CAT has been the topic of quite a few different experiences. The Goldman Sachs Group raised their value goal on shares of Caterpillar from $274.00 to $357.00 and gave the corporate a “buy” score in a analysis notice on Tuesday, February sixth. Stifel Nicolaus raised their value goal on shares of Caterpillar from $285.00 to $293.00 and gave the corporate a “buy” score in a analysis notice on Tuesday, December nineteenth. Citigroup raised their value goal on shares of Caterpillar from $255.00 to $340.00 and gave the corporate a “neutral” score in a analysis notice on Monday, February twelfth. Robert W. Baird raised their value goal on shares of Caterpillar from $210.00 to $257.00 and gave the corporate an “underperform” score in a analysis notice on Tuesday, February sixth. Finally, JPMorgan Chase & Co. raised their value goal on shares of Caterpillar from $345.00 to $385.00 and gave the corporate an “overweight” score in a analysis notice on Tuesday, February sixth. One equities analysis analyst has rated the inventory with a promote score, 9 have assigned a maintain score and 9 have issued a purchase score to the inventory. Based on information from MarketBeat, Caterpillar presently has a median score of “Hold” and a consensus value goal of $297.89.
Check Out Our Latest Analysis on Caterpillar
Caterpillar Stock Up 1.4 %
Shares of Caterpillar inventory opened at $346.75 on Thursday. The firm has a debt-to-equity ratio of 1.25, a present ratio of 1.35 and a fast ratio of 0.87. The firm has a 50-day transferring common of $314.55 and a 200 day transferring common of $282.99. The agency has a market cap of $173.17 billion, a price-to-earnings ratio of 17.22, a PEG ratio of 1.63 and a beta of 1.16. Caterpillar has a 1 12 months low of $204.04 and a 1 12 months excessive of $347.29.
Caterpillar (NYSE:CAT – Get Free Report) final issued its quarterly earnings outcomes on Monday, February fifth. The industrial merchandise firm reported $5.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.76 by $0.47. The firm had income of $17.07 billion in the course of the quarter, in comparison with analyst estimates of $17.06 billion. Caterpillar had a internet margin of 15.41% and a return on fairness of 56.99%. Caterpillar’s quarterly income was up 2.8% in comparison with the identical quarter final 12 months. During the identical interval final 12 months, the business earned $3.86 EPS. As a bunch, sell-side analysts anticipate that Caterpillar will put up 21.22 earnings per share for the present fiscal 12 months.
Insider Buying and Selling at Caterpillar
In different Caterpillar information, CFO Andrew R. J. Bonfield offered 10,000 shares of Caterpillar inventory in a transaction that occurred on Thursday, January twenty fifth. The shares have been offered at a median value of $300.04, for a complete transaction of $3,000,400.00. Following the transaction, the chief monetary officer now owns 67,317 shares of the corporate’s inventory, valued at $20,197,792.68. The sale was disclosed in a authorized submitting with the Securities & Exchange Commission, which is available by way of the SEC web site. In different information, CFO Andrew R. J. Bonfield offered 10,000 shares of Caterpillar inventory in a transaction that occurred on Thursday, January twenty fifth. The shares have been offered at a median value of $300.04, for a complete transaction of $3,000,400.00. Following the sale, the chief monetary officer now owns 67,317 shares within the firm, valued at $20,197,792.68. The transaction was disclosed in a doc filed with the SEC, which is available at this hyperlink. Also, Director David Maclennan acquired 350 shares of Caterpillar inventory in a transaction dated Friday, February twenty third. The shares have been purchased at a median value of $323.37 per share, for a complete transaction of $113,179.50. Following the transaction, the director now owns 5,238 shares of the corporate’s inventory, valued at $1,693,812.06. The disclosure for this buy may be discovered right here. Insiders have offered 45,769 shares of firm inventory valued at $14,509,306 during the last 90 days. 0.33% of the inventory is presently owned by company insiders.
Institutional Investors Weigh In On Caterpillar
Several institutional buyers and hedge funds have just lately modified their holdings of CAT. Panagora Asset Management Inc. elevated its position in Caterpillar by 16.7% within the third quarter. Panagora Asset Management Inc. now owns 367,655 shares of the economic merchandise firm’s inventory price $100,370,000 after buying a further 52,576 shares over the last quarter. Cary Street Partners Investment Advisory LLC boosted its stake in Caterpillar by 36.8% in the course of the second quarter. Cary Street Partners Investment Advisory LLC now owns 14,773 shares of the economic merchandise firm’s inventory price $3,635,000 after shopping for a further 3,974 shares in the course of the interval. Geode Capital Management LLC boosted its stake in Caterpillar by 1.7% in the course of the second quarter. Geode Capital Management LLC now owns 9,532,245 shares of the economic merchandise firm’s inventory price $2,339,234,000 after shopping for a further 156,608 shares in the course of the interval. Eagle Asset Management Inc. boosted its stake in Caterpillar by 176.9% in the course of the third quarter. Eagle Asset Management Inc. now owns 27,357 shares of the economic merchandise firm’s inventory price $7,468,000 after shopping for a further 17,478 shares in the course of the interval. Finally, Zhang Financial LLC boosted its stake in Caterpillar by 7.0% in the course of the third quarter. Zhang Financial LLC now owns 6,137 shares of the economic merchandise firm’s inventory price $1,676,000 after shopping for a further 402 shares in the course of the interval. Institutional buyers personal 69.20% of the corporate’s inventory.
About Caterpillar
(Get Free Report)
Caterpillar Inc manufactures and sells development and mining gear, off-highway diesel and pure fuel engines, industrial fuel generators, and diesel-electric locomotives in worldwide. Its Construction Industries section gives asphalt pavers, compactors, street reclaimers, forestry machines, chilly planers, materials handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact monitor, wheel, track-type, backhoe, and skid steer loaders; and associated components and instruments.
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