Radnor Capital Management LLC Makes New $900,000 Investment in Carlisle Companies Incorporated (NYSE:CSL)

Radnor Capital Management LLC acquired a new stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,000 shares of the conglomerate's stock, valued at approximately $900,000.

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

Carlisle Companies Trading Down 0.4 %

Carlisle Companies stock traded down $1.60 during midday trading on Thursday, reaching $449.05. The stock had a trading volume of 134,513 shares, compared to its average volume of 325,076. The firm's fifty day simple moving average is $436.73 and its two-hundred day simple moving average is $419.24. Carlisle Companies Incorporated has a twelve month low of $260.73 and a twelve month high of $481.26. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.72 and a quick ratio of 2.29. The firm has a market cap of $20.36 billion, a price-to-earnings ratio of 16.00, a PEG 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 EPS for the quarter, missing analysts' consensus estimates of $5.82 by ($0.04). Carlisle Companies had a return on equity of 33.29% and a net margin of 27.05%. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same period in the prior year, the business posted $4.68 EPS. The company's revenue for the quarter was up 5.9% on a year-over-year basis. Equities analysts anticipate that Carlisle Companies Incorporated will post 20.36 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Friday, November 15th will be given a $1.00 dividend. The ex-dividend date is Friday, November 15th. This represents a $4.00 dividend on an annualized basis and a yield of 0.89%. Carlisle Companies's payout ratio is 14.15%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. StockNews.com cut shares of Carlisle Companies from a "buy" rating to a "hold" rating in a report on Tuesday, August 27th. Oppenheimer raised their target price on shares of 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 reduced their target price 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. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on 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.