Carlisle Companies Incorporated $CSL Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd lessened its stake in Carlisle Companies Incorporated (NYSE:CSL) by 68.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,151 shares of the conglomerate’s stock after selling 11,289 shares during the period. WINTON GROUP Ltd’s holdings in Carlisle Companies were worth $1,648,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in CSL. Barclays PLC increased its holdings in Carlisle Companies by 947.3% in the 3rd quarter. Barclays PLC now owns 499,341 shares of the conglomerate’s stock valued at $164,263,000 after purchasing an additional 451,662 shares during the last quarter. Sands Capital Management LLC increased its holdings in Carlisle Companies by 99.2% in the 3rd quarter. Sands Capital Management LLC now owns 849,501 shares of the conglomerate’s stock valued at $279,452,000 after purchasing an additional 423,141 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Carlisle Companies by 10,568.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389,198 shares of the conglomerate’s stock valued at $124,489,000 after purchasing an additional 385,550 shares during the last quarter. Norges Bank acquired a new stake in Carlisle Companies in the 4th quarter valued at approximately $87,543,000. Finally, Vaughan Nelson Investment Management L.P. purchased a new position in Carlisle Companies in the 4th quarter valued at approximately $76,626,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analysts Set New Price Targets

CSL has been the subject of several recent research reports. Oppenheimer raised their price target on shares of Carlisle Companies from $420.00 to $425.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Truist Financial raised their price target on shares of Carlisle Companies from $340.00 to $360.00 and gave the company a “hold” rating in a research report on Friday, April 24th. William Blair reissued a “market perform” rating on shares of Carlisle Companies in a research report on Wednesday, March 18th. Raymond James Financial initiated coverage on shares of Carlisle Companies in a research report on Monday, April 27th. They issued an “outperform” rating and a $425.00 price target for the company. Finally, Robert W. Baird raised their price target on shares of Carlisle Companies from $402.00 to $425.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $405.00.

Carlisle Companies Stock Performance

Shares of CSL stock opened at $338.07 on Tuesday. The stock has a market capitalization of $13.68 billion, a PE ratio of 19.87, a P/E/G ratio of 1.09 and a beta of 0.86. The firm has a 50 day moving average of $345.63 and a two-hundred day moving average of $349.30. Carlisle Companies Incorporated has a 52 week low of $293.43 and a 52 week high of $435.92. The company has a quick ratio of 2.58, a current ratio of 3.38 and a debt-to-equity ratio of 1.74.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $3.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.32. The business had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.45 billion. Carlisle Companies had a net margin of 14.57% and a return on equity of 43.78%. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $3.61 EPS. On average, research analysts predict that Carlisle Companies Incorporated will post 21.18 EPS for the current fiscal year.

Carlisle Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 18th were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, May 18th. Carlisle Companies’s payout ratio is 25.87%.

About Carlisle Companies

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.