Comerica Bank lowered its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 1.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,759 shares of the conglomerate’s stock after selling 856 shares during the period. Comerica Bank owned about 0.08% of Carlisle Companies worth $5,608,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of CSL. Toronto Dominion Bank bought a new stake in shares of Carlisle Companies in the 3rd quarter valued at about $126,000. Creative Planning lifted its stake in shares of 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 during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Carlisle Companies by 3.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,446 shares of the conglomerate’s stock valued at $233,000 after acquiring an additional 75 shares during the last quarter. Ontario Teachers Pension Plan Board bought a new stake in shares of Carlisle Companies in the 2nd quarter valued at about $253,000. Finally, Cetera Investment Advisers bought a new stake in shares of Carlisle Companies in the 2nd quarter valued at about $256,000. 88.83% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have commented on CSL. Zacks Investment Research raised Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. SunTrust Banks, Inc. upped their price target on Carlisle Companies to $126.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. B. Riley reaffirmed a “buy” rating on shares of Carlisle Companies in a research report on Wednesday, November 1st. Robert W. Baird upped their price target on Carlisle Companies from $110.00 to $118.00 and gave the company an “outperform” rating in a research report on Wednesday, October 25th. Finally, Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Carlisle Companies in a research report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $122.33.

Carlisle Companies Incorporated (NYSE:CSL) opened at $110.54 on Wednesday. Carlisle Companies Incorporated has a twelve month low of $92.09 and a twelve month high of $116.40. The company has a current ratio of 2.14, a quick ratio of 1.43 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $6,810.41, a P/E ratio of 20.34, a price-to-earnings-growth ratio of 1.39 and a beta of 0.86.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. Carlisle Companies had a return on equity of 14.11% and a net margin of 8.35%. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the prior year, the business earned $1.74 EPS. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. sell-side analysts expect that Carlisle Companies Incorporated will post 4.95 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Friday, November 17th will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.34%. Carlisle Companies’s dividend payout ratio (DPR) is 29.31%.

In other Carlisle Companies news, insider John E. Berlin sold 6,250 shares of the company’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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.12% of the stock is currently owned by corporate insiders.

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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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