3 %

NYSE:CSL opened at $442.48 on Tuesday. Carlisle Companies Incorporated has a 52 week low of $235.79 and a 52 week high of $444.50. 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’s fifty day moving average is $410.82 and its 200-day moving average is $403.79. The firm has a market cap of $21.06 billion, a P/E ratio of 25.65, a P/E/G ratio of 1.30 and a beta of 0.90.

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

Carlisle Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Tuesday, August 20th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, August 20th. This represents a $4.00 annualized dividend and a yield of 0.90%. This is an increase from Carlisle Companies’s previous quarterly dividend of $0.85. Carlisle Companies’s dividend payout ratio is 23.19%.

Analyst Ratings Changes

CSL has been the topic of a number of research analyst reports. Robert W. Baird raised their target price on shares of Carlisle Companies from $465.00 to $500.00 and gave the company an “outperform” rating in a research report on Monday, July 15th. Oppenheimer restated an “outperform” rating and set a $480.00 price target (up from $475.00) on shares of Carlisle Companies in a report on Wednesday, September 4th. Finally, StockNews.com downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $433.00.

Insider Transactions at Carlisle Companies

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

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.