Carlisle Companies Incorporated (NYSE:CSL) Shares Bought by iA Global Asset Management Inc.

iA Global Asset Management Inc. raised its position in Carlisle Companies Incorporated (NYSE:CSL) by 20.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,261 shares of the conglomerate’s stock after acquiring an additional 387 shares during the period. iA Global Asset Management Inc.’s holdings in Carlisle Companies were worth $886,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of CSL. Norges Bank acquired a new stake in Carlisle Companies in the fourth quarter valued at approximately $159,187,000. Public Employees Retirement Association of Colorado raised its holdings in shares of Carlisle Companies by 666.0% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 227,949 shares of the conglomerate’s stock worth $71,218,000 after buying an additional 198,191 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Carlisle Companies by 1,074.0% in the fourth quarter. Wellington Management Group LLP now owns 152,001 shares of the conglomerate’s stock worth $47,490,000 after buying an additional 139,054 shares during the last quarter. Baillie Gifford & Co. purchased a new position in shares of Carlisle Companies in the first quarter worth $17,279,000. Finally, Mediolanum International Funds Ltd purchased a new position in shares of Carlisle Companies in the first quarter worth $11,539,000. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other Carlisle Companies news, VP David W. Smith sold 600 shares of Carlisle Companies stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $425.56, for a total transaction of $255,336.00. Following the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at $1,206,037.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Carlisle Companies news, VP David W. Smith sold 600 shares of Carlisle Companies stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $425.56, for a total transaction of $255,336.00. Following the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at $1,206,037.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP David W. Smith sold 2,037 shares of Carlisle Companies stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $405.58, for a total transaction of $826,166.46. Following the transaction, the vice president now directly owns 2,834 shares in the company, valued at $1,149,413.72. The disclosure for this sale can be found here. Over the last three months, insiders have sold 80,129 shares of company stock worth $33,720,377. 1.50% of the stock is owned by insiders.

Carlisle Companies Price Performance

CSL traded down $13.73 on Thursday, reaching $404.85. 560,258 shares of the company’s stock were exchanged, compared to its average volume of 324,197. The stock has a market cap of $18.72 billion, a PE ratio of 23.36, a P/E/G ratio of 1.35 and a beta of 0.90. Carlisle Companies Incorporated has a twelve month low of $235.79 and a twelve month high of $443.87. The stock’s fifty day moving average price is $416.45 and its 200-day moving average price is $383.49. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.89 and a quick ratio of 2.50.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Wednesday, July 24th. The conglomerate reported $6.24 earnings per share for the quarter, topping analysts’ consensus estimates of $5.84 by $0.40. The firm 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 period in the previous year, the business posted $5.18 earnings per share. Sell-side analysts expect that Carlisle Companies Incorporated will post 20.58 EPS for the current year.

About Carlisle Companies

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.