Quite a lot of different giant traders have additionally just lately purchased and offered shares of CAT. Atlas Capital Advisors LLC boosted its position in Caterpillar by 272.4% through the 1st quarter. Atlas Capital Advisors LLC now owns 108 shares of the economic merchandise firm’s inventory value $25,000 after buying an extra 79 shares over the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in Caterpillar by 730.8% through the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 108 shares of the economic merchandise firm’s inventory valued at $25,000 after buying an extra 95 shares over the last quarter. First Capital Advisors Group LLC. acquired a brand new stake in Caterpillar through the 2nd quarter valued at $30,000. CGC Financial Services LLC purchased a brand new position in Caterpillar through the 2nd quarter value $31,000. Finally, SkyView Investment Advisors LLC purchased a brand new position in Caterpillar through the 1st quarter value $35,000. Institutional traders and hedge funds personal 69.20% of the corporate’s inventory.
Caterpillar Stock Performance
Shares of NYSE CAT traded up $3.20 throughout buying and selling on Wednesday, hitting $330.83. The firm had a buying and selling quantity of 275,651 shares, in comparison with its common quantity of two,603,383. The firm has a debt-to-equity ratio of 1.25, a fast ratio of 0.87 and a present ratio of 1.35. Caterpillar Inc. has a 12 month low of $204.04 and a 12 month excessive of $334.87. The agency has a market capitalization of $168.43 billion, a P/E ratio of 16.27, a price-to-earnings-growth ratio of 1.55 and a beta of 1.15. The inventory has a 50 day easy transferring common of $302.65 and a 200 day easy transferring common of $277.32.
Caterpillar (NYSE:CAT – Get Free Report) final posted its quarterly earnings outcomes on Monday, February fifth. The industrial merchandise firm reported $5.23 EPS for the quarter, topping analysts’ consensus estimates of $4.76 by $0.47. Caterpillar had a return on fairness of 56.99% and a internet margin of 15.41%. The firm had income of $17.07 billion for the quarter, in comparison with analysts’ expectations of $17.06 billion. During the identical interval within the earlier 12 months, the agency earned $3.86 EPS. The agency’s income was up 2.8% in comparison with the identical quarter final 12 months. As a gaggle, analysts anticipate that Caterpillar Inc. will put up 21.24 earnings per share for the present 12 months.
Caterpillar Announces Dividend
The agency additionally just lately introduced a quarterly dividend, which was paid on Tuesday, February twentieth. Shareholders of document on Monday, January twenty second got a dividend of $1.30 per share. The ex-dividend date of this dividend was Friday, January nineteenth. This represents a $5.20 annualized dividend and a dividend yield of 1.57%. Caterpillar’s dividend payout ratio (DPR) is presently 25.82%.
Analyst Upgrades and Downgrades
CAT has been the subject of plenty of recent analyst experiences. HSBC initiated protection on Caterpillar in a analysis report on Monday, November twentieth. They issued a “maintain” score and a $250.00 value goal on the inventory. Tigress Financial raised their value goal on shares of Caterpillar from $282.00 to $295.00 and gave the corporate a “purchase” score in a report on Wednesday, November eighth. Stifel Nicolaus upped their value goal on shares of Caterpillar from $285.00 to $293.00 and gave the corporate a “purchase” score in a analysis report on Tuesday, December nineteenth. Wells Fargo & Company upped their value goal on shares of Caterpillar from $290.00 to $325.00 and gave the corporate an “equal weight” score in a analysis report on Tuesday, February sixth. Finally, StockInformation.com reduce shares of Caterpillar from a “strong-buy” score to a “purchase” score in a analysis report on Tuesday, February twentieth. Two analysts have rated the inventory with a promote score, 9 have assigned a maintain score and eight have assigned a purchase score to the inventory. Based on information from MarketBeat, Caterpillar presently has a mean score of “Hold” and a consensus value goal of $292.78.
Get Our Latest Stock Report on CAT
Insider Activity at Caterpillar
In different Caterpillar information, insider Lange Bob De offered 21,194 shares of Caterpillar inventory in a transaction dated Wednesday, February seventh. The inventory was offered at a mean value of $325.52, for a complete transaction of $6,899,070.88. Following the completion of the sale, the insider now owns 61,092 shares of the corporate’s inventory, valued at roughly $19,886,667.84. The sale was disclosed in a authorized submitting with the SEC, which is accessible by way of this hyperlink. In different Caterpillar information, insider Lange Bob De offered 21,194 shares of the business’s inventory in a transaction that occurred on Wednesday, February seventh. The inventory was offered at a mean value of $325.52, for a complete transaction of $6,899,070.88. Following the completion of the sale, the insider now instantly owns 61,092 shares within the firm, valued at roughly $19,886,667.84. The transaction was disclosed in a doc filed with the SEC, which is available by way of this hyperlink. Also, Director David Maclennan purchased 350 shares of the corporate’s inventory in a transaction on Friday, February twenty third. The inventory was bought at a mean cost of $323.37 per share, with a complete worth of $113,179.50. Following the completion of the transaction, the director now owns 5,238 shares within the firm, valued at $1,693,812.06. The disclosure for this buy will be discovered right here. Insiders offered 41,194 shares of firm inventory value $13,000,471 over the past three months. 0.33% of the inventory is owned by company insiders.
Caterpillar Profile
(Free Report)
Caterpillar Inc manufactures and sells development and mining tools, off-highway diesel and pure gasoline engines, industrial gasoline generators, and diesel-electric locomotives within the United States and internationally. Its Construction Industries section presents asphalt pavers, compactors, highway reclaimers, forestry machines, chilly planers, materials handlers, tractors, excavators, telehandlers, motor graders, and pipelayers; compact monitor and multi-terrain, wheel, track-type, backhoe, and skid steer loaders; and associated components and instruments.
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Want to see what different hedge funds are holding CAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Caterpillar Inc. (NYSE:CAT – Free Report).
This immediate information alert was generated by narrative science expertise and monetary information from MarketBeat with a view to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to [email protected].
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