Carlisle Companies Incorporated (CSL) Shares Bought by California Public Employees Retirement System
California Public Employees Retirement System lifted its position in Carlisle Companies Incorporated (NYSE:CSL) by 1.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 146,500 shares of the conglomerate’s stock after buying an additional 1,800 shares during the quarter. California Public Employees Retirement System owned approximately 0.23% of Carlisle Companies worth $13,976,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. NEXT Financial Group Inc boosted its holdings in Carlisle Companies by 39.3% during the 2nd quarter. NEXT Financial Group Inc now owns 1,091 shares of the conglomerate’s stock valued at $104,000 after acquiring an additional 308 shares during the period. Creative Planning grew its position in Carlisle Companies by 8.8% in the 2nd quarter. Creative Planning now owns 1,859 shares of the conglomerate’s stock valued at $177,000 after acquiring an additional 150 shares in the last quarter. Fairfax Financial Holdings Ltd Can acquired a new position in Carlisle Companies in the 1st quarter valued at about $202,000. Raymond James Financial Services Advisors Inc. acquired a new position in Carlisle Companies in the 1st quarter valued at about $252,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in Carlisle Companies by 13.7% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,732 shares of the conglomerate’s stock valued at $261,000 after acquiring an additional 330 shares in the last quarter. Hedge funds and other institutional investors own 88.55% of the company’s stock.
Carlisle Companies Incorporated (NYSE:CSL) opened at 103.43 on Wednesday. Carlisle Companies Incorporated has a 1-year low of $92.09 and a 1-year high of $116.40. The company’s 50-day moving average price is $96.43 and its 200 day moving average price is $99.57. The firm has a market capitalization of $6.53 billion, a PE ratio of 29.23 and a beta of 0.79.
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 Thomson Reuters’ consensus estimate of $1.61 by ($0.03). The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Carlisle Companies had a net margin of 6.04% and a return on equity of 15.18%. The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.75 EPS. On average, equities analysts anticipate that Carlisle Companies Incorporated will post $5.16 EPS for the current year.
In other news, insider John E. Berlin sold 6,250 shares of the stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $94.31, for a total value of $589,437.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.12% of the stock is owned by insiders.
A number of analysts have issued reports on CSL shares. Oppenheimer Holdings, Inc. set a $120.00 price target on shares of Carlisle Companies and gave the stock a “buy” rating in a research note on Tuesday, June 6th. BidaskClub lowered shares of Carlisle Companies from a “hold” rating to a “sell” rating in a research note on Friday, June 9th. CIBC reissued a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, June 14th. Zacks Investment Research cut shares of Carlisle Companies from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Finally, Robert W. Baird restated an “outperform” rating on shares of Carlisle Companies in a report on Monday, July 10th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. Carlisle Companies has an average rating of “Hold” and an average 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.
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