FDx Advisors Inc. lessened its position in Carlisle Companies Incorporated (NYSE:CSL) by 27.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,246 shares of the conglomerate’s stock after selling 1,985 shares during the quarter. FDx Advisors Inc.’s holdings in Carlisle Companies were worth $526,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently bought and sold shares of CSL. Teacher Retirement System of Texas lifted its holdings in Carlisle Companies by 0.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 5,177 shares of the conglomerate’s stock worth $494,000 after purchasing an additional 24 shares during the last quarter. Traynor Capital Management Inc. raised its holdings in Carlisle Companies by 1.1% in the 2nd quarter. Traynor Capital Management Inc. now owns 6,069 shares of the conglomerate’s stock valued at $589,000 after acquiring an additional 67 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Carlisle Companies by 3.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,446 shares of the conglomerate’s stock valued at $233,000 after acquiring an additional 75 shares in the last quarter. US Bancorp DE raised its holdings in Carlisle Companies by 0.9% in the 2nd quarter. US Bancorp DE now owns 9,718 shares of the conglomerate’s stock valued at $927,000 after acquiring an additional 89 shares in the last quarter. Finally, Utah Retirement Systems raised its holdings in Carlisle Companies by 0.9% in the 2nd quarter. Utah Retirement Systems now owns 11,530 shares of the conglomerate’s stock valued at $1,100,000 after acquiring an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 88.99% of the company’s stock.
Carlisle Companies Incorporated (NYSE:CSL) traded up $2.34 during midday trading on Monday, hitting $115.91. The company’s stock had a trading volume of 449,359 shares, compared to its average volume of 472,403. Carlisle Companies Incorporated has a 1 year low of $92.09 and a 1 year high of $116.53. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.14 and a quick ratio of 1.43. The company has a market cap of $7,040.40, a price-to-earnings ratio of 21.03, a PEG ratio of 1.44 and a beta of 0.88.
Carlisle Companies (NYSE:CSL) last announced its earnings results on Tuesday, October 24th. The conglomerate reported $1.37 EPS for the quarter, beating the consensus estimate of $1.35 by $0.02. Carlisle Companies had a return on equity of 14.11% and a net margin of 8.35%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the prior year, the company earned $1.74 EPS. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. analysts forecast that Carlisle Companies Incorporated will post 4.95 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Friday, November 17th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date was Thursday, November 16th. Carlisle Companies’s dividend payout ratio (DPR) is currently 29.31%.
Several equities analysts have weighed in on the company. B. Riley reaffirmed a “buy” rating on shares of Carlisle Companies in a report on Wednesday, November 1st. Zacks Investment Research raised Carlisle Companies from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. SunTrust Banks boosted their price target on Carlisle Companies to $126.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. Oppenheimer restated a “hold” rating on shares of Carlisle Companies in a research report on Wednesday, October 25th. Finally, Robert W. Baird boosted their price objective on Carlisle Companies from $110.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $122.33.
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About Carlisle Companies
Carlisle Companies Incorporated is a manufacturing company. The Company designs, manufactures and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing, foodservice, and healthcare and sanitary maintenance.
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