Amalgamated Bank boosted its position in Carlisle Companies Incorporated (NYSE:CSL) by 25.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,531 shares of the conglomerate’s stock after purchasing an additional 2,537 shares during the quarter. Amalgamated Bank’s holdings in Carlisle Companies were worth $1,195,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas boosted its stake in Carlisle Companies by 0.5% in the 2nd quarter. Teacher Retirement System of Texas now owns 5,177 shares of the conglomerate’s stock valued at $494,000 after purchasing an additional 24 shares during the period. Traynor Capital Management Inc. boosted its stake in Carlisle Companies by 1.1% in the 2nd quarter. Traynor Capital Management Inc. now owns 6,069 shares of the conglomerate’s stock valued at $589,000 after purchasing an additional 67 shares during the period. US Bancorp DE boosted its stake in Carlisle Companies by 0.9% in the 2nd quarter. US Bancorp DE now owns 9,718 shares of the conglomerate’s stock valued at $927,000 after purchasing an additional 89 shares during the period. Utah Retirement Systems boosted its stake in Carlisle Companies by 0.9% in the 2nd quarter. Utah Retirement Systems now owns 11,530 shares of the conglomerate’s stock valued at $1,100,000 after purchasing an additional 100 shares during the period. Finally, Municipal Employees Retirement System of Michigan boosted its stake in Carlisle Companies by 0.5% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 29,890 shares of the conglomerate’s stock valued at $3,181,000 after purchasing an additional 150 shares during the period. Institutional investors and hedge funds own 88.55% of the company’s stock.

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Several analysts recently issued reports on the company. BMO Capital Markets restated a “buy” rating and issued a $130.00 price target on shares of Carlisle Companies in a research note on Friday. Zacks Investment Research upgraded Carlisle Companies from a “sell” rating to a “hold” rating in a research note on Monday, September 11th. Buckingham Research assumed coverage on Carlisle Companies in a research note on Tuesday, September 5th. They issued a “buy” rating and a $115.00 price target for the company. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Carlisle Companies in a research note on Sunday, August 27th. Finally, BidaskClub downgraded Carlisle Companies from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $121.00.

In other news, insider John E. Berlin sold 6,250 shares of Carlisle Companies stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $94.31, for a total value of $589,437.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.12% of the stock is currently owned by insiders.

Shares of Carlisle Companies Incorporated (CSL) opened at 98.19 on Monday. The stock’s 50 day moving average price is $95.60 and its 200-day moving average price is $100.02. The company has a market capitalization of $6.20 billion, a P/E ratio of 27.75 and a beta of 0.77. Carlisle Companies Incorporated has a 52-week low of $92.09 and a 52-week high of $116.40.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.61 by ($0.03). The company 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%. Carlisle Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.75 earnings per share. On average, equities analysts expect that Carlisle Companies Incorporated will post $5.20 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Friday, August 18th were given a $0.37 dividend. The ex-dividend date was Wednesday, August 16th. This is a boost from Carlisle Companies’s previous quarterly dividend of $0.35. This represents a $1.48 annualized dividend and a dividend yield of 1.51%. Carlisle Companies’s payout ratio is 41.93%.

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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Institutional Ownership by Quarter for Carlisle Companies (NYSE:CSL)

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