Kwmg LLC Has $1.60 Million Stake in Carlisle Companies Incorporated (CSL)
Kwmg LLC increased its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 6.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,948 shares of the conglomerate’s stock after acquiring an additional 978 shares during the period. Kwmg LLC’s holdings in Carlisle Companies were worth $1,599,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Toronto Dominion Bank purchased a new position in Carlisle Companies in the 3rd quarter valued at about $126,000. Creative Planning lifted its stake in Carlisle Companies by 8.8% in the 2nd quarter. Creative Planning now owns 1,859 shares of the conglomerate’s stock valued at $177,000 after buying an additional 150 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Carlisle Companies by 3.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,446 shares of the conglomerate’s stock valued at $233,000 after buying an additional 75 shares in the last quarter. Ontario Teachers Pension Plan Board purchased a new position in Carlisle Companies in the 2nd quarter valued at about $253,000. Finally, Cetera Investment Advisers purchased a new position in Carlisle Companies in the 2nd quarter valued at about $256,000. Hedge funds and other institutional investors own 90.06% of the company’s stock.
In other Carlisle Companies news, insider John E. Berlin sold 6,250 shares of the firm’s stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $94.31, for a total value of $589,437.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 2.12% of the company’s stock.
Carlisle Companies Incorporated (NYSE CSL) traded down $0.78 on Wednesday, reaching $108.32. 367,500 shares of the company’s stock were exchanged, compared to its average volume of 482,530. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.14 and a quick ratio of 1.43. Carlisle Companies Incorporated has a twelve month low of $92.09 and a twelve month high of $116.40. The stock has a market cap of $6,690.00, a price-to-earnings ratio of 20.20, a price-to-earnings-growth ratio of 1.37 and a beta of 0.86.
Carlisle Companies (NYSE:CSL) last released its earnings results on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.35 by $0.02. Carlisle Companies had a net margin of 8.35% and a return on equity of 14.11%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period last year, the company posted $1.74 EPS. The business’s revenue was up 9.9% on a year-over-year basis. sell-side analysts forecast that Carlisle Companies Incorporated will post 4.97 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Friday, November 17th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend is Thursday, November 16th. Carlisle Companies’s dividend payout ratio (DPR) is 29.25%.
CSL has been the topic of a number of research reports. Buckingham Research initiated coverage on shares of Carlisle Companies in a research note on Tuesday, September 5th. They issued a “buy” rating and a $115.00 price target on the stock. Zacks Investment Research raised shares of Carlisle Companies from a “sell” rating to a “hold” rating in a research note on Monday, September 11th. SunTrust Banks, Inc. raised their price target on shares of Carlisle Companies to $126.00 and gave the company a “buy” rating in a research note on Wednesday, October 25th. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Carlisle Companies in a research note on Sunday, August 27th. Finally, Robert W. Baird raised their price target on shares of Carlisle Companies from $110.00 to $118.00 and gave the company an “outperform” rating in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. Carlisle Companies has a consensus rating of “Hold” and a consensus target price of $122.33.
Carlisle Companies Company Profile
Carlisle Companies Incorporated is a manufacturing company. The Company designs, manufactures and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing, foodservice, and healthcare and sanitary maintenance.
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