Carlisle Companies Incorporated (NYSE:CSL) Shares Purchased by Raymond James & Associates

Raymond James & Associates grew its holdings in Carlisle Companies Incorporated (NYSE:CSL – Get Rating) by 3.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,016 shares of the conglomerate’s stock after acquiring an additional 681 shares during the period. Raymond James & Associates’ holdings in Carlisle Companies were worth $6,174,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Cibc World Market Inc. acquired a new position in shares of Carlisle Companies during the second quarter worth about $2,751,000. Advisory Services Network LLC lifted its position in Carlisle Companies by 1.4% during the 2nd quarter. Advisory Services Network LLC now owns 3,397 shares of the conglomerate’s stock worth $810,000 after acquiring an additional 48 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in Carlisle Companies by 16.1% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 4,043 shares of the conglomerate’s stock worth $965,000 after acquiring an additional 561 shares during the period. CWM LLC grew its position in Carlisle Companies by 5.7% in the second quarter. CWM LLC now owns 2,616 shares of the conglomerate’s stock valued at $624,000 after acquiring an additional 140 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D raised its stake in shares of Carlisle Companies by 3.3% during the second quarter. State of New Jersey Common Pension Fund D now owns 28,809 shares of the conglomerate’s stock valued at $6,874,000 after purchasing an additional 921 shares during the period. Hedge funds and other institutional investors own 89.76% of the company’s stock.

Analysts Set New Price Targets

CSL has been the subject of a number of recent analyst reports. Robert W. Baird raised their price target on shares of Carlisle Companies from $325.00 to $330.00 in a report on Tuesday, October 11th. StockNews.com started coverage on Carlisle Companies in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Finally, Credit Suisse Group reduced their price target on Carlisle Companies from $363.00 to $350.00 and set an “outperform” rating for the company in a report on Monday, October 31st.

Carlisle Companies Price Performance

Shares of CSL stock opened at $239.43 on Friday. The firm has a market cap of $12.38 billion, a P/E ratio of 14.40, a P/E/G ratio of 0.65 and a beta of 0.95. The firm has a fifty day moving average of $244.41 and a two-hundred day moving average of $268.82. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.79 and a quick ratio of 1.27. Carlisle Companies Incorporated has a 1-year low of $211.06 and a 1-year high of $318.71.

Carlisle Companies (NYSE:CSL – Get Rating) last posted its quarterly earnings results on Thursday, October 27th. The conglomerate reported $5.66 EPS for the quarter, topping analysts’ consensus estimates of $5.39 by $0.27. Carlisle Companies had a return on equity of 35.77% and a net margin of 13.48%. The business had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.77 billion. As a group, research analysts anticipate that Carlisle Companies Incorporated will post 19.95 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 1st. Investors of record on Thursday, November 17th were given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend was Wednesday, November 16th. Carlisle Companies’s dividend payout ratio is currently 18.04%.

Carlisle Companies Profile

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Carlisle Companies Incorporated operates as a diversified manufacturer of engineered products in the United States, Europe, Asia, Canada, Mexico, the Middle East, Africa, and internationally. It operates through three segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, and Carlisle Fluid Technologies.