Key Points
- Insider sale: Director Stephen Schwar sold 6,049 shares on Feb. 12 at an average of $417.36 for a total of $2.52M, cutting his stake by 41.46% to 8,540 shares, per an SEC filing.
- Quarterly beat and strong margins: Carlisle reported EPS of $3.90 (vs. $3.60 expected) and $1.13B in revenue, with a 40.11% ROE and a 14.76% net margin; revenue was up 0.4% year‑over‑year.
- Dividend and market/analyst context: The company declared a $1.10 quarterly dividend (annual $4.40, yield ~1.1%, ex‑dividend Feb. 17), while the consensus analyst rating is "Hold" with an average target of $392.50 and shares trading around $409.
Carlisle Companies Incorporated (NYSE:CSL - Get Free Report) insider Stephen Schwar sold 6,049 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $417.36, for a total transaction of $2,524,610.64. Following the sale, the insider directly owned 8,540 shares of the company's stock, valued at approximately $3,564,254.40. This trade represents a 41.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Carlisle Companies Trading Down 1.8%
Shares of Carlisle Companies stock opened at $408.96 on Friday. Carlisle Companies Incorporated has a twelve month low of $293.43 and a twelve month high of $435.92. The company has a quick ratio of 2.62, a current ratio of 3.25 and a debt-to-equity ratio of 1.45. The business has a 50-day moving average price of $350.50 and a 200-day moving average price of $347.19. The firm has a market cap of $17.09 billion, a price-to-earnings ratio of 23.90, a PEG ratio of 1.32 and a beta of 0.94.
Carlisle Companies (NYSE:CSL - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The conglomerate reported $3.90 EPS for the quarter, beating analysts' consensus estimates of $3.60 by $0.30. The company had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.11 billion. Carlisle Companies had a return on equity of 40.11% and a net margin of 14.76%.The firm's revenue was up .4% on a year-over-year basis. During the same period in the prior year, the company earned $4.47 earnings per share. Equities research analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.
Carlisle Companies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, February 17th. Carlisle Companies's dividend payout ratio (DPR) is presently 25.72%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in CSL. State Street Corp increased its holdings in Carlisle Companies by 6.9% in the 4th quarter. State Street Corp now owns 2,090,341 shares of the conglomerate's stock worth $668,616,000 after acquiring an additional 134,241 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Carlisle Companies by 33.2% during the second quarter. JPMorgan Chase & Co. now owns 1,437,703 shares of the conglomerate's stock valued at $536,842,000 after purchasing an additional 358,241 shares during the last quarter. Invesco Ltd. grew its stake in Carlisle Companies by 2.6% in the 3rd quarter. Invesco Ltd. now owns 1,054,163 shares of the conglomerate's stock valued at $346,777,000 after buying an additional 27,049 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Carlisle Companies by 113.9% during the third quarter. Bank of New York Mellon Corp now owns 1,049,039 shares of the conglomerate's stock worth $345,092,000 after acquiring an additional 558,710 shares in the last quarter. Finally, Sands Capital Management LLC boosted its holdings in shares of Carlisle Companies by 99.2% in the third quarter. Sands Capital Management LLC now owns 849,501 shares of the conglomerate's stock worth $279,452,000 after acquiring an additional 423,141 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts recently issued reports on the company. Robert W. Baird set a $420.00 price target on Carlisle Companies in a research report on Wednesday, February 4th. William Blair began coverage on shares of Carlisle Companies in a report on Friday, January 30th. They set a "market perform" rating on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Carlisle Companies from $410.00 to $400.00 and set an "overweight" rating on the stock in a research report on Thursday, October 30th. Weiss Ratings restated a "hold (c)" rating on shares of Carlisle Companies in a research report on Monday, December 29th. Finally, Oppenheimer reduced their target price on Carlisle Companies from $440.00 to $415.00 and set an "outperform" rating on the stock in a research note on Monday, October 20th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $392.50.
Read Our Latest Research Report on Carlisle Companies
About Carlisle Companies
(
Get 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.
Further Reading
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