Toronto Dominion Bank Acquires 1,057 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Toronto Dominion Bank lifted its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 13.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,683 shares of the conglomerate’s stock after buying an additional 1,057 shares during the period. Toronto Dominion Bank’s holdings in Carlisle Companies were worth $3,518,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Equitable Trust Co. lifted its position in Carlisle Companies by 0.4% during the second quarter. Equitable Trust Co. now owns 8,589 shares of the conglomerate’s stock valued at $3,480,000 after purchasing an additional 30 shares during the period. Astoria Portfolio Advisors LLC. lifted its stake in shares of Carlisle Companies by 5.0% in the 1st quarter. Astoria Portfolio Advisors LLC. now owns 711 shares of the conglomerate’s stock worth $265,000 after purchasing an additional 34 shares during the period. CWM LLC boosted its holdings in shares of Carlisle Companies by 1.6% in the second quarter. CWM LLC now owns 2,481 shares of the conglomerate’s stock worth $1,005,000 after buying an additional 38 shares during the last quarter. First Trust Direct Indexing L.P. grew its position in Carlisle Companies by 5.5% during the first quarter. First Trust Direct Indexing L.P. now owns 785 shares of the conglomerate’s stock valued at $308,000 after buying an additional 41 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Carlisle Companies by 1.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 3,855 shares of the conglomerate’s stock valued at $1,511,000 after buying an additional 43 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Kevin P. Zdimal sold 21,470 shares of the stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $425.29, for a total transaction of $9,130,976.30. Following the completion of the transaction, the chief financial officer now directly owns 35,641 shares of the company’s stock, valued at $15,157,760.89. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, CFO Kevin P. Zdimal sold 21,470 shares of the business’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $425.29, for a total value of $9,130,976.30. Following the sale, the chief financial officer now owns 35,641 shares in the company, valued at $15,157,760.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP David W. Smith sold 600 shares of the stock in a transaction on 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 owns 2,834 shares of the company’s stock, valued at approximately $1,206,037.04. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Carlisle Companies Trading Up 0.1 %

Shares of Carlisle Companies stock opened at $444.59 on Monday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.50 and a current ratio of 2.89. The company has a fifty day moving average of $412.02 and a 200 day moving average of $406.11. The company has a market capitalization of $21.16 billion, a P/E ratio of 25.77, a P/E/G ratio of 1.43 and a beta of 0.90. Carlisle Companies Incorporated has a fifty-two week low of $235.79 and a fifty-two week high of $450.70.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Wednesday, July 24th. The conglomerate reported $6.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.84 by $0.40. Carlisle Companies had a return on equity of 31.65% and a net margin of 27.88%. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter last year, the company earned $5.18 EPS. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. On average, sell-side analysts anticipate that Carlisle Companies Incorporated will post 20.57 earnings per share for the current fiscal year.

Carlisle Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Tuesday, August 20th were issued a $1.00 dividend. This is an increase from Carlisle Companies’s previous quarterly dividend of $0.85. This represents a $4.00 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date was Tuesday, August 20th. Carlisle Companies’s payout ratio is currently 23.19%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CSL shares. Robert W. Baird boosted their price objective on shares of Carlisle Companies from $465.00 to $500.00 and gave the company an “outperform” rating in a research report on Monday, July 15th. Oppenheimer restated an “outperform” rating and issued a $480.00 price target (up previously from $475.00) on shares of Carlisle Companies in a research report on Wednesday, September 4th. Finally, StockNews.com downgraded Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $468.75.

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.