Caterpillar Inc. (NYSE:CAT) Stock Holdings Boosted by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC boosted its position in Caterpillar Inc. (NYSE:CAT) by 17.2% during the 4th quarter, HoldingsChannel reports. The firm owned 2,473 shares of the industrial products company’s stock after buying an additional 363 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Caterpillar were worth $897,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of CAT. Northeast Investment Management raised its stake in Caterpillar by 4.7% during the 4th quarter. Northeast Investment Management now owns 20,154 shares of the industrial products company’s stock valued at $7,311,000 after acquiring an additional 896 shares in the last quarter. Investment Advisory Services Inc. TX ADV lifted its holdings in Caterpillar by 5.1% in the fourth quarter. Investment Advisory Services Inc. TX ADV now owns 1,398 shares of the industrial products company’s stock worth $507,000 after purchasing an additional 68 shares during the period. Birch Hill Investment Advisors LLC increased its stake in Caterpillar by 1.9% during the 4th quarter. Birch Hill Investment Advisors LLC now owns 4,119 shares of the industrial products company’s stock valued at $1,494,000 after buying an additional 75 shares during the period. Moloney Securities Asset Management LLC lifted its stake in shares of Caterpillar by 89.6% in the 4th quarter. Moloney Securities Asset Management LLC now owns 1,365 shares of the industrial products company’s stock worth $495,000 after acquiring an additional 645 shares during the period. Finally, Pacific Wealth Strategies Group Inc. increased its stake in shares of Caterpillar by 1.1% during the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 5,899 shares of the industrial products company’s stock valued at $2,140,000 after acquiring an additional 67 shares during the period. Institutional investors own 70.98% of the company’s stock.

Insider Buying and Selling

In related news, Director Gerald Johnson acquired 100 shares of the stock in a transaction dated Wednesday, December 4th. The shares were acquired at an average price of $398.57 per share, with a total value of $39,857.00. Following the acquisition, the director now owns 2,953 shares in the company, valued at approximately $1,176,977.21. The trade was a 3.51 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Andrew R. J. Bonfield sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $380.09, for a total value of $3,800,900.00. Following the sale, the chief financial officer now directly owns 45,182 shares of the company’s stock, valued at $17,173,226.38. The trade was a 18.12 % decrease in their position. The disclosure for this sale can be found here. 0.29% of the stock is currently owned by corporate insiders.

Caterpillar Stock Down 0.4 %

CAT stock opened at $363.84 on Friday. The company has a 50 day moving average of $376.59 and a two-hundred day moving average of $371.29. The company has a quick ratio of 0.89, a current ratio of 1.42 and a debt-to-equity ratio of 1.40. Caterpillar Inc. has a 12-month low of $307.05 and a 12-month high of $418.50. The company has a market cap of $175.66 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 1.94 and a beta of 1.12.

Caterpillar (NYSE:CAT) last issued its earnings results on Thursday, January 30th. The industrial products company reported $5.14 earnings per share for the quarter, topping the consensus estimate of $4.97 by $0.17. Caterpillar had a return on equity of 58.18% and a net margin of 16.65%. On average, equities analysts anticipate that Caterpillar Inc. will post 20.05 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Tuesday, January 21st will be issued a dividend of $1.41 per share. The ex-dividend date is Tuesday, January 21st. This represents a $5.64 dividend on an annualized basis and a dividend yield of 1.55%. Caterpillar’s dividend payout ratio is currently 25.56%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on CAT shares. DA Davidson lifted their price target on Caterpillar from $350.00 to $357.00 and gave the company a “neutral” rating in a research report on Tuesday, February 4th. Robert W. Baird raised their price objective on shares of Caterpillar from $299.00 to $300.00 and gave the company an “underperform” rating in a research report on Thursday, October 31st. StockNews.com downgraded shares of Caterpillar from a “buy” rating to a “hold” rating in a report on Friday, January 17th. Morgan Stanley decreased their price target on shares of Caterpillar from $330.00 to $300.00 and set an “underweight” rating on the stock in a research report on Friday, January 31st. Finally, Jefferies Financial Group increased their price objective on Caterpillar from $455.00 to $475.00 and gave the company a “buy” rating in a research report on Friday, December 6th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $383.13.

About Caterpillar

Caterpillar Inc manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.