Natixis Advisors L.P. Lowers Holdings in Carlisle Companies, Inc. (NYSE:CSL)

Natixis Advisors L.P. trimmed its position in Carlisle Companies, Inc. (NYSE:CSL) by 0.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,622 shares of the conglomerate’s stock after selling 119 shares during the period. Natixis Advisors L.P.’s holdings in Carlisle Companies were worth $4,159,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Prudential Financial Inc. lifted its holdings in Carlisle Companies by 88.8% in the second quarter. Prudential Financial Inc. now owns 567,129 shares of the conglomerate’s stock valued at $79,631,000 after acquiring an additional 266,784 shares during the period. State of Tennessee Treasury Department lifted its holdings in Carlisle Companies by 508.9% in the first quarter. State of Tennessee Treasury Department now owns 219,332 shares of the conglomerate’s stock valued at $26,894,000 after acquiring an additional 183,310 shares during the period. Jag Capital Management LLC acquired a new stake in Carlisle Companies in the second quarter valued at $14,455,000. WINTON GROUP Ltd acquired a new stake in Carlisle Companies in the second quarter valued at $11,748,000. Finally, AJO LP acquired a new stake in Carlisle Companies in the first quarter valued at $9,624,000. Hedge funds and other institutional investors own 88.26% of the company’s stock.

In other news, VP Douglas Charles Taylor bought 697 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The stock was purchased at an average price of $147.27 per share, with a total value of $102,647.19. Following the purchase, the vice president now owns 6,221 shares of the company’s stock, valued at approximately $916,166.67. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David A. Roberts sold 28,571 shares of the business’s stock in a transaction dated Thursday, June 27th. The shares were sold at an average price of $137.74, for a total transaction of $3,935,369.54. Following the completion of the transaction, the director now directly owns 88,397 shares of the company’s stock, valued at approximately $12,175,802.78. The disclosure for this sale can be found here. Insiders own 1.70% of the company’s stock.



CSL has been the subject of a number of recent analyst reports. Oppenheimer raised their target price on Carlisle Companies from $155.00 to $160.00 and gave the company an “outperform” rating in a report on Wednesday, July 24th. ValuEngine downgraded Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, Buckingham Research downgraded Carlisle Companies from a “buy” rating to a “neutral” rating and set a $148.00 price target for the company. in a research note on Monday, July 8th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $142.13.

Shares of NYSE:CSL traded up $1.23 during midday trading on Friday, hitting $148.63. 15,291 shares of the stock were exchanged, compared to its average volume of 343,284. The stock has a market cap of $7.99 billion, a P/E ratio of 23.96, a PEG ratio of 1.15 and a beta of 1.01. The company has a current ratio of 2.96, a quick ratio of 2.18 and a debt-to-equity ratio of 0.62. Carlisle Companies, Inc. has a twelve month low of $92.16 and a twelve month high of $147.86. The company has a 50 day moving average price of $141.29 and a 200-day moving average price of $134.14.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Tuesday, July 23rd. The conglomerate reported $2.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.26. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.32 billion. Carlisle Companies had a return on equity of 16.52% and a net margin of 9.04%. The business’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.87 EPS. On average, equities research analysts expect that Carlisle Companies, Inc. will post 8.15 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Tuesday, August 20th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.35%. The ex-dividend date was Monday, August 19th. This is an increase from Carlisle Companies’s previous quarterly dividend of $0.40. Carlisle Companies’s payout ratio is 32.15%.

About Carlisle Companies

Carlisle Companies Incorporated operates as a diversified manufacturing company. It operates through four segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction. The Carlisle Construction Materials segment offers thermoplastic polyolefin, ethylene 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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Institutional Ownership by Quarter for Carlisle Companies (NYSE:CSL)

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