Caterpillar, Inc. (NYSE:CAT) insider Bradley M. Halverson sold 2,600 shares of Caterpillar stock in a transaction on Monday, November 27th. The shares were sold at an average price of $137.67, for a total transaction of $357,942.00. Following the completion of the sale, the insider now directly owns 5,214 shares of the company’s stock, valued at $717,811.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Caterpillar, Inc. (NYSE CAT) traded up $0.37 during trading hours on Friday, hitting $141.52. 5,399,265 shares of the stock traded hands, compared to its average volume of 2,738,521. Caterpillar, Inc. has a one year low of $90.34 and a one year high of $142.40. The company has a current ratio of 1.44, a quick ratio of 1.04 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $83,974.88, a P/E ratio of 25.43, a PEG ratio of 2.14 and a beta of 1.29.

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

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

CAT has been the subject of several research analyst reports. BMO Capital Markets reaffirmed a “buy” rating and issued a $130.00 price target on shares of Caterpillar in a research note on Friday, September 8th. Vetr downgraded shares of Caterpillar from a “buy” rating to a “hold” rating and set a $122.53 price target for the company. in a research note on Monday, September 11th. Jefferies Group reaffirmed a “hold” rating and issued a $100.00 price target on shares of Caterpillar in a research note on Tuesday, August 29th. Credit Suisse Group reaffirmed a “hold” rating and issued a $133.00 price target on shares of Caterpillar in a research note on Friday, September 22nd. Finally, Goldman Sachs Group boosted their target price on shares of Caterpillar from $143.00 to $158.00 and gave the stock a “buy” rating in a research report on Monday, October 9th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and fourteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $133.92.

A number of hedge funds have recently modified their holdings of the business. S. R. Schill & Associates grew its position in Caterpillar by 0.3% in the 1st 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 in the last quarter. Northstar Group Inc. boosted its stake in Caterpillar by 0.3% in the second quarter. Northstar Group Inc. now owns 2,385 shares of the industrial products company’s stock valued at $256,000 after acquiring an additional 8 shares during the last quarter. Clearbridge Investments LLC boosted its stake in Caterpillar by 0.3% in the first quarter. Clearbridge Investments LLC now owns 3,635 shares of the industrial products company’s stock valued at $337,000 after acquiring an additional 10 shares during the last quarter. Toth Financial Advisory Corp boosted its stake in Caterpillar by 0.3% in the second quarter. Toth Financial Advisory Corp now owns 3,915 shares of the industrial products company’s stock valued at $421,000 after acquiring an additional 10 shares during the last quarter. Finally, Ironwood Investment Counsel LLC boosted its stake in Caterpillar by 0.3% in the second quarter. Ironwood Investment Counsel LLC now owns 3,425 shares of the industrial products company’s stock valued at $368,000 after acquiring an additional 10 shares during the last quarter. 68.61% of the stock is owned by institutional investors and hedge funds.

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Insider Buying and Selling by Quarter for Caterpillar (NYSE:CAT)

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