Shayne & Jacobs LLC Has $2.80 Million Stock Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Shayne & Jacobs LLC decreased its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 3.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,235 shares of the conglomerate’s stock after selling 200 shares during the period. Carlisle Companies comprises 0.7% of Shayne & Jacobs LLC’s holdings, making the stock its 20th largest holding. Shayne & Jacobs LLC’s holdings in Carlisle Companies were worth $2,804,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CSL. Los Angeles Capital Management LLC acquired a new stake in shares of Carlisle Companies during the 1st quarter worth approximately $228,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of Carlisle Companies by 1.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 3,855 shares of the conglomerate’s stock worth $1,511,000 after acquiring an additional 43 shares in the last quarter. Fifth Third Wealth Advisors LLC acquired a new stake in shares of Carlisle Companies during the 1st quarter worth approximately $233,000. Astoria Portfolio Advisors LLC. boosted its position in shares of Carlisle Companies by 5.0% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 711 shares of the conglomerate’s stock worth $265,000 after acquiring an additional 34 shares in the last quarter. Finally, Cornerstone Wealth Group LLC acquired a new stake in shares of Carlisle Companies during the 1st quarter worth approximately $211,000. Institutional investors and hedge funds own 89.52% of the company’s stock.

Insider Activity

In other news, 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 completion of the sale, the vice president now directly owns 2,834 shares in the company, valued at $1,206,037.04. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.50% of the company’s stock.

Carlisle Companies Price Performance

CSL stock opened at $417.26 on Friday. The company has a fifty day moving average price of $434.55 and a 200-day moving average price of $416.05. The company has a market capitalization of $19.86 billion, a P/E ratio of 24.19, a PEG ratio of 1.52 and a beta of 0.91. Carlisle Companies Incorporated has a 52-week low of $236.42 and a 52-week high of $481.26. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.50 and a current ratio of 2.89.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.77 by $0.01. The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.38 billion. Carlisle Companies had a net margin of 27.88% and a return on equity of 31.65%. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same quarter last year, the firm earned $4.68 earnings per share. As a group, equities analysts expect that Carlisle Companies Incorporated will post 20.57 EPS for the current year.

Carlisle Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Tuesday, August 20th were paid a dividend of $1.00 per share. The ex-dividend date was Tuesday, August 20th. This represents a $4.00 annualized dividend and a dividend yield of 0.96%. This is an increase from Carlisle Companies’s previous quarterly dividend of $0.85. Carlisle Companies’s dividend payout ratio (DPR) is presently 23.19%.

Analyst Ratings Changes

CSL has been the subject of several research reports. StockNews.com downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th. Robert W. Baird dropped their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday. Finally, Oppenheimer increased their price objective on shares of Carlisle Companies from $480.00 to $505.00 and gave the company an “outperform” rating in a research note on Tuesday. One 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $475.00.

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.