AMP Capital Investors Ltd boosted its holdings in Carlisle Companies, Inc. (NYSE:CSL) by 45.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,100 shares of the conglomerate’s stock after buying an additional 4,736 shares during the quarter. AMP Capital Investors Ltd’s holdings in Carlisle Companies were worth $1,514,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Cetera Investment Advisers acquired a new stake in Carlisle Companies in the second quarter valued at about $256,000. SG Americas Securities LLC boosted its stake in Carlisle Companies by 15.9% in the second quarter. SG Americas Securities LLC now owns 16,285 shares of the conglomerate’s stock valued at $1,554,000 after buying an additional 2,234 shares in the last quarter. HGK Asset Management Inc. acquired a new stake in Carlisle Companies in the second quarter valued at about $8,008,000. Schroder Investment Management Group boosted its stake in Carlisle Companies by 42.8% in the second quarter. Schroder Investment Management Group now owns 1,277,655 shares of the conglomerate’s stock valued at $120,202,000 after buying an additional 383,088 shares in the last quarter. Finally, Seven Eight Capital LP acquired a new stake in Carlisle Companies in the second quarter valued at about $2,929,000. 88.91% of the stock is currently owned by institutional investors and hedge funds.
CSL has been the topic of a number of recent research reports. B. Riley reissued a “buy” rating on shares of Carlisle Companies in a research note on Wednesday, November 1st. FBR & Co set a $125.00 price target on Carlisle Companies and gave the company a “buy” rating in a research note on Wednesday, October 25th. Zacks Investment Research lowered Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday. SunTrust Banks reissued a “buy” rating and set a $120.00 price target on shares of Carlisle Companies in a research note on Wednesday, October 4th. Finally, Oppenheimer reissued a “hold” rating on shares of Carlisle Companies in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $123.25.
Carlisle Companies (NYSE:CSL) last issued its earnings results on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.35 by $0.02. The business had revenue of $1.09 billion during 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%. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.74 earnings per share. research analysts predict that Carlisle Companies, Inc. will post 4.89 EPS for the current fiscal year.
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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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