Boston Common Asset Management LLC Has $6.79 Million Stake in Carlisle Companies Incorporated (CSL)
Boston Common Asset Management LLC decreased its position in Carlisle Companies Incorporated (NYSE:CSL) by 2.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,161 shares of the conglomerate’s stock after selling 1,495 shares during the period. Boston Common Asset Management LLC owned 0.11% of Carlisle Companies worth $6,789,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. NEXT Financial Group Inc grew its stake in shares of Carlisle Companies by 39.3% in the 2nd quarter. NEXT Financial Group Inc now owns 1,091 shares of the conglomerate’s stock valued at $104,000 after buying an additional 308 shares during the period. Creative Planning grew 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 buying an additional 150 shares during the period. Fairfax Financial Holdings Ltd Can purchased a new stake in shares of Carlisle Companies in the 1st quarter valued at approximately $202,000. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Carlisle Companies in the 1st quarter valued at approximately $252,000. Finally, Ontario Teachers Pension Plan Board purchased a new stake in shares of Carlisle Companies in the 2nd quarter valued at approximately $253,000. 88.55% of the stock is owned by institutional investors and hedge funds.
Several research firms have recently weighed in on CSL. Zacks Investment Research raised shares of Carlisle Companies from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. CIBC reissued a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, June 14th. Oppenheimer Holdings, Inc. reissued a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, June 14th. Robert W. Baird reissued an “outperform” rating on shares of Carlisle Companies in a research note on Monday, July 10th. Finally, FBR & Co reissued an “outperform” rating and issued a $125.00 price target on shares of Carlisle Companies in a research note on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. Carlisle Companies has a consensus rating of “Hold” and a consensus price target of $121.00.
Shares of Carlisle Companies Incorporated (CSL) traded down 0.23% during trading on Friday, hitting $100.29. 293,487 shares of the stock traded hands. Carlisle Companies Incorporated has a 52-week low of $92.09 and a 52-week high of $116.40. The company’s 50 day moving average is $95.60 and its 200 day moving average is $100.02. The firm has a market cap of $6.34 billion, a PE ratio of 28.35 and a beta of 0.77.
Carlisle Companies (NYSE:CSL) last released its earnings results on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the previous year, the firm posted $1.75 earnings per share. Carlisle Companies’s revenue for the quarter was up 7.5% compared to the same quarter last year. On average, equities research analysts predict that Carlisle Companies Incorporated will post $5.16 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 1st. Investors of record on Friday, August 18th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.48%. This is an increase from Carlisle Companies’s previous quarterly dividend of $0.35. The ex-dividend date was Wednesday, August 16th. Carlisle Companies’s payout ratio is presently 41.93%.
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In related news, insider John E. Berlin sold 6,250 shares of the business’s stock in a transaction that occurred 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.12% of the stock is currently owned by insiders.
Carlisle Companies Company Profile
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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