Unigestion Holding SA Sells 4,707 Shares of Carlisle Companies, Inc. (CSL)
Unigestion Holding SA decreased its holdings in shares of Carlisle Companies, Inc. (NYSE:CSL) by 7.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,825 shares of the conglomerate’s stock after selling 4,707 shares during the quarter. Unigestion Holding SA’s holdings in Carlisle Companies were worth $6,921,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the stock. Janus Henderson Group PLC raised its stake in Carlisle Companies by 4.4% during the second quarter. Janus Henderson Group PLC now owns 4,286,431 shares of the conglomerate’s stock valued at $464,263,000 after purchasing an additional 181,769 shares in the last quarter. Wells Fargo & Company MN raised its stake in Carlisle Companies by 178.4% during the second quarter. Wells Fargo & Company MN now owns 1,707,543 shares of the conglomerate’s stock valued at $184,943,000 after purchasing an additional 1,094,184 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Carlisle Companies by 2.9% during the second quarter. Dimensional Fund Advisors LP now owns 932,758 shares of the conglomerate’s stock valued at $101,031,000 after purchasing an additional 26,245 shares in the last quarter. Select Equity Group L.P. purchased a new stake in Carlisle Companies during the second quarter valued at $82,864,000. Finally, FMR LLC raised its stake in Carlisle Companies by 8.0% during the second quarter. FMR LLC now owns 389,285 shares of the conglomerate’s stock valued at $42,164,000 after purchasing an additional 28,870 shares in the last quarter. 90.96% of the stock is currently owned by institutional investors.
Shares of CSL opened at $102.01 on Friday. Carlisle Companies, Inc. has a twelve month low of $92.16 and a twelve month high of $129.47. The firm has a market capitalization of $6.05 billion, a PE ratio of 18.45, a PEG ratio of 1.21 and a beta of 1.10. The company has a current ratio of 3.27, a quick ratio of 2.55 and a debt-to-equity ratio of 0.59.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Monday, November 19th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Friday, November 16th. Carlisle Companies’s dividend payout ratio is currently 28.93%.
Several brokerages have recently weighed in on CSL. BMO Capital Markets reissued a “buy” rating and issued a $135.00 target price on shares of Carlisle Companies in a research note on Friday, July 27th. Robert W. Baird increased their target price on shares of Carlisle Companies from $124.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, July 25th. Oppenheimer reissued a “hold” rating on shares of Carlisle Companies in a research note on Wednesday, July 25th. ValuEngine raised shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, July 25th. Finally, B. Riley increased their target price on shares of Carlisle Companies from $125.00 to $145.00 and gave the company a “buy” rating in a research note on Wednesday, July 25th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $129.80.
In other news, Director David A. Roberts sold 36,533 shares of the stock in a transaction on Thursday, September 13th. The shares were sold at an average price of $127.52, for a total value of $4,658,688.16. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 2.40% of the company’s stock.
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Carlisle Companies Company Profile
Carlisle Companies Incorporated operates as a diversified manufacturing company. The company's Carlisle Construction Materials segment provides insulation materials; thermoplastic polyolefin, ehtylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.
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