773 Shares in Caterpillar Inc. (NYSE:CAT) Purchased by Baron Silver Stevens Financial Advisors LLC

Baron Silver Stevens Financial Advisors LLC bought a new position in shares of Caterpillar Inc. (NYSE:CAT) during the fourth quarter, Holdings Channel.com reports. The firm bought 773 shares of the industrial products company’s stock, valued at approximately $280,000.

Other institutional investors have also recently made changes to their positions in the company. Beacon Investment Advisory Services Inc. increased its stake in shares of Caterpillar by 6.8% in the 4th quarter. Beacon Investment Advisory Services Inc. now owns 22,520 shares of the industrial products company’s stock worth $8,169,000 after acquiring an additional 1,441 shares in the last quarter. MinichMacGregor Wealth Management LLC increased its stake in shares of Caterpillar by 8.2% during the fourth quarter. MinichMacGregor Wealth Management LLC now owns 1,327 shares of the industrial products company’s stock valued at $481,000 after purchasing an additional 101 shares in the last quarter. Traynor Capital Management Inc. lifted its holdings in shares of Caterpillar by 17.6% during the fourth quarter. Traynor Capital Management Inc. now owns 13,260 shares of the industrial products company’s stock valued at $4,810,000 after purchasing an additional 1,989 shares during the last quarter. Hudson Capital Management LLC grew its stake in shares of Caterpillar by 0.6% in the 4th quarter. Hudson Capital Management LLC now owns 10,895 shares of the industrial products company’s stock worth $3,952,000 after buying an additional 66 shares during the last quarter. Finally, Magnus Financial Group LLC increased its position in Caterpillar by 15.7% during the 4th quarter. Magnus Financial Group LLC now owns 3,652 shares of the industrial products company’s stock valued at $1,325,000 after buying an additional 496 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on CAT shares. UBS Group raised their price target on Caterpillar from $285.00 to $295.00 and gave the company a “sell” rating in a report on Monday, November 4th. Robert W. Baird raised their target price on shares of Caterpillar from $299.00 to $300.00 and gave the stock an “underperform” rating in a report on Thursday, October 31st. JPMorgan Chase & Co. boosted their price target on Caterpillar from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Monday, December 9th. Evercore ISI raised shares of 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. Finally, Jefferies Financial Group upped their target price on shares of Caterpillar from $455.00 to $475.00 and gave the company a “buy” rating in a report on Friday, December 6th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $380.60.

Insider Buying and Selling at Caterpillar

In other news, CAO William E. Schaupp sold 968 shares of Caterpillar stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $380.98, for a total transaction of $368,788.64. Following the completion of the sale, the chief accounting officer now owns 1,686 shares of the company’s stock, valued at approximately $642,332.28. The trade was a 36.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Cheryl H. Johnson sold 2,664 shares of Caterpillar stock in a transaction on Monday, November 4th. The shares were sold at an average price of $378.84, for a total value of $1,009,229.76. Following the sale, the insider now directly owns 12,951 shares of the company’s stock, valued at approximately $4,906,356.84. This trade represents a 17.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,868 shares of company stock valued at $13,480,389 in the last quarter. 0.29% of the stock is owned by insiders.

Caterpillar Stock Down 0.2 %

NYSE CAT opened at $397.68 on Thursday. Caterpillar Inc. has a 52 week low of $287.52 and a 52 week high of $418.50. The firm has a market capitalization of $192.00 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 1.97 and a beta of 1.13. The company has a quick ratio of 0.86, a current ratio of 1.40 and a debt-to-equity ratio of 1.33. The company has a fifty day moving average of $380.20 and a two-hundred day moving average of $368.38.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Wednesday, October 30th. The industrial products company reported $5.17 EPS for the quarter, missing the consensus estimate of $5.33 by ($0.16). The firm had revenue of $16.11 billion for the quarter, compared to the consensus estimate of $16.37 billion. Caterpillar had a net margin of 16.26% and a return on equity of 59.09%. The business’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.52 earnings per share. On average, 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 dividend of $1.41 per share. This represents a $5.64 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Tuesday, January 21st. Caterpillar’s payout ratio is currently 26.15%.

Caterpillar Company 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.