Deroy & Devereaux Private Investment Counsel Inc. Sells 3,945 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Deroy & Devereaux Private Investment Counsel Inc. lessened its position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 98,034 shares of the conglomerate's stock after selling 3,945 shares during the quarter. Carlisle Companies accounts for 2.5% of Deroy & Devereaux Private Investment Counsel Inc.'s portfolio, making the stock its 2nd largest position. Deroy & Devereaux Private Investment Counsel Inc. owned about 0.21% of Carlisle Companies worth $44,091,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. ORG Partners LLC bought a new position in Carlisle Companies in the 2nd quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Carlisle Companies during the second quarter valued at $32,000. ORG Wealth Partners LLC bought a new position in shares of Carlisle Companies in the third quarter worth about $32,000. Gilliland Jeter Wealth Management LLC purchased a new position in Carlisle Companies in the 2nd quarter worth about $39,000. Finally, UMB Bank n.a. increased its stake in Carlisle Companies by 317.2% in the 3rd quarter. UMB Bank n.a. now owns 121 shares of the conglomerate's stock worth $54,000 after buying an additional 92 shares during the period. 89.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. StockNews.com lowered shares of Carlisle Companies from a "buy" rating to a "hold" rating in a research report on Tuesday, August 27th. Robert W. Baird dropped their price objective on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Finally, Oppenheimer lifted their target price on Carlisle Companies from $480.00 to $505.00 and gave the company an "outperform" rating in a research report on Tuesday, October 22nd. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Carlisle Companies currently has a consensus rating of "Moderate Buy" and a consensus price target of $475.00.

Carlisle Companies Stock Up 0.0 %

Shares of NYSE:CSL traded up $0.08 during trading hours on Friday, hitting $422.31. The company's stock had a trading volume of 296,610 shares, compared to its average volume of 326,342. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.50. The firm's fifty day moving average price is $435.55 and its 200 day moving average price is $417.49. Carlisle Companies Incorporated has a 52 week low of $259.74 and a 52 week high of $481.26. The company has a market capitalization of $19.14 billion, a price-to-earnings ratio of 14.94, a P/E/G ratio of 1.38 and a beta of 0.91.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing analysts' consensus estimates of $5.82 by ($0.04). The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.38 billion. Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The business's quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the firm earned $4.68 EPS. As a group, research analysts expect that Carlisle Companies Incorporated will post 20.36 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, November 15th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 0.95%. Carlisle Companies's payout ratio is currently 14.15%.

About Carlisle Companies

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.