Carlisle Companies Incorporated (NYSE:CSL)has made a 20.25% comeback from a 12-month low price of $92.09. It was seen 4.85% higher, changing the price to $110.74, when the closing bell rang on 10/25/2017. At recent session, the prices were hovering between $107 and $112.11. This company shares are 7.46% off its target price of $119 and the current market capitalization stands at $7.05B. The recent change has given its price a 12.96% lead over SMA 50 and -4.86% deficit over its 52-week high. The stock witnessed 10.63% gains, 13.88% gains and 2.03% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CSL’s volatility during a week at 2.23% and during a month it has been found around 1.54%.
Carlisle Companies Incorporated (CSL) Top Holders
Institutional investors currently hold around $6 billion or 90% in CSL stock. Look at its top three institutional owners. Vanguard Group Inc owns $626.2 million in Carlisle Companies Incorporated, which represents roughly 8.88% of the company’s market cap and approximately 10.44% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 5,510,308 shares of the stock are valued at $582 million. The third largest holder is Jpmorgan Chase & Co, which currently holds $516.84 million worth of this stock and that ownership represents nearly 7.33% of its market capitalization.
Carlisle Companies Incorporated 13F Filings
At the end of 06/30/2017 reporting period, 155 institutional holders increased their position in Carlisle Companies Incorporated (NYSE:CSL) by some 7,145,704 shares, 194 decreased positions by 9,482,738 and 53 held positions by 40,143,958. That puts total institutional holdings at 56,772,400 shares, according to SEC filings. The stock grabbed 40 new institutional investments totaling 3,912,392 shares while 56 institutional investors sold out their entire positions totaling 3,254,625 shares.
Carlisle Companies Incorporated (NYSE:CSL) Insider Trades
Multiple company employees have indulged in significant insider trading. Carlisle Companies Incorporated disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President, CIT Berlin John E has sold 6,250 shares of Carlisle Companies Incorporated (CSL) in trading session dated Aug. 30, 2017. These shares are worth $589,438 and were traded at $94.31 each. The SEC filing shows that Berlin John E performed a sale of 19,860 shares. The President, CIT disposed these shares by way of transaction on May. 08, 2017. The company’s shares were given away at $104.55 per share worth to an income of some $2,076,363 on account of Berlin John E.
President, CCM, Altmeyer John W, sold 51,505 common shares of Carlisle Companies Incorporated (CSL) in the open market. In a transaction dated Nov. 10, 2016, the shares were put up for sale at an average price of $111.24, raking in a sum of $5,729,416. After this sale, 181,290 common shares of CSL are directly owned by the insider, with total stake valued at $20,076,055.
In the transaction dated Aug. 05, 2016, the great number of shares disposed came courtesy the V.P., Corporate Development; Selbach Scott C disposed a total of 36,085 shares at an average price of $105.59, amounting to approximately $3,810,215. The insider now directly owns 51,627 shares worth $5,717,174.
Carlisle Companies Incorporated (CSL) Analyst Guide
Several analysts have released their opinion on Carlisle Companies Incorporated (NYSE:CSL), with 4 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.86 average brokerage recommendation.