2 weeks Ago By ABMN Staff
Carlisle Companies Incorporated ( NYSE:CSL – Get Free Report ) has been given a consensus rating of “Moderate Buy” by the six brokerages that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $476.
00. A number of analysts have weighed in on the company. Zelman & Associates upgraded Carlisle Companies from an “underperform” rating to a “neutral” rating in a research note on Monday.
Oppenheimer restated an “outperform” rating and set a $495.00 target price (down previously from $505.00) on shares of Carlisle Companies in a research note on Friday, December 20th.
Loop Capital cut their price objective on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a report on Friday, January 10th.
Finally, The Goldman Sachs Group lowered their target price on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a report on Tuesday, January 14th.
View Our Latest Analysis on CSL Carlisle Companies Stock Performance Carlisle Companies ( NYSE:CSL – Get Free Report ) last posted its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, topping the consensus estimate of $4.
43 by $0.04. Carlisle Companies had a net margin of 26.
22% and a return on equity of 34.37%. During the same quarter in the previous year, the firm posted $4.
17 earnings per share. On average, analysts predict that Carlisle Companies will post 22.31 earnings per share for the current fiscal year.
Carlisle Companies Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a $1.00 dividend.
The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.
13%. Carlisle Companies’s payout ratio is 14.48%.
Insider Buying and Selling In related news, VP Mehul Patel sold 150 shares of the business’s stock in a transaction dated Saturday, February 8th. The stock was sold at an average price of $350.53, for a total value of $52,579.
50. Following the transaction, the vice president now owns 815 shares in the company, valued at $285,681.95.
The trade was a 15.54 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website .
Also, Director Jonathan R. Collins sold 1,050 shares of the stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $349.
24, for a total value of $366,702.00. Following the sale, the director now directly owns 2,665 shares of the company’s stock, valued at $930,724.
60. The trade was a 28.26 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . 1.50% of the stock is owned by company insiders.
Institutional Inflows and Outflows A number of institutional investors have recently modified their holdings of the stock. Pensionfund Sabic purchased a new position in Carlisle Companies in the 4th quarter valued at $1,291,000. Geode Capital Management LLC boosted its holdings in shares of Carlisle Companies by 13.
3% in the third quarter. Geode Capital Management LLC now owns 873,063 shares of the conglomerate’s stock valued at $391,827,000 after acquiring an additional 102,436 shares in the last quarter. Nordea Investment Management AB increased its stake in shares of Carlisle Companies by 3.
9% during the fourth quarter. Nordea Investment Management AB now owns 3,897 shares of the conglomerate’s stock worth $1,440,000 after acquiring an additional 145 shares during the period. Moody National Bank Trust Division acquired a new position in shares of Carlisle Companies during the fourth quarter worth about $872,000.
Finally, Asset Management One Co. Ltd. raised its holdings in Carlisle Companies by 5.
6% during the fourth quarter. Asset Management One Co. Ltd.
now owns 20,685 shares of the conglomerate’s stock worth $7,695,000 after purchasing an additional 1,102 shares in the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.
About Carlisle Companies ( Get Free Report Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies. Featured Stories Receive News & Ratings for Carlisle Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlisle Companies and related companies with MarketBeat.
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