SevenBridge Financial Group LLC Sells 1,000 Shares of Carlisle Companies, Inc. (NYSE:CSL)

SevenBridge Financial Group LLC decreased its position in shares of Carlisle Companies, Inc. (NYSE:CSL) by 15.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,619 shares of the conglomerate’s stock after selling 1,000 shares during the quarter. SevenBridge Financial Group LLC’s holdings in Carlisle Companies were worth $818,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Krane Funds Advisors LLC bought a new position in Carlisle Companies during the 2nd quarter worth approximately $26,000. C M Bidwell & Associates Ltd. bought a new position in Carlisle Companies during the 2nd quarter worth approximately $32,000. SRS Capital Advisors Inc. bought a new position in Carlisle Companies during the 2nd quarter worth approximately $32,000. Advisory Services Network LLC raised its holdings in Carlisle Companies by 148.2% during the 1st quarter. Advisory Services Network LLC now owns 283 shares of the conglomerate’s stock worth $35,000 after purchasing an additional 169 shares during the last quarter. Finally, Advisors Preferred LLC bought a new position in Carlisle Companies during the 2nd quarter worth approximately $38,000. Hedge funds and other institutional investors own 88.19% of the company’s stock.

Several research analysts have issued reports on CSL shares. Oppenheimer raised their price target on shares of Carlisle Companies from $155.00 to $160.00 and gave the stock an “outperform” rating in a report on Wednesday, July 24th. Buckingham Research lowered shares of Carlisle Companies from a “buy” rating to a “neutral” rating and set a $148.00 price target for the company. in a report on Monday, July 8th. Finally, ValuEngine lowered shares of Carlisle Companies from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $142.13.



Shares of NYSE:CSL traded up $1.27 during mid-day trading on Wednesday, hitting $139.34. The company had a trading volume of 2,151 shares, compared to its average volume of 381,471. The firm has a fifty day moving average price of $142.99 and a 200 day moving average price of $136.86. The company has a market capitalization of $8.01 billion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 1.16 and a beta of 1.00. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.96 and a quick ratio of 2.18. Carlisle Companies, Inc. has a one year low of $92.16 and a one year high of $149.45.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings data on Tuesday, July 23rd. The conglomerate reported $2.62 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.26. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.32 billion. Carlisle Companies had a net margin of 9.04% and a return on equity of 16.52%. Carlisle Companies’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.87 EPS. Research analysts expect that Carlisle Companies, Inc. will post 8.15 earnings per share for the current fiscal year.

In other Carlisle Companies news, VP Douglas Charles Taylor purchased 697 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was acquired at an average price of $147.27 per share, for a total transaction of $102,647.19. Following the purchase, the vice president now owns 6,221 shares of the company’s stock, valued at approximately $916,166.67. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Nicholas J. Shears sold 6,570 shares of the business’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $149.00, for a total transaction of $978,930.00. Following the sale, the insider now owns 20,783 shares of the company’s stock, valued at approximately $3,096,667. The disclosure for this sale can be found here. Insiders own 1.70% 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.

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Institutional Ownership by Quarter for Carlisle Companies (NYSE:CSL)

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