Carlisle Companies Incorporated (NYSE:CSL) Shares Acquired by First Republic Investment Management Inc.

First Republic Investment Management Inc. increased its holdings in shares of Carlisle Companies Incorporated (NYSE:CSLGet Rating) by 0.3% in the third quarter, Holdings Channel reports. The firm owned 59,453 shares of the conglomerate’s stock after buying an additional 192 shares during the period. First Republic Investment Management Inc.’s holdings in Carlisle Companies were worth $16,671,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CSL. Bishop Rock Capital L.P. purchased a new stake in Carlisle Companies during the second quarter worth about $22,818,000. ExodusPoint Capital Management LP boosted its stake in shares of Carlisle Companies by 612.8% in the 2nd quarter. ExodusPoint Capital Management LP now owns 200,705 shares of the conglomerate’s stock valued at $47,890,000 after buying an additional 172,547 shares during the period. Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of Carlisle Companies by 51.4% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 416,968 shares of the conglomerate’s stock worth $116,922,000 after buying an additional 141,488 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in shares of Carlisle Companies by 7,877.6% during the third quarter. Robeco Institutional Asset Management B.V. now owns 114,718 shares of the conglomerate’s stock worth $32,167,000 after buying an additional 113,280 shares during the period. Finally, FMR LLC raised its holdings in Carlisle Companies by 12.2% in the second quarter. FMR LLC now owns 994,106 shares of the conglomerate’s stock valued at $237,205,000 after acquiring an additional 108,303 shares in the last quarter. 89.76% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. StockNews.com assumed coverage on shares of Carlisle Companies in a research report on Wednesday, October 12th. They issued a “hold” rating on the stock. Credit Suisse Group dropped their price target on shares of Carlisle Companies from $363.00 to $350.00 and set an “outperform” rating on the stock in a research note on Monday, October 31st. Finally, Robert W. Baird lowered their target price on shares of Carlisle Companies from $330.00 to $315.00 and set an “outperform” rating for the company in a report on Wednesday, January 18th.

Carlisle Companies Trading Up 0.0 %

CSL opened at $240.32 on Wednesday. The firm has a market cap of $12.43 billion, a price-to-earnings ratio of 14.45, a price-to-earnings-growth ratio of 0.64 and a beta of 0.95. Carlisle Companies Incorporated has a 52 week low of $211.06 and a 52 week high of $318.71. The business’s 50 day moving average is $244.70 and its two-hundred day moving average is $268.68. The company has a quick ratio of 1.27, a current ratio of 1.79 and a debt-to-equity ratio of 0.75.

Carlisle Companies (NYSE:CSLGet Rating) last announced its earnings results on Thursday, October 27th. The conglomerate reported $5.66 EPS for the quarter, beating analysts’ consensus estimates of $5.39 by $0.27. The business had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Carlisle Companies had a net margin of 13.48% and a return on equity of 35.77%. On average, research analysts predict that Carlisle Companies Incorporated will post 19.95 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 1st. Shareholders of record on Thursday, November 17th were given a dividend of $0.75 per share. The ex-dividend date was Wednesday, November 16th. This represents a $3.00 dividend on an annualized basis and a yield of 1.25%. Carlisle Companies’s payout ratio is 18.04%.

About Carlisle Companies

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Carlisle Companies Incorporated operates as a diversified manufacturer of engineered products in the United States, Europe, Asia, Canada, Mexico, the Middle East, Africa, and internationally. It operates through three segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, and Carlisle Fluid Technologies.

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

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