Shares of Carlisle Companies Incorporated (NYSE:CSL) have been assigned a consensus rating of “Hold” from the nine analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $123.33.

A number of research firms recently issued reports on CSL. CIBC restated a “market perform” rating on shares of Carlisle Companies in a research report on Wednesday, June 14th. Buckingham Research began coverage on shares of Carlisle Companies in a research report on Tuesday, September 5th. They set a “buy” rating and a $115.00 target price for the company. FBR & Co restated an “outperform” rating and set a $125.00 target price on shares of Carlisle Companies in a research report on Tuesday, July 11th. BidaskClub downgraded shares of Carlisle Companies from a “hold” rating to a “sell” rating in a research report on Friday, June 9th. Finally, Zacks Investment Research downgraded shares of Carlisle Companies from a “hold” rating to a “sell” rating in a research report on Thursday, July 6th.

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Shares of Carlisle Companies (NYSE:CSL) opened at 96.77 on Friday. The stock has a 50 day moving average price of $95.59 and a 200 day moving average price of $100.18. The stock has a market capitalization of $6.11 billion, a price-to-earnings ratio of 27.35 and a beta of 0.77. Carlisle Companies has a 1-year low of $92.09 and a 1-year high of $116.40.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.03). The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.06 billion. Carlisle Companies had a net margin of 6.04% and a return on equity of 15.18%. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.75 earnings per share. Equities research analysts anticipate that Carlisle Companies will post $5.20 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Friday, August 18th were given a $0.37 dividend. The ex-dividend date was Wednesday, August 16th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.53%. This is an increase from Carlisle Companies’s previous quarterly dividend of $0.35. Carlisle Companies’s dividend payout ratio is 41.93%.

In other Carlisle Companies news, insider John E. Berlin sold 6,250 shares of the company’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $94.31, for a total value of $589,437.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.12% of the company’s stock.

Institutional investors have recently modified their holdings of the business. Colonial Trust Advisors raised its position in shares of Carlisle Companies by 38.1% in the first quarter. Colonial Trust Advisors now owns 10,271 shares of the conglomerate’s stock worth $1,056,000 after acquiring an additional 2,835 shares during the period. SG Americas Securities LLC raised its position in shares of Carlisle Companies by 15.9% in the second quarter. SG Americas Securities LLC now owns 16,285 shares of the conglomerate’s stock worth $1,554,000 after acquiring an additional 2,234 shares during the period. Impala Asset Management LLC acquired a new position in shares of Carlisle Companies in the first quarter worth about $19,614,000. Canada Pension Plan Investment Board raised its position in shares of Carlisle Companies by 81.5% in the first quarter. Canada Pension Plan Investment Board now owns 4,900 shares of the conglomerate’s stock worth $521,000 after acquiring an additional 2,200 shares during the period. Finally, Perigon Wealth Management LLC raised its position in shares of Carlisle Companies by 19.6% in the first quarter. Perigon Wealth Management LLC now owns 6,165 shares of the conglomerate’s stock worth $656,000 after acquiring an additional 1,011 shares during the period. Institutional investors and hedge funds own 88.65% of the company’s stock.

About Carlisle Companies

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)

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