Toronto Dominion Bank Sells 207 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Toronto Dominion Bank lessened its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL) by 5.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,819 shares of the conglomerate’s stock after selling 207 shares during the quarter. Toronto Dominion Bank’s holdings in Carlisle Companies were worth $759,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Ellevest Inc. lifted its holdings in shares of Carlisle Companies by 15,000.0% in the third quarter. Ellevest Inc. now owns 151 shares of the conglomerate’s stock worth $30,000 after buying an additional 150 shares in the last quarter. Deseret Mutual Benefit Administrators lifted its holdings in shares of Carlisle Companies by 115.6% in the third quarter. Deseret Mutual Benefit Administrators now owns 235 shares of the conglomerate’s stock worth $47,000 after buying an additional 126 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of Carlisle Companies by 11.0% in the third quarter. Fifth Third Bancorp now owns 506 shares of the conglomerate’s stock worth $101,000 after buying an additional 50 shares in the last quarter. Koshinski Asset Management Inc. purchased a new stake in shares of Carlisle Companies in the third quarter worth about $202,000. Finally, Advisor Partners LLC purchased a new stake in shares of Carlisle Companies in the second quarter worth about $206,000. Hedge funds and other institutional investors own 93.82% of the company’s stock.

CSL has been the topic of several research reports. Oppenheimer lifted their price target on shares of Carlisle Companies from $255.00 to $270.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 8th. Zacks Investment Research raised shares of Carlisle Companies from a “hold” rating to a “strong-buy” rating and set a $243.00 price target on the stock in a research note on Tuesday, October 26th. Robert W. Baird lifted their price target on shares of Carlisle Companies from $240.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, October 22nd. Jefferies Financial Group restated a “buy” rating on shares of Carlisle Companies in a report on Friday, October 1st. Finally, Zelman & Associates assumed coverage on shares of Carlisle Companies in a report on Monday, November 15th. They issued a “buy” rating on the stock. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Carlisle Companies has an average rating of “Buy” and a consensus target price of $231.86.

Shares of NYSE:CSL opened at $236.94 on Friday. Carlisle Companies Incorporated has a 12-month low of $143.52 and a 12-month high of $250.23. The company has a current ratio of 2.45, a quick ratio of 1.80 and a debt-to-equity ratio of 1.15. The company has a market cap of $12.39 billion, a PE ratio of 33.85, a price-to-earnings-growth ratio of 1.22 and a beta of 1.09. The stock has a 50 day moving average of $239.06 and a 200 day moving average of $217.29.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Wednesday, October 20th. The conglomerate reported $2.99 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.75 by $0.24. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.26 billion. Carlisle Companies had a return on equity of 17.46% and a net margin of 8.16%. During the same period in the prior year, the company posted $1.94 EPS. Equities research analysts predict that Carlisle Companies Incorporated will post 9.2 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 1st. Stockholders of record on Wednesday, November 17th were issued a dividend of $0.54 per share. The ex-dividend date was Tuesday, November 16th. This represents a $2.16 annualized dividend and a dividend yield of 0.91%. Carlisle Companies’s dividend payout ratio (DPR) is 30.86%.

About Carlisle Companies

Carlisle Cos., Inc engages in the manufacture and distribution of engineered products for both original equipment and aftermarket channels. It operates through the following segments: Carlisle Construction Materials, Carlisle Interconnect Technologies, Carlisle Fluid Technologies, and Carlisle Brake & Friction.

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

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