Unigestion Holding SA decreased its holdings in shares of Carlisle Companies, Inc. (NYSE:CSL) by 7.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,825 shares of the conglomerate’s stock after selling 4,707 shares during the quarter. Unigestion Holding SA’s holdings in Carlisle Companies were worth $6,921,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Janus Henderson Group PLC raised its stake in Carlisle Companies by 4.4% during the second quarter. Janus Henderson Group PLC now owns 4,286,431 shares of the conglomerate’s stock valued at $464,263,000 after purchasing an additional 181,769 shares in the last quarter. Wells Fargo & Company MN raised its stake in Carlisle Companies by 178.4% during the second quarter. Wells Fargo & Company MN now owns 1,707,543 shares of the conglomerate’s stock valued at $184,943,000 after purchasing an additional 1,094,184 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Carlisle Companies by 2.9% during the second quarter. Dimensional Fund Advisors LP now owns 932,758 shares of the conglomerate’s stock valued at $101,031,000 after purchasing an additional 26,245 shares in the last quarter. Select Equity Group L.P. purchased a new stake in Carlisle Companies during the second quarter valued at $82,864,000. Finally, FMR LLC raised its stake in Carlisle Companies by 8.0% during the second quarter. FMR LLC now owns 389,285 shares of the conglomerate’s stock valued at $42,164,000 after purchasing an additional 28,870 shares in the last quarter. 90.96% of the stock is currently owned by institutional investors.

Shares of CSL opened at $102.01 on Friday. Carlisle Companies, Inc. has a twelve month low of $92.16 and a twelve month high of $129.47. The firm has a market capitalization of $6.05 billion, a PE ratio of 18.45, a PEG ratio of 1.21 and a beta of 1.10. The company has a current ratio of 3.27, a quick ratio of 2.55 and a debt-to-equity ratio of 0.59.

Carlisle Companies (NYSE:CSL) last announced its earnings results on Tuesday, October 23rd. The conglomerate reported $1.59 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.73 by ($0.14). Carlisle Companies had a net margin of 14.21% and a return on equity of 13.47%. The firm had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the prior year, the company posted $1.37 EPS. The company’s revenue was up 17.9% compared to the same quarter last year. On average, equities research analysts predict that Carlisle Companies, Inc. will post 5.61 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Monday, November 19th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Friday, November 16th. Carlisle Companies’s dividend payout ratio is currently 28.93%.

Several brokerages have recently weighed in on CSL. BMO Capital Markets reissued a “buy” rating and issued a $135.00 target price on shares of Carlisle Companies in a research note on Friday, July 27th. Robert W. Baird increased their target price on shares of Carlisle Companies from $124.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, July 25th. Oppenheimer reissued a “hold” rating on shares of Carlisle Companies in a research note on Wednesday, July 25th. ValuEngine raised shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, July 25th. Finally, B. Riley increased their target price on shares of Carlisle Companies from $125.00 to $145.00 and gave the company a “buy” rating in a research note on Wednesday, July 25th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $129.80.

In other news, Director David A. Roberts sold 36,533 shares of the stock in a transaction on Thursday, September 13th. The shares were sold at an average price of $127.52, for a total value of $4,658,688.16. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 2.40% of the company’s stock.

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Carlisle Companies Company Profile

Carlisle Companies Incorporated operates as a diversified manufacturing company. The company's Carlisle Construction Materials segment provides insulation materials; thermoplastic polyolefin, ehtylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.

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Institutional Ownership by Quarter for Carlisle Companies (NYSE:CSL)

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