Carlisle Companies Incorporated (NYSE:CSL)‘s stock had its “outperform” rating reiterated by equities research analysts at Robert W. Baird in a research note issued on Monday.

Several other research firms have also issued reports on CSL. Zacks Investment Research upgraded shares of Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Monday, March 20th. BMO Capital Markets restated a “buy” rating and set a $130.00 price target on shares of Carlisle Companies in a research report on Thursday, April 20th. Oppenheimer Holdings, Inc. restated a “buy” rating on shares of Carlisle Companies in a research report on Tuesday, May 9th. CIBC restated a “market perform” rating on shares of Carlisle Companies in a research report on Wednesday, June 14th. Finally, BidaskClub lowered shares of Carlisle Companies from a “hold” rating to a “sell” rating in a research report on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $122.50.

Carlisle Companies (CSL) opened at 96.35 on Monday. The company’s 50-day moving average price is $98.76 and its 200 day moving average price is $105.04. The company has a market capitalization of $6.22 billion, a price-to-earnings ratio of 25.94 and a beta of 0.77. Carlisle Companies has a 12 month low of $93.47 and a 12 month high of $116.40.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Thursday, April 27th. The conglomerate reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.04. Carlisle Companies had a net margin of 6.51% and a return on equity of 15.44%. The business had revenue of $857.30 million during the quarter, compared to analyst estimates of $832.50 million. During the same period in the prior year, the business posted $1.05 earnings per share. The company’s revenue was up 8.0% on a year-over-year basis. Analysts forecast that Carlisle Companies will post $5.65 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Carlisle Companies Incorporated (CSL) Stock Rating Reaffirmed by Robert W. Baird” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this report on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/07/10/carlisle-companies-inc-csl-earns-outperform-rating-from-robert-w-baird.html.

In other news, insider John E. Berlin sold 19,860 shares of the company’s stock in a transaction dated Monday, May 8th. The shares were sold at an average price of $104.55, for a total transaction of $2,076,363.00. Following the completion of the transaction, the insider now directly owns 56,262 shares of the company’s stock, valued at $5,882,192.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.12% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. Quadrant Capital Group LLC increased its position in shares of Carlisle Companies by 2.5% in the first quarter. Quadrant Capital Group LLC now owns 1,008 shares of the conglomerate’s stock valued at $105,000 after buying an additional 25 shares during the period. Israel Discount Bank of New York GFN purchased a new position in shares of Carlisle Companies during the fourth quarter valued at approximately $178,000. Fairfax Financial Holdings Ltd Can purchased a new position in shares of Carlisle Companies during the first quarter valued at approximately $202,000. Palisade Capital Management LLC NJ purchased a new position in shares of Carlisle Companies during the first quarter valued at approximately $225,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in shares of Carlisle Companies during the first quarter valued at approximately $252,000. 91.74% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Carlisle Companies (NYSE:CSL)

Receive News & Ratings for Carlisle Companies Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlisle Companies Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.