Janus Henderson Group PLC increased its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 32.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,521,563 shares of the conglomerate’s stock after buying an additional 615,655 shares during the period. Janus Henderson Group PLC owned about 4.07% of Carlisle Companies worth $252,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also made changes to their positions in the company. Vident Investment Advisory LLC purchased a new position in shares of Carlisle Companies during the 3rd quarter valued at approximately $422,000. Cornerstone Capital Management Holdings LLC. acquired a new position in Carlisle Companies in the 3rd quarter valued at $2,752,000. Anchor Bolt Capital LP acquired a new position in Carlisle Companies in the 3rd quarter valued at $2,392,000. AMP Capital Investors Ltd raised its stake in Carlisle Companies by 45.7% in the 3rd quarter. AMP Capital Investors Ltd now owns 15,100 shares of the conglomerate’s stock valued at $1,514,000 after purchasing an additional 4,736 shares during the last quarter. Finally, Royce & Associates LP raised its stake in Carlisle Companies by 52.7% in the 3rd quarter. Royce & Associates LP now owns 113,781 shares of the conglomerate’s stock valued at $11,411,000 after purchasing an additional 39,264 shares during the last quarter. Hedge funds and other institutional investors own 88.99% of the company’s stock.
Several research firms recently commented on CSL. FBR & Co set a $125.00 price objective on Carlisle Companies and gave the company a “buy” rating in a research note on Thursday, October 12th. SunTrust Banks reissued a “buy” rating and issued a $120.00 price objective on shares of Carlisle Companies in a research note on Wednesday, October 4th. Buckingham Research began coverage on Carlisle Companies in a research note on Tuesday, September 5th. They issued a “buy” rating and a $115.00 price objective for the company. Oppenheimer reissued a “hold” rating on shares of Carlisle Companies in a research note on Wednesday, October 25th. Finally, Zacks Investment Research raised Carlisle Companies from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $122.33.
Shares of Carlisle Companies Incorporated (NYSE CSL) opened at $114.12 on Friday. Carlisle Companies Incorporated has a 52 week low of $92.09 and a 52 week high of $116.53. The stock has a market capitalization of $7,074.53, a price-to-earnings ratio of 21.13, a price-to-earnings-growth ratio of 1.44 and a beta of 0.88. The company has a quick ratio of 1.43, a current ratio of 2.14 and a debt-to-equity ratio of 0.32.
Carlisle Companies (NYSE:CSL) last issued its earnings results on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. Carlisle Companies had a return on equity of 14.11% and a net margin of 8.35%. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same period last year, the company earned $1.74 EPS. The company’s revenue for the quarter was up 9.9% on a year-over-year basis. sell-side analysts anticipate that Carlisle Companies Incorporated will post 4.95 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 17th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date was Thursday, November 16th. Carlisle Companies’s dividend payout ratio (DPR) is presently 29.31%.
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Carlisle Companies Company Profile
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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