Carlisle Companies (CSL) : Inverness Counsel Ny reduced its stake in Carlisle Companies by 10.92% during the most recent quarter end. The investment management company now holds a total of 972,370 shares of Carlisle Companies which is valued at $97.8 Million after selling 119,139 shares in Carlisle Companies , the firm said in a disclosure report filed with the SEC on May 11, 2016.Carlisle Companies makes up approximately 7.73% of Inverness Counsel Ny’s portfolio.
Other Hedge Funds, Including , Blackrock Institutional Trust Company N.a. boosted its stake in CSL in the latest quarter, The investment management firm added 564,390 additional shares and now holds a total of 2,518,429 shares of Carlisle Companies which is valued at $253.3 Million. Carlisle Companies makes up approx 0.04% of Blackrock Institutional Trust Company N.a.’s portfolio.Liberty Mutual Group Asset Management reduced its stake in CSL by selling 16,266 shares or 38.69% in the most recent quarter. The Hedge Fund company now holds 25,781 shares of CSL which is valued at $2.6 Million. Carlisle Companies makes up approx 0.11% of Liberty Mutual Group Asset Management’s portfolio.Fiduciary Management Associates boosted its stake in CSL in the latest quarter, The investment management firm added 215 additional shares and now holds a total of 5,395 shares of Carlisle Companies which is valued at $550,614. Carlisle Companies makes up approx 0.04% of Fiduciary Management Associates’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in CSL by selling 909 shares or 0.67% in the most recent quarter. The Hedge Fund company now holds 135,047 shares of CSL which is valued at $13.8 Million. Carlisle Companies makes up approx 0.11% of Public Employees Retirement Association Of Colorado’s portfolio.
Carlisle Companies opened for trading at $100.59 and hit $102.06 on the upside on Monday, eventually ending the session at $101.75, with a gain of 1.49% or 1.49 points. The heightened volatility saw the trading volume jump to 3,51,968 shares. Company has a market cap of $6,531 M.
On the company’s financial health, Carlisle Companies reported $1.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.23 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.82. The company had revenue of $794.00 million for the quarter, compared to analysts expectations of $780.84 million. The company’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 EPS.
Many Wall Street Analysts have commented on Carlisle Companies. Company shares were Reiterated by RBC Capital Mkts on Apr 28, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 102 from a previous price target of $93 .Company shares were Reiterated by Wunderlich on Apr 27, 2016 to “Buy”, Firm has raised the Price Target to $ 130 from a previous price target of $110 .
Carlisle Companies Incorporated (Carlisle) is a holding company for Carlisle Corporation and its wholly-owned subsidiaries. Carlisle is a diversified manufacturing company. The Company operates through four segments.. The Carlisle Construction Materials segment manufactures and sells rubber thermoplastic polyolefin and polyvinyl chloride membrane roofing systems. The Carlisle Interconnect Technologies segment designs and manufactures wire cable connectors contacts and cable assemblies for the transfer of power and data for the aerospace medical defense electronics test and measurement equipment. The Carlisle Brake & Friction segment’s products include brakes and friction material and clutch and transmission friction material. The Carlisle FoodService Products segment is a manufacturer distributor and seller of commercial foodservice and janitorial products.