Carlisle Companies Incorporated (CSL) Stake Held by Bronfman E.L. Rothschild L.P.
Bronfman E.L. Rothschild L.P. held its stake in Carlisle Companies Incorporated (NYSE:CSL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,067 shares of the conglomerate’s stock at the close of the 2nd quarter. Bronfman E.L. Rothschild L.P.’s holdings in Carlisle Companies were worth $102,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also modified their holdings of the company. Colonial Trust Advisors grew its holdings in Carlisle Companies by 38.1% during the 1st quarter. Colonial Trust Advisors now owns 10,271 shares of the conglomerate’s stock worth $1,056,000 after acquiring an additional 2,835 shares during the period. SG Americas Securities LLC grew its holdings in Carlisle Companies by 15.9% during the 2nd quarter. SG Americas Securities LLC now owns 16,285 shares of the conglomerate’s stock worth $1,554,000 after acquiring an additional 2,234 shares during the period. Impala Asset Management LLC acquired a new stake in Carlisle Companies during the 1st quarter worth about $19,614,000. TFS Capital LLC acquired a new stake in Carlisle Companies during the 1st quarter worth about $459,000. Finally, Eagle Asset Management Inc. grew its holdings in Carlisle Companies by 124.9% during the 1st quarter. Eagle Asset Management Inc. now owns 113,889 shares of the conglomerate’s stock worth $12,118,000 after acquiring an additional 63,251 shares during the period. Hedge funds and other institutional investors own 88.65% of the company’s stock.
A number of brokerages have weighed in on CSL. CIBC reiterated a “market perform” rating on shares of Carlisle Companies in a report on Wednesday, June 14th. Oppenheimer Holdings, Inc. reiterated a “market perform” rating on shares of Carlisle Companies in a report on Wednesday, June 14th. Robert W. Baird reiterated an “outperform” rating on shares of Carlisle Companies in a report on Monday, July 10th. Buckingham Research began coverage on Carlisle Companies in a report on Tuesday, September 5th. They set a “buy” rating and a $115.00 price target for the company. Finally, FBR & Co reiterated an “outperform” rating and set a $125.00 price target on shares of Carlisle Companies in a report on Tuesday, July 11th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. Carlisle Companies presently has a consensus rating of “Hold” and a consensus target price of $121.00.
In related news, insider John E. Berlin sold 6,250 shares of the business’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $94.31, for a total transaction of $589,437.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 2.12% of the stock is owned by insiders.
Shares of Carlisle Companies Incorporated (NYSE:CSL) opened at 95.96 on Monday. The stock has a 50 day moving average price of $96.03 and a 200 day moving average price of $100.52. Carlisle Companies Incorporated has a 52 week low of $92.09 and a 52 week high of $116.40. The firm has a market capitalization of $6.06 billion, a P/E ratio of 27.12 and a beta of 0.77.
Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by $0.03. Carlisle Companies had a net margin of 6.04% and a return on equity of 15.18%. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the prior year, the firm earned $1.75 EPS. Carlisle Companies’s quarterly revenue was up 7.5% compared to the same quarter last year. Analysts forecast that Carlisle Companies Incorporated will post $5.20 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Friday, August 18th were given a dividend of $0.37 per share. The ex-dividend date was Wednesday, August 16th. This represents a $1.48 annualized dividend and a dividend yield of 1.54%. This is a boost from Carlisle Companies’s previous quarterly dividend of $0.35. Carlisle Companies’s payout ratio is currently 41.93%.
Carlisle Companies Company Profile
Carlisle Companies Incorporated is a manufacturing company. The Company designs, manufactures and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing, foodservice, and healthcare and sanitary maintenance.
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