Carlisle Companies, Inc. (NYSE:CSL) VP Douglas Charles Taylor acquired 697 shares of Carlisle Companies stock in a transaction that occurred on Thursday, September 12th. The stock was purchased at an average cost of $147.27 per share, for a total transaction of $102,647.19. Following the completion of the transaction, the vice president now directly owns 6,221 shares in the company, valued at $916,166.67. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of CSL stock opened at $147.40 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.96 and a quick ratio of 2.18. The company has a market capitalization of $7.99 billion, a P/E ratio of 23.70, a P/E/G ratio of 1.15 and a beta of 1.01. The company’s 50-day simple moving average is $141.29 and its two-hundred day simple moving average is $134.14. Carlisle Companies, Inc. has a one year low of $92.16 and a one year high of $147.86.
Carlisle Companies (NYSE:CSL) last issued its earnings results on Tuesday, July 23rd. The conglomerate reported $2.62 EPS for the quarter, topping the Zacks’ consensus estimate of $2.36 by $0.26. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.32 billion. Carlisle Companies had a net margin of 9.04% and a return on equity of 16.52%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.87 EPS. On average, research analysts expect that Carlisle Companies, Inc. will post 8.15 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Tuesday, August 20th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, August 19th. This is an increase from Carlisle Companies’s previous quarterly dividend of $0.40. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.36%. Carlisle Companies’s dividend payout ratio (DPR) is currently 32.15%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Krane Funds Advisors LLC bought a new position in shares of Carlisle Companies during the second quarter valued at approximately $26,000. C M Bidwell & Associates Ltd. purchased a new stake in Carlisle Companies during the second quarter valued at approximately $32,000. SRS Capital Advisors Inc. purchased a new stake in Carlisle Companies during the second quarter valued at approximately $32,000. Advisory Services Network LLC lifted its position in Carlisle Companies by 148.2% during the first quarter. Advisory Services Network LLC now owns 283 shares of the conglomerate’s stock valued at $35,000 after acquiring an additional 169 shares during the last quarter. Finally, Advisors Preferred LLC purchased a new stake in Carlisle Companies during the second quarter valued at approximately $38,000. Hedge funds and other institutional investors own 88.26% of the company’s stock.
A number of equities analysts have commented on the stock. Oppenheimer upped their target price on shares of Carlisle Companies from $155.00 to $160.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 24th. Buckingham Research downgraded shares of Carlisle Companies from a “buy” rating to a “neutral” rating and set a $148.00 target price on the stock. in a research note on Monday, July 8th. Finally, ValuEngine downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Carlisle Companies presently has a consensus rating of “Buy” and an average target price of $142.13.
About Carlisle Companies
Carlisle Companies Incorporated operates as a diversified manufacturing company. It operates through four segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction. The Carlisle Construction Materials segment offers thermoplastic polyolefin, ethylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.
See Also: Net Margin
Receive News & Ratings for Carlisle Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlisle Companies and related companies with MarketBeat.com's FREE daily email newsletter.