Carlisle Cos. Inc. (NYSE:CSL) traded down 1.2% during mid-day trading on Monday . The stock traded as low as $106.44 and last traded at $106.80, with a volume of 319,789 shares. The stock had previously closed at $108.15.

A number of research firms have commented on CSL. Zacks Investment Research cut shares of Carlisle Cos. from a “buy” rating to a “hold” rating in a research note on Thursday, April 28th. Royal Bank Of Canada decreased their target price on shares of Carlisle Cos. from $102.00 to $93.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 28th. Robert W. Baird restated an “outperform” rating and set a $108.00 target price on shares of Carlisle Cos. in a research note on Thursday, July 7th. Wunderlich raised their target price on shares of Carlisle Cos. from $110.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, April 27th. Finally, Northcoast Research cut shares of Carlisle Cos. from a “buy” rating to a “neutral” rating in a research note on Thursday, June 2nd. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Carlisle Cos. presently has a consensus rating of “Buy” and a consensus price target of $113.57.

The company has a market capitalization of $6.87 billion and a price-to-earnings ratio of 20.23. The stock’s 50 day moving average price is $103.43 and its 200 day moving average price is $95.97.

Carlisle Cos. (NYSE:CSL) last issued its earnings results on Wednesday, April 27th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.23. The business had revenue of $794 million for the quarter, compared to analyst estimates of $778.62 million. During the same period last year, the business posted $0.59 EPS. Carlisle Cos.’s revenue was up 11.9% on a year-over-year basis. On average, equities research analysts anticipate that Carlisle Cos. Inc. will post $5.71 earnings per share for the current year.

In related news, CFO Steven J. Ford sold 24,568 shares of the firm’s stock in a transaction that occurred on Thursday, April 28th. The stock was sold at an average price of $104.03, for a total transaction of $2,555,809.04. Following the transaction, the chief financial officer now owns 112,556 shares in the company, valued at approximately $11,709,200.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Lawrence A. Sala sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, May 9th. The stock was sold at an average price of $102.07, for a total value of $408,280.00. Following the transaction, the director now owns 22,248 shares in the company, valued at approximately $2,270,853.36. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have recently added to or reduced their stakes in the company. Cornerstone Capital Management Holdings LLC. purchased a new position in Carlisle Cos. during the fourth quarter worth about $13,359,000. State of Wisconsin Investment Board increased its position in Carlisle Cos. by 88.8% in the fourth quarter. State of Wisconsin Investment Board now owns 261,183 shares of the company’s stock worth $23,164,000 after buying an additional 122,840 shares in the last quarter. Vanguard Group Inc. increased its position in Carlisle Cos. by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 4,748,067 shares of the company’s stock worth $421,106,000 after buying an additional 86,536 shares in the last quarter. Schroder Investment Management Group increased its position in Carlisle Cos. by 13.5% in the fourth quarter. Schroder Investment Management Group now owns 609,200 shares of the company’s stock worth $54,030,000 after buying an additional 72,500 shares in the last quarter. Finally, Victory Capital Management Inc. increased its position in Carlisle Cos. by 4.4% in the fourth quarter. Victory Capital Management Inc. now owns 1,287,398 shares of the company’s stock worth $114,180,000 after buying an additional 54,534 shares in the last quarter.

Carlisle Companies Incorporated (Carlisle) is a holding company for Carlisle Corporation and its wholly-owned subsidiaries. Carlisle is a diversified manufacturing company. The Company operates through four segments.. The Carlisle Construction Materials segment manufactures and sells rubber, thermoplastic polyolefin and polyvinyl chloride membrane roofing systems.

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