Aptus Capital Advisors LLC Has $3.46 Million Position in Carlisle Companies Incorporated (NYSE:CSL)

Aptus Capital Advisors LLC raised its stake in Carlisle Companies Incorporated (NYSE:CSLGet Rating) by 11.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 14,064 shares of the conglomerate’s stock after buying an additional 1,453 shares during the period. Aptus Capital Advisors LLC’s holdings in Carlisle Companies were worth $3,459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of CSL. Russell Investments Group Ltd. boosted its position in shares of Carlisle Companies by 5.1% in the fourth quarter. Russell Investments Group Ltd. now owns 26,675 shares of the conglomerate’s stock valued at $6,616,000 after acquiring an additional 1,299 shares during the period. National Bank of Canada FI bought a new stake in shares of Carlisle Companies in the fourth quarter valued at about $45,000. Brown Advisory Inc. boosted its position in shares of Carlisle Companies by 45.7% in the fourth quarter. Brown Advisory Inc. now owns 6,518 shares of the conglomerate’s stock valued at $1,617,000 after acquiring an additional 2,043 shares during the period. State of Michigan Retirement System boosted its position in shares of Carlisle Companies by 1.5% in the fourth quarter. State of Michigan Retirement System now owns 13,249 shares of the conglomerate’s stock valued at $3,287,000 after acquiring an additional 200 shares during the period. Finally, State of New Jersey Common Pension Fund D boosted its position in shares of Carlisle Companies by 3.8% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 27,888 shares of the conglomerate’s stock valued at $6,920,000 after acquiring an additional 1,022 shares during the period. 89.68% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Trading Up 0.9 %

CSL opened at $271.55 on Thursday. The company has a quick ratio of 1.26, a current ratio of 1.88 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $14.04 billion, a price-to-earnings ratio of 25.59, a P/E/G ratio of 0.90 and a beta of 0.98. Carlisle Companies Incorporated has a twelve month low of $195.04 and a twelve month high of $275.13. The company has a 50-day simple moving average of $251.13 and a 200 day simple moving average of $243.48.

Carlisle Companies (NYSE:CSLGet Rating) last issued its earnings results on Wednesday, July 27th. The conglomerate reported $6.15 EPS for the quarter, topping the consensus estimate of $4.99 by $1.16. The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.69 billion. Carlisle Companies had a return on equity of 25.49% and a net margin of 10.49%. The business’s quarterly revenue was up 57.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.16 earnings per share. Analysts predict that Carlisle Companies Incorporated will post 17.66 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 1st. Shareholders of record on Tuesday, May 17th were paid a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a yield of 0.80%. The ex-dividend date was Monday, May 16th. Carlisle Companies’s payout ratio is 20.36%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Loop Capital boosted their target price on shares of Carlisle Companies from $285.00 to $305.00 in a research report on Friday, April 8th. Robert W. Baird boosted their target price on shares of Carlisle Companies from $300.00 to $325.00 and gave the company an “outperform” rating in a research report on Thursday, June 23rd. Credit Suisse Group upped their price objective on shares of Carlisle Companies from $275.00 to $300.00 in a research report on Monday, May 9th. StockNews.com assumed coverage on shares of Carlisle Companies in a research report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Oppenheimer upped their price objective on shares of Carlisle Companies from $300.00 to $315.00 in a research report on Friday, April 29th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, Carlisle Companies has an average rating of “Moderate Buy” and a consensus price target of $307.00.

Carlisle Companies Profile

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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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