Banco Santander S.A. Invests $1.13 Million in Carlisle Companies Incorporated (NYSE:CSL)

Banco Santander S.A. bought a new position in Carlisle Companies Incorporated (NYSE:CSL - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 3,318 shares of the conglomerate's stock, valued at approximately $1,130,000.

Several other large investors have also made changes to their positions in the company. Wells Fargo & Company MN raised its position in Carlisle Companies by 692.1% in the fourth quarter. Wells Fargo & Company MN now owns 616,873 shares of the conglomerate's stock valued at $227,527,000 after purchasing an additional 538,990 shares during the period. GAMMA Investing LLC increased its position in shares of Carlisle Companies by 38,164.5% during the first quarter. GAMMA Investing LLC now owns 507,005 shares of the conglomerate's stock worth $172,635,000 after acquiring an additional 505,680 shares during the last quarter. Inlight Wealth Management LLC purchased a new stake in shares of Carlisle Companies during the fourth quarter worth about $118,038,000. Cooke & Bieler LP purchased a new stake in shares of Carlisle Companies during the first quarter worth about $74,095,000. Finally, Pacer Advisors Inc. increased its position in shares of Carlisle Companies by 1,611.7% during the first quarter. Pacer Advisors Inc. now owns 214,985 shares of the conglomerate's stock worth $73,202,000 after acquiring an additional 202,425 shares during the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Stock Performance

Shares of NYSE CSL traded up $3.67 during midday trading on Tuesday, hitting $361.87. 653,226 shares of the company's stock were exchanged, compared to its average volume of 543,848. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.19 and a quick ratio of 1.47. The stock's 50 day moving average price is $387.92 and its 200-day moving average price is $370.51. The firm has a market cap of $15.47 billion, a P/E ratio of 20.22, a PEG ratio of 1.13 and a beta of 1.05. Carlisle Companies Incorporated has a twelve month low of $311.41 and a twelve month high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last announced its earnings results on Wednesday, July 30th. The conglomerate reported $6.27 EPS for the quarter, missing the consensus estimate of $6.67 by ($0.40). Carlisle Companies had a return on equity of 38.16% and a net margin of 16.12%. The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the firm earned $6.24 EPS. Carlisle Companies's revenue for the quarter was down .1% on a year-over-year basis. Equities research analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on CSL shares. Wall Street Zen upgraded Carlisle Companies from a "sell" rating to a "hold" rating in a research note on Friday, May 16th. JPMorgan Chase & Co. started coverage on Carlisle Companies in a research note on Tuesday, June 24th. They issued an "overweight" rating and a $500.00 price target for the company. Robert W. Baird lifted their price target on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a research note on Thursday, April 24th. Zelman & Associates upgraded Carlisle Companies from an "underperform" rating to a "neutral" rating in a research note on Monday, April 14th. Finally, Loop Capital downgraded Carlisle Companies from a "buy" rating to a "hold" rating and decreased their price target for the stock from $430.00 to $395.00 in a research note on Thursday, July 31st. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Carlisle Companies presently has a consensus rating of "Moderate Buy" and a consensus price target of $450.83.

About Carlisle Companies

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.