Dimensional Fund Advisors LP Has $51,529,000 Stake in Carlisle Cos. Inc. (CSL)
Dimensional Fund Advisors LP increased its stake in Carlisle Cos. Inc. (NYSE:CSL) by 6.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 487,673 shares of the company’s stock after buying an additional 30,440 shares during the period. Dimensional Fund Advisors LP owned approximately 0.75% of Carlisle Cos. worth $51,529,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas raised its stake in Carlisle Cos. by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 9,079 shares of the company’s stock valued at $959,000 after buying an additional 1,100 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its stake in Carlisle Cos. by 5.2% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 145,105 shares of the company’s stock valued at $15,335,000 after buying an additional 7,126 shares in the last quarter. Eaton Vance Management raised its stake in Carlisle Cos. by 218.0% in the second quarter. Eaton Vance Management now owns 35,226 shares of the company’s stock valued at $3,723,000 after buying an additional 24,148 shares in the last quarter. Advisors Asset Management Inc. acquired a new stake in Carlisle Cos. during the second quarter valued at about $1,451,000. Finally, Alambic Investment Management L.P. raised its stake in Carlisle Cos. by 88.9% in the second quarter. Alambic Investment Management L.P. now owns 29,340 shares of the company’s stock valued at $3,101,000 after buying an additional 13,810 shares in the last quarter. Institutional investors and hedge funds own 88.94% of the company’s stock.
Shares of Carlisle Cos. Inc. (NYSE:CSL) traded down 0.22% during midday trading on Friday, reaching $105.10. The company had a trading volume of 497,956 shares. The company has a 50 day moving average price of $102.88 and a 200-day moving average price of $102.77. Carlisle Cos. Inc. has a one year low of $75.17 and a one year high of $109.13. The firm has a market capitalization of $6.79 billion, a P/E ratio of 18.76 and a beta of 1.13.
Carlisle Cos. (NYSE:CSL) last posted its earnings results on Tuesday, July 26th. The company reported $1.75 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.63 by $0.12. Carlisle Cos. had a net margin of 10.14% and a return on equity of 15.40%. The firm had revenue of $996.90 million for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter last year, the firm earned $1.54 EPS. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. On average, analysts anticipate that Carlisle Cos. Inc. will post $5.79 EPS for the current fiscal year.
Several equities analysts have recently commented on the company. Oppenheimer Holdings Inc. reaffirmed a “buy” rating and issued a $112.00 target price on shares of Carlisle Cos. in a research report on Tuesday, June 28th. SunTrust Banks Inc. assumed coverage on Carlisle Cos. in a research report on Thursday, June 16th. They issued a “buy” rating and a $120.00 target price on the stock. Zacks Investment Research raised Carlisle Cos. from a “hold” rating to a “buy” rating and set a $114.00 target price on the stock in a research report on Tuesday, June 28th. Finally, Robert W. Baird reaffirmed an “outperform” rating and issued a $108.00 target price on shares of Carlisle Cos. in a research report on Thursday, July 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. Carlisle Cos. currently has an average rating of “Buy” and a consensus target price of $113.57.
In other Carlisle Cos. news, VP Scott C. Selbach sold 36,085 shares of Carlisle Cos. stock in a transaction that occurred on Friday, August 5th. The shares were sold at an average price of $105.59, for a total transaction of $3,810,215.15. Following the transaction, the vice president now owns 67,112 shares of the company’s stock, valued at approximately $7,086,356.08. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 2.71% of the company’s stock.
Carlisle Cos. Company Profile
Carlisle Companies Incorporated is a holding company for Carlisle Corporation and its wholly owned subsidiaries. The Company is a diversified manufacturing company. The Company operates through five segments: Carlisle Construction Materials (CCM), Carlisle Interconnect Technologies (CIT), Carlisle Fluid Technologies (CFT), Carlisle Brake & Friction (CBF) and Carlisle FoodService Products (CFSP).
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