Caisse DE Depot ET Placement DU Quebec trimmed its stake in Carlisle Companies, Inc. (NYSE:CSL) by 55.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,987 shares of the conglomerate’s stock after selling 36,013 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in Carlisle Companies were worth $2,919,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Cetera Investment Advisers bought a new stake in shares of Carlisle Companies during the 2nd quarter worth approximately $256,000. SG Americas Securities LLC lifted its stake in shares of Carlisle Companies by 15.9% during the 2nd quarter. SG Americas Securities LLC now owns 16,285 shares of the conglomerate’s stock worth $1,554,000 after acquiring an additional 2,234 shares during the last quarter. HGK Asset Management Inc. bought a new stake in shares of Carlisle Companies during the 2nd quarter worth approximately $8,008,000. Schroder Investment Management Group lifted its stake in shares of Carlisle Companies by 42.8% during the 2nd quarter. Schroder Investment Management Group now owns 1,277,655 shares of the conglomerate’s stock worth $120,202,000 after acquiring an additional 383,088 shares during the last quarter. Finally, Seven Eight Capital LP bought a new stake in shares of Carlisle Companies during the 2nd quarter worth approximately $2,929,000. 88.98% of the stock is owned by institutional investors and hedge funds.
A number of brokerages recently issued reports on CSL. B. Riley reissued a “buy” rating on shares of Carlisle Companies in a research note on Wednesday, November 1st. Zacks Investment Research upgraded Carlisle Companies from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Robert W. Baird restated a “buy” rating on shares of Carlisle Companies in a report on Wednesday, October 4th. BMO Capital Markets restated a “buy” rating and set a $130.00 price objective on shares of Carlisle Companies in a report on Friday, September 22nd. Finally, FBR & Co restated a “buy” rating on shares of Carlisle Companies in a report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. Carlisle Companies has an average rating of “Buy” and a consensus target price of $122.33.
Carlisle Companies, Inc. (CSL) opened at $112.89 on Tuesday. The company has a market capitalization of $7,074.49, a price-to-earnings ratio of 21.13, a price-to-earnings-growth ratio of 1.44 and a beta of 0.88. Carlisle Companies, Inc. has a fifty-two week low of $92.09 and a fifty-two week high of $116.53. The company has a current ratio of 2.14, a quick ratio of 1.43 and a debt-to-equity ratio of 0.32.
Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Tuesday, October 24th. The conglomerate reported $1.37 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 return on equity of 14.11% and a net margin of 8.35%. Carlisle Companies’s quarterly revenue was up 9.9% on a year-over-year basis. During the same period last year, the business posted $1.74 EPS. equities analysts predict that Carlisle Companies, Inc. will post 4.95 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 17th were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $1.48 annualized dividend and a yield of 1.31%. Carlisle Companies’s payout ratio is currently 29.31%.
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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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