Centiva Capital LP Has $1.89 Million Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Centiva Capital LP reduced its position in Carlisle Companies Incorporated (NYSE:CSL) by 57.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,206 shares of the conglomerate’s stock after selling 5,697 shares during the quarter. Centiva Capital LP’s holdings in Carlisle Companies were worth $1,892,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Cetera Investment Advisers lifted its position in shares of Carlisle Companies by 188.0% during the 1st quarter. Cetera Investment Advisers now owns 8,255 shares of the conglomerate’s stock worth $3,235,000 after buying an additional 5,389 shares during the period. Cetera Advisors LLC acquired a new stake in shares of Carlisle Companies in the 1st quarter valued at $811,000. Massmutual Trust Co. FSB ADV grew its holdings in shares of Carlisle Companies by 43.4% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 317 shares of the conglomerate’s stock worth $128,000 after purchasing an additional 96 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Carlisle Companies during the 2nd quarter valued at about $32,000. Finally, Harbor Capital Advisors Inc. grew its stake in Carlisle Companies by 292.7% during the second quarter. Harbor Capital Advisors Inc. now owns 2,619 shares of the conglomerate’s stock worth $1,061,000 after buying an additional 1,952 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on CSL shares. StockNews.com downgraded Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Robert W. Baird dropped their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Oppenheimer increased their price objective on Carlisle Companies from $480.00 to $505.00 and gave the company an “outperform” rating in a research report on Tuesday, October 22nd. Finally, Truist Financial started coverage on Carlisle Companies in a report on Thursday, November 14th. They set a “hold” rating and a $460.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $472.00.

Insiders Place Their Bets

In related news, VP David W. Smith sold 275 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $443.41, for a total value of $121,937.75. Following the completion of the transaction, the vice president now directly owns 2,834 shares in the company, valued at approximately $1,256,623.94. The trade was a 8.85 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

Carlisle Companies Price Performance

Shares of CSL opened at $444.43 on Wednesday. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68. The stock has a market cap of $20.15 billion, a P/E ratio of 15.73, a price-to-earnings-growth ratio of 1.49 and a beta of 0.92. The stock’s 50-day moving average price is $449.76 and its two-hundred day moving average price is $425.83. Carlisle Companies Incorporated has a 1 year low of $283.87 and a 1 year high of $481.26.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing the consensus estimate of $5.82 by ($0.04). The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.38 billion. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the previous year, the company posted $4.68 EPS. On average, equities analysts predict that Carlisle Companies Incorporated will post 20.25 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, November 15th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a yield of 0.90%. Carlisle Companies’s payout ratio is 14.15%.

Carlisle Companies Profile

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.