Windsor Group LTD Has $1.04 Million Stock Holdings in Caterpillar Inc. (NYSE:CAT)

Windsor Group LTD lowered its stake in Caterpillar Inc. (NYSE:CAT) by 1.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,216 shares of the industrial products company’s stock after selling 52 shares during the quarter. Windsor Group LTD’s holdings in Caterpillar were worth $1,037,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Horan Securities Inc. lifted its holdings in Caterpillar by 678.6% during the first quarter. Horan Securities Inc. now owns 109 shares of the industrial products company’s stock worth $25,000 after acquiring an additional 95 shares in the last quarter. West Financial Advisors LLC acquired a new position in shares of Caterpillar in the 2nd quarter valued at approximately $25,000. Atlas Capital Advisors LLC increased its stake in Caterpillar by 272.4% during the 1st quarter. Atlas Capital Advisors LLC now owns 108 shares of the industrial products company’s stock worth $25,000 after purchasing an additional 79 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its holdings in Caterpillar by 730.8% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 108 shares of the industrial products company’s stock worth $25,000 after buying an additional 95 shares during the period. Finally, TFC Financial Management Inc. lifted its stake in Caterpillar by 470.8% in the first quarter. TFC Financial Management Inc. now owns 137 shares of the industrial products company’s stock valued at $31,000 after buying an additional 113 shares in the last quarter. 69.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CAT shares. Robert W. Baird raised their price objective on shares of Caterpillar from $183.00 to $234.00 and gave the stock an “underperform” rating in a report on Wednesday, August 2nd. TD Cowen upped their price objective on Caterpillar from $287.00 to $320.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 2nd. Credit Suisse Group lifted their target price on Caterpillar from $279.00 to $334.00 and gave the company an “outperform” rating in a research report on Wednesday, August 2nd. Stifel Nicolaus raised their price target on shares of Caterpillar from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Caterpillar from $275.00 to $315.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 2nd. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $267.00.

Caterpillar Price Performance

Caterpillar stock opened at $280.88 on Tuesday. The firm has a market cap of $143.28 billion, a PE ratio of 17.48, a price-to-earnings-growth ratio of 1.17 and a beta of 1.13. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.33 and a quick ratio of 0.83. The stock’s fifty day moving average price is $273.63 and its two-hundred day moving average price is $242.50. Caterpillar Inc. has a one year low of $160.60 and a one year high of $293.88.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Tuesday, August 1st. The industrial products company reported $5.55 EPS for the quarter, beating analysts’ consensus estimates of $4.57 by $0.98. Caterpillar had a return on equity of 55.93% and a net margin of 12.91%. The business had revenue of $17.30 billion during the quarter, compared to the consensus estimate of $16.46 billion. During the same quarter in the previous year, the firm earned $3.18 earnings per share. Caterpillar’s revenue for the quarter was up 21.4% compared to the same quarter last year. As a group, research analysts expect that Caterpillar Inc. will post 19.82 EPS for the current fiscal year.

Insider Transactions at Caterpillar

In other Caterpillar news, insider Anthony D. Fassino sold 2,923 shares of the company’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $279.00, for a total transaction of $815,517.00. Following the completion of the sale, the insider now directly owns 16,182 shares in the company, valued at $4,514,778. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Caterpillar news, insider Lange Bob De sold 20,000 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $275.00, for a total transaction of $5,500,000.00. Following the completion of the transaction, the insider now owns 53,671 shares of the company’s stock, valued at $14,759,525. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Anthony D. Fassino sold 2,923 shares of the firm’s stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $279.00, for a total transaction of $815,517.00. Following the completion of the sale, the insider now owns 16,182 shares in the company, valued at $4,514,778. The disclosure for this sale can be found here. In the last 90 days, insiders sold 54,918 shares of company stock valued at $15,299,870. Company insiders own 0.33% of the company’s stock.

Caterpillar Profile

Caterpillar, Inc engages in the manufacture of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. It operates through the following segments: Construction Industries, Resource Industries, Energy and Transportation, Financial Products, and All Other.