Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by Bokf Na

Bokf Na grew its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 177.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 26,975 shares of the conglomerate’s stock after buying an additional 17,235 shares during the period. Bokf Na owned 0.06% of Carlisle Companies worth $10,931,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Carlisle Companies during the 2nd quarter worth $32,000. ORG Partners LLC acquired a new stake in Carlisle Companies during the second quarter worth about $31,000. Gilliland Jeter Wealth Management LLC acquired a new stake in Carlisle Companies during the second quarter worth about $39,000. V Square Quantitative Management LLC acquired a new stake in Carlisle Companies during the fourth quarter worth about $31,000. Finally, Principal Securities Inc. bought a new position in Carlisle Companies in the 4th quarter worth about $32,000. 89.52% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Stock Up 0.8 %

CSL stock opened at $399.96 on Thursday. The company has a 50 day moving average of $409.60 and a two-hundred day moving average of $399.43. Carlisle Companies Incorporated has a 12-month low of $235.79 and a 12-month high of $443.87. The company has a market cap of $19.04 billion, a price-to-earnings ratio of 23.19, a PEG ratio of 1.30 and a beta of 0.90. The company has a quick ratio of 2.50, a current ratio of 2.89 and a debt-to-equity ratio of 0.63.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Wednesday, July 24th. The conglomerate reported $6.24 EPS for the quarter, topping the consensus estimate of $5.84 by $0.40. The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.45 billion. Carlisle Companies had a net margin of 27.88% and a return on equity of 31.65%. Carlisle Companies’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.18 EPS. On average, equities analysts anticipate that Carlisle Companies Incorporated will post 20.58 earnings per share for the current fiscal year.

Carlisle Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Tuesday, August 20th were given a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.00%. This is a boost from Carlisle Companies’s previous quarterly dividend of $0.85. The ex-dividend date was Tuesday, August 20th. Carlisle Companies’s dividend payout ratio is currently 23.19%.

Insiders Place Their Bets

In other Carlisle Companies news, CFO Kevin P. Zdimal sold 21,470 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $425.29, for a total value of $9,130,976.30. Following the completion of the sale, the chief financial officer now owns 35,641 shares in the company, valued at approximately $15,157,760.89. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, VP David W. Smith sold 600 shares of the firm’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $425.56, for a total transaction of $255,336.00. Following the completion of the transaction, the vice president now owns 2,834 shares in the company, valued at approximately $1,206,037.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Kevin P. Zdimal sold 21,470 shares of the firm’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $425.29, for a total value of $9,130,976.30. Following the sale, the chief financial officer now directly owns 35,641 shares of the company’s stock, valued at $15,157,760.89. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on CSL. Oppenheimer restated an “outperform” rating and issued a $480.00 target price (up previously from $475.00) on shares of Carlisle Companies in a research report on Wednesday, September 4th. Robert W. Baird increased their target price on shares of Carlisle Companies from $465.00 to $500.00 and gave the company an “outperform” rating in a research note on Monday, July 15th. Finally, StockNews.com downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $433.00.

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.