Kwmg LLC Purchases 446 Shares of Carlisle Companies, Inc. (NYSE:CSL)

Kwmg LLC grew its stake in shares of Carlisle Companies, Inc. (NYSE:CSL) by 2.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 20,972 shares of the conglomerate’s stock after purchasing an additional 446 shares during the quarter. Kwmg LLC’s holdings in Carlisle Companies were worth $3,052,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Krane Funds Advisors LLC bought a new stake in shares of Carlisle Companies during the second quarter valued at approximately $26,000. SRS Capital Advisors Inc. bought a new stake in shares of Carlisle Companies during the second quarter valued at approximately $32,000. C M Bidwell & Associates Ltd. bought a new stake in shares of Carlisle Companies during the second quarter valued at approximately $32,000. Advisors Preferred LLC bought a new stake in shares of Carlisle Companies during the second quarter valued at approximately $38,000. Finally, Advisory Services Network LLC raised its position in shares of Carlisle Companies by 148.2% during the first quarter. Advisory Services Network LLC now owns 283 shares of the conglomerate’s stock valued at $35,000 after buying an additional 169 shares during the last quarter. Hedge funds and other institutional investors own 88.23% of the company’s stock.

In other Carlisle Companies news, VP Douglas Charles Taylor bought 697 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The stock was purchased at an average cost of $147.27 per share, with a total value of $102,647.19. Following the completion of the acquisition, the vice president now owns 6,221 shares in the company, valued at approximately $916,166.67. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Nicholas J. Shears sold 6,570 shares of the firm’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $149.00, for a total transaction of $978,930.00. Following the completion of the transaction, the insider now directly owns 20,783 shares of the company’s stock, valued at $3,096,667. The disclosure for this sale can be found here. Company insiders own 1.70% of the company’s stock.

Shares of CSL stock traded up $0.55 on Tuesday, reaching $145.85. The company’s stock had a trading volume of 10,880 shares, compared to its average volume of 251,604. The stock’s fifty day simple moving average is $143.37 and its 200-day simple moving average is $138.15. Carlisle Companies, Inc. has a 1 year low of $92.16 and a 1 year high of $149.45. The company has a current ratio of 2.96, a quick ratio of 2.18 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $8.10 billion, a price-to-earnings ratio of 23.41, a price-to-earnings-growth ratio of 1.17 and a beta of 1.00.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Tuesday, July 23rd. The conglomerate reported $2.62 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.26. Carlisle Companies had a net margin of 9.04% and a return on equity of 16.52%. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the firm posted $1.87 earnings per share. Carlisle Companies’s revenue for the quarter was up 6.4% compared to the same quarter last year. Equities research analysts forecast that Carlisle Companies, Inc. will post 8.15 earnings per share for the current year.

Several equities research analysts have recently issued reports on CSL shares. ValuEngine cut shares of Carlisle Companies from a “hold” rating to a “sell” rating in a research report on Thursday, October 10th. Buckingham Research cut shares of Carlisle Companies from a “buy” rating to a “neutral” rating and set a $148.00 price objective on the stock. in a research report on Monday, July 8th. Finally, Oppenheimer lifted their price objective on shares of Carlisle Companies from $155.00 to $160.00 and gave the company an “outperform” rating in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $142.13.

Carlisle Companies Company Profile

Carlisle Companies Incorporated operates as a diversified manufacturing company. It operates through four segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction. The Carlisle Construction Materials segment offers thermoplastic polyolefin, ethylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.

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Institutional Ownership by Quarter for Carlisle Companies (NYSE:CSL)

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