Canada Pension Plan Investment Board boosted its stake in Carlisle Companies Incorporated (NYSE:CSL) by 32.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,500 shares of the conglomerate’s stock after buying an additional 1,600 shares during the period. Canada Pension Plan Investment Board’s holdings in Carlisle Companies were worth $620,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. boosted its position in shares of Carlisle Companies by 2,245.8% in the first quarter. BlackRock Inc. now owns 5,977,338 shares of the conglomerate’s stock valued at $636,048,000 after buying an additional 5,722,532 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Carlisle Companies by 6.8% in the first quarter. Vanguard Group Inc. now owns 5,893,762 shares of the conglomerate’s stock valued at $627,155,000 after buying an additional 375,149 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of Carlisle Companies by 6.7% in the first quarter. Ameriprise Financial Inc. now owns 1,256,089 shares of the conglomerate’s stock valued at $133,655,000 after buying an additional 78,358 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of Carlisle Companies by 5.5% in the first quarter. Victory Capital Management Inc. now owns 1,113,475 shares of the conglomerate’s stock valued at $118,484,000 after buying an additional 58,047 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Carlisle Companies by 0.4% in the first quarter. AQR Capital Management LLC now owns 922,330 shares of the conglomerate’s stock valued at $98,145,000 after buying an additional 3,743 shares during the last quarter. Hedge funds and other institutional investors own 88.65% of the company’s stock.

Shares of Carlisle Companies Incorporated (NYSE:CSL) opened at 94.66 on Thursday. Carlisle Companies Incorporated has a 12-month low of $92.09 and a 12-month high of $116.40. The company’s 50-day moving average price is $96.84 and its 200 day moving average price is $101.26. The firm has a market capitalization of $5.98 billion, a price-to-earnings ratio of 26.76 and a beta of 0.77.

Carlisle Companies (NYSE:CSL) last announced its earnings results on Tuesday, July 25th. The conglomerate reported $1.58 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.61 by $0.03. Carlisle Companies had a return on equity of 15.18% and a net margin of 6.04%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the firm earned $1.75 EPS. Carlisle Companies’s revenue for the quarter was up 7.5% on a year-over-year basis. On average, equities research analysts forecast that Carlisle Companies Incorporated will post $5.19 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 18th will be issued a dividend of $0.37 per share. This is a boost from Carlisle Companies’s previous quarterly dividend of $0.35. The ex-dividend date is Wednesday, August 16th. This represents a $1.48 annualized dividend and a yield of 1.56%. Carlisle Companies’s payout ratio is presently 41.93%.

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Several analysts recently commented on CSL shares. BidaskClub lowered Carlisle Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Robert W. Baird reaffirmed an “outperform” rating on shares of Carlisle Companies in a report on Monday, July 10th. Oppenheimer Holdings, Inc. reaffirmed a “market perform” rating on shares of Carlisle Companies in a report on Wednesday, June 14th. Zacks Investment Research lowered Carlisle Companies from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Finally, FBR & Co reaffirmed an “outperform” rating and set a $125.00 target price on shares of Carlisle Companies in a report on Tuesday, July 11th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $122.50.

In related news, insider John E. Berlin sold 6,250 shares of the business’s stock in a transaction that occurred on Wednesday, August 30th. The stock was 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 available at this hyperlink. 2.12% of the stock is owned by insiders.

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.

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

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