Rating To Observe: Carlisle Cos (CSL) Is a Stock Longbow Research Is Wary of; Firm Downgrades It

November 29, 2016 - By Linda Rogers

Rating To Observe: Carlisle Cos (CSL) Is a Stock Longbow Research Is Wary of; Firm Downgrades It

Carlisle Cos (CSL) Downgrade

Longbow Research lowered the shares of Carlisle Cos (CSL) from a Buy rating to a Neutral rating in a a note made public on Tuesday morning.

About 155,240 shares traded hands. Carlisle Companies, Inc. (CSL) has risen 14.48% since April 26, 2016 and is uptrending. It has outperformed by 9.22% the S&P500.

Analysts await Carlisle Companies, Inc. (NYSE:CSL) to report earnings on February, 9 after the close. They expect $1.29 earnings per share, up 4.03% or $0.05 from last year’s $1.24 per share. CSL’s profit will be $82.03 million for 22.25 P/E if the $1.29 EPS becomes a reality. After $1.74 actual earnings per share reported by Carlisle Companies, Inc. for the previous quarter, Wall Street now forecasts -25.86% negative EPS growth.

Insitutional Activity: The institutional sentiment decreased to 1.2 in 2016 Q2. Its down 0.01, from 1.21 in 2016Q1. The ratio dived, as 26 funds sold all Carlisle Companies, Inc. shares owned while 100 reduced positions. 44 funds bought stakes while 109 increased positions. They now own 55.69 million shares or 4.40% less from 58.26 million shares in 2016Q1.

Select Equity Gp L P holds 0% or 526,947 shares in its portfolio. The Pennsylvania-based Glenmede Trust Communication Na has invested 0.02% in Carlisle Companies, Inc. (NYSE:CSL). Cantab Capital Prtnrs Limited Liability Partnership accumulated 6,402 shares or 0% of the stock. Moreover, Hightower Limited Liability Corporation has 0.03% invested in Carlisle Companies, Inc. (NYSE:CSL) for 24,814 shares. American Gru holds 0% of its portfolio in Carlisle Companies, Inc. (NYSE:CSL) for 124,145 shares. Blackrock Japan has 53,727 shares for 0.02% of their US portfolio. The Massachusetts-based Marble Harbor Inv Counsel Ltd has invested 0.05% in Carlisle Companies, Inc. (NYSE:CSL). Birch Hill Invest Advsr Ltd Liability Com holds 0.08% of its portfolio in Carlisle Companies, Inc. (NYSE:CSL) for 7,336 shares. Texas Permanent School Fund holds 49,082 shares or 0.07% of its portfolio. Tocqueville Asset Mngmt Limited Partnership reported 106,454 shares or 0.14% of all its holdings. Stifel Financial last reported 13,723 shares in the company. Kennedy Capital Management Inc accumulated 120,883 shares or 0.26% of the stock. Proshare Advsr Ltd Liability Co holds 0.04% or 26,548 shares in its portfolio. Hahn Cap Mngmt Limited Liability holds 0% of its portfolio in Carlisle Companies, Inc. (NYSE:CSL) for 241,892 shares. Orrstown Fincl Service Incorporated holds 0.36% or 3,200 shares in its portfolio.

Insider Transactions: Since June 13, 2016, the stock had 0 insider buys, and 3 sales for $12.01 million net activity. The insider Selbach Scott C sold $3.81 million. ROBERTS DAVID A sold $2.47M worth of stock or 24,740 shares. Altmeyer John W also sold $5.73M worth of Carlisle Companies, Inc. (NYSE:CSL) on Thursday, November 10.

Carlisle Companies Incorporated is a holding firm for Carlisle Corporation and its wholly owned subsidiaries. The company has a market cap of $7.30 billion. The Firm is a diversified manufacturing company. It has a 29.45 P/E ratio. The Firm operates through five divisions: Carlisle Construction Materials , Carlisle Interconnect Technologies (CIT), Carlisle Fluid Technologies (CFT), Carlisle Brake & Friction (CBF) and Carlisle FoodService Products (CFSP).

According to Zacks Investment Research, “Carlisle Companies Incorporated manufactures and distributes a wide variety of products across a broad range of industries, including, among others, roofing, construction, trucking, automotive, foodservice, industrial equipment, lawn and garden and aircraft manufacturing. They market their products both as a component supplier to original equipment manufacturers, as well as directly to end users.”

CSL Company Profile

Carlisle Companies Incorporated, incorporated on February 28, 1986, is a holding firm for Carlisle Corporation and its wholly owned subsidiaries. The Firm is a diversified manufacturing company. The Firm operates through five divisions: Carlisle Construction Materials (CCM), Carlisle Interconnect Technologies (CIT), Carlisle Fluid Technologies (CFT), Carlisle Brake & Friction (CBF) and Carlisle FoodService Products (CFSP). The Firm designs, makes, and markets a range of products that serves a range of niche markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coating, wood, auto refinishing, foodservice, and healthcare and sanitary maintenance. . The Firm markets its products as a component supplier to original equipment manufacturers, distributors and directly to end users.

More important recent Carlisle Companies, Inc. (NYSE:CSL) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Carlisle Companies, Marathon Oil and Phillips 66” on May 12, 2016, also Nasdaq.com published article titled: “Ex-Dividend Reminder: Grace, Carlisle Companies and Black Stone Minerals”, Nasdaq.com published: “Carlisle Companies Inc. Bottom Line Rises 9% In Q3” on October 25, 2016. More interesting news about Carlisle Companies, Inc. (NYSE:CSL) was released by: Bizjournals.com and their article: “EXCLUSIVE: Phoenix lands Fortune 1000 company headquarters relocation” with publication date: February 11, 2016.

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