JustInvest LLC Invests $348,000 in Carlisle Companies Incorporated (NYSE:CSL)

JustInvest LLC acquired a new stake in Carlisle Companies Incorporated (NYSE:CSL) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 1,752 shares of the conglomerate’s stock, valued at approximately $348,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of CSL. Rockefeller Capital Management L.P. lifted its position in Carlisle Companies by 10,894.6% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 4,068 shares of the conglomerate’s stock valued at $778,000 after acquiring an additional 4,031 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new stake in Carlisle Companies in the 2nd quarter valued at $1,177,000. Principal Financial Group Inc. lifted its position in Carlisle Companies by 1.3% in the 2nd quarter. Principal Financial Group Inc. now owns 196,214 shares of the conglomerate’s stock valued at $37,551,000 after acquiring an additional 2,558 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its position in Carlisle Companies by 6.9% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 17,469 shares of the conglomerate’s stock valued at $3,343,000 after acquiring an additional 1,132 shares in the last quarter. Finally, Panagora Asset Management Inc. lifted its position in Carlisle Companies by 2.6% in the 2nd quarter. Panagora Asset Management Inc. now owns 80,349 shares of the conglomerate’s stock valued at $15,377,000 after acquiring an additional 2,056 shares in the last quarter. 93.82% of the stock is currently owned by institutional investors and hedge funds.

CSL has been the topic of several research reports. Zacks Investment Research raised shares of Carlisle Companies from a “hold” rating to a “strong-buy” rating and set a $243.00 price objective on the stock in a research report on Tuesday, October 26th. Oppenheimer lifted their price target on shares of Carlisle Companies from $255.00 to $270.00 and gave the company an “outperform” rating in a research note on Wednesday, December 8th. Jefferies Financial Group reiterated a “buy” rating on shares of Carlisle Companies in a research note on Friday, October 1st. Zelman & Associates began coverage on shares of Carlisle Companies in a research note on Monday, November 15th. They issued a “buy” rating on the stock. Finally, Robert W. Baird lifted their price target on shares of Carlisle Companies from $240.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, October 22nd. One research analyst has rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $231.86.

Carlisle Companies stock opened at $236.94 on Friday. The firm has a market capitalization of $12.39 billion, a PE ratio of 33.85, a P/E/G ratio of 1.22 and a beta of 1.09. The company’s 50-day moving average is $239.06 and its 200-day moving average is $217.29. Carlisle Companies Incorporated has a fifty-two week low of $143.52 and a fifty-two week high of $250.23. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.45 and a quick ratio of 1.80.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Wednesday, October 20th. The conglomerate reported $2.99 earnings per share for the quarter, topping the consensus estimate of $2.75 by $0.24. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.26 billion. Carlisle Companies had a net margin of 8.16% and a return on equity of 17.46%. During the same period in the previous year, the business earned $1.94 EPS. As a group, analysts expect that Carlisle Companies Incorporated will post 9.2 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 1st. Stockholders of record on Wednesday, November 17th were paid a dividend of $0.54 per share. The ex-dividend date of this dividend was Tuesday, November 16th. This represents a $2.16 annualized dividend and a dividend yield of 0.91%. Carlisle Companies’s dividend payout ratio is presently 30.86%.

About Carlisle Companies

Carlisle Cos., Inc engages in the manufacture and distribution of engineered products for both original equipment and aftermarket channels. It operates through the following segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction.

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Institutional Ownership by Quarter for Carlisle Companies (NYSE:CSL)

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