Pictet Asset Management SA Buys 1,027 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Pictet Asset Management SA increased its stake in shares of Carlisle Companies Incorporated (NYSE:CSLGet Rating) by 30.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,426 shares of the conglomerate’s stock after acquiring an additional 1,027 shares during the quarter. Pictet Asset Management SA’s holdings in Carlisle Companies were worth $1,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of CSL. Signaturefd LLC lifted its holdings in Carlisle Companies by 103.1% in the 1st quarter. Signaturefd LLC now owns 132 shares of the conglomerate’s stock worth $32,000 after buying an additional 67 shares during the period. FDx Advisors Inc. lifted its holdings in Carlisle Companies by 82.0% in the 1st quarter. FDx Advisors Inc. now owns 2,313 shares of the conglomerate’s stock worth $569,000 after buying an additional 1,042 shares during the period. Arizona State Retirement System lifted its holdings in Carlisle Companies by 0.7% in the 1st quarter. Arizona State Retirement System now owns 14,133 shares of the conglomerate’s stock worth $3,476,000 after buying an additional 104 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Carlisle Companies by 0.5% in the 1st quarter. Commonwealth Equity Services LLC now owns 12,097 shares of the conglomerate’s stock worth $2,974,000 after buying an additional 59 shares during the period. Finally, TrueWealth Advisors LLC purchased a new position in shares of Carlisle Companies in the 1st quarter valued at approximately $213,000. Hedge funds and other institutional investors own 88.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Oppenheimer raised their target price on Carlisle Companies from $335.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, August 31st. StockNews.com assumed coverage on Carlisle Companies in a research note on Wednesday, October 12th. They issued a “hold” rating for the company. Credit Suisse Group lowered their target price on Carlisle Companies from $363.00 to $350.00 and set an “outperform” rating for the company in a research note on Monday, October 31st. Finally, Robert W. Baird raised their target price on Carlisle Companies from $325.00 to $330.00 in a research note on Tuesday, October 11th.

Carlisle Companies Stock Down 0.0 %

Shares of NYSE:CSL opened at $255.56 on Wednesday. The stock has a market capitalization of $13.22 billion, a price-to-earnings ratio of 15.37, a PEG ratio of 0.73 and a beta of 0.91. The stock has a fifty day simple moving average of $269.50 and a two-hundred day simple moving average of $269.92. Carlisle Companies Incorporated has a 12-month low of $211.06 and a 12-month high of $318.71. The company has a current ratio of 1.79, a quick ratio of 1.27 and a debt-to-equity ratio of 0.75.

Carlisle Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Thursday, November 17th will be issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date is Wednesday, November 16th. Carlisle Companies’s payout ratio is 18.04%.

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.

See Also

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

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