Bronfman E.L. Rothschild L.P. boosted its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 34.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,755 shares of the industrial products company’s stock after acquiring an additional 1,463 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in Caterpillar were worth $907,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in CAT. Quadrant Capital Group LLC boosted its holdings in shares of Caterpillar by 10.6% during the second quarter. Quadrant Capital Group LLC now owns 1,339 shares of the industrial products company’s stock worth $102,000 after acquiring an additional 128 shares during the period. Acrospire Investment Management LLC boosted its holdings in shares of Caterpillar by 900.0% during the second quarter. Acrospire Investment Management LLC now owns 1,000 shares of the industrial products company’s stock worth $107,000 after acquiring an additional 900 shares during the period. Gradient Investments LLC bought a new stake in shares of Caterpillar during the fourth quarter worth approximately $113,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Caterpillar during the fourth quarter worth approximately $131,000. Finally, Massey Quick Simon & CO. LLC boosted its holdings in shares of Caterpillar by 4,240.7% during the third quarter. Massey Quick Simon & CO. LLC now owns 1,172 shares of the industrial products company’s stock worth $146,000 after acquiring an additional 1,145 shares during the period. 69.27% of the stock is currently owned by hedge funds and other institutional investors.

In other Caterpillar news, CFO Bradley M. Halverson sold 17,210 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $137.33, for a total transaction of $2,363,449.30. Following the completion of the transaction, the chief financial officer now directly owns 7,814 shares in the company, valued at $1,073,096.62. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Thomas A. Pellette sold 24,547 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $135.69, for a total transaction of $3,330,782.43. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 143,331 shares of company stock valued at $22,107,578. Company insiders own 0.14% of the company’s stock.

CAT has been the subject of a number of research analyst reports. Credit Suisse Group restated an “outperform” rating and set a $146.00 price objective (up previously from $133.00) on shares of Caterpillar in a report on Wednesday, October 18th. Vetr upgraded Caterpillar from a “sell” rating to a “hold” rating and set a $131.05 price objective for the company in a report on Thursday, October 19th. BMO Capital Markets restated a “buy” rating and set a $150.00 price objective on shares of Caterpillar in a report on Friday, October 20th. UBS Group set a $155.00 price target on Caterpillar and gave the company a “buy” rating in a research note on Wednesday, October 25th. Finally, Stifel Nicolaus boosted their price target on Caterpillar from $125.00 to $145.00 and gave the company a “hold” rating in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and eighteen have given a buy rating to the company. Caterpillar presently has a consensus rating of “Buy” and a consensus price target of $167.60.

Caterpillar Inc. (NYSE CAT) opened at $158.06 on Thursday. Caterpillar Inc. has a 1 year low of $90.34 and a 1 year high of $173.24. The company has a market cap of $91,601.94, a P/E ratio of 125.45, a price-to-earnings-growth ratio of 1.65 and a beta of 1.23. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.97 and a current ratio of 1.35.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Thursday, January 25th. The industrial products company reported $2.16 EPS for the quarter, beating the consensus estimate of $1.77 by $0.39. Caterpillar had a net margin of 1.66% and a return on equity of 28.69%. The business had revenue of $12.90 billion during the quarter, compared to the consensus estimate of $12.01 billion. During the same period in the previous year, the business earned $0.83 earnings per share. The company’s revenue was up 34.7% on a year-over-year basis. equities research analysts anticipate that Caterpillar Inc. will post 9.05 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 20th. Shareholders of record on Monday, January 22nd will be given a dividend of $0.78 per share. The ex-dividend date is Friday, January 19th. This represents a $3.12 annualized dividend and a yield of 1.97%. Caterpillar’s dividend payout ratio is currently 247.62%.

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Caterpillar Company Profile

Caterpillar Inc is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company operates through segments, including Construction Industries, which is engaged in supporting customers using machinery in infrastructure, forestry and building construction; Resource Industries, which is engaged in supporting customers using machinery in mining, quarry, waste and material handling applications; Energy & Transportation, which supports customers in oil and gas, power generation, marine, rail and industrial applications, including Cat machines; Financial Products segment, which provides financing and related services, and All Other operating segments, which includes activities, such as product management and development, and manufacturing of filters and fluids, undercarriage, tires and rims, ground engaging tools, fluid transfer products, and sealing and connecting components for Cat products.

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Institutional Ownership by Quarter for Caterpillar (NYSE:CAT)

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