Integrated Quantitative Investments LLC Buys New Stake in Carlisle Companies Incorporated (NYSE:CSL)

Integrated Quantitative Investments LLC purchased a new stake in Carlisle Companies Incorporated (NYSE:CSL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 805 shares of the conglomerate’s stock, valued at approximately $297,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC boosted its holdings in Carlisle Companies by 475.0% during the fourth quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate’s stock worth $25,000 after buying an additional 57 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Carlisle Companies by 95.1% in the fourth quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate’s stock worth $59,000 after acquiring an additional 78 shares during the period. Quarry LP boosted its stake in shares of Carlisle Companies by 75.0% during the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate’s stock worth $60,000 after acquiring an additional 57 shares in the last quarter. UMB Bank n.a. grew its position in shares of Carlisle Companies by 55.4% during the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate’s stock valued at $69,000 after acquiring an additional 67 shares during the period. Finally, Generali Asset Management SPA SGR purchased a new position in shares of Carlisle Companies in the 4th quarter valued at about $93,000. 89.52% of the stock is owned by institutional investors and hedge funds.

Carlisle Companies Stock Down 0.1 %

Shares of NYSE:CSL opened at $326.87 on Friday. The company has a market capitalization of $14.43 billion, a price-to-earnings ratio of 11.83, a PEG ratio of 1.03 and a beta of 0.94. Carlisle Companies Incorporated has a 12-month low of $312.60 and a 12-month high of $481.26. The business has a 50-day moving average price of $348.76 and a 200 day moving average price of $398.95. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, beating analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. During the same quarter in the previous year, the firm earned $4.17 earnings per share. Sell-side analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio (DPR) is 14.48%.

Insider Transactions at Carlisle Companies

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $349.24, for a total transaction of $366,702.00. Following the sale, the director now directly owns 2,665 shares in the company, valued at $930,724.60. This represents a 28.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Mehul Patel sold 150 shares of the firm’s stock in a transaction that occurred on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total transaction of $52,579.50. Following the completion of the transaction, the vice president now directly owns 815 shares of the company’s stock, valued at approximately $285,681.95. The trade was a 15.54 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CSL shares. Oppenheimer reiterated an “outperform” rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Loop Capital decreased their price objective on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a report on Friday, January 10th. Finally, The Goldman Sachs Group dropped their price target on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $476.00.

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.