WINTON GROUP Ltd Decreases Stock Holdings in Carlisle Companies Incorporated $CSL

WINTON GROUP Ltd reduced its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 68.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,151 shares of the conglomerate’s stock after selling 11,289 shares during the period. WINTON GROUP Ltd’s holdings in Carlisle Companies were worth $1,648,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CSL. Barclays PLC lifted its position in shares of Carlisle Companies by 947.3% during the 3rd quarter. Barclays PLC now owns 499,341 shares of the conglomerate’s stock worth $164,263,000 after purchasing an additional 451,662 shares during the last quarter. Sands Capital Management LLC raised its stake in Carlisle Companies by 99.2% during the 3rd 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 in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Carlisle Companies by 10,568.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389,198 shares of the conglomerate’s stock worth $124,489,000 after acquiring an additional 385,550 shares in the last quarter. Norges Bank acquired a new stake in Carlisle Companies during the 4th quarter worth $87,543,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in Carlisle Companies during the 4th quarter worth $76,626,000. 89.52% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Price Performance

Shares of NYSE:CSL opened at $338.07 on Tuesday. The company’s fifty day moving average price is $345.63 and its 200 day moving average price is $349.30. Carlisle Companies Incorporated has a 12 month low of $293.43 and a 12 month high of $435.92. The company has a debt-to-equity ratio of 1.74, a current ratio of 3.38 and a quick ratio of 2.58. The firm has a market capitalization of $13.68 billion, a P/E ratio of 19.87, a P/E/G ratio of 1.09 and a beta of 0.86.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $3.63 EPS for the quarter, beating analysts’ consensus estimates of $3.31 by $0.32. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.45 billion. Carlisle Companies had a net margin of 14.57% and a return on equity of 43.78%. Carlisle Companies’s quarterly revenue was down 4.0% on a year-over-year basis. During the same period in the previous year, the business posted $3.61 earnings per share. As a group, sell-side analysts predict that Carlisle Companies Incorporated will post 21.18 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 18th were paid a $1.10 dividend. The ex-dividend date was Monday, May 18th. This represents a $4.40 dividend on an annualized basis and a yield of 1.3%. Carlisle Companies’s payout ratio is currently 25.87%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CSL shares. William Blair reiterated a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, March 18th. JPMorgan Chase & Co. lifted their price target on shares of Carlisle Companies from $400.00 to $420.00 and gave the stock an “overweight” rating in a research note on Monday, March 9th. Zacks Research upgraded shares of Carlisle Companies from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Oppenheimer lifted their price target on shares of Carlisle Companies from $420.00 to $425.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Finally, Raymond James Financial started coverage on shares of Carlisle Companies in a research note on Monday, April 27th. They set an “outperform” rating and a $425.00 price target on the stock. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $405.00.

About Carlisle Companies

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.