Carlisle Companies Incorporated (NYSE:CSL)‘s stock had its “hold” rating reaffirmed by analysts at Oppenheimer Holdings, Inc. in a research note issued to investors on Sunday.

CSL has been the topic of several other research reports. CIBC reissued a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, June 14th. FBR & Co reissued an “outperform” rating and set a $125.00 price objective on shares of Carlisle Companies in a research note on Tuesday, July 11th. BidaskClub downgraded shares of Carlisle Companies from a “hold” rating to a “sell” rating in a research note on Friday, June 9th. Zacks Investment Research downgraded shares of Carlisle Companies from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. Finally, Robert W. Baird reissued an “outperform” rating on shares of Carlisle Companies in a research note on Monday, July 10th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. Carlisle Companies presently has a consensus rating of “Hold” and a consensus price target of $122.50.

Carlisle Companies (CSL) traded down 0.48% during midday trading on Friday, reaching $94.19. The company’s stock had a trading volume of 92,627 shares. Carlisle Companies has a one year low of $92.09 and a one year high of $116.40. The stock has a market cap of $5.95 billion, a price-to-earnings ratio of 26.62 and a beta of 0.77. The stock’s 50 day moving average price is $96.84 and its 200-day moving average price is $101.26.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by $0.03. The business 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%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period last year, the company earned $1.75 EPS. On average, analysts forecast that Carlisle Companies will post $5.19 EPS for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the company. NEXT Financial Group Inc increased its position in shares of Carlisle Companies by 39.3% in the second 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 increased its position in shares of Carlisle Companies by 8.8% in the second 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 position in shares of Carlisle Companies during the first quarter valued at $202,000. Raymond James Financial Services Advisors Inc. increased its position in shares of Carlisle Companies by 3.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,446 shares of the conglomerate’s stock valued at $233,000 after buying an additional 75 shares during the period. Finally, Ontario Teachers Pension Plan Board purchased a new position in shares of Carlisle Companies during the second quarter valued at $253,000. 88.65% of the stock is owned by institutional investors.

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)

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