FDx Advisors Inc. Has $526,000 Stake in Carlisle Companies Incorporated (CSL)
FDx Advisors Inc. reduced its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 27.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,246 shares of the conglomerate’s stock after selling 1,985 shares during the quarter. FDx Advisors Inc.’s holdings in Carlisle Companies were worth $526,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of the company. State of Wisconsin Investment Board grew its holdings in shares of Carlisle Companies by 4.4% during the third quarter. State of Wisconsin Investment Board now owns 172,852 shares of the conglomerate’s stock valued at $17,335,000 after buying an additional 7,315 shares during the last quarter. State Board of Administration of Florida Retirement System grew its holdings in shares of Carlisle Companies by 1.5% during the third quarter. State Board of Administration of Florida Retirement System now owns 97,039 shares of the conglomerate’s stock valued at $9,732,000 after buying an additional 1,430 shares during the last quarter. Wedge Capital Management L L P NC acquired a new position in shares of Carlisle Companies during the third quarter valued at about $20,359,000. Canada Pension Plan Investment Board grew its holdings in shares of Carlisle Companies by 912.3% during the third quarter. Canada Pension Plan Investment Board now owns 65,800 shares of the conglomerate’s stock valued at $6,599,000 after buying an additional 59,300 shares during the last quarter. Finally, Victory Capital Management Inc. grew its holdings in shares of Carlisle Companies by 7.2% during the third quarter. Victory Capital Management Inc. now owns 1,162,395 shares of the conglomerate’s stock valued at $116,576,000 after buying an additional 78,516 shares during the last quarter. Hedge funds and other institutional investors own 90.06% of the company’s stock.
Shares of Carlisle Companies Incorporated (NYSE CSL) opened at $108.83 on Friday. Carlisle Companies Incorporated has a 12-month low of $92.09 and a 12-month high of $116.40. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.14 and a quick ratio of 1.43. The company has a market cap of $6,746.59, a PE ratio of 20.15, a price-to-earnings-growth ratio of 1.38 and a beta of 0.86.
Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.02. Carlisle Companies had a net margin of 8.35% and a return on equity of 14.11%. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the previous year, the firm posted $1.74 earnings per share. The company’s quarterly revenue was up 9.9% compared to the same quarter last year. equities analysts forecast that Carlisle Companies Incorporated will post 4.95 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 17th will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.36%. The ex-dividend date is Thursday, November 16th. Carlisle Companies’s dividend payout ratio (DPR) is currently 29.31%.
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Several research analysts recently weighed in on the stock. B. Riley restated a “buy” rating on shares of Carlisle Companies in a report on Wednesday, November 1st. FBR & Co set a $125.00 price target on shares of Carlisle Companies and gave the stock a “buy” rating in a report on Wednesday, October 25th. Buckingham Research assumed coverage on shares of Carlisle Companies in a report on Tuesday, September 5th. They set a “buy” rating and a $115.00 price target on the stock. Zacks Investment Research upgraded shares of Carlisle Companies from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Carlisle Companies in a research report on Wednesday, October 4th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $122.33.
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 transaction of $589,437.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 2.12% of the stock is currently owned by insiders.
Carlisle Companies 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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