National Pension Service Increases Stake in Carlisle Companies Incorporated (NYSE:CSL)

National Pension Service grew its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 32.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 93,456 shares of the conglomerate's stock after purchasing an additional 22,956 shares during the period. National Pension Service owned approximately 0.20% of Carlisle Companies worth $42,032,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CSL. Norden Group LLC bought a new stake in shares of Carlisle Companies during the first quarter valued at approximately $339,000. Private Advisor Group LLC raised its stake in shares of Carlisle Companies by 30.3% in the first quarter. Private Advisor Group LLC now owns 993 shares of the conglomerate's stock worth $389,000 after purchasing an additional 231 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Carlisle Companies by 47.0% during the first quarter. BNP Paribas Financial Markets now owns 17,865 shares of the conglomerate's stock valued at $7,000,000 after purchasing an additional 5,715 shares in the last quarter. Nordea Investment Management AB boosted its position in shares of Carlisle Companies by 5.2% during the first quarter. Nordea Investment Management AB now owns 3,752 shares of the conglomerate's stock valued at $1,475,000 after buying an additional 185 shares during the last quarter. Finally, Advisory Services Network LLC increased its holdings in Carlisle Companies by 4.2% in the 1st quarter. Advisory Services Network LLC now owns 11,064 shares of the conglomerate's stock worth $4,335,000 after buying an additional 451 shares in the last quarter. 89.52% of the stock is owned by institutional investors.

Carlisle Companies Stock Performance

Carlisle Companies stock traded down $2.00 during trading on Thursday, reaching $448.65. The company had a trading volume of 348,466 shares, compared to its average volume of 326,067. The firm's 50-day simple moving average is $436.73 and its 200 day simple moving average is $419.24. Carlisle Companies Incorporated has a 52 week low of $260.73 and a 52 week high of $481.26. The company has a current ratio of 2.72, a quick ratio of 2.29 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $20.34 billion, a price-to-earnings ratio of 16.00, a price-to-earnings-growth ratio of 1.39 and a beta of 0.91.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 earnings per share for the quarter, missing analysts' consensus estimates of $5.82 by ($0.04). The company had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.38 billion. Carlisle Companies had a net margin of 27.05% and a return on equity of 33.29%. The firm's quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned $4.68 earnings per share. Sell-side analysts forecast that Carlisle Companies Incorporated will post 20.36 earnings per share for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be paid a $1.00 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.89%. Carlisle Companies's dividend payout ratio (DPR) is presently 14.15%.

Analysts Set New Price Targets

CSL has been the subject of several research reports. Robert W. Baird decreased their price objective on shares of Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating for the company in a report on Friday, October 25th. StockNews.com lowered Carlisle Companies from a "buy" rating to a "hold" rating in a report on Tuesday, August 27th. Finally, Oppenheimer raised their target price on Carlisle Companies from $480.00 to $505.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 22nd. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $475.00.

Carlisle Companies Profile

Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.