7,620 Shares in Carlisle Companies Incorporated (CSL) Acquired by Blue Sky Asset Management LLC

Blue Sky Asset Management LLC bought a new position in Carlisle Companies Incorporated (NYSE:CSL) during the second quarter, according to its most recent filing with the SEC. The institutional investor bought 7,620 shares of the conglomerate’s stock, valued at approximately $727,000.

Other hedge funds have also modified their holdings of the company. Quadrant Capital Group LLC boosted its stake in shares of Carlisle Companies by 2.5% in the first quarter. Quadrant Capital Group LLC now owns 1,008 shares of the conglomerate’s stock worth $105,000 after buying an additional 25 shares during the last quarter. Huntington National Bank boosted its stake in shares of Carlisle Companies by 0.5% in the first quarter. Huntington National Bank now owns 5,965 shares of the conglomerate’s stock worth $634,000 after buying an additional 30 shares during the last quarter. US Bancorp DE boosted its stake in shares of Carlisle Companies by 0.9% in the second quarter. US Bancorp DE now owns 9,718 shares of the conglomerate’s stock worth $927,000 after buying an additional 89 shares during the last quarter. Eads & Heald Investment Counsel boosted its stake in shares of Carlisle Companies by 0.7% in the first quarter. Eads & Heald Investment Counsel now owns 14,029 shares of the conglomerate’s stock worth $1,493,000 after buying an additional 95 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its stake in shares of Carlisle Companies by 0.5% in the first quarter. Municipal Employees Retirement System of Michigan now owns 29,890 shares of the conglomerate’s stock worth $3,181,000 after buying an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 93.69% of the company’s stock.

Shares of Carlisle Companies Incorporated (CSL) traded down 0.44% during midday trading on Friday, hitting $92.75. 383,044 shares of the company’s stock were exchanged. The firm has a market cap of $5.86 billion, a price-to-earnings ratio of 26.22 and a beta of 0.77. The company has a 50-day moving average of $97.28 and a 200-day moving average of $101.81. Carlisle Companies Incorporated has a 52 week low of $92.09 and a 52 week high of $116.40.

Carlisle Companies (NYSE:CSL) last issued its earnings results on Tuesday, July 25th. The conglomerate reported $1.58 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.61 by $0.03. Carlisle Companies had a net margin of 6.04% and a return on equity of 15.18%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.06 billion. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.75 EPS. Equities research analysts expect that Carlisle Companies Incorporated will post $5.19 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Friday, August 18th will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Wednesday, August 16th. This is a boost from Carlisle Companies’s previous quarterly dividend of $0.35. Carlisle Companies’s dividend payout ratio is 41.93%.

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CSL has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating on shares of Carlisle Companies in a research note on Tuesday, May 9th. BidaskClub lowered shares of Carlisle Companies from a “hold” rating to a “sell” rating in a research note on Friday, June 9th. CIBC reaffirmed a “market perform” rating on shares of Carlisle Companies in a research note on Wednesday, June 14th. Finally, Robert W. Baird reaffirmed an “outperform” rating on shares of Carlisle Companies in a research note on Monday, July 10th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. Carlisle Companies presently has a consensus rating of “Hold” and an average price target of $122.50.

About Carlisle Companies

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.

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

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