GWM Advisors LLC grew its position in Caterpillar Inc. (NYSE:CAT) by 142.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,264 shares of the industrial products company’s stock after purchasing an additional 2,505 shares during the quarter. GWM Advisors LLC’s holdings in Caterpillar were worth $708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently bought and sold shares of CAT. Jennison Associates LLC boosted its position in shares of Caterpillar by 126.5% in the fourth quarter. Jennison Associates LLC now owns 5,951,370 shares of the industrial products company’s stock worth $937,817,000 after purchasing an additional 3,324,051 shares during the period. Vanguard Group Inc. boosted its position in shares of Caterpillar by 6.1% in the second quarter. Vanguard Group Inc. now owns 41,225,175 shares of the industrial products company’s stock worth $4,430,058,000 after purchasing an additional 2,377,623 shares during the period. FMR LLC boosted its position in shares of Caterpillar by 11.7% in the second quarter. FMR LLC now owns 19,613,661 shares of the industrial products company’s stock worth $2,107,684,000 after purchasing an additional 2,052,300 shares during the period. Balyasny Asset Management LLC boosted its position in shares of Caterpillar by 663.8% in the second quarter. Balyasny Asset Management LLC now owns 1,032,853 shares of the industrial products company’s stock worth $110,990,000 after purchasing an additional 1,216,053 shares during the period. Finally, Renaissance Technologies LLC boosted its position in shares of Caterpillar by 61.7% in the second quarter. Renaissance Technologies LLC now owns 2,501,100 shares of the industrial products company’s stock worth $268,768,000 after purchasing an additional 954,200 shares during the period. Institutional investors and hedge funds own 68.70% of the company’s stock.
In other news, CFO Bradley M. Halverson sold 17,210 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $137.33, for a total value of $2,363,449.30. Following the sale, the chief financial officer now owns 7,814 shares of the company’s stock, valued at $1,073,096.62. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Jananne A. Copeland sold 3,247 shares of the stock in a transaction on Friday, November 24th. The shares were sold at an average price of $136.95, for a total transaction of $444,676.65. Following the completion of the sale, the insider now directly owns 8,908 shares in the company, valued at approximately $1,219,950.60. The disclosure for this sale can be found here. Insiders have sold 118,784 shares of company stock valued at $18,776,796 in the last quarter. 0.14% of the stock is owned by company insiders.
Caterpillar Inc. (NYSE CAT) opened at $156.29 on Monday. Caterpillar Inc. has a 12-month low of $90.34 and a 12-month high of $173.24. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.97 and a current ratio of 1.35. The company has a market cap of $93,402.93, a price-to-earnings ratio of 22.72, a price-to-earnings-growth ratio of 1.67 and a beta of 1.23.
Caterpillar (NYSE:CAT) last released its quarterly earnings data on Thursday, January 25th. The industrial products company reported $2.16 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.77 by $0.39. Caterpillar had a net margin of 1.66% and a return on equity of 28.69%. The business had revenue of $12.90 billion during the quarter, compared to analyst estimates of $12.01 billion. During the same quarter last year, the business earned $0.83 earnings per share. Caterpillar’s quarterly revenue was up 34.7% compared to the same quarter last year. equities research analysts forecast that Caterpillar Inc. will post 9.05 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 20th. Shareholders of record on Monday, January 22nd will be given a dividend of $0.78 per share. The ex-dividend date of this dividend is Friday, January 19th. This represents a $3.12 annualized dividend and a yield of 2.00%. Caterpillar’s dividend payout ratio (DPR) is currently 247.62%.
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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 segments, including Construction Industries, which is engaged in supporting customers using machinery in infrastructure, forestry and building construction; Resource Industries, which is engaged in supporting customers using machinery in mining, quarry, waste and material handling applications; Energy & Transportation, which supports customers in oil and gas, power generation, marine, rail and industrial applications, including Cat machines; Financial Products segment, which provides financing and related services, and All Other operating segments, which includes activities, such as product management and development, and manufacturing of filters and fluids, undercarriage, tires and rims, ground engaging tools, fluid transfer products, and sealing and connecting components for Cat products.
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