Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by Holocene Advisors LP

Holocene Advisors LP grew its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 151.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 176,974 shares of the conglomerate's stock after acquiring an additional 106,539 shares during the quarter. Holocene Advisors LP owned about 0.39% of Carlisle Companies worth $79,594,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. True Wealth Design LLC grew its stake in Carlisle Companies by 1,400.0% in the 3rd quarter. True Wealth Design LLC now owns 75 shares of the conglomerate's stock worth $34,000 after acquiring an additional 70 shares during the period. Edgestream Partners L.P. purchased a new stake in shares of Carlisle Companies in the third quarter valued at $5,100,000. Caisse DE Depot ET Placement DU Quebec increased its stake in Carlisle Companies by 6,405.8% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate's stock valued at $80,757,000 after purchasing an additional 176,799 shares during the last quarter. Appian Way Asset Management LP purchased a new position in Carlisle Companies during the third quarter worth about $4,672,000. Finally, Captrust Financial Advisors boosted its stake in Carlisle Companies by 4.5% in the 3rd quarter. Captrust Financial Advisors now owns 6,111 shares of the conglomerate's stock worth $2,749,000 after buying an additional 264 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on CSL shares. Robert W. Baird cut their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. Truist Financial initiated coverage on shares of Carlisle Companies in a research note on Thursday, November 14th. They set a "hold" rating and a $460.00 price objective for the company. StockNews.com lowered Carlisle Companies from a "buy" rating to a "hold" rating in a research report on Tuesday, August 27th. Finally, Oppenheimer upped their price target on Carlisle Companies from $480.00 to $505.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 22nd. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $472.00.

Carlisle Companies Stock Down 1.3 %

Carlisle Companies stock traded down $5.71 during midday trading on Tuesday, hitting $447.57. 133,234 shares of the stock were exchanged, compared to its average volume of 324,493. The company has a 50 day moving average price of $449.76 and a two-hundred day moving average price of $425.83. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.29. The firm has a market cap of $20.29 billion, a P/E ratio of 15.77, a P/E/G ratio of 1.50 and a beta of 0.92. Carlisle Companies Incorporated has a 1 year low of $283.87 and a 1 year high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its earnings results on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing analysts' consensus estimates of $5.82 by ($0.04). Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the prior year, the business earned $4.68 EPS. The company's quarterly revenue was up 5.9% on a year-over-year basis. On average, sell-side analysts predict that Carlisle Companies Incorporated will post 20.25 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend is Friday, November 15th. Carlisle Companies's dividend payout ratio (DPR) is presently 14.15%.

Insider Activity at Carlisle Companies

In related news, VP David W. Smith sold 275 shares of the business's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $443.41, for a total transaction of $121,937.75. Following the completion of the transaction, the vice president now owns 2,834 shares in the company, valued at $1,256,623.94. The trade was a 8.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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.