Investors bought shares of Caterpillar Inc. (NYSE:CAT) on weakness during trading hours on Monday. $89.60 million flowed into the stock on the tick-up and $52.03 million flowed out of the stock on the tick-down, for a money net flow of $37.57 million into the stock. Of all stocks tracked, Caterpillar had the 9th highest net in-flow for the day. Caterpillar traded down ($0.17) for the day and closed at $81.88

CAT has been the topic of several research reports. RBC Capital Markets set a $73.00 price objective on shares of Caterpillar and gave the company a “hold” rating in a research note on Wednesday, July 27th. Morgan Stanley restated a “hold” rating and set a $67.00 price target on shares of Caterpillar in a research note on Thursday, July 28th. Zacks Investment Research lowered shares of Caterpillar from a “hold” rating to a “sell” rating in a research note on Thursday, June 30th. Citigroup Inc. set a $82.00 price target on shares of Caterpillar and gave the stock a “hold” rating in a research note on Tuesday, August 16th. Finally, Vetr lowered shares of Caterpillar from a “strong-buy” rating to a “buy” rating and set a $80.77 price target on the stock. in a research note on Tuesday, May 31st. Three analysts have rated the stock with a sell rating, seventeen have given a hold rating and nine have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $72.24.

The firm has a market capitalization of $47.84 billion, a P/E ratio of 54.59 and a beta of 1.64. The company has a 50 day moving average of $82.60 and a 200 day moving average of $77.41.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $1.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.13. Caterpillar had a net margin of 2.64% and a return on equity of 12.37%. The business earned $10.34 billion during the quarter, compared to analysts’ expectations of $10.06 billion. During the same quarter in the prior year, the business posted $1.27 earnings per share. Caterpillar’s revenue was down 16.0% compared to the same quarter last year. On average, equities analysts expect that Caterpillar Inc. will post $3.50 earnings per share for the current year.

In other news, Director Dennis A. Muilenburg acquired 1,930 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The stock was acquired at an average price of $82.75 per share, with a total value of $159,707.50. Following the completion of the transaction, the director now directly owns 9,558 shares of the company’s stock, valued at approximately $790,924.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Bradley M. Halverson sold 2,841 shares of the company’s stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $82.73, for a total transaction of $235,035.93. Following the sale, the insider now directly owns 20,232 shares of the company’s stock, valued at approximately $1,673,793.36. The disclosure for this sale can be found here. Corporate insiders own 0.15% of the company’s stock.

A number of large investors have recently bought and sold shares of the company. Pittenger & Anderson Inc. boosted its stake in Caterpillar by 1.9% in the second quarter. Pittenger & Anderson Inc. now owns 1,325 shares of the company’s stock valued at $100,000 after buying an additional 25 shares in the last quarter. Kelly Lawrence W & Associates Inc. CA boosted its stake in Caterpillar by 15.4% in the first quarter. Kelly Lawrence W & Associates Inc. CA now owns 1,500 shares of the company’s stock valued at $115,000 after buying an additional 200 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its stake in Caterpillar by 266.3% in the second quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 1,513 shares of the company’s stock valued at $115,000 after buying an additional 1,100 shares in the last quarter. CapWealth Advisors LLC boosted its stake in Caterpillar by 6.3% in the second quarter. CapWealth Advisors LLC now owns 1,685 shares of the company’s stock valued at $128,000 after buying an additional 100 shares in the last quarter. Finally, Archford Capital Strategies LLC boosted its stake in Caterpillar by 1,424.3% in the second quarter. Archford Capital Strategies LLC now owns 1,692 shares of the company’s stock valued at $128,000 after buying an additional 1,581 shares in the last quarter. 69.03% of the stock is owned by institutional investors and hedge funds.

Caterpillar Company Profile

Caterpillar Inc is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company operates through its three product segments: Resource Industries, Construction Industries, and Energy & Transportation. It also provides financing and related services through its Financial Products segment.

5 Day Chart for NYSE:CAT

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