Several other research analysts have also recently weighed in on the company. Zacks Investment Research raised Triple-S Management from a hold rating to a buy rating and set a $26.00 price objective on the stock in a research report on Monday, April 29th. Buckingham Research cut Lithia Motors from a buy rating to a neutral rating and boosted their price objective for the stock from $120.00 to $125.00 in a research report on Monday, July 8th. They noted that the move was a valuation call. BMO Capital Markets boosted their price objective on Inflarx to $64.00 and gave the stock an outperform rating in a research report on Wednesday, April 24th. Oppenheimer boosted their price objective on Carlisle Companies from $150.00 to $155.00 and gave the stock an outperform rating in a research report on Tuesday, June 18th. Finally, Robert W. Baird cut their price objective on Waters from $211.00 to $209.00 and set a neutral rating on the stock in a research report on Wednesday, April 24th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of $141.50.
CSL stock opened at $129.84 on Wednesday. The stock has a fifty day simple moving average of $137.14. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.15 and a current ratio of 2.96. Carlisle Companies has a 1-year low of $92.16 and a 1-year high of $142.30. The stock has a market capitalization of $7.41 billion, a PE ratio of 19.55, a P/E/G ratio of 1.11 and a beta of 1.04.
In other Carlisle Companies news, Director David A. Roberts sold 28,571 shares of the business’s stock in a transaction on Thursday, June 27th. The stock was sold at an average price of $137.74, for a total value of $3,935,369.54. Following the sale, the director now directly owns 88,397 shares in the company, valued at $12,175,802.78. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.70% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of CSL. Northern Trust Corp raised its stake in shares of Carlisle Companies by 0.9% in the fourth quarter. Northern Trust Corp now owns 465,486 shares of the conglomerate’s stock valued at $46,790,000 after buying an additional 4,071 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Carlisle Companies by 4.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 962,410 shares of the conglomerate’s stock valued at $96,735,000 after buying an additional 37,916 shares during the period. Natixis Advisors L.P. raised its stake in shares of Carlisle Companies by 22.9% in the fourth quarter. Natixis Advisors L.P. now owns 27,511 shares of the conglomerate’s stock valued at $2,766,000 after buying an additional 5,125 shares during the period. Brown Advisory Inc. raised its stake in shares of Carlisle Companies by 43.4% in the fourth quarter. Brown Advisory Inc. now owns 5,938 shares of the conglomerate’s stock valued at $597,000 after buying an additional 1,797 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of Carlisle Companies by 7.3% in the fourth quarter. Geode Capital Management LLC now owns 585,700 shares of the conglomerate’s stock valued at $58,874,000 after buying an additional 39,715 shares during the period. Hedge funds and other institutional investors own 87.11% of the company’s stock.
Carlisle Companies Company Profile
Carlisle Companies Incorporated operates as a diversified manufacturing company. It operates through four segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction. The Carlisle Construction Materials segment offers thermoplastic polyolefin, ethylene propylene diene monomer rubber, and polyvinyl chloride roofing membranes that are used on non-residential low-sloped roofs; roofing accessories, such as flashings, fasteners, sealing tapes, coatings, and waterproofing products; rigid foam insulation panels for roofing applications; and specialty polyurethane products and solutions for various markets and applications.
Further Reading: What is a conference call?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Carlisle Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carlisle Companies and related companies with MarketBeat.com's FREE daily email newsletter.