1,449 Shares in Carlisle Companies Incorporated $CSL Purchased by Kepler Cheuvreux Suisse SA

Kepler Cheuvreux Suisse SA purchased a new stake in shares of Carlisle Companies Incorporated (NYSE:CSL) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,449 shares of the conglomerate’s stock, valued at approximately $483,000.

Other hedge funds have also recently bought and sold shares of the company. BOK Financial Private Wealth Inc. bought a new stake in shares of Carlisle Companies during the 4th quarter worth approximately $27,000. Torren Management LLC bought a new position in shares of Carlisle Companies in the fourth quarter valued at $33,000. Osterweis Capital Management Inc. bought a new position in shares of Carlisle Companies in the second quarter valued at $36,000. Quarry LP acquired a new position in Carlisle Companies during the fourth quarter worth $36,000. Finally, Rothschild Investment LLC increased its holdings in Carlisle Companies by 3,866.7% during the fourth quarter. Rothschild Investment LLC now owns 119 shares of the conglomerate’s stock worth $38,000 after buying an additional 116 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CSL has been the subject of a number of recent analyst reports. William Blair reiterated a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, March 18th. Robert W. Baird boosted their price objective on shares of Carlisle Companies from $402.00 to $425.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Zacks Research raised shares of Carlisle Companies from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. JPMorgan Chase & Co. upped their target price on shares of Carlisle Companies from $400.00 to $420.00 and gave the company an “overweight” rating in a report on Monday, March 9th. Finally, Oppenheimer raised their target price on shares of Carlisle Companies from $420.00 to $425.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $405.00.

Carlisle Companies Stock Down 0.1%

CSL opened at $366.37 on Monday. Carlisle Companies Incorporated has a 1-year low of $293.43 and a 1-year high of $435.92. The stock’s fifty day simple moving average is $351.74 and its 200 day simple moving average is $354.84. The company has a current ratio of 3.38, a quick ratio of 2.58 and a debt-to-equity ratio of 1.74. The stock has a market cap of $14.83 billion, a PE ratio of 21.54, a price-to-earnings-growth ratio of 1.16 and a beta of 0.85.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Thursday, April 23rd. The conglomerate reported $3.63 EPS for the quarter, topping analysts’ consensus estimates of $3.31 by $0.32. Carlisle Companies had a net margin of 14.57% and a return on equity of 43.78%. The firm had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.45 billion. During the same period in the previous year, the business posted $3.61 earnings per share. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. As a group, research analysts expect that Carlisle Companies Incorporated will post 21.16 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 18th were paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Monday, May 18th. Carlisle Companies’s dividend payout ratio (DPR) is currently 25.87%.

Carlisle Companies Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.