Traders purchased shares of Caterpillar, Inc. (NYSE:CAT) on weakness during trading on Monday. $214.74 million flowed into the stock on the tick-up and $144.92 million flowed out of the stock on the tick-down, for a money net flow of $69.82 million into the stock. Of all stocks tracked, Caterpillar had the 17th highest net in-flow for the day. Caterpillar traded down ($0.02) for the day and closed at $141.50

A number of brokerages have issued reports on CAT. Vetr raised Caterpillar from a “strong sell” rating to a “buy” rating and set a $120.03 target price for the company in a report on Thursday, August 10th. Tigress Financial reaffirmed a “buy” rating on shares of Caterpillar in a report on Monday, September 18th. BidaskClub raised Caterpillar from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Deutsche Bank set a $149.00 target price on Caterpillar and gave the stock a “hold” rating in a report on Wednesday, October 25th. Finally, UBS raised Caterpillar from a “neutral” rating to a “buy” rating and upped their target price for the stock from $116.00 to $140.00 in a report on Monday, September 18th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and fourteen have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $133.92.

The stock has a market cap of $84,180.00, a P/E ratio of 25.50, a price-to-earnings-growth ratio of 2.14 and a beta of 1.29. The company has a current ratio of 1.44, a quick ratio of 1.04 and a debt-to-equity ratio of 1.58.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Tuesday, October 24th. The industrial products company reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.68. The company had revenue of $11.41 billion during the quarter, compared to analysts’ expectations of $10.69 billion. Caterpillar had a return on equity of 23.22% and a net margin of 2.09%. The business’s quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.85 earnings per share. equities analysts predict that Caterpillar, Inc. will post 6.4 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, November 20th. Stockholders of record on Monday, October 23rd were paid a $0.78 dividend. The ex-dividend date of this dividend was Friday, October 20th. This represents a $3.12 annualized dividend and a dividend yield of 2.20%. Caterpillar’s payout ratio is 216.67%.

In other news, insider Lange Bob De sold 1,572 shares of the stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $137.58, for a total value of $216,275.76. Following the completion of the sale, the insider now owns 11,096 shares of the company’s stock, valued at $1,526,587.68. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Bradley M. Halverson sold 17,210 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $137.33, for a total value of $2,363,449.30. Following the completion of the sale, the chief financial officer now directly owns 7,814 shares of the company’s stock, valued at approximately $1,073,096.62. The disclosure for this sale can be found here. In the last three months, insiders sold 52,989 shares of company stock valued at $7,235,850. Insiders own 0.14% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CAT. Vanguard Group Inc. grew its stake in Caterpillar by 6.1% during the second quarter. Vanguard Group Inc. now owns 41,225,175 shares of the industrial products company’s stock worth $4,430,058,000 after purchasing an additional 2,377,623 shares during the period. FMR LLC grew its stake in Caterpillar by 11.7% during the second quarter. FMR LLC now owns 19,613,661 shares of the industrial products company’s stock worth $2,107,684,000 after purchasing an additional 2,052,300 shares during the period. Renaissance Technologies LLC acquired a new stake in Caterpillar during the first quarter worth approximately $143,490,000. Jennison Associates LLC grew its stake in Caterpillar by 140.9% during the third quarter. Jennison Associates LLC now owns 2,627,319 shares of the industrial products company’s stock worth $327,653,000 after purchasing an additional 1,536,470 shares during the period. Finally, Morgan Stanley grew its stake in Caterpillar by 15.1% during the first quarter. Morgan Stanley now owns 10,398,677 shares of the industrial products company’s stock worth $964,579,000 after purchasing an additional 1,365,856 shares during the period. 68.61% of the stock is owned by institutional investors and hedge funds.

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Caterpillar Company Profile

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