Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by River Road Asset Management LLC

River Road Asset Management LLC lowered its position in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 5.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 49,608 shares of the conglomerate's stock after selling 3,069 shares during the quarter. River Road Asset Management LLC owned about 0.11% of Carlisle Companies worth $22,311,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. CANADA LIFE ASSURANCE Co grew its holdings in shares of Carlisle Companies by 7.4% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 68,008 shares of the conglomerate's stock worth $26,631,000 after purchasing an additional 4,692 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in Carlisle Companies by 887.3% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 13,891 shares of the conglomerate's stock worth $5,443,000 after acquiring an additional 12,484 shares during the period. Silver Lake Advisory LLC purchased a new position in Carlisle Companies in the 2nd quarter worth approximately $608,000. Empowered Funds LLC boosted its holdings in Carlisle Companies by 1,523.0% in the 1st quarter. Empowered Funds LLC now owns 11,020 shares of the conglomerate's stock worth $4,318,000 after acquiring an additional 10,341 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Carlisle Companies by 3.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 44,381 shares of the conglomerate's stock worth $17,391,000 after acquiring an additional 1,429 shares during the period. Hedge funds and other institutional investors own 89.52% of the company's stock.

Carlisle Companies Stock Up 2.3 %

Shares of Carlisle Companies stock traded up $9.94 on Tuesday, hitting $435.12. 270,358 shares of the company's stock traded hands, compared to its average volume of 325,567. The stock has a market cap of $19.72 billion, a P/E ratio of 15.23, a PEG ratio of 1.38 and a beta of 0.91. The company has a quick ratio of 2.29, a current ratio of 2.72 and a debt-to-equity ratio of 0.68. The firm's 50-day moving average is $435.67 and its 200 day moving average is $418.55. Carlisle Companies Incorporated has a 52-week low of $260.73 and a 52-week high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its earnings results on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing the consensus estimate of $5.82 by ($0.04). The business 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 business's quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter last year, the company posted $4.68 earnings per share. Equities analysts anticipate that Carlisle Companies Incorporated will post 20.36 earnings per share for the current year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 0.92%. The ex-dividend date is Friday, November 15th. Carlisle Companies's dividend payout ratio is currently 14.15%.

Analyst Ratings Changes

CSL has been the subject of a number of analyst reports. StockNews.com cut Carlisle Companies from a "buy" rating to a "hold" rating in a report on Tuesday, August 27th. Oppenheimer upped their price target on Carlisle Companies from $480.00 to $505.00 and gave the stock an "outperform" rating in a report on Tuesday, October 22nd. Finally, Robert W. Baird decreased their price target on Carlisle Companies from $506.00 to $500.00 and set an "outperform" rating for the company in a report on Friday, October 25th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target 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.