Victory Capital Management Inc. Has $43.66 Million Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Victory Capital Management Inc. increased its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 3.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 139,734 shares of the conglomerate’s stock after acquiring an additional 4,862 shares during the period. Victory Capital Management Inc.’s holdings in Carlisle Companies were worth $43,657,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in CSL. Allworth Financial LP raised its holdings in shares of Carlisle Companies by 88.9% in the 4th quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 40 shares during the last quarter. Tennessee Valley Asset Management Partners purchased a new stake in Carlisle Companies in the 4th quarter valued at about $40,000. Signaturefd LLC increased its stake in Carlisle Companies by 28.9% in the 3rd quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock valued at $51,000 after buying an additional 44 shares during the last quarter. Mendota Financial Group LLC purchased a new stake in Carlisle Companies in the 4th quarter valued at about $53,000. Finally, Tobam purchased a new stake in Carlisle Companies in the 4th quarter valued at about $59,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Stock Up 0.9 %

Carlisle Companies stock opened at $398.47 on Monday. Carlisle Companies Incorporated has a twelve month low of $205.10 and a twelve month high of $415.00. The firm has a 50 day moving average price of $376.23 and a 200-day moving average price of $325.09. The company has a market capitalization of $19.08 billion, a P/E ratio of 23.10, a P/E/G ratio of 1.36 and a beta of 0.90. The company has a quick ratio of 2.57, a current ratio of 2.95 and a debt-to-equity ratio of 0.66.

Carlisle Companies (NYSE:CSL) last released its earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.74 by $0.98. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.41%. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $993.06 million. As a group, equities analysts predict that Carlisle Companies Incorporated will post 19.51 EPS for the current year.

Carlisle Companies Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have commented on CSL. Robert W. Baird increased their price objective on shares of Carlisle Companies from $435.00 to $465.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Oppenheimer increased their price objective on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. The Goldman Sachs Group began coverage on shares of Carlisle Companies in a research note on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 price objective for the company. Finally, Loop Capital increased their target price on shares of Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a research report on Monday, April 1st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Carlisle Companies currently has an average rating of “Moderate Buy” and a consensus target price of $416.00.

Insider Buying and Selling

In related news, VP David W. Smith sold 700 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $338.54, for a total value of $236,978.00. Following the completion of the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at approximately $959,422.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, VP David W. Smith sold 700 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $338.54, for a total value of $236,978.00. Following the completion of the transaction, the vice president now directly owns 2,834 shares of the company’s stock, valued at approximately $959,422.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Lori A. Snyder sold 8,101 shares of the firm’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the completion of the transaction, the insider now directly owns 5,212 shares of the company’s stock, valued at $1,770,203.68. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,255 shares of company stock valued at $5,231,360. Company insiders own 1.50% of the company’s stock.

Carlisle Companies Company 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.