Engineers Gate Manager LP decreased its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 52.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,110 shares of the conglomerate’s stock after selling 17,653 shares during the period. Engineers Gate Manager LP’s holdings in Carlisle Companies were worth $1,616,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of CSL. Fuller & Thaler Asset Management Inc. bought a new position in Carlisle Companies in the third quarter worth about $100,000. Toronto Dominion Bank bought a new stake in shares of Carlisle Companies during the third quarter valued at approximately $126,000. Marble Harbor Investment Counsel LLC bought a new stake in shares of Carlisle Companies during the third quarter valued at approximately $201,000. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Carlisle Companies by 3.2% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,446 shares of the conglomerate’s stock valued at $233,000 after buying an additional 75 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board bought a new stake in shares of Carlisle Companies during the second quarter valued at approximately $253,000. 88.98% of the stock is currently owned by institutional investors and hedge funds.
CSL has been the topic of a number of research analyst reports. FBR & Co set a $125.00 price objective on shares of Carlisle Companies and gave the company a “buy” rating in a research note on Wednesday, October 25th. Buckingham Research started coverage on shares of Carlisle Companies in a research report on Tuesday, September 5th. They issued a “buy” rating and a $115.00 price target on the stock. BMO Capital Markets restated a “buy” rating and issued a $130.00 price target on shares of Carlisle Companies in a research report on Friday, September 22nd. SunTrust Banks reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Carlisle Companies in a research note on Wednesday, October 4th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of Carlisle Companies in a research note on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $122.33.
Carlisle Companies Incorporated (NYSE:CSL) opened at $114.12 on Monday. The company has a market cap of $7,074.49, a price-to-earnings ratio of 21.13, a P/E/G ratio of 1.44 and a beta of 0.88. Carlisle Companies Incorporated has a twelve month low of $92.09 and a twelve month high of $116.53. 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 posted its quarterly earnings data on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.02. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.05 billion. Carlisle Companies had a net margin of 8.35% and a return on equity of 14.11%. The business’s revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.74 EPS. analysts expect that Carlisle Companies Incorporated will post 4.95 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Friday, November 17th were paid a $0.37 dividend. The ex-dividend date was Thursday, November 16th. This represents a $1.48 dividend on an annualized basis and a yield of 1.30%. Carlisle Companies’s payout ratio is currently 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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