Brown Advisory Inc. lifted its holdings in Caterpillar, Inc. (NYSE:CAT) by 2.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,870 shares of the industrial products company’s stock after purchasing an additional 1,145 shares during the period. Brown Advisory Inc.’s holdings in Caterpillar were worth $7,218,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CAT. Parallel Advisors LLC grew its stake in shares of Caterpillar by 39.0% in the 1st quarter. Parallel Advisors LLC now owns 2,132 shares of the industrial products company’s stock worth $216,000 after purchasing an additional 598 shares during the last quarter. Davidson Investment Advisors boosted its holdings in shares of Caterpillar by 3.0% in the first quarter. Davidson Investment Advisors now owns 3,400 shares of the industrial products company’s stock worth $315,000 after buying an additional 100 shares during the period. Impala Asset Management LLC boosted its holdings in shares of Caterpillar by 42.4% in the first quarter. Impala Asset Management LLC now owns 645,167 shares of the industrial products company’s stock worth $59,846,000 after buying an additional 192,230 shares during the period. Morgan Stanley boosted its holdings in shares of Caterpillar by 15.1% in the first quarter. Morgan Stanley now owns 10,398,677 shares of the industrial products company’s stock worth $964,579,000 after buying an additional 1,365,856 shares during the period. Finally, Harfst & Associates Inc. acquired a new position in shares of Caterpillar in the first quarter worth about $111,000. 68.61% of the stock is currently owned by institutional investors.

In other news, insider Jananne A. Copeland sold 3,247 shares of Caterpillar stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $136.95, for a total value of $444,676.65. Following the transaction, the insider now owns 8,908 shares of the company’s stock, valued at $1,219,950.60. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Bradley M. Halverson sold 2,600 shares of Caterpillar stock in a transaction that occurred 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 completion of the transaction, 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. Insiders sold 52,989 shares of company stock valued at $7,235,850 over the last quarter. Corporate insiders own 0.14% of the company’s stock.

Several research analysts have commented on CAT shares. BMO Capital Markets reiterated a “buy” rating and issued a $130.00 target price on shares of Caterpillar in a report on Friday, September 8th. Vetr cut shares of Caterpillar from a “buy” rating to a “hold” rating and set a $122.53 target price for the company. in a report on Monday, September 11th. Jefferies Group reiterated a “hold” rating and issued a $100.00 target price on shares of Caterpillar in a report on Tuesday, August 29th. Credit Suisse Group reiterated a “hold” rating and issued a $133.00 target price on shares of Caterpillar in a report on Friday, September 22nd. Finally, Goldman Sachs Group raised their target price on shares of Caterpillar from $143.00 to $158.00 and gave the stock a “buy” rating in a report on Monday, October 9th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and fourteen have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $139.14.

Caterpillar, Inc. (NYSE CAT) traded up $1.73 during mid-day trading on Monday, hitting $148.42. 559,216 shares of the company traded hands, compared to its average volume of 4,381,715. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.04 and a current ratio of 1.44. The firm has a market capitalization of $87,288.72, a PE ratio of 26.44, a P/E/G ratio of 2.21 and a beta of 1.29. Caterpillar, Inc. has a twelve month low of $90.34 and a twelve month high of $149.05.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Tuesday, October 24th. The industrial products company reported $1.95 EPS for the quarter, topping the consensus estimate of $1.27 by $0.68. The business had revenue of $11.41 billion during the quarter, compared to analysts’ expectations of $10.69 billion. Caterpillar had a net margin of 2.09% and a return on equity of 23.22%. The firm’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period last year, the company posted $0.85 earnings per share. analysts predict that Caterpillar, Inc. will post 6.44 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 20th. Shareholders of record on Monday, January 22nd will be paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date is Friday, January 19th. Caterpillar’s dividend payout ratio (DPR) is presently 216.67%.

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Caterpillar Company Profile

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Institutional Ownership by Quarter for Caterpillar (NYSE:CAT)

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