Carlisle Companies Incorporated (CSL) Shares Bought by Nordea Investment Management AB

Nordea Investment Management AB lifted its position in Carlisle Companies Incorporated (NYSE:CSL) by 12.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,633 shares of the conglomerate’s stock after purchasing an additional 2,439 shares during the quarter. Nordea Investment Management AB’s holdings in Carlisle Companies were worth $2,170,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Carlisle Companies in the 3rd quarter valued at about $100,000. Toronto Dominion Bank acquired a new stake in Carlisle Companies during the 3rd quarter worth approximately $126,000. Creative Planning lifted its position in Carlisle Companies by 8.8% during the 2nd quarter. Creative Planning now owns 1,859 shares of the conglomerate’s stock worth $177,000 after acquiring an additional 150 shares during the period. Marble Harbor Investment Counsel LLC acquired a new stake in Carlisle Companies during the 3rd quarter worth approximately $201,000. Finally, Raymond James Financial Services Advisors Inc. lifted its position in Carlisle Companies by 3.2% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,446 shares of the conglomerate’s stock worth $233,000 after acquiring an additional 75 shares during the period. 88.99% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Incorporated (CSL) traded down $1.07 on Thursday, hitting $113.75. The stock had a trading volume of 192,400 shares, compared to its average volume of 470,420. The company has a quick ratio of 1.43, a current ratio of 2.14 and a debt-to-equity ratio of 0.32. The firm has a market cap of $7,117.89, a PE ratio of 21.26, a P/E/G ratio of 1.45 and a beta of 0.88. Carlisle Companies Incorporated has a 1-year low of $92.09 and a 1-year high of $116.53.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, October 24th. The conglomerate reported $1.37 EPS for the quarter, beating the consensus estimate of $1.35 by $0.02. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Carlisle Companies had a return on equity of 14.11% and a net margin of 8.35%. The company’s quarterly revenue was up 9.9% compared to the same quarter last year. During the same period last year, the firm earned $1.74 EPS. sell-side analysts expect that Carlisle Companies Incorporated will post 4.95 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Friday, November 17th were issued a $0.37 dividend. The ex-dividend date was Thursday, November 16th. This represents a $1.48 annualized dividend and a dividend yield of 1.30%. Carlisle Companies’s dividend payout ratio is currently 29.31%.

CSL has been the subject of a number of recent research reports. Zacks Investment Research raised Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. Buckingham Research initiated coverage on Carlisle Companies in a research report on Tuesday, September 5th. They set a “buy” rating and a $115.00 price objective for the company. Oppenheimer reaffirmed a “hold” rating on shares of Carlisle Companies in a research report on Wednesday, October 25th. SunTrust Banks increased their price objective on Carlisle Companies to $126.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Finally, Robert W. Baird increased their price objective on Carlisle Companies from $110.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $122.33.

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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.

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

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