Frontier Wealth Management LLC continued to hold its position in Carlisle Companies Incorporated (NYSE:CSL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,500 shares of the conglomerate’s stock at the end of the 2nd quarter. Frontier Wealth Management LLC’s holdings in Carlisle Companies were worth $334,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in CSL. NEXT Financial Group Inc increased its stake in Carlisle Companies by 39.3% in the 2nd quarter. NEXT Financial Group Inc now owns 1,091 shares of the conglomerate’s stock worth $104,000 after acquiring an additional 308 shares during the last quarter. Creative Planning boosted its holdings in shares of Carlisle Companies by 8.8% in the 2nd quarter. Creative Planning now owns 1,859 shares of the conglomerate’s stock worth $177,000 after purchasing an additional 150 shares during the period. Fairfax Financial Holdings Ltd Can purchased a new position in shares of Carlisle Companies in the 1st quarter worth approximately $202,000. Raymond James Financial Services Advisors Inc. purchased a new position in shares of Carlisle Companies in the 1st quarter worth approximately $252,000. Finally, Ontario Teachers Pension Plan Board purchased a new position in shares of Carlisle Companies in the 2nd quarter worth approximately $253,000. 88.55% of the stock is currently owned by institutional investors and hedge funds.

Shares of Carlisle Companies Incorporated (NYSE:CSL) traded down 0.23% during trading on Friday, hitting $100.29. The stock had a trading volume of 293,487 shares. Carlisle Companies Incorporated has a 52-week low of $92.09 and a 52-week high of $116.40. The firm has a market cap of $6.34 billion, a price-to-earnings ratio of 28.35 and a beta of 0.77. The firm’s 50-day moving average is $95.60 and its 200 day moving average is $100.02.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, July 25th. The conglomerate reported $1.58 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 during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the business posted $1.75 EPS. Carlisle Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. On average, analysts expect that Carlisle Companies Incorporated will post $5.16 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 issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend was Wednesday, August 16th. This is a boost from Carlisle Companies’s previous quarterly dividend of $0.35. Carlisle Companies’s dividend payout ratio (DPR) is currently 41.93%.

In related news, insider John E. Berlin sold 6,250 shares of the stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $94.31, for a total value of $589,437.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 2.12% of the stock is currently owned by company insiders.

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CSL has been the subject of a number of recent research reports. Oppenheimer Holdings, Inc. set a $120.00 target price on Carlisle Companies and gave the stock a “buy” rating in a report on Tuesday, June 6th. BidaskClub cut Carlisle Companies from a “hold” rating to a “sell” rating in a report on Friday, June 9th. CIBC reiterated a “market perform” rating on shares of Carlisle Companies in a report on Wednesday, June 14th. Zacks Investment Research cut Carlisle Companies from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Finally, Robert W. Baird reiterated an “outperform” rating on shares of Carlisle Companies in a report on Monday, July 10th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. Carlisle Companies currently has an average rating of “Hold” and a consensus price target of $121.00.

About Carlisle Companies

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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