Quantbot Technologies LP decreased its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 14.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 30,997 shares of the conglomerate’s stock after selling 5,244 shares during the quarter. Quantbot Technologies LP owned about 0.05% of Carlisle Companies worth $3,108,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. Toronto Dominion Bank acquired a new stake in shares of Carlisle Companies during the 3rd quarter worth approximately $126,000. Creative Planning grew its position in Carlisle Companies by 8.8% in the 2nd quarter. Creative Planning now owns 1,859 shares of the conglomerate’s stock valued at $177,000 after purchasing an additional 150 shares during the period. Raymond James Financial Services Advisors Inc. grew its position 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 purchasing an additional 75 shares during the period. Ontario Teachers Pension Plan Board acquired a new stake in Carlisle Companies in the 2nd quarter valued at $253,000. Finally, Cetera Investment Advisers acquired a new stake in Carlisle Companies in the 2nd quarter valued at $256,000. 90.06% of the stock is owned by institutional investors.
Carlisle Companies Incorporated (NYSE CSL) traded up $1.36 during midday trading on Friday, hitting $108.88. The stock had a trading volume of 414,300 shares, compared to its average volume of 481,912. The company has a market cap of $6,688.28, a PE ratio of 19.98, a price-to-earnings-growth ratio of 1.36 and a beta of 0.86. Carlisle Companies Incorporated has a 12 month low of $92.09 and a 12 month high of $116.40. 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 released its earnings results on Tuesday, October 24th. The conglomerate reported $1.37 EPS for the quarter, topping the Zacks’ consensus estimate of $1.35 by $0.02. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.05 billion. Carlisle Companies had a return on equity of 14.11% and a net margin of 8.35%. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.74 EPS. equities research analysts forecast that Carlisle Companies Incorporated will post 4.97 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 17th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Thursday, November 16th. Carlisle Companies’s payout ratio is 29.31%.
Several research firms recently issued reports on CSL. Zacks Investment Research raised shares of Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. SunTrust Banks, Inc. lifted their price target on shares of Carlisle Companies to $126.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. B. Riley reissued a “buy” rating on shares of Carlisle Companies in a research report on Wednesday, November 1st. Robert W. Baird lifted their price target on shares of Carlisle Companies from $110.00 to $118.00 and gave the company an “outperform” rating in a research report on Wednesday, October 25th. Finally, FBR & Co set a $125.00 price target on shares of Carlisle Companies and gave the company a “buy” rating in a research report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $122.33.
In related news, insider John E. Berlin sold 6,250 shares of the business’s stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $94.31, for a total value of $589,437.50. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 2.12% of the company’s stock.
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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