Kwmg LLC increased its position in Carlisle Companies Incorporated (NYSE:CSL) by 36.0% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 14,970 shares of the conglomerate’s stock after buying an additional 3,960 shares during the period. Kwmg LLC’s holdings in Carlisle Companies were worth $1,428,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC boosted its stake in Carlisle Companies by 2.5% in the first quarter. Quadrant Capital Group LLC now owns 1,008 shares of the conglomerate’s stock worth $105,000 after buying an additional 25 shares during the period. Huntington National Bank boosted its stake in Carlisle Companies by 0.5% in the first quarter. Huntington National Bank now owns 5,965 shares of the conglomerate’s stock worth $634,000 after buying an additional 30 shares during the period. US Bancorp DE boosted its stake in Carlisle Companies by 0.9% in the second quarter. US Bancorp DE now owns 9,718 shares of the conglomerate’s stock worth $927,000 after buying an additional 89 shares during the period. Eads & Heald Investment Counsel boosted its stake in Carlisle Companies by 0.7% in the first quarter. Eads & Heald Investment Counsel now owns 14,029 shares of the conglomerate’s stock worth $1,493,000 after buying an additional 95 shares during the period. Finally, Municipal Employees Retirement System of Michigan boosted its stake in Carlisle Companies by 0.5% in the first quarter. Municipal Employees Retirement System of Michigan now owns 29,890 shares of the conglomerate’s stock worth $3,181,000 after buying an additional 150 shares during the period. Institutional investors own 91.40% of the company’s stock.
Carlisle Companies Incorporated (NYSE CSL) traded up 0.60% during trading on Friday, reaching $97.82. 478,233 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $96.97 and a 200-day moving average of $103.11. The stock has a market capitalization of $6.18 billion, a PE ratio of 27.65 and a beta of 0.77. Carlisle Companies Incorporated has a 52 week low of $93.47 and a 52 week high of $116.40.
Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.61 by $0.03. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.06 billion. Carlisle Companies had a net margin of 6.04% and a return on equity of 15.18%. Carlisle Companies’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.75 earnings per share. On average, equities research analysts anticipate that Carlisle Companies Incorporated will post $5.26 EPS for the current year.
TRADEMARK VIOLATION WARNING: “Carlisle Companies Incorporated (CSL) Stake Increased by Kwmg LLC” was originally posted by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright laws. The legal version of this article can be read at https://stocknewstimes.com/2017/07/29/carlisle-companies-incorporated-csl-stake-increased-by-kwmg-llc.html.
A number of research firms recently commented on CSL. Robert W. Baird reiterated an “outperform” rating on shares of Carlisle Companies in a research note on Monday, July 10th. CIBC reiterated a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, June 14th. Oppenheimer Holdings, Inc. reiterated a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, June 14th. Zacks Investment Research cut shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Finally, FBR & Co reiterated an “outperform” rating and issued a $125.00 target price on shares of Carlisle Companies in a research note on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. Carlisle Companies presently has a consensus rating of “Hold” and a consensus target price of $122.50.
In other news, insider John E. Berlin sold 19,860 shares of the stock in a transaction that occurred on Monday, May 8th. The stock was sold at an average price of $104.55, for a total value of $2,076,363.00. Following the completion of the sale, the insider now directly owns 56,262 shares of the company’s stock, valued at $5,882,192.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.12% of the stock is currently owned by corporate insiders.
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.
Want to see what other hedge funds are holding CSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Carlisle Companies Incorporated (NYSE:CSL).
Receive News & Ratings for Carlisle Companies Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlisle Companies Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.
