Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases 1,344 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Carlisle Companies Incorporated (NYSE:CSL) by 5.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,637 shares of the conglomerate’s stock after buying an additional 1,344 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Carlisle Companies were worth $6,320,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of Carlisle Companies by 3.4% during the 2nd quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,159 shares of the conglomerate’s stock valued at $297,000 after purchasing an additional 38 shares in the last quarter. Archer Investment Corp raised its holdings in Carlisle Companies by 20.0% during the first quarter. Archer Investment Corp now owns 300 shares of the conglomerate’s stock valued at $77,000 after buying an additional 50 shares in the last quarter. DAVENPORT & Co LLC lifted its position in shares of Carlisle Companies by 0.9% in the second quarter. DAVENPORT & Co LLC now owns 5,704 shares of the conglomerate’s stock worth $1,463,000 after buying an additional 50 shares during the last quarter. Toronto Dominion Bank boosted its stake in shares of Carlisle Companies by 0.3% during the 1st quarter. Toronto Dominion Bank now owns 18,102 shares of the conglomerate’s stock worth $4,091,000 after acquiring an additional 52 shares in the last quarter. Finally, Savant Capital LLC increased its holdings in shares of Carlisle Companies by 0.9% during the 1st quarter. Savant Capital LLC now owns 8,091 shares of the conglomerate’s stock valued at $1,829,000 after acquiring an additional 73 shares during the last quarter. 90.70% of the stock is currently owned by institutional investors and hedge funds.

Carlisle Companies Stock Up 4.2 %

NYSE CSL opened at $281.22 on Wednesday. Carlisle Companies Incorporated has a twelve month low of $203.65 and a twelve month high of $289.12. The stock has a market cap of $13.69 billion, a PE ratio of 19.57, a PEG ratio of 1.21 and a beta of 0.88. The firm has a 50-day simple moving average of $259.66 and a 200 day simple moving average of $251.98. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.73 and a current ratio of 4.18.

Carlisle Companies (NYSE:CSL) last announced its quarterly earnings data on Thursday, October 26th. The conglomerate reported $4.68 EPS for the quarter, topping analysts’ consensus estimates of $4.57 by $0.11. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.27 billion. Carlisle Companies had a return on equity of 27.87% and a net margin of 13.58%. The company’s quarterly revenue was down 15.8% on a year-over-year basis. During the same quarter last year, the company earned $5.66 EPS. On average, research analysts forecast that Carlisle Companies Incorporated will post 14.77 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be issued a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 1.21%. The ex-dividend date is Tuesday, November 14th. Carlisle Companies’s dividend payout ratio (DPR) is presently 23.66%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Robert W. Baird boosted their target price on Carlisle Companies from $310.00 to $320.00 in a report on Thursday, July 27th. Jefferies Financial Group downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $325.00 to $290.00 in a report on Tuesday, September 26th. StockNews.com began coverage on shares of Carlisle Companies in a report on Thursday, October 5th. They issued a “hold” rating on the stock. Zelman & Associates lowered shares of Carlisle Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $325.00 price target on shares of Carlisle Companies in a research report on Monday, September 25th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $307.14.

About Carlisle Companies

Carlisle Companies Incorporated operates as a manufacturer of engineered products in the United States, Europe, Asia, Mexico, the United Kingdom, and internationally. It operates through four segments: Carlisle Construction Materials, Carlisle Weatherproofing Technologies, Carlisle Interconnect Technologies, and Carlisle Fluid Technologies.