Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Toronto Dominion Bank

Toronto Dominion Bank lessened its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 21.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,626 shares of the conglomerate’s stock after selling 2,107 shares during the quarter. Toronto Dominion Bank’s holdings in Carlisle Companies were worth $2,988,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Allworth Financial LP boosted its stake in shares of Carlisle Companies by 88.9% during the 4th quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock valued at $27,000 after buying an additional 40 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in Carlisle Companies in the fourth quarter valued at $31,000. Principal Securities Inc. bought a new position in Carlisle Companies during the 4th quarter valued at $32,000. Tennessee Valley Asset Management Partners acquired a new position in Carlisle Companies during the 4th quarter worth $40,000. Finally, Robeco Institutional Asset Management B.V. increased its position in shares of Carlisle Companies by 38.1% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 13,841 shares of the conglomerate’s stock worth $43,000 after purchasing an additional 3,815 shares during the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Carlisle Companies Stock Up 3.4 %

NYSE:CSL opened at $424.66 on Friday. The company has a current ratio of 2.95, a quick ratio of 2.61 and a debt-to-equity ratio of 0.66. The stock has a 50 day moving average of $416.62 and a 200-day moving average of $381.06. The firm has a market capitalization of $20.21 billion, a PE ratio of 24.62, a price-to-earnings-growth ratio of 1.38 and a beta of 0.90. Carlisle Companies Incorporated has a 52 week low of $235.79 and a 52 week high of $443.87.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings data on Wednesday, July 24th. The conglomerate reported $6.24 earnings per share for the quarter, beating the consensus estimate of $5.84 by $0.40. Carlisle Companies had a net margin of 27.88% and a return on equity of 32.02%. The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same period last year, the firm posted $5.18 EPS. Carlisle Companies’s quarterly revenue was up 11.0% compared to the same quarter last year. Analysts predict that Carlisle Companies Incorporated will post 20.58 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Monday, May 20th were issued a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend was Friday, May 17th. Carlisle Companies’s dividend payout ratio (DPR) is 19.71%.

Insider Activity at Carlisle Companies

In other Carlisle Companies news, CEO D Christian Koch sold 54,927 shares of the business’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $420.06, for a total transaction of $23,072,635.62. Following the completion of the transaction, the chief executive officer now owns 86,652 shares in the company, valued at approximately $36,399,039.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CAO Stephen Aldrich sold 1,095 shares of Carlisle Companies stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $397.50, for a total value of $435,262.50. Following the transaction, the chief accounting officer now directly owns 1,624 shares in the company, valued at approximately $645,540. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO D Christian Koch sold 54,927 shares of Carlisle Companies stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $420.06, for a total value of $23,072,635.62. Following the completion of the transaction, the chief executive officer now directly owns 86,652 shares in the company, valued at approximately $36,399,039.12. The disclosure for this sale can be found here. Insiders have sold a total of 58,059 shares of company stock worth $24,334,065 in the last three months. 1.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on CSL shares. Loop Capital increased their price target on shares of Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. Oppenheimer increased their target price on Carlisle Companies from $412.00 to $430.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. The Goldman Sachs Group assumed coverage on Carlisle Companies in a research report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 target price for the company. Finally, Robert W. Baird upped their price target on Carlisle Companies from $465.00 to $500.00 and gave the company an “outperform” rating in a research report on Monday, July 15th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Carlisle Companies has an average rating of “Moderate Buy” and an average price target of $423.00.

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.