Victory Capital Management Inc. Acquires 4,862 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Victory Capital Management Inc. increased its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 3.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 139,734 shares of the conglomerate’s stock after purchasing an additional 4,862 shares during the quarter. Victory Capital Management Inc. owned 0.29% of Carlisle Companies worth $43,657,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. Allworth Financial LP boosted its position in Carlisle Companies by 88.9% during the 4th quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 40 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new position in Carlisle Companies during the 4th quarter worth approximately $40,000. Signaturefd LLC boosted its position in Carlisle Companies by 28.9% during the 3rd quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock worth $51,000 after acquiring an additional 44 shares during the last quarter. Mendota Financial Group LLC acquired a new position in Carlisle Companies during the 4th quarter worth approximately $53,000. Finally, Tobam acquired a new position in Carlisle Companies during the 4th quarter worth approximately $59,000. 89.52% of the stock is owned by institutional investors.

Carlisle Companies Trading Up 0.9 %

Shares of Carlisle Companies stock opened at $398.47 on Monday. The business has a fifty day simple moving average of $376.23 and a two-hundred day simple moving average of $325.09. Carlisle Companies Incorporated has a 1 year low of $205.10 and a 1 year high of $415.00. The company has a market capitalization of $19.08 billion, a price-to-earnings ratio of 23.10, a P/E/G ratio of 1.36 and a beta of 0.90. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.95 and a quick ratio of 2.57.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $0.98. Carlisle Companies had a return on equity of 30.41% and a net margin of 17.13%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $993.06 million. Research analysts forecast that Carlisle Companies Incorporated will post 19.51 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Monday, May 20th will be issued a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Friday, May 17th. Carlisle Companies’s dividend payout ratio is 19.71%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on CSL shares. The Goldman Sachs Group started coverage on Carlisle Companies in a research report on Wednesday, April 3rd. They set a “buy” rating and a $455.00 price target for the company. Robert W. Baird increased their price objective on Carlisle Companies from $435.00 to $465.00 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. StockNews.com raised Carlisle Companies from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. Finally, 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. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Carlisle Companies has an average rating of “Moderate Buy” and an average price target of $416.00.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, CEO D Christian Koch sold 6,454 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $347.53, for a total transaction of $2,242,958.62. Following the completion of the sale, the chief executive officer now owns 86,652 shares of the company’s stock, valued at approximately $30,114,169.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Carlisle Companies news, VP David W. Smith sold 700 shares of the stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $338.54, for a total transaction of $236,978.00. Following the transaction, the vice president now owns 2,834 shares in the company, valued at approximately $959,422.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO D Christian Koch sold 6,454 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $347.53, for a total value of $2,242,958.62. Following the transaction, the chief executive officer now owns 86,652 shares in the company, valued at approximately $30,114,169.56. The disclosure for this sale can be found here. Insiders sold 15,255 shares of company stock valued at $5,231,360 in the last quarter. 1.50% of the stock is currently owned by insiders.

About Carlisle Companies

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.