Envestnet Asset Management Inc. reduced its holdings in shares of Carlisle Companies, Inc. (NYSE:CSL) by 2.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,173 shares of the conglomerate’s stock after selling 1,094 shares during the quarter. Envestnet Asset Management Inc. owned 0.06% of Carlisle Companies worth $3,728,000 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. Vanguard Group Inc. lifted its holdings in shares of Carlisle Companies by 0.6% during the second quarter. Vanguard Group Inc. now owns 5,928,831 shares of the conglomerate’s stock valued at $565,611,000 after purchasing an additional 35,069 shares in the last quarter. Atlanta Capital Management Co. L L C lifted its holdings in Carlisle Companies by 12.3% in the second quarter. Atlanta Capital Management Co. L L C now owns 2,931,083 shares of the conglomerate’s stock valued at $279,625,000 after acquiring an additional 320,305 shares during the period. State Street Corp lifted its holdings in Carlisle Companies by 1.5% in the second quarter. State Street Corp now owns 2,579,973 shares of the conglomerate’s stock valued at $246,131,000 after acquiring an additional 38,112 shares during the period. Janus Henderson Group PLC bought a new position in Carlisle Companies in the second quarter valued at about $181,824,000. Finally, Schroder Investment Management Group lifted its holdings in Carlisle Companies by 16.4% in the third quarter. Schroder Investment Management Group now owns 1,487,103 shares of the conglomerate’s stock valued at $149,484,000 after acquiring an additional 209,448 shares during the period. 88.98% of the stock is currently owned by hedge funds and other institutional investors.
Carlisle Companies, Inc. (NYSE CSL) opened at $112.89 on Tuesday. Carlisle Companies, Inc. has a 1-year low of $92.09 and a 1-year high of $116.53. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.14 and a quick ratio of 1.43. The firm has a market capitalization of $7,074.49, a PE ratio of 21.13, a price-to-earnings-growth ratio of 1.44 and a beta of 0.88.
The business also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 17th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date was Thursday, November 16th. Carlisle Companies’s payout ratio is 29.31%.
CSL has been the topic of a number of recent research reports. FBR & Co set a $125.00 target price on Carlisle Companies and gave the company a “buy” rating in a report on Wednesday, October 25th. Buckingham Research initiated coverage on Carlisle Companies in a report on Tuesday, September 5th. They issued a “buy” rating and a $115.00 target price on the stock. BMO Capital Markets reissued a “buy” rating and issued a $130.00 target price on shares of Carlisle Companies in a report on Friday, September 22nd. SunTrust Banks reissued a “buy” rating and issued a $120.00 target price on shares of Carlisle Companies in a report on Wednesday, October 4th. Finally, Robert W. Baird reissued a “buy” rating on shares of Carlisle Companies in a report on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. Carlisle Companies currently has a consensus rating of “Buy” and an average price target of $122.33.
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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