2,206 Shares in Carlisle Companies Incorporated (NYSE:CSL) Bought by Entropy Technologies LP

Entropy Technologies LP acquired a new stake in Carlisle Companies Incorporated (NYSE:CSL) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,206 shares of the conglomerate’s stock, valued at approximately $992,000.

A number of other institutional investors also recently bought and sold shares of the business. CANADA LIFE ASSURANCE Co increased its position in Carlisle Companies by 7.4% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 68,008 shares of the conglomerate’s stock valued at $26,631,000 after acquiring an additional 4,692 shares during the period. Silver Lake Advisory LLC purchased a new position in shares of Carlisle Companies in the 2nd quarter valued at approximately $608,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Carlisle Companies by 3.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 44,381 shares of the conglomerate’s stock valued at $17,391,000 after purchasing an additional 1,429 shares during the period. Driehaus Capital Management LLC raised its stake in shares of Carlisle Companies by 44.6% during the second quarter. Driehaus Capital Management LLC now owns 56,689 shares of the conglomerate’s stock worth $22,971,000 after purchasing an additional 17,472 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of Carlisle Companies by 188.0% during the first quarter. Cetera Investment Advisers now owns 8,255 shares of the conglomerate’s stock worth $3,235,000 after purchasing an additional 5,389 shares during the period. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Stock Up 0.4 %

CSL stock opened at $454.89 on Thursday. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68. The company’s 50-day moving average price is $440.64 and its 200 day moving average price is $421.72. Carlisle Companies Incorporated has a 52 week low of $269.58 and a 52 week high of $481.26. The company has a market cap of $20.62 billion, a P/E ratio of 16.10, a P/E/G ratio of 1.48 and a beta of 0.91.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing the consensus estimate of $5.82 by ($0.04). Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period last year, the firm earned $4.68 EPS. Carlisle Companies’s revenue was up 5.9% compared to the same quarter last year. On average, research analysts expect that Carlisle Companies Incorporated will post 20.36 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date is Friday, November 15th. Carlisle Companies’s dividend payout ratio is currently 14.15%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Robert W. Baird cut their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. StockNews.com downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. Finally, Oppenheimer boosted their target price on Carlisle Companies from $480.00 to $505.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $475.00.

About Carlisle Companies

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.