5,526 Shares in Carlisle Companies Incorporated $CSL Acquired by Virtu Financial LLC

Virtu Financial LLC purchased a new stake in Carlisle Companies Incorporated (NYSE:CSL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,526 shares of the conglomerate’s stock, valued at approximately $1,767,000.

Several other hedge funds have also added to or reduced their stakes in CSL. MML Investors Services LLC increased its holdings in shares of Carlisle Companies by 1.1% in the fourth quarter. MML Investors Services LLC now owns 2,497 shares of the conglomerate’s stock valued at $799,000 after purchasing an additional 27 shares during the last quarter. Raiffeisen Bank International AG lifted its stake in shares of Carlisle Companies by 12.8% during the 4th quarter. Raiffeisen Bank International AG now owns 247 shares of the conglomerate’s stock worth $80,000 after buying an additional 28 shares during the last quarter. Huntington National Bank lifted its stake in shares of Carlisle Companies by 25.2% during the 4th quarter. Huntington National Bank now owns 169 shares of the conglomerate’s stock worth $54,000 after buying an additional 34 shares during the last quarter. Mackenzie Financial Corp boosted its holdings in shares of Carlisle Companies by 1.0% during the 3rd quarter. Mackenzie Financial Corp now owns 3,525 shares of the conglomerate’s stock worth $1,160,000 after buying an additional 34 shares during the period. Finally, Nicolet Advisory Services LLC boosted its holdings in shares of Carlisle Companies by 3.5% during the 3rd quarter. Nicolet Advisory Services LLC now owns 1,037 shares of the conglomerate’s stock worth $337,000 after buying an additional 35 shares during the period. Institutional investors and hedge funds own 89.52% of the company’s stock.

Analyst Upgrades and Downgrades

CSL has been the topic of several research analyst reports. Oppenheimer increased their price target on shares of Carlisle Companies from $420.00 to $425.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Robert W. Baird raised their price objective on shares of Carlisle Companies from $402.00 to $425.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Raymond James Financial assumed coverage on Carlisle Companies in a report on Monday, April 27th. They set an “outperform” rating and a $425.00 price objective for the company. Zacks Research raised Carlisle Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Finally, JPMorgan Chase & Co. increased their target price on Carlisle Companies from $400.00 to $420.00 and gave the stock an “overweight” rating in a research note on Monday, March 9th. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $405.00.

Carlisle Companies Stock Up 0.3%

CSL stock opened at $362.05 on Friday. Carlisle Companies Incorporated has a 52 week low of $293.43 and a 52 week high of $435.92. The business has a 50-day simple moving average of $348.61 and a 200 day simple moving average of $351.46. The company has a quick ratio of 2.58, a current ratio of 3.38 and a debt-to-equity ratio of 1.74. The company has a market cap of $14.65 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 1.14 and a beta of 0.86.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $3.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.31 by $0.32. Carlisle Companies had a net margin of 14.57% and a return on equity of 43.78%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period in the prior year, the company posted $3.61 earnings per share. The business’s revenue for the quarter was down 4.0% on a year-over-year basis. Sell-side analysts anticipate that Carlisle Companies Incorporated will post 21.16 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 18th were issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, May 18th. Carlisle Companies’s dividend payout ratio is 25.87%.

Carlisle Companies Profile

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.