A number of other research analysts also recently commented on CSL. Oppenheimer increased their target price on shares of Carlisle Companies from $150.00 to $155.00 and gave the company an outperform rating in a research report on Tuesday, June 18th. Buckingham Research downgraded shares of Lithia Motors from a buy rating to a neutral rating and increased their target price for the company from $120.00 to $125.00 in a research report on Monday, July 8th. They noted that the move was a valuation call. BMO Capital Markets increased their target price on shares of Inflarx to $64.00 and gave the company an outperform rating in a research report on Wednesday, April 24th. Zacks Investment Research raised shares of Triple-S Management from a hold rating to a buy rating and set a $26.00 target price on the stock in a research report on Monday, April 29th. Finally, Robert W. Baird lowered their price objective on shares of Waters from $211.00 to $209.00 and set a neutral rating on the stock in a research report on Wednesday, April 24th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Carlisle Companies currently has a consensus rating of Buy and a consensus target price of $141.50.
NYSE CSL opened at $129.84 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.96 and a quick ratio of 2.15. The firm has a fifty day moving average of $137.14. The stock has a market cap of $7.49 billion, a P/E ratio of 20.87, a price-to-earnings-growth ratio of 1.13 and a beta of 1.04. Carlisle Companies has a 12 month low of $92.16 and a 12 month high of $142.30.
In other Carlisle Companies news, Director David A. Roberts sold 28,571 shares of the firm’s stock in a transaction on Thursday, June 27th. The shares were sold at an average price of $137.74, for a total transaction of $3,935,369.54. Following the transaction, the director now directly owns 88,397 shares of the company’s stock, valued at approximately $12,175,802.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.70% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the company. Advisory Services Network LLC lifted its stake in shares of Carlisle Companies by 148.2% in the 1st quarter. Advisory Services Network LLC now owns 283 shares of the conglomerate’s stock worth $35,000 after acquiring an additional 169 shares during the period. Brand Asset Management Group Inc. acquired a new stake in shares of Carlisle Companies in the 1st quarter worth $36,000. O Shaughnessy Asset Management LLC acquired a new stake in shares of Carlisle Companies in the 1st quarter worth $45,000. NN Investment Partners Holdings N.V. acquired a new stake in shares of Carlisle Companies in the 2nd quarter worth $96,000. Finally, Rockefeller Capital Management L.P. acquired a new stake in shares of Carlisle Companies in the 1st quarter worth $100,000. Institutional investors own 87.11% of the company’s stock.
About Carlisle Companies
Carlisle Companies Incorporated operates as a diversified manufacturing company. It operates through four segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction. The Carlisle Construction Materials segment offers thermoplastic polyolefin, ethylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.
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