Caterpillar, Inc. (CAT) Holdings Raised by Airain ltd

Airain ltd raised its holdings in shares of Caterpillar, Inc. (NYSE:CAT) by 1,534.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 94,702 shares of the industrial products company’s stock after acquiring an additional 88,907 shares during the quarter. Airain ltd’s holdings in Caterpillar were worth $10,177,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of CAT. S. R. Schill & Associates increased its holdings in shares of Caterpillar by 0.3% in the first quarter. S. R. Schill & Associates now owns 2,204 shares of the industrial products company’s stock worth $204,000 after purchasing an additional 6 shares during the last quarter. Northstar Group Inc. increased its holdings in shares of Caterpillar by 0.3% in the second quarter. Northstar Group Inc. now owns 2,385 shares of the industrial products company’s stock worth $256,000 after purchasing an additional 8 shares during the last quarter. Clearbridge Investments LLC increased its holdings in shares of Caterpillar by 0.3% in the first quarter. Clearbridge Investments LLC now owns 3,635 shares of the industrial products company’s stock worth $337,000 after purchasing an additional 10 shares during the last quarter. Toth Financial Advisory Corp increased its holdings in shares of Caterpillar by 0.3% in the second quarter. Toth Financial Advisory Corp now owns 3,915 shares of the industrial products company’s stock worth $421,000 after purchasing an additional 10 shares during the last quarter. Finally, Tarbox Family Office Inc. increased its holdings in shares of Caterpillar by 0.4% in the second quarter. Tarbox Family Office Inc. now owns 2,887 shares of the industrial products company’s stock worth $310,000 after purchasing an additional 12 shares during the last quarter. 69.24% of the stock is currently owned by institutional investors and hedge funds.

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Caterpillar, Inc. (CAT) opened at 126.93 on Friday. The company has a 50-day moving average of $120.60 and a 200-day moving average of $107.99. Caterpillar, Inc. has a 52 week low of $80.33 and a 52 week high of $127.09. The company has a market cap of $75.01 billion, a P/E ratio of 709.11 and a beta of 1.26.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Tuesday, July 25th. The industrial products company reported $1.49 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.26 by $0.23. Caterpillar had a net margin of 0.27% and a return on equity of 18.52%. The company had revenue of $11.33 billion during the quarter, compared to analysts’ expectations of $10.96 billion. During the same quarter last year, the company posted $1.09 EPS. The firm’s revenue was up 9.6% compared to the same quarter last year. On average, equities research analysts predict that Caterpillar, Inc. will post $5.25 EPS for the current year.

Several equities research analysts have recently issued reports on CAT shares. BMO Capital Markets reaffirmed a “buy” rating and issued a $130.00 target price on shares of Caterpillar in a report on Friday, September 8th. Vetr cut Caterpillar from a “buy” rating to a “hold” rating and set a $122.53 target price on the stock. in a report on Monday, September 11th. Jefferies Group LLC reissued a “hold” rating and set a $100.00 price objective on shares of Caterpillar in a research note on Tuesday, August 29th. Credit Suisse Group reissued a “hold” rating and set a $133.00 price objective on shares of Caterpillar in a research note on Friday, September 22nd. Finally, Deutsche Bank AG cut Caterpillar from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $121.00 to $106.00 in a research note on Friday, June 23rd. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $114.03.

In other news, insider Bradley M. Halverson sold 182,612 shares of Caterpillar stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $114.05, for a total transaction of $20,826,898.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William A. Osborn sold 5,000 shares of Caterpillar stock in a transaction on Friday, July 28th. The stock was sold at an average price of $113.67, for a total transaction of $568,350.00. The disclosure for this sale can be found here. Insiders sold a total of 201,471 shares of company stock valued at $22,979,332 in the last three months. 0.14% of the stock is currently owned by corporate insiders.

Caterpillar Profile

Institutional Ownership by Quarter for Caterpillar (NYSE:CAT)

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