ValuEngine downgraded shares of Carlisle Companies (NYSE:CSL) from a buy rating to a hold rating in a research note released on Wednesday morning, ValuEngine reports.

A number of other equities analysts also recently weighed in on the company. Oppenheimer upped their price target on Carlisle Companies from $150.00 to $155.00 and gave the stock an outperform rating in a research report on Tuesday, June 18th. Buckingham Research downgraded Lithia Motors from a buy rating to a neutral rating and upped their price target for the stock from $120.00 to $125.00 in a research report on Monday, July 8th. They noted that the move was a valuation call. Robert W. Baird reduced their price target on Waters from $211.00 to $209.00 and set a neutral rating for the company in a research report on Wednesday, April 24th. BMO Capital Markets upped their price target on Inflarx to $64.00 and gave the stock an outperform rating in a research report on Wednesday, April 24th. Finally, Zacks Investment Research upgraded Triple-S Management from a hold rating to a buy rating and set a $26.00 price objective on the stock in a research note on Monday, April 29th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Carlisle Companies currently has a consensus rating of Buy and a consensus price target of $141.50.

NYSE:CSL opened at $129.84 on Wednesday. Carlisle Companies has a twelve month low of $92.16 and a twelve month high of $142.30. The company has a current ratio of 2.96, a quick ratio of 2.15 and a debt-to-equity ratio of 0.63. The business’s 50 day moving average price is $137.14. The firm has a market cap of $7.41 billion, a P/E ratio of 19.55, a P/E/G ratio of 1.11 and a beta of 1.04.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Tuesday, April 23rd. The conglomerate reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.31. Carlisle Companies had a return on equity of 15.22% and a net margin of 8.34%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the firm posted $0.97 EPS. The business’s revenue was up 8.9% on a year-over-year basis. As a group, research analysts forecast that Carlisle Companies will post 7.79 EPS for the current year.

In other news, Director David A. Roberts sold 28,571 shares of the company’s stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $137.74, for a total transaction of $3,935,369.54. Following the sale, the director now owns 88,397 shares in the company, valued at approximately $12,175,802.78. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.70% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the company. Harris Associates L P increased its holdings in Carlisle Companies by 60.3% in the fourth quarter. Harris Associates L P now owns 1,244,010 shares of the conglomerate’s stock worth $125,048,000 after purchasing an additional 468,140 shares in the last quarter. Brown Advisory Inc. increased its holdings in Carlisle Companies by 43.4% in the fourth quarter. Brown Advisory Inc. now owns 5,938 shares of the conglomerate’s stock worth $597,000 after purchasing an additional 1,797 shares in the last quarter. Segall Bryant & Hamill LLC increased its holdings in Carlisle Companies by 7.8% in the fourth quarter. Segall Bryant & Hamill LLC now owns 65,227 shares of the conglomerate’s stock worth $6,557,000 after purchasing an additional 4,699 shares in the last quarter. Parametrica Management Ltd bought a new stake in Carlisle Companies in the first quarter worth approximately $263,000. Finally, First Quadrant L P CA bought a new stake in Carlisle Companies in the first quarter worth approximately $2,066,000. Institutional investors own 87.11% of the company’s stock.

About Carlisle Companies

Carlisle Companies Incorporated operates as a diversified manufacturing company. It operates through four segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction. The Carlisle Construction Materials segment offers thermoplastic polyolefin, ethylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.

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Analyst Recommendations for Carlisle Companies (NYSE:CSL)

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