Millennium Management LLC Has $6.38 Million Holdings in Carlisle Companies, Inc. (CSL)

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Millennium Management LLC lowered its position in Carlisle Companies, Inc. (NYSE:CSL) by 90.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 58,877 shares of the conglomerate’s stock after selling 564,705 shares during the period. Millennium Management LLC owned approximately 0.10% of Carlisle Companies worth $6,377,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Arizona State Retirement System lifted its stake in Carlisle Companies by 1.2% in the second quarter. Arizona State Retirement System now owns 42,314 shares of the conglomerate’s stock worth $4,583,000 after purchasing an additional 498 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of Carlisle Companies by 8.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 7,136 shares of the conglomerate’s stock valued at $773,000 after acquiring an additional 556 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Carlisle Companies by 5.6% during the first quarter. Commonwealth Equity Services LLC now owns 12,744 shares of the conglomerate’s stock valued at $1,330,000 after acquiring an additional 676 shares in the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of Carlisle Companies by 2.8% during the second quarter. Oregon Public Employees Retirement Fund now owns 24,915 shares of the conglomerate’s stock valued at $2,699,000 after acquiring an additional 690 shares in the last quarter. Finally, Xact Kapitalforvaltning AB raised its stake in shares of Carlisle Companies by 10.1% during the second quarter. Xact Kapitalforvaltning AB now owns 8,709 shares of the conglomerate’s stock valued at $943,000 after acquiring an additional 800 shares in the last quarter. 91.31% of the stock is owned by institutional investors and hedge funds.

CSL has been the subject of several research analyst reports. Oppenheimer reaffirmed a “hold” rating on shares of Carlisle Companies in a research note on Wednesday, July 25th. Zacks Investment Research downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Monday, August 13th. BMO Capital Markets downgraded shares of Carlisle Companies from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $140.00 to $125.00 in a research note on Monday, October 8th. ValuEngine downgraded shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, October 2nd. Finally, Longbow Research reaffirmed a “hold” rating on shares of Carlisle Companies in a research note on Monday, September 24th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $133.17.

In related news, Director David A. Roberts sold 36,533 shares of the business’s stock in a transaction that occurred on Thursday, September 13th. The shares were sold at an average price of $127.52, for a total value of $4,658,688.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.40% of the company’s stock.

Carlisle Companies stock opened at $106.11 on Friday. The company has a quick ratio of 2.40, a current ratio of 3.10 and a debt-to-equity ratio of 0.59. Carlisle Companies, Inc. has a fifty-two week low of $97.03 and a fifty-two week high of $129.47. The company has a market cap of $7.28 billion, a PE ratio of 19.29, a P/E/G ratio of 1.34 and a beta of 0.86.

Carlisle Companies (NYSE:CSL) last issued its quarterly earnings data on Tuesday, July 24th. The conglomerate reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.27. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.18 billion. Carlisle Companies had a net margin of 14.20% and a return on equity of 13.21%. Carlisle Companies’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.58 earnings per share. On average, sell-side analysts predict that Carlisle Companies, Inc. will post 6.06 EPS for the current year.

Carlisle Companies Profile

Carlisle Companies Incorporated operates as a diversified manufacturing company. The company's Carlisle Construction Materials segment provides insulation materials; thermoplastic polyolefin, ehtylene 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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