Robert W. Baird restated their buy rating on shares of Carlisle Companies Incorporated (NYSE:CSL) in a research report sent to investors on Wednesday morning.

Several other brokerages have also weighed in on CSL. BidaskClub lowered shares of Carlisle Companies from a hold rating to a sell rating in a report on Saturday, August 5th. Zacks Investment Research upgraded shares of Carlisle Companies from a sell rating to a hold rating in a report on Monday, September 11th. Oppenheimer Holdings, Inc. reiterated a market perform rating on shares of Carlisle Companies in a report on Wednesday, June 14th. BMO Capital Markets reiterated a buy rating and set a $130.00 price objective on shares of Carlisle Companies in a report on Friday, September 22nd. Finally, FBR & Co reiterated an outperform rating and set a $125.00 price objective on shares of Carlisle Companies in a report on Tuesday, July 11th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $122.00.

Carlisle Companies (NYSE CSL) traded up 0.05% during trading on Wednesday, reaching $103.18. The company’s stock had a trading volume of 268,469 shares. Carlisle Companies has a 12 month low of $92.09 and a 12 month high of $116.40. The stock’s 50-day moving average is $96.65 and its 200 day moving average is $99.60. The company has a market cap of $6.52 billion, a P/E ratio of 29.16 and a beta of 0.79.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share 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 for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the company posted $1.75 EPS. Carlisle Companies’s revenue for the quarter was up 7.5% on a year-over-year basis. On average, equities analysts forecast that Carlisle Companies will post $5.15 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Carlisle Companies’ (CSL) “Buy” Rating Reaffirmed at Robert W. Baird” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this news story on another site, it was stolen and reposted in violation of US and international copyright and trademark laws. The original version of this news story can be viewed at https://www.thecerbatgem.com/2017/10/05/carlisle-companies-csl-buy-rating-reaffirmed-at-robert-w-baird.html.

In related news, insider John E. Berlin sold 6,250 shares of the company’s stock in a transaction dated 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 SEC, which is available at this link. Corporate insiders own 2.12% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. BlackRock Inc. grew its position in Carlisle Companies by 2,245.8% in the 1st quarter. BlackRock Inc. now owns 5,977,338 shares of the conglomerate’s stock worth $636,048,000 after purchasing an additional 5,722,532 shares in the last quarter. Vanguard Group Inc. grew its position in Carlisle Companies by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 5,928,831 shares of the conglomerate’s stock worth $565,611,000 after purchasing an additional 35,069 shares in the last quarter. Atlanta Capital Management Co. L L C grew its position in Carlisle Companies by 12.3% in the 2nd quarter. Atlanta Capital Management Co. L L C now owns 2,931,083 shares of the conglomerate’s stock worth $279,625,000 after purchasing an additional 320,305 shares in the last quarter. State Street Corp grew its position in Carlisle Companies by 1.5% in the 2nd quarter. State Street Corp now owns 2,579,973 shares of the conglomerate’s stock worth $246,131,000 after purchasing an additional 38,112 shares in the last quarter. Finally, Janus Henderson Group PLC bought a new stake in Carlisle Companies in the 2nd quarter worth about $181,824,000. 88.55% of the stock is owned by institutional investors and hedge funds.

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.

Analyst Recommendations for Carlisle Companies (NYSE:CSL)

Receive News & Stock Ratings for Carlisle Companies Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlisle Companies Incorporated and related stocks with our FREE daily email newsletter.