Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC grew its stake in Carlisle Companies Incorporated (NYSE:CSL) by 4.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 205,438 shares of the conglomerate’s stock after purchasing an additional 8,665 shares during the period. TimesSquare Capital Management LLC’s holdings in Carlisle Companies were worth $64,185,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CSL. Allworth Financial LP grew its stake in shares of Carlisle Companies by 88.9% in the fourth quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 40 shares in the last quarter. Tennessee Valley Asset Management Partners acquired a new position in Carlisle Companies in the 4th quarter valued at about $40,000. Mendota Financial Group LLC acquired a new stake in shares of Carlisle Companies during the fourth quarter worth $53,000. Tobam acquired a new position in shares of Carlisle Companies during the fourth quarter worth about $59,000. Finally, Signaturefd LLC boosted its stake in shares of Carlisle Companies by 28.9% in the third quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock valued at $51,000 after buying an additional 44 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on CSL. The Goldman Sachs Group initiated coverage on shares of Carlisle Companies in a research report on Wednesday, April 3rd. They set a “buy” rating and a $455.00 target price on the stock. Loop Capital upped their target price on shares of Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a research note on Monday, April 1st. StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Oppenheimer lifted their target price on Carlisle Companies from $412.00 to $430.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Finally, Robert W. Baird lifted their target price on Carlisle Companies from $435.00 to $465.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Carlisle Companies currently has an average rating of “Moderate Buy” and an average price target of $416.00.

Carlisle Companies Trading Up 2.3 %

CSL traded up $9.37 during mid-day trading on Thursday, reaching $417.86. The stock had a trading volume of 274,013 shares, compared to its average volume of 286,882. The stock has a market capitalization of $20.01 billion, a P/E ratio of 24.07, a P/E/G ratio of 1.36 and a beta of 0.90. The company has a debt-to-equity ratio of 0.66, a quick ratio of 2.61 and a current ratio of 2.95. Carlisle Companies Incorporated has a 52 week low of $205.10 and a 52 week high of $417.86. The firm’s fifty day simple moving average is $379.68 and its two-hundred day simple moving average is $328.38.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $0.98. Carlisle Companies had a return on equity of 30.41% and a net margin of 17.13%. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $993.06 million. On average, equities analysts predict that Carlisle Companies Incorporated will post 19.51 EPS for the current year.

Carlisle Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Monday, May 20th will be issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 0.81%. The ex-dividend date of this dividend is Friday, May 17th. Carlisle Companies’s dividend payout ratio (DPR) is presently 19.71%.

Insider Transactions at Carlisle Companies

In other Carlisle Companies news, CEO D Christian Koch sold 6,454 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $347.53, for a total transaction of $2,242,958.62. Following the completion of the transaction, the chief executive officer now owns 86,652 shares in the company, valued at approximately $30,114,169.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Carlisle Companies news, VP David W. Smith sold 2,037 shares of the business’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $405.58, for a total value of $826,166.46. Following the transaction, the vice president now directly owns 2,834 shares in the company, valued at $1,149,413.72. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO D Christian Koch sold 6,454 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $347.53, for a total value of $2,242,958.62. Following the completion of the sale, the chief executive officer now owns 86,652 shares in the company, valued at $30,114,169.56. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,586 shares of company stock worth $3,504,388. Corporate 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.