O Shaughnessy Asset Management LLC Purchases 402 Shares of Carlisle Companies Incorporated (NYSE:CSL)

O Shaughnessy Asset Management LLC increased its position in Carlisle Companies Incorporated (NYSE:CSL) by 6.2% during the 1st quarter, Holdings Channel reports. The firm owned 6,884 shares of the conglomerate’s stock after acquiring an additional 402 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Carlisle Companies were worth $2,697,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of CSL. Allworth Financial LP grew its stake in 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 purchasing an additional 40 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in Carlisle Companies during the 4th quarter valued at $31,000. Principal Securities Inc. bought a new stake in Carlisle Companies during the 4th quarter valued at $32,000. Tennessee Valley Asset Management Partners bought a new stake in Carlisle Companies during the 4th quarter valued at $40,000. Finally, Robeco Institutional Asset Management B.V. boosted its position in Carlisle Companies by 38.1% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 13,841 shares of the conglomerate’s stock valued at $43,000 after acquiring an additional 3,815 shares in the last quarter. Institutional investors own 89.52% of the company’s stock.

Insider Buying and Selling

In other Carlisle Companies news, CAO Stephen Aldrich sold 1,095 shares of Carlisle Companies stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $397.50, for a total transaction of $435,262.50. Following the completion of the transaction, the chief accounting officer now owns 1,624 shares in the company, valued at approximately $645,540. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO D Christian Koch sold 54,927 shares of the firm’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $420.06, for a total transaction of $23,072,635.62. Following the sale, the chief executive officer now directly owns 86,652 shares in the company, valued at approximately $36,399,039.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Stephen Aldrich sold 1,095 shares of the firm’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $397.50, for a total value of $435,262.50. Following the sale, the chief accounting officer now owns 1,624 shares in the company, valued at $645,540. The disclosure for this sale can be found here. Insiders sold 58,059 shares of company stock worth $24,334,065 in the last 90 days. Insiders own 1.50% of the company’s stock.

Carlisle Companies Stock Performance

CSL stock traded down $17.21 during midday trading on Wednesday, reaching $412.27. The stock had a trading volume of 573,553 shares, compared to its average volume of 317,549. The stock has a market cap of $19.62 billion, a PE ratio of 24.90, a P/E/G ratio of 1.42 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. The firm has a fifty day simple moving average of $416.77 and a two-hundred day simple moving average of $379.31. Carlisle Companies Incorporated has a 52-week low of $235.79 and a 52-week high of $443.87.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.74 by $0.98. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $993.06 million. Carlisle Companies had a return on equity of 30.41% and a net margin of 17.13%. As a group, equities research analysts anticipate that Carlisle Companies Incorporated will post 20.02 EPS for the current year.

Carlisle Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Monday, May 20th were paid a $0.85 dividend. The ex-dividend date of this dividend was Friday, May 17th. This represents a $3.40 dividend on an annualized basis and a yield of 0.82%. Carlisle Companies’s dividend payout ratio (DPR) is 19.71%.

Analyst Ratings Changes

Several brokerages have issued reports on CSL. Robert W. Baird increased their target price on Carlisle Companies from $465.00 to $500.00 and gave the company an “outperform” rating in a research report on Monday, July 15th. Oppenheimer increased their price objective on Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Loop Capital increased their price objective on Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a report on Monday, April 1st. Finally, The Goldman Sachs Group started coverage on Carlisle Companies in a report on Wednesday, April 3rd. They set a “buy” rating and a $455.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $423.00.

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.