Dynamic Technology Lab Private Ltd Makes New $1.47 Million Investment in Carlisle Companies Incorporated (NYSE:CSL)

Dynamic Technology Lab Private Ltd acquired a new position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,990 shares of the conglomerate's stock, valued at approximately $1,472,000.

Several other institutional investors have also modified their holdings of the stock. Redwood Investment Management LLC grew its holdings in Carlisle Companies by 4.1% during the 3rd quarter. Redwood Investment Management LLC now owns 3,515 shares of the conglomerate's stock valued at $1,563,000 after purchasing an additional 138 shares during the last quarter. Quarry LP lifted its position in shares of Carlisle Companies by 75.0% in the 3rd quarter. Quarry LP now owns 133 shares of the conglomerate's stock worth $60,000 after purchasing an additional 57 shares during the period. Quantinno Capital Management LP lifted its holdings in Carlisle Companies by 417.9% during the third quarter. Quantinno Capital Management LP now owns 7,867 shares of the conglomerate's stock worth $3,538,000 after buying an additional 6,348 shares during the period. Stifel Financial Corp boosted its position in Carlisle Companies by 17.3% during the third quarter. Stifel Financial Corp now owns 37,599 shares of the conglomerate's stock valued at $16,909,000 after purchasing an additional 5,555 shares in the last quarter. Finally, Weiss Asset Management LP bought a new stake in shares of Carlisle Companies in the 3rd quarter valued at about $1,414,000. 89.52% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, 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 sale, the vice president now owns 815 shares of the company's stock, valued at $285,681.95. This trade represents a 15.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $349.24, for a total transaction of $366,702.00. Following the transaction, the director now directly owns 2,665 shares of the company's stock, valued at approximately $930,724.60. This trade represents a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.40% of the stock is owned by insiders.

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Carlisle Companies Stock Performance

Shares of NYSE:CSL traded down $7.06 during trading on Thursday, hitting $335.47. The stock had a trading volume of 158,810 shares, compared to its average volume of 381,847. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. Carlisle Companies Incorporated has a 12-month low of $311.41 and a 12-month high of $481.26. The stock has a market capitalization of $14.81 billion, a price-to-earnings ratio of 12.10, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94. The stock has a 50-day simple moving average of $342.35 and a two-hundred day simple moving average of $395.50.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share (EPS) for the quarter, topping 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 last year, the firm posted $4.17 earnings per share. On average, equities research analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.19%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies's payout ratio is 14.48%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CSL. The Goldman Sachs Group decreased their price objective on Carlisle Companies from $520.00 to $465.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Oppenheimer reiterated an "outperform" rating and issued a $495.00 price target (down from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th. Finally, Loop Capital cut their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a "buy" rating on the stock in a report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Carlisle Companies currently has an average rating of "Moderate Buy" and an average target price 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.