2,206 Shares in Carlisle Companies Incorporated (NYSE:CSL) Acquired by Entropy Technologies LP

Entropy Technologies LP purchased a new position in shares of Carlisle Companies Incorporated (NYSE:CSL) in the 3rd quarter, Holdings Channel reports. The firm purchased 2,206 shares of the conglomerate’s stock, valued at approximately $992,000.

Several other hedge funds also recently bought and sold shares of CSL. Capital Performance Advisors LLP acquired a new stake in shares of Carlisle Companies during the third quarter valued at $25,000. ORG Partners LLC acquired a new stake in shares of Carlisle Companies during the 2nd quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Carlisle Companies during the second quarter worth about $32,000. ORG Wealth Partners LLC acquired a new position in shares of Carlisle Companies in the third quarter valued at approximately $32,000. Finally, Gilliland Jeter Wealth Management LLC purchased a new position in shares of Carlisle Companies during the second quarter valued at approximately $39,000. Hedge funds and other institutional investors own 89.52% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Oppenheimer boosted their price objective on shares of Carlisle Companies from $480.00 to $505.00 and gave the company an “outperform” rating in a research note on Tuesday, October 22nd. StockNews.com lowered shares of Carlisle Companies from a “buy” rating to a “hold” rating in a report on Tuesday, August 27th. Finally, Robert W. Baird cut their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $475.00.

Carlisle Companies Stock Performance

Carlisle Companies stock opened at $454.89 on Thursday. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68. The stock has a 50 day moving average of $440.64 and a 200-day moving average of $421.72. The stock has a market cap of $20.62 billion, a P/E ratio of 16.10, a price-to-earnings-growth ratio of 1.48 and a beta of 0.91. Carlisle Companies Incorporated has a 52 week low of $269.58 and a 52 week high of $481.26.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing analysts’ consensus estimates of $5.82 by ($0.04). The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.38 billion. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The company’s revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the company earned $4.68 earnings per share. On average, analysts expect that Carlisle Companies Incorporated will post 20.36 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be issued a $1.00 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.88%. Carlisle Companies’s dividend payout ratio (DPR) is 14.15%.

About Carlisle Companies

Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.