Carlisle Cos. Inc. (NYSE:CSL) was downgraded by Longbow Research from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday. The analysts noted that the move was a valuation call.

Separately, Zacks Investment Research lowered Carlisle Cos. from a “buy” rating to a “hold” rating in a research report on Friday, August 5th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $113.57.

Analyst Recommendations for Carlisle Cos. (NYSE:CSL)

Shares of Carlisle Cos. (NYSE:CSL) opened at 114.37 on Tuesday. The stock has a market capitalization of $7.38 billion, a P/E ratio of 29.35 and a beta of 0.77. Carlisle Cos. has a 12-month low of $75.17 and a 12-month high of $116.02. The stock has a 50 day moving average price of $107.68 and a 200 day moving average price of $104.62.

Carlisle Cos. (NYSE:CSL) last released its quarterly earnings data on Tuesday, October 25th. The company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.69 by $0.05. Carlisle Cos. had a return on equity of 15.66% and a net margin of 6.99%. The company had revenue of $991 million for the quarter, compared to analyst estimates of $1.03 billion. During the same period last year, the company posted $1.56 earnings per share. The firm’s revenue was up 1.8% compared to the same quarter last year. On average, equities analysts anticipate that Carlisle Cos. will post $5.83 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, November 17th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Tuesday, November 15th. This represents a $1.40 dividend on an annualized basis and a yield of 1.23%. Carlisle Cos.’s dividend payout ratio (DPR) is 35.99%.

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In related news, insider John W. Altmeyer sold 51,505 shares of Carlisle Cos. stock in a transaction dated Thursday, November 10th. The stock was sold at an average price of $111.24, for a total value of $5,729,416.20. Following the completion of the transaction, the insider now directly owns 210,565 shares in the company, valued at $23,423,250.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.71% of the stock is owned by corporate insiders.

Institutional investors have recently bought and sold shares of the company. Quadrant Capital Group LLC increased its position in Carlisle Cos. by 1.8% in the second quarter. Quadrant Capital Group LLC now owns 984 shares of the company’s stock worth $103,000 after buying an additional 17 shares during the period. NEXT Financial Group Inc increased its position in shares of Carlisle Cos. by 47.9% in the second quarter. NEXT Financial Group Inc now owns 1,158 shares of the company’s stock worth $122,000 after buying an additional 375 shares during the last quarter. Washington Trust Bank increased its position in shares of Carlisle Cos. by 0.6% in the third quarter. Washington Trust Bank now owns 1,207 shares of the company’s stock worth $124,000 after buying an additional 7 shares during the last quarter. Acadian Asset Management LLC bought a new position in shares of Carlisle Cos. during the second quarter worth approximately $141,000. Finally, Cornerstone Advisors Inc. bought a new position in shares of Carlisle Cos. during the third quarter worth approximately $156,000. Institutional investors and hedge funds own 87.56% of the company’s stock.

About Carlisle Cos.

Carlisle Companies Incorporated is a holding company for Carlisle Corporation and its wholly owned subsidiaries. The Company is a diversified manufacturing company. The Company operates through five segments: Carlisle Construction Materials (CCM), Carlisle Interconnect Technologies (CIT), Carlisle Fluid Technologies (CFT), Carlisle Brake & Friction (CBF) and Carlisle FoodService Products (CFSP).

5 Day Chart for NYSE:CSL

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