Hudson Capital Management LLC Has $3.95 Million Stock Holdings in Caterpillar Inc. (NYSE:CAT)

Hudson Capital Management LLC raised its stake in shares of Caterpillar Inc. (NYSE:CAT) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,895 shares of the industrial products company’s stock after purchasing an additional 66 shares during the period. Hudson Capital Management LLC’s holdings in Caterpillar were worth $3,952,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Public Sector Pension Investment Board raised its holdings in shares of Caterpillar by 52.5% in the second quarter. Public Sector Pension Investment Board now owns 17,448 shares of the industrial products company’s stock valued at $5,812,000 after buying an additional 6,008 shares during the last quarter. Evergreen Capital Management LLC raised its stake in shares of Caterpillar by 17.6% during the 2nd quarter. Evergreen Capital Management LLC now owns 3,923 shares of the industrial products company’s stock worth $1,307,000 after purchasing an additional 588 shares in the last quarter. Trinity Legacy Partners LLC raised its stake in shares of Caterpillar by 0.8% during the 2nd quarter. Trinity Legacy Partners LLC now owns 17,562 shares of the industrial products company’s stock worth $5,850,000 after purchasing an additional 134 shares in the last quarter. Abich Financial Wealth Management LLC increased its holdings in shares of Caterpillar by 21.5% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 215 shares of the industrial products company’s stock worth $72,000 after acquiring an additional 38 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Caterpillar by 39.1% during the 2nd quarter. AQR Capital Management LLC now owns 255,605 shares of the industrial products company’s stock worth $84,976,000 after acquiring an additional 71,788 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Stock Performance

NYSE:CAT opened at $397.68 on Thursday. The business has a 50 day moving average price of $379.99 and a 200-day moving average price of $368.17. Caterpillar Inc. has a fifty-two week low of $287.52 and a fifty-two week high of $418.50. The firm has a market cap of $192.00 billion, a PE ratio of 18.44, a price-to-earnings-growth ratio of 1.97 and a beta of 1.13. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.86 and a current ratio of 1.40.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $5.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.33 by ($0.16). The firm had revenue of $16.11 billion during the quarter, compared to the consensus estimate of $16.37 billion. Caterpillar had a return on equity of 59.09% and a net margin of 16.26%. Caterpillar’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter last year, the company posted $5.52 EPS. Equities research analysts predict that Caterpillar Inc. will post 21.69 earnings per share for the current year.

Caterpillar Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Tuesday, January 21st will be issued a $1.41 dividend. The ex-dividend date of this dividend is Tuesday, January 21st. This represents a $5.64 annualized dividend and a yield of 1.42%. Caterpillar’s payout ratio is 26.15%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CAT. Evercore ISI raised Caterpillar from an “underperform” rating to an “in-line” rating and set a $365.00 price objective on the stock in a report on Monday, January 13th. Truist Financial reduced their target price on Caterpillar from $471.00 to $455.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. StockNews.com lowered Caterpillar from a “buy” rating to a “hold” rating in a report on Friday, January 17th. Morgan Stanley lowered Caterpillar from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $349.00 to $332.00 in a report on Monday, October 14th. Finally, Citigroup reduced their price target on shares of Caterpillar from $460.00 to $420.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Caterpillar presently has an average rating of “Hold” and an average target price of $380.60.

Insider Buying and Selling

In other Caterpillar news, insider Cheryl H. Johnson sold 2,664 shares of Caterpillar stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $378.84, for a total value of $1,009,229.76. Following the sale, the insider now owns 12,951 shares of the company’s stock, valued at $4,906,356.84. The trade was a 17.06 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Lange Bob De sold 12,657 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $410.25, for a total value of $5,192,534.25. Following the transaction, the insider now directly owns 71,107 shares in the company, valued at approximately $29,171,646.75. This represents a 15.11 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 33,868 shares of company stock worth $13,480,389. 0.29% of the stock is owned by corporate insiders.

Caterpillar Profile

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.