Carlisle Companies (NYSE:CSL) PT Raised to $412.00 at Oppenheimer

Carlisle Companies (NYSE:CSL - Get Free Report) had its target price hoisted by research analysts at Oppenheimer from $405.00 to $412.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has an "outperform" rating on the conglomerate's stock. Oppenheimer's target price would suggest a potential upside of 12.10% from the stock's current price.

A number of other research firms have also recently commented on CSL. Robert W. Baird lifted their price target on Carlisle Companies from $400.00 to $435.00 and gave the stock an "outperform" rating in a report on Tuesday, April 9th. StockNews.com upgraded Carlisle Companies from a "hold" rating to a "buy" rating in a research note on Wednesday, February 7th. Loop Capital increased their price target on Carlisle Companies from $375.00 to $440.00 and gave the company a "buy" rating in a research note on Monday, April 1st. Finally, The Goldman Sachs Group assumed coverage on Carlisle Companies in a report on Wednesday, April 3rd. They set a "buy" rating and a $455.00 price target for the company. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Carlisle Companies presently has a consensus rating of "Moderate Buy" and an average target price of $390.33.

Carlisle Companies Stock Down 0.4 %

NYSE CSL traded down $1.31 during trading hours on Thursday, hitting $367.53. 264,577 shares of the company traded hands, compared to its average volume of 274,329. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.57 and a current ratio of 2.87. The business's 50-day moving average is $367.86 and its 200-day moving average is $315.04. The stock has a market capitalization of $17.57 billion, a price-to-earnings ratio of 24.12, a P/E/G ratio of 1.33 and a beta of 0.93. Carlisle Companies has a twelve month low of $205.10 and a twelve month high of $403.44.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its quarterly earnings data on Tuesday, February 6th. The conglomerate reported $4.17 EPS for the quarter, beating the consensus estimate of $3.47 by $0.70. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.09 billion. Carlisle Companies had a return on equity of 28.31% and a net margin of 15.07%. The firm's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.92 EPS. Sell-side analysts anticipate that Carlisle Companies will post 18.7 earnings per share for the current year.

Insider Buying and Selling at Carlisle Companies

In other news, CEO D Christian Koch sold 6,454 shares of the business's stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $347.53, for a total value of $2,242,958.62. Following the completion of the sale, the chief executive officer now owns 86,652 shares of the company's stock, valued at $30,114,169.56. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CEO D Christian Koch sold 6,454 shares of the firm's stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $347.53, for a total transaction of $2,242,958.62. Following the transaction, the chief executive officer now directly owns 86,652 shares of the company's stock, valued at $30,114,169.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lori A. Snyder sold 8,101 shares of Carlisle Companies stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $339.64, for a total transaction of $2,751,423.64. Following the completion of the sale, the insider now owns 5,212 shares of the company's stock, valued at $1,770,203.68. The disclosure for this sale can be found here. Insiders have sold a total of 15,255 shares of company stock valued at $5,231,360 in the last ninety days. 1.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Carlisle Companies

A number of institutional investors have recently modified their holdings of CSL. Allworth Financial LP raised its stake in Carlisle Companies by 88.9% in the fourth quarter. Allworth Financial LP now owns 85 shares of the conglomerate's stock valued at $27,000 after purchasing an additional 40 shares in the last quarter. Coppell Advisory Solutions Corp. acquired a new position in shares of Carlisle Companies in the 4th quarter valued at approximately $29,000. V Square Quantitative Management LLC bought a new stake in shares of Carlisle Companies during the 4th quarter worth approximately $31,000. Principal Securities Inc. bought a new stake in shares of Carlisle Companies during the 4th quarter worth approximately $32,000. Finally, Tennessee Valley Asset Management Partners acquired a new stake in shares of Carlisle Companies during the 4th quarter worth approximately $40,000. 89.52% of the stock is currently owned by institutional investors.

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.