3,914 Shares in Carlisle Companies Incorporated $CSL Bought by Lombard Odier Asset Management Switzerland SA

Lombard Odier Asset Management Switzerland SA bought a new position in shares of Carlisle Companies Incorporated (NYSE:CSL) in the first quarter, HoldingsChannel.com reports. The firm bought 3,914 shares of the conglomerate’s stock, valued at approximately $1,306,000.

A number of other hedge funds also recently bought and sold shares of the company. First Manhattan CO. LLC. bought a new position in shares of Carlisle Companies in the fourth quarter worth about $140,256,000. Northwestern Mutual Wealth Management Co. boosted its stake in Carlisle Companies by 10,568.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389,198 shares of the conglomerate’s stock valued at $124,489,000 after purchasing an additional 385,550 shares during the period. Generation Investment Management LLP bought a new stake in Carlisle Companies during the 4th quarter valued at approximately $109,217,000. Norges Bank acquired a new stake in Carlisle Companies in the 4th quarter valued at approximately $87,543,000. Finally, Bank of New York Mellon Corp grew its holdings in Carlisle Companies by 26.8% in the 1st quarter. Bank of New York Mellon Corp now owns 1,191,660 shares of the conglomerate’s stock valued at $397,561,000 after buying an additional 251,614 shares during the last quarter. 89.52% of the stock is currently owned by institutional investors.

Carlisle Companies Stock Performance

NYSE:CSL opened at $340.81 on Tuesday. The firm has a market capitalization of $13.79 billion, a PE ratio of 20.04, a price-to-earnings-growth ratio of 1.06 and a beta of 0.85. The company has a quick ratio of 2.58, a current ratio of 3.38 and a debt-to-equity ratio of 1.74. Carlisle Companies Incorporated has a 12-month low of $293.43 and a 12-month high of $435.92. The firm has a 50-day moving average price of $346.74 and a 200 day moving average price of $355.88.

Analyst Ratings Changes

A number of research analysts have recently commented on CSL shares. Raymond James Financial began coverage on Carlisle Companies in a report on Monday, April 27th. They set an “outperform” rating and a $425.00 price target for the company. Weiss Ratings restated a “hold (c)” rating on shares of Carlisle Companies in a research note on Wednesday, June 24th. Robert W. Baird dropped their target price on shares of Carlisle Companies from $425.00 to $405.00 and set an “outperform” rating on the stock in a research report on Monday, July 20th. Oppenheimer increased their price target on shares of Carlisle Companies from $420.00 to $425.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Truist Financial decreased their price target on shares of Carlisle Companies from $360.00 to $340.00 and set a “hold” rating on the stock in a research report on Tuesday, July 7th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Carlisle Companies presently has an average rating of “Hold” and an average target price of $399.29.

Carlisle Companies Company Profile

Carlisle Companies Inc is a diversified global manufacturer serving a broad array of markets with engineered products, systems and solutions. The company’s operations span several core business segments, including construction materials, fluid technologies, interconnect technologies, brake and friction systems, and engineered products. Carlisle is known for its expertise in developing high-performance building envelope solutions, precision-engineered hoses and fluid-handling components, lightweight interconnect systems for aerospace and defense, and heavy-duty brake and friction products.

Within its construction materials segment, Carlisle offers single-ply roofing membranes, polyiso insulation, and waterproofing systems designed for commercial and industrial buildings.