Jump Financial LLC Trims Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Jump Financial LLC reduced its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 96.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 650 shares of the conglomerate’s stock after selling 16,677 shares during the quarter. Jump Financial LLC’s holdings in Carlisle Companies were worth $240,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CSL. Aware Super Pty Ltd as trustee of Aware Super bought a new position in Carlisle Companies during the fourth quarter worth $22,126,000. Walleye Capital LLC bought a new position in Carlisle Companies during the fourth quarter worth $5,004,000. Barclays PLC lifted its stake in Carlisle Companies by 19.6% during the fourth quarter. Barclays PLC now owns 72,875 shares of the conglomerate’s stock worth $26,879,000 after purchasing an additional 11,955 shares during the last quarter. Seeds Investor LLC lifted its stake in Carlisle Companies by 4.4% during the fourth quarter. Seeds Investor LLC now owns 1,696 shares of the conglomerate’s stock worth $626,000 after purchasing an additional 72 shares during the last quarter. Finally, Inlight Wealth Management LLC bought a new position in Carlisle Companies during the fourth quarter worth $118,038,000. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Carlisle Companies Trading Down 1.5 %

Shares of NYSE:CSL opened at $375.80 on Monday. The company has a 50 day moving average of $341.75 and a 200-day moving average of $387.11. The firm has a market cap of $16.59 billion, a P/E ratio of 13.60, a P/E/G ratio of 1.03 and a beta of 0.94. Carlisle Companies Incorporated has a twelve month low of $311.41 and a twelve month high of $481.26. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77.

Carlisle Companies (NYSE:CSL) last released its earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 EPS for the quarter, beating the consensus estimate of $3.53 by $0.08. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.09 billion. As a group, analysts anticipate that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a $1.00 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.06%. Carlisle Companies’s dividend payout ratio is presently 14.89%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Robert W. Baird increased their target price on Carlisle Companies from $455.00 to $460.00 and gave the stock an “outperform” rating in a research report on Thursday. Zelman & Associates raised Carlisle Companies from an “underperform” rating to a “neutral” rating in a research report on Monday, April 14th. Loop Capital dropped their target price on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research report on Friday, January 10th. Truist Financial dropped their target price on Carlisle Companies from $420.00 to $390.00 and set a “hold” rating on the stock in a research report on Thursday. Finally, The Goldman Sachs Group dropped their target price on Carlisle Companies from $520.00 to $465.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Carlisle Companies presently has a consensus rating of “Moderate Buy” and an average price target of $454.00.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of the business’s stock in a transaction that occurred on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total value of $52,579.50. Following the completion of the sale, the vice president now directly owns 815 shares of the company’s stock, valued at $285,681.95. The trade was a 15.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $349.24, for a total transaction of $366,702.00. Following the completion of the sale, the director now directly owns 2,665 shares of the company’s stock, valued at $930,724.60. This represents a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.