Carlisle Companies Incorporated (NYSE:CSL – Get Free Report) CAO Stephen Aldrich sold 1,095 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $397.50, for a total transaction of $435,262.50. Following the sale, the chief accounting officer now owns 1,624 shares in the company, valued at $645,540. The sale was disclosed in a filing with the SEC, which is available at this link.
Carlisle Companies Price Performance
Carlisle Companies stock opened at $405.84 on Tuesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.95 and a quick ratio of 2.61. The stock has a market cap of $19.43 billion, a price-to-earnings ratio of 23.53, a price-to-earnings-growth ratio of 1.36 and a beta of 0.90. The firm has a 50-day moving average of $376.23 and a two-hundred day moving average of $325.57. Carlisle Companies Incorporated has a 1 year low of $205.10 and a 1 year high of $415.00.
Carlisle Companies (NYSE:CSL – Get Free Report) last announced its quarterly earnings results on Thursday, April 25th. The conglomerate reported $3.72 EPS for the quarter, beating the consensus estimate of $2.74 by $0.98. Carlisle Companies had a return on equity of 30.41% and a net margin of 17.13%. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $993.06 million. On average, research analysts forecast that Carlisle Companies Incorporated will post 19.51 earnings per share for the current year.
Carlisle Companies Announces Dividend
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Carlisle Companies during the 4th quarter valued at $159,187,000. Pacer Advisors Inc. raised its stake in Carlisle Companies by 5,351.1% in the fourth quarter. Pacer Advisors Inc. now owns 421,422 shares of the conglomerate’s stock valued at $131,665,000 after buying an additional 413,691 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its holdings in Carlisle Companies by 666.0% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 227,949 shares of the conglomerate’s stock worth $71,218,000 after acquiring an additional 198,191 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Carlisle Companies by 1,074.0% during the fourth quarter. Wellington Management Group LLP now owns 152,001 shares of the conglomerate’s stock worth $47,490,000 after acquiring an additional 139,054 shares during the last quarter. Finally, Morgan Stanley grew its stake in shares of Carlisle Companies by 3.6% during the third quarter. Morgan Stanley now owns 2,578,221 shares of the conglomerate’s stock worth $668,430,000 after acquiring an additional 90,597 shares during the last quarter. Hedge funds and other institutional investors own 89.52% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on CSL shares. Robert W. Baird upped their price objective on Carlisle Companies from $435.00 to $465.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. The Goldman Sachs Group initiated coverage on Carlisle Companies in a research report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 price target for the company. Oppenheimer boosted their price objective on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. Finally, Loop Capital upped their price target on shares of Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a report on Monday, April 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $416.00.
View Our Latest Analysis on Carlisle Companies
Carlisle Companies Company Profile
Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.
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