BlueCrest Capital Management Ltd bought a new stake in Carlisle Companies Incorporated (NYSE:CSL) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,391 shares of the conglomerate’s stock, valued at approximately $1,278,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. State Street Corp grew its holdings in Carlisle Companies by 1.5% in the 2nd quarter. State Street Corp now owns 2,579,973 shares of the conglomerate’s stock valued at $246,131,000 after buying an additional 38,112 shares during the last quarter. Colonial Trust Advisors grew its holdings in Carlisle Companies by 63.7% in the 2nd quarter. Colonial Trust Advisors now owns 16,810 shares of the conglomerate’s stock valued at $1,604,000 after buying an additional 6,539 shares during the last quarter. Janus Henderson Group PLC acquired a new stake in Carlisle Companies in the 2nd quarter valued at approximately $181,824,000. Shelton Capital Management acquired a new stake in Carlisle Companies in the 2nd quarter valued at approximately $466,000. Finally, Royal Bank of Canada grew its holdings in Carlisle Companies by 12.4% in the 2nd quarter. Royal Bank of Canada now owns 128,740 shares of the conglomerate’s stock valued at $12,283,000 after buying an additional 14,228 shares during the last quarter. 88.55% of the stock is currently owned by hedge funds and other institutional investors.
CSL has been the topic of a number of research analyst reports. 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. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $120.00 target price on shares of Carlisle Companies in a report on Wednesday, October 4th. Robert W. Baird reaffirmed a “buy” rating on shares of Carlisle Companies in a report on Wednesday, October 4th. FBR & Co reaffirmed a “buy” rating on shares of Carlisle Companies in a report on Tuesday, October 3rd. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $130.00 target price on shares of Carlisle Companies in a report on Friday, September 22nd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $122.00.
Shares of Carlisle Companies Incorporated (NYSE CSL) opened at 99.7704 on Friday. Carlisle Companies Incorporated has a one year low of $92.09 and a one year high of $116.40. The stock’s 50 day moving average price is $97.96 and its 200 day moving average price is $99.40. The firm has a market cap of $6.30 billion, a price-to-earnings ratio of 28.1997 and a beta of 0.79.
Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.03). The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.06 billion. Carlisle Companies had a net margin of 6.04% and a return on equity of 15.18%. Carlisle Companies’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.75 EPS. On average, equities analysts anticipate that Carlisle Companies Incorporated will post $5.11 earnings per share for the current fiscal year.
In other news, insider John E. Berlin sold 6,250 shares of the company’s stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $94.31, for a total value of $589,437.50. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.12% of the stock is owned by corporate insiders.
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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