Personal CFO Solutions LLC Acquires 164 Shares of Caterpillar Inc. (NYSE:CAT)

Personal CFO Solutions LLC raised its holdings in Caterpillar Inc. (NYSE:CATFree Report) by 13.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,419 shares of the industrial products company’s stock after purchasing an additional 164 shares during the quarter. Personal CFO Solutions LLC’s holdings in Caterpillar were worth $420,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Partnership Wealth Management LLC bought a new stake in shares of Caterpillar during the fourth quarter worth $26,000. Gilfoyle & Co LLC acquired a new stake in shares of Caterpillar during the fourth quarter worth $30,000. Fortitude Family Office LLC acquired a new stake in shares of Caterpillar during the fourth quarter worth $39,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of Caterpillar during the fourth quarter worth $40,000. Finally, DiNuzzo Private Wealth Inc. acquired a new stake in shares of Caterpillar during the fourth quarter worth $41,000. Institutional investors own 70.98% of the company’s stock.

Insiders Place Their Bets

In other Caterpillar news, insider Lange Bob De sold 21,847 shares of the firm’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $356.90, for a total transaction of $7,797,194.30. Following the transaction, the insider now owns 71,115 shares in the company, valued at approximately $25,380,943.50. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, insider Cheryl H. Johnson sold 1,508 shares of Caterpillar stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $340.00, for a total value of $512,720.00. Following the transaction, the insider now owns 20,023 shares in the company, valued at approximately $6,807,820. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Lange Bob De sold 21,847 shares of Caterpillar stock in a transaction on Monday, May 13th. The shares were sold at an average price of $356.90, for a total value of $7,797,194.30. Following the completion of the transaction, the insider now owns 71,115 shares in the company, valued at approximately $25,380,943.50. The disclosure for this sale can be found here. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Price Performance

Caterpillar stock opened at $329.46 on Tuesday. The stock’s 50 day moving average is $351.54 and its 200-day moving average is $322.39. Caterpillar Inc. has a 12 month low of $223.76 and a 12 month high of $382.01. The company has a current ratio of 1.35, a quick ratio of 0.83 and a debt-to-equity ratio of 1.41. The company has a market capitalization of $161.12 billion, a price-to-earnings ratio of 14.87, a PEG ratio of 1.69 and a beta of 1.14.

Caterpillar (NYSE:CATGet Free Report) last posted its quarterly earnings data on Thursday, April 25th. The industrial products company reported $5.60 EPS for the quarter, topping analysts’ consensus estimates of $5.12 by $0.48. Caterpillar had a return on equity of 58.61% and a net margin of 16.79%. The firm had revenue of $15.80 billion for the quarter, compared to analyst estimates of $16.07 billion. Equities research analysts expect that Caterpillar Inc. will post 21.81 EPS for the current year.

Caterpillar Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 20th. Shareholders of record on Monday, April 22nd were paid a dividend of $1.30 per share. The ex-dividend date was Friday, April 19th. This represents a $5.20 dividend on an annualized basis and a yield of 1.58%. Caterpillar’s dividend payout ratio (DPR) is presently 23.48%.

Analyst Ratings Changes

A number of equities research analysts recently commented on CAT shares. The Goldman Sachs Group lifted their price objective on Caterpillar from $357.00 to $408.00 and gave the stock a “buy” rating in a research note on Tuesday, April 16th. Stifel Nicolaus lowered Caterpillar from a “buy” rating to a “hold” rating and boosted their price target for the company from $293.00 to $350.00 in a report on Friday, April 26th. StockNews.com lowered Caterpillar from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 20th. TD Cowen upped their target price on Caterpillar from $338.00 to $340.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Finally, HSBC upped their target price on Caterpillar from $330.00 to $360.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $323.35.

Check Out Our Latest Report on CAT

Caterpillar Profile

(Free Report)

Caterpillar Inc manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

See Also

Institutional Ownership by Quarter for Caterpillar (NYSE:CAT)

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