Carlisle Companies (NYSE:CSL) PT Raised to $465.00 at Robert W. Baird

Carlisle Companies (NYSE:CSL) had its target price boosted by Robert W. Baird from $435.00 to $465.00 in a research report released on Friday morning, Benzinga reports. Robert W. Baird currently has an outperform rating on the conglomerate’s stock.

CSL has been the subject of a number of other research reports. Loop Capital raised their target price on Carlisle Companies from $375.00 to $440.00 and gave the stock a buy rating in a research note on Monday, April 1st. StockNews.com upgraded Carlisle Companies from a hold rating to a buy rating in a research note on Wednesday, February 7th. The Goldman Sachs Group began coverage on Carlisle Companies in a research note on Wednesday, April 3rd. They issued a buy rating and a $455.00 target price for the company. Finally, Oppenheimer raised their target price on Carlisle Companies from $405.00 to $412.00 and gave the stock an outperform rating in a research note on Thursday, April 18th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of Moderate Buy and a consensus price target of $398.33.

Carlisle Companies Stock Up 4.9 %

Carlisle Companies stock opened at $400.92 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.87 and a quick ratio of 2.57. The stock has a market capitalization of $19.16 billion, a price-to-earnings ratio of 23.24, a PEG ratio of 1.36 and a beta of 0.93. Carlisle Companies has a 1-year low of $205.10 and a 1-year high of $415.00. The business has a fifty day moving average price of $371.87 and a 200-day moving average price of $320.12.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Thursday, April 25th. The conglomerate reported $3.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.74 by $0.98. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $993.06 million. Carlisle Companies had a return on equity of 30.23% and a net margin of 17.13%. Equities research analysts forecast that Carlisle Companies will post 18.72 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 16th were paid a dividend of $0.85 per share. The ex-dividend date was Thursday, February 15th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.85%. Carlisle Companies’s payout ratio is currently 19.71%.

Insider Buying and Selling at Carlisle Companies

In other Carlisle Companies news, VP David W. Smith sold 700 shares of Carlisle Companies stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $338.54, for a total transaction of $236,978.00. Following the completion of the transaction, the vice president now owns 2,834 shares in the company, valued at approximately $959,422.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Carlisle Companies news, VP David W. Smith sold 700 shares of Carlisle Companies stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $338.54, for a total transaction of $236,978.00. Following the completion of the transaction, the vice president now owns 2,834 shares in the company, valued at approximately $959,422.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Lori A. Snyder sold 8,101 shares of the firm’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $339.64, for a total value of $2,751,423.64. Following the sale, the insider now owns 5,212 shares in the company, valued at $1,770,203.68. The disclosure for this sale can be found here. In the last quarter, insiders sold 15,255 shares of company stock worth $5,231,360. Insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Carlisle Companies

Institutional investors have recently modified their holdings of the business. Allworth Financial LP grew its position in shares of Carlisle Companies by 88.9% during the 4th quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock valued at $27,000 after acquiring an additional 40 shares during the period. V Square Quantitative Management LLC acquired a new stake in Carlisle Companies in the 4th quarter worth about $31,000. Principal Securities Inc. acquired a new stake in Carlisle Companies in the 4th quarter worth about $32,000. Tennessee Valley Asset Management Partners acquired a new stake in Carlisle Companies in the 4th quarter worth about $40,000. Finally, Robeco Institutional Asset Management B.V. boosted its holdings in Carlisle Companies by 38.1% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 13,841 shares of the conglomerate’s stock worth $43,000 after buying an additional 3,815 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Company Profile

Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.