Carlisle Companies Incorporated (NYSE:CSL) Receives Consensus Rating of “Moderate Buy” from Brokerages

Carlisle Companies Incorporated (NYSE:CSL) has been given an average rating of “Moderate Buy” by the six research firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $416.00.

Several analysts have recently commented on the stock. StockNews.com raised shares of Carlisle Companies from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. Robert W. Baird upped their price objective on shares of Carlisle Companies from $435.00 to $465.00 and gave the company an “outperform” rating in a report on Friday, April 26th. The Goldman Sachs Group assumed coverage on shares of Carlisle Companies in a report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 price objective on the stock. Oppenheimer upped their price objective on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Finally, Loop Capital upped their price objective on shares of Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a report on Monday, April 1st.

Insider Activity

In other news, insider Lori A. Snyder sold 8,101 shares of the 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 completion of the sale, the insider now directly owns 5,212 shares in the company, valued at $1,770,203.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Carlisle Companies news, CEO D Christian Koch sold 6,454 shares of the stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $347.53, for a total transaction of $2,242,958.62. Following the completion of the transaction, the chief executive officer now owns 86,652 shares of the company’s stock, valued at $30,114,169.56. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Lori A. Snyder sold 8,101 shares of the stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the transaction, the insider now directly owns 5,212 shares of the company’s stock, valued at approximately $1,770,203.68. The disclosure for this sale can be found here. Insiders sold 15,255 shares of company stock worth $5,231,360 over the last three months. Insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Allworth Financial LP boosted its stake in shares of Carlisle Companies by 88.9% in the fourth quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 40 shares during the period. V Square Quantitative Management LLC purchased a new position in shares of Carlisle Companies in the fourth quarter valued at approximately $31,000. Principal Securities Inc. purchased a new position in shares of Carlisle Companies in the fourth quarter valued at approximately $32,000. Tennessee Valley Asset Management Partners purchased a new position in shares of Carlisle Companies in the fourth quarter valued at approximately $40,000. Finally, Robeco Institutional Asset Management B.V. boosted its stake in shares of Carlisle Companies by 38.1% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 13,841 shares of the conglomerate’s stock valued at $43,000 after purchasing an additional 3,815 shares during the period. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Carlisle Companies Stock Down 2.3 %

NYSE:CSL opened at $388.00 on Friday. The company has a market cap of $18.55 billion, a PE ratio of 22.49, a P/E/G ratio of 1.40 and a beta of 0.93. Carlisle Companies has a twelve month low of $205.10 and a twelve month high of $415.00. The company has a current ratio of 2.87, a quick ratio of 2.57 and a debt-to-equity ratio of 0.67. The company’s 50 day moving average is $372.96 and its two-hundred day moving average is $321.87.

Carlisle Companies (NYSE:CSL) last released its earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.98. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $993.06 million. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.23%. Analysts anticipate that Carlisle Companies will post 19.08 EPS for the current year.

About Carlisle Companies

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.