Dupont Capital Management Corp Boosts Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Dupont Capital Management Corp increased its holdings in Carlisle Companies Incorporated (NYSE:CSL – Get Rating) by 54.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 308 shares of the conglomerate’s stock after buying an additional 109 shares during the quarter. Dupont Capital Management Corp’s holdings in Carlisle Companies were worth $86,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in CSL. Citigroup Inc. raised its stake in Carlisle Companies by 48.1% during the 1st quarter. Citigroup Inc. now owns 20,327 shares of the conglomerate’s stock worth $4,998,000 after acquiring an additional 6,603 shares during the period. Great West Life Assurance Co. Can raised its stake in Carlisle Companies by 0.6% during the 1st quarter. Great West Life Assurance Co. Can now owns 29,831 shares of the conglomerate’s stock worth $7,549,000 after acquiring an additional 176 shares during the period. Raymond James Trust N.A. raised its stake in Carlisle Companies by 3.5% during the 1st quarter. Raymond James Trust N.A. now owns 2,160 shares of the conglomerate’s stock worth $531,000 after acquiring an additional 73 shares during the period. Synovus Financial Corp raised its stake in Carlisle Companies by 7.9% during the 1st quarter. Synovus Financial Corp now owns 4,958 shares of the conglomerate’s stock worth $1,206,000 after acquiring an additional 363 shares during the period. Finally, Sei Investments Co. raised its stake in Carlisle Companies by 23.6% during the 1st quarter. Sei Investments Co. now owns 53,110 shares of the conglomerate’s stock worth $13,028,000 after acquiring an additional 10,150 shares during the period. Hedge funds and other institutional investors own 89.76% of the company’s stock.

Carlisle Companies Trading Down 1.3 %

Carlisle Companies stock opened at $233.92 on Friday. The firm’s 50 day moving average price is $244.78 and its 200-day moving average price is $268.54. Carlisle Companies Incorporated has a 1 year low of $211.06 and a 1 year high of $318.71. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.79 and a quick ratio of 1.27. The stock has a market cap of $12.10 billion, a P/E ratio of 14.07, a PEG ratio of 0.64 and a beta of 0.95.

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

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 1st. Investors of record on Thursday, November 17th were issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date was Wednesday, November 16th. Carlisle Companies’s dividend payout ratio (DPR) is presently 18.04%.

Wall Street Analyst Weigh In

A number of research firms have commented on CSL. Robert W. Baird decreased their target price on shares of Carlisle Companies from $330.00 to $315.00 and set an “outperform” rating on the stock in a research note on Wednesday. Credit Suisse Group reduced their price objective on shares of Carlisle Companies from $363.00 to $350.00 and set an “outperform” rating on the stock in a research report on Monday, October 31st. Finally, StockNews.com initiated coverage on shares of Carlisle Companies in a research report on Wednesday, October 12th. They set a “hold” rating on the stock.

Carlisle Companies Company 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.