Boston Common Asset Management LLC Has $3.75 Million Stake in Carlisle Companies Incorporated $CSL

Boston Common Asset Management LLC decreased its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 18.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,391 shares of the conglomerate’s stock after selling 2,561 shares during the quarter. Boston Common Asset Management LLC’s holdings in Carlisle Companies were worth $3,747,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Hemington Wealth Management lifted its stake in Carlisle Companies by 61.9% in the second quarter. Hemington Wealth Management now owns 68 shares of the conglomerate’s stock valued at $25,000 after acquiring an additional 26 shares during the last quarter. Park Avenue Securities LLC grew its holdings in Carlisle Companies by 3.8% during the second quarter. Park Avenue Securities LLC now owns 829 shares of the conglomerate’s stock worth $310,000 after purchasing an additional 30 shares during the period. Vermillion & White Wealth Management Group LLC increased its position in Carlisle Companies by 69.6% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 78 shares of the conglomerate’s stock worth $29,000 after buying an additional 32 shares during the last quarter. Blue Trust Inc. raised its stake in Carlisle Companies by 4.9% in the third quarter. Blue Trust Inc. now owns 679 shares of the conglomerate’s stock valued at $223,000 after buying an additional 32 shares during the period. Finally, TFG Advisers LLC lifted its position in shares of Carlisle Companies by 2.2% in the second quarter. TFG Advisers LLC now owns 1,565 shares of the conglomerate’s stock valued at $584,000 after buying an additional 33 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Stock Performance

NYSE CSL opened at $358.82 on Thursday. The firm’s 50 day simple moving average is $328.90 and its 200 day simple moving average is $351.12. The firm has a market capitalization of $14.99 billion, a price-to-earnings ratio of 20.35, a P/E/G ratio of 1.09 and a beta of 0.95. The company has a current ratio of 3.25, a quick ratio of 2.62 and a debt-to-equity ratio of 1.45. Carlisle Companies Incorporated has a 1 year low of $293.43 and a 1 year high of $435.92.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Wednesday, October 29th. The conglomerate reported $5.61 earnings per share for the quarter, topping the consensus estimate of $5.47 by $0.14. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. Carlisle Companies had a return on equity of 40.26% and a net margin of 15.48%.Carlisle Companies’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the prior year, the company earned $5.78 EPS. As a group, research analysts expect that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 14th were issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Friday, November 14th. Carlisle Companies’s dividend payout ratio is presently 24.96%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on CSL shares. The Goldman Sachs Group cut their price target on Carlisle Companies from $444.00 to $385.00 and set a “buy” rating for the company in a report on Monday, October 13th. Vertical Research started coverage on Carlisle Companies in a report on Monday, October 20th. They set a “hold” rating for the company. Oppenheimer lowered their price objective on Carlisle Companies from $440.00 to $415.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. Robert W. Baird dropped their target price on Carlisle Companies from $440.00 to $385.00 and set an “outperform” rating for the company in a report on Monday, October 13th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Carlisle Companies from $410.00 to $400.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $386.67.

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.