2018: In early 2018, Carlisle launched Vision 2025, the cornerstone of the company's next one hundred years. Private Advisor Group LLC bought a new stake in shares of Carlisle Companies in the 2nd quarter valued at $60,000. Carlisle Executive Leadership laid out a plan to grow the business to $1 billion by 1994 with a new emphasis on international sales. With thirty employees Carlisle Tire and Rubber Company began producing automobile inner tubes. The stock traded as high as $146.09 and last traded at $142.97. Carlisle Companies Incorporated Common Stock (CSL) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.12 billion. Over the next two years, capacity was doubled. A number of equities analysts have recently commented on CSL shares. The firm’s 50-day simple moving average is $124.99 and its 200 day simple moving average is $122.32. The business’s 50 day moving average is $138.19 and its 200-day moving average is $126.84. 2001: Marked 25 consecutive years of increasing dividend payments for shareholders. On May 3, 2012, Carlyle completed a $700 million initial public offering and began trading on … By the late 1970s, the roofing business had become the biggest contributor to Carlisle's earnings. Get alerts on latest IPO news stories along with upcoming, open and listing IPO dates & offer price details. CEO & President of Carlisle Inc (30-Year Financial, Insider Trades) D Christian Koch (insider trades) sold 43,287 shares of CSL on 11/16/2020 at an average price of $142.82 a share. The company was founded by … 1999: Net sales grew to $1.6 billion with EBIT margin of 10% by the end of the decade, an 11% CAGR. 1972: Net sales in 1972 exceeded $100 million for the first time. In addition, Carlisle's Assistant Treasurer, M.L. 1959: Carlisle acquired Tensolite Insulated Wire Company Incorporated of Tarrytown, New York, which would become Carlisle Interconnect Technologies in 2008. Clear Harbor Asset Management LLC bought a new stake in shares of Carlisle Companies in the 3rd quarter valued at $37,000. 1994: Carlisle acquired a tire plant in Shenzen, China, the company's first factory in China and second in Asia. Dunkleberger, pledged his personal assets as collateral to meet weekly payrolls many times during this period. After submitting your information, you will receive an email. This past September, the company held its IPO and raised more than $742 million. Carlisle Companies Incorporated (NYSE:CSL) CFO Robert M. Roche sold 400 shares of Carlisle Companies stock in a transaction dated Wednesday, November 25th. Moomy found a partner in James T. Johnstone, a New York rubber broker, who invested $30,000. Stockholders of record on Tuesday, November 17th were issued a $0.525 dividend. The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 1st. Carlisle ended the decade with $4 million in annual net sales. Carlisle Companies had a return on equity of 14.60% and a … Download the investor presentation - earnings call slides. in a research note on Friday, November 13th. The Carlisle Brake and Friction segment covers brakes and friction material and clutch and transmission friction material. 1929: Carlisle Tire and Rubber Company reached a record high employment level of 388 workers. Despite this move, Carlisle's core business continued to decline along with its finances, forcing Charles Moomy to work with officials of Chase National Bank to settle Carlisle's debts and avoid bankruptcy. Ohrstrom & Co. in the mid-1920s but changed the company's direction in 1946, focusing on the acquisition of small industrial companies using a leveraged buy-out or “boot-strap” model. 1993: Carlisle's stock split 2:1 in both 1993 and 1997 for the 4th and 5th times in its history. This represents a $2.10 annualized dividend and a dividend yield of 1.41%. Twin Tree Management LP increased its position in shares of Carlisle Companies by 43,900.0% in the 2nd quarter. In October 2017, Carlisle acquired Accella Performance Materials, a premium specialty polyurethane company, and the largest acquisition in Carlisle's history. Founded in 1987 in Washington, D.C., by William E. Conway Jr., Daniel A. In 2015 Carlisle invested in a new platform, acquiring Finishing Brands Holdings Inc. for $590 million funded all in cash. CSL stock opened at $149.45 on Tuesday. Oppenheimer restated a “buy” rating and set a $160.00 price target on shares of Carlisle Companies in a research note on Wednesday, October 21st. 1987: The stock market crash on October 19, 1987, did not significantly affect Carlisle's 1987 net sales, which ended at a record $543 million. Furber Marshall, President of Pharis, negotiated with the Federal Reserve Bank and Farmers Trust Company for the purchase of Carlisle Tire and Rubber Company. 1989: By the end of the decade, homeownership in the United States had risen to 65% from 55% two decades before. Receive News & Ratings for Carlisle Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlisle Companies and related companies with MarketBeat.com's FREE daily email newsletter. Carlisle Companies Incorporated is an American diversified company that designs, manufactures and markets a wide range of products that serve a broad range of niche markets to customers across worldwide including commercial roofing, energy, agriculture, lawn and garden, mining and construction equipment, aerospace and electronics, dining and food delivery, and healthcare. Carlisle Companies had a net margin of 7.91% and a return on equity of 14.60%. Carlisle Companies’s payout ratio is currently 25.33%. September 12, 2017 marked the 100 year anniversary of Carlisle Companies Incorporated. 2015: Carlisle continued to focus on acquisitions to drive growth. The conglomerate reported $1.87 EPS for the quarter, topping the consensus estimate of $1.74 by $0.13. Read or listen to the conference call. Carlisle Companies Incorporated has a long and proud history which began in 1917, when Charles S. Moomy opened Carlisle Tire and Rubber Company in Carlisle, Pennsylvania, to sell inner tubes to Montgomery Ward and Company. To receive notifications via email, enter your email address and select at least one subscription below. Carlisle listed its shares on the New York Stock Exchange using the ticker symbol “CSL” and sought to grow by focusing attention on acquisitions that produced highly specialized, technically advanced, high margin products that could be sold to industrial customers. The Carlyle Group is a global private equity firm that caters to early and later stage companies. The stock had previously closed at $132.80. Carlisle employed over 10,000 employees worldwide. Several research analysts […] Find the latest dividend history for Carlisle Companies Incorporated Common Stock (CSL) at Nasdaq.com. Carlisle Companies is committed to the highest ethical standards and conducting business throughout all of our operations with the highest level of integrity. In this same eight-year period, Carlisle deployed over $2.4 billion acquiring 15 businesses. The company maintains a strong balance sheet, with a … About this time, Pharis acquired the Molded Materials Company, a brake lining business in Ridgway, Pennsylvania, which would later become part of Carlisle Brake & Friction in 2008. By the end of the decade, Carlisle had net sales of $23 million with 550 employees and was on its way to becoming the modern Carlisle Companies. Posted by Marion Hillson on Dec 8th, 2020. The IPO ended up being priced at $18 a share Wednesday night, far below earlier expectations. ET by Tomi Kilgore These ‘Dividend Aristocrat’ stocks have risen up to 24% a … 1961: Carlisle developed a synthetic rubber for roofing applications, which would later sell under the brand name Sure-Seal. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. An initial public offering (IPO) is the process by which a privately-owned enterprise is transformed into a public company whose shares are traded on a … List of all NSE IPOs & BSE IPOs of 2020. 1930: The stock market crash of 1929 took its toll on American companies. 16, 2016 at 7:15 a.m. All earnings call transcripts on Carlisle Companies Incorporated (CSL) stock. This acquisition formed the foundation of what would become Carlisle FoodService Products. 89.02% of the stock is currently owned by institutional investors and hedge funds. Carlisle Companies started at buy with $120 stock price target at SunTrust RH Jun. The Board of Directors voted to move the corporate headquarters to Scottsdale, Arizona. In an effort to save its customer base, Carlisle offered to pay half of Montgomery Ward's excise taxes on inner tubes. 1978: Carlisle's synthetic rubber roofing product, Sure-Seal, rapidly grew in sales from 1978 and quickly became one of the company's most important products. The stock was sold at an average price of $150.00, for a total transaction of $60,000.00. This page was last edited on 3 November 2020, at 18:07. Ohrstrom & Co. acquired a significant stake in Carlisle. Finally, Loop Capital lowered Carlisle Companies from a “buy” rating to a “hold” rating and set a $140.00 price objective on the stock. Carlisle also celebrated 40 consecutive years of dividend increases for shareholders. 1996: Carlisle eclipsed $1 billion in net sales. Going public is a huge decision for any company. Capital expenditures in 1979 were also a record $24 million, a large percentage of which was spent on expansion of capacity to produce Sure- Seal roofing systems. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. 1962: Ohrstrom's acquisition strategy was working. In Vision 2025, Carlisle seeks to drive above-market organic growth, build scale in core businesses by pursuing synergistic acquisitions, further leverage the COS culture to drive efficiencies through all business processes, continue to return cash to shareholders, and invest in attracting, developing, and retaining exceptional talent. 2003: Carlisle surpassed net sales of $2 billion with EBIT margin of 7%. It is through these efforts that we have earned the respect and trust of our shareholders, customers and employees. News on Recent and Upcoming IPOs - Initial Public Offering, IPO Alerts Mailer, IPO News, Latest IPOs News, Recently Listed IPOs, IPOs Class Room > What is an IPO. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Following the completion of the transaction, the chief financial officer now owns 28,126 shares in the company, valued at $4,219,743.78. This list of organizations invested in by The Carlyle Group provides data on their funding history, investment activities, and acquisition trends. Financial Management Professionals Inc. bought a new stake in shares of Carlisle Companies in the 3rd quarter valued at $51,000. The stock was sold at an average price of $150.03, for a total value of $840,168.00. Carlisle Companies Incorporated CSL currently seems to be a smart choice for investors seeking exposure in the conglomerate space. To receive notifications via email, enter your email address and select at least one subscription below. Credit Suisse Group lifted their price objective on Carlisle Companies from $150.00 to $155.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 21st. Carlisle Companies Reports Record Fourth Quarter Diluted EPS of $1.81 and Full Year Diluted EPS of $8.21, an increase of 22% and 40%, respectively Download PDF format download (opens in new window) February 04, 2020 ... Total amount raised at IPO … 1954: G.L. Following the completion of the transaction, the chief financial officer now owns 28,126 shares in the company, […] 1992: In order to focus on the core manufacturing platform of rubber, plastics and friction, Carlisle sold the businesses comprising the Data Communications and Electronics group. Chart. Commercial roofing, specialty polyurethane, aerospace, medical, defense, transportation, industrial, protective coating, auto refinishing, agriculture, mining, and construction. 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