Virtu Financial LLC Buys New Position in Carlisle Companies Incorporated $CSL

Virtu Financial LLC bought a new stake in Carlisle Companies Incorporated (NYSE:CSLFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,526 shares of the conglomerate’s stock, valued at approximately $1,767,000.

A number of other large investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its position in shares of Carlisle Companies by 36.9% in the first quarter. Goldman Sachs Group Inc. now owns 105,468 shares of the conglomerate’s stock worth $35,912,000 after purchasing an additional 28,414 shares in the last quarter. Baird Financial Group Inc. grew its position in Carlisle Companies by 8.4% in the second quarter. Baird Financial Group Inc. now owns 2,549 shares of the conglomerate’s stock valued at $952,000 after purchasing an additional 197 shares in the last quarter. Jump Financial LLC bought a new position in Carlisle Companies in the second quarter valued at $1,345,000. Bank of Nova Scotia lifted its position in Carlisle Companies by 118.6% during the 2nd quarter. Bank of Nova Scotia now owns 1,646 shares of the conglomerate’s stock worth $615,000 after buying an additional 893 shares in the last quarter. Finally, Sei Investments Co. lifted its position in Carlisle Companies by 40.0% during the 2nd quarter. Sei Investments Co. now owns 115,396 shares of the conglomerate’s stock worth $43,088,000 after buying an additional 32,996 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CSL. Weiss Ratings restated a “hold (c)” rating on shares of Carlisle Companies in a research note on Friday, March 27th. JPMorgan Chase & Co. lifted their target price on Carlisle Companies from $400.00 to $420.00 and gave the company an “overweight” rating in a research report on Monday, March 9th. Zacks Research upgraded Carlisle Companies from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Oppenheimer increased their price target on Carlisle Companies from $420.00 to $425.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Finally, William Blair restated a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, March 18th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $405.00.

Check Out Our Latest Stock Report on Carlisle Companies

Carlisle Companies Stock Performance

NYSE CSL opened at $362.05 on Friday. The company has a current ratio of 3.38, a quick ratio of 2.58 and a debt-to-equity ratio of 1.74. The firm’s fifty day moving average price is $348.61 and its two-hundred day moving average price is $351.46. Carlisle Companies Incorporated has a 1 year low of $293.43 and a 1 year high of $435.92. The firm has a market capitalization of $14.65 billion, a P/E ratio of 21.28, a price-to-earnings-growth ratio of 1.14 and a beta of 0.86.

Carlisle Companies (NYSE:CSLGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The conglomerate reported $3.63 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $1.45 billion. During the same quarter last year, the company posted $3.61 earnings per share. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. As a group, research analysts anticipate that Carlisle Companies Incorporated will post 21.16 EPS for the current year.

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date was Monday, May 18th. Carlisle Companies’s dividend payout ratio (DPR) is 25.87%.

About Carlisle Companies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Carlisle Companies (NYSE:CSL)

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