Private Advisor Group LLC increased its holdings in shares of Caterpillar, Inc. (NYSE:CAT) by 7.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 67,782 shares of the industrial products company’s stock after purchasing an additional 4,417 shares during the period. Private Advisor Group LLC’s holdings in Caterpillar were worth $8,596,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Baker Ellis Asset Management LLC acquired a new stake in shares of Caterpillar in the second quarter valued at approximately $104,000. Motco raised its position in shares of Caterpillar by 264.9% in the second quarter. Motco now owns 989 shares of the industrial products company’s stock valued at $106,000 after buying an additional 718 shares in the last quarter. Acrospire Investment Management LLC raised its position in shares of Caterpillar by 900.0% in the second quarter. Acrospire Investment Management LLC now owns 1,000 shares of the industrial products company’s stock valued at $107,000 after buying an additional 900 shares in the last quarter. Harbour Capital Advisors LLC acquired a new stake in shares of Caterpillar in the first quarter valued at approximately $107,000. Finally, Chicago Partners Investment Group LLC raised its position in shares of Caterpillar by 75.6% in the second quarter. Chicago Partners Investment Group LLC now owns 1,152 shares of the industrial products company’s stock valued at $118,000 after buying an additional 496 shares in the last quarter. Institutional investors own 68.53% of the company’s stock.

Shares of Caterpillar, Inc. (CAT) opened at $150.91 on Wednesday. The company has a quick ratio of 1.04, a current ratio of 1.44 and a debt-to-equity ratio of 1.58. Caterpillar, Inc. has a one year low of $90.34 and a one year high of $151.09. The firm has a market cap of $89,103.22, a price-to-earnings ratio of 26.99, a P/E/G ratio of 2.25 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 for the quarter, topping the 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 company had revenue of $11.41 billion for the quarter, compared to analysts’ expectations of $10.69 billion. During the same quarter in the previous year, the firm posted $0.85 earnings per share. Caterpillar’s revenue for the quarter was up 24.6% on a year-over-year basis. analysts forecast that Caterpillar, Inc. will post 6.44 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 20th. Investors of record on Monday, January 22nd will be paid a $0.78 dividend. The ex-dividend date is Friday, January 19th. This represents a $3.12 annualized dividend and a dividend yield of 2.07%. Caterpillar’s dividend payout ratio is 216.67%.

A number of research firms have recently weighed in on CAT. ValuEngine downgraded shares of Caterpillar from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Wells Fargo & Company set a $150.00 price target on shares of Caterpillar and gave the company a “buy” rating in a research report on Monday, October 16th. They noted that the move was a valuation call. Vetr downgraded shares of Caterpillar from a “buy” rating to a “hold” rating and set a $120.03 price target for the company. in a research report on Tuesday, August 22nd. UBS set a $155.00 price objective on shares of Caterpillar and gave the company a “buy” rating in a research report on Wednesday, October 25th. Finally, OTR Global downgraded shares of Caterpillar to a “positive” rating in a research report on Monday. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $139.14.

In other Caterpillar news, insider Lange Bob De sold 1,572 shares of the company’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $137.58, for a total transaction of $216,275.76. Following 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 Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Bradley M. Halverson sold 2,600 shares of the company’s 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 sale, the insider now directly owns 5,214 shares in the company, valued at approximately $717,811.38. The disclosure for this sale can be found here. In the last three months, insiders sold 52,989 shares of company stock worth $7,235,850. 0.14% of the stock is currently owned by insiders.

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Caterpillar Profile

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Institutional Ownership by Quarter for Caterpillar (NYSE:CAT)

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