Caterpillar Inc. (NYSE:CAT) Stock Holdings Lifted by Kiley Juergens Wealth Management LLC

Kiley Juergens Wealth Management LLC raised its position in Caterpillar Inc. (NYSE:CAT) by 0.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,962 shares of the industrial products company’s stock after purchasing an additional 36 shares during the quarter. Caterpillar makes up approximately 1.9% of Kiley Juergens Wealth Management LLC’s holdings, making the stock its 15th biggest position. Kiley Juergens Wealth Management LLC’s holdings in Caterpillar were worth $5,606,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Atlas Capital Advisors LLC lifted its position in shares of Caterpillar by 272.4% in the first quarter. Atlas Capital Advisors LLC now owns 108 shares of the industrial products company’s stock worth $25,000 after buying an additional 79 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of Caterpillar by 730.8% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 108 shares of the industrial products company’s stock worth $25,000 after buying an additional 95 shares during the last quarter. Gilfoyle & Co LLC acquired a new stake in shares of Caterpillar in the fourth quarter worth about $30,000. A.P. Gilfoyle & Co. L.P. acquired a new stake in shares of Caterpillar in the fourth quarter worth about $30,000. Finally, First Capital Advisors Group LLC. acquired a new position in shares of Caterpillar during the 2nd quarter worth about $30,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on CAT shares. Wells Fargo & Company boosted their price objective on Caterpillar from $290.00 to $325.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 6th. Robert W. Baird boosted their price objective on Caterpillar from $210.00 to $257.00 and gave the stock an “underperform” rating in a research report on Tuesday, February 6th. JPMorgan Chase & Co. boosted their price objective on Caterpillar from $385.00 to $435.00 and gave the stock an “overweight” rating in a research report on Tuesday. StockNews.com cut Caterpillar from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 20th. Finally, Truist Financial began coverage on Caterpillar in a report on Thursday, March 14th. They issued a “buy” rating and a $390.00 price target for the company. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $307.56.

Caterpillar Price Performance

NYSE CAT traded down $4.26 during trading hours on Tuesday, reaching $359.65. 2,513,939 shares of the company’s stock were exchanged, compared to its average volume of 2,436,917. The stock has a market cap of $179.61 billion, a PE ratio of 17.86, a price-to-earnings-growth ratio of 1.63 and a beta of 1.17. Caterpillar Inc. has a one year low of $204.04 and a one year high of $382.01. The firm has a fifty day moving average of $343.80 and a 200-day moving average of $295.74. The company has a current ratio of 1.35, a quick ratio of 0.87 and a debt-to-equity ratio of 1.25.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Monday, February 5th. The industrial products company reported $5.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.76 by $0.47. Caterpillar had a return on equity of 56.99% and a net margin of 15.41%. The firm had revenue of $17.07 billion for the quarter, compared to the consensus estimate of $17.06 billion. During the same quarter in the prior year, the business earned $3.86 EPS. The business’s revenue for the quarter was up 2.8% compared to the same quarter last year. On average, equities research analysts predict that Caterpillar Inc. will post 21.33 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 20th. Stockholders of record on Monday, April 22nd will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date of this dividend is Friday, April 19th. Caterpillar’s dividend payout ratio (DPR) is currently 25.82%.

Insider Activity

In other news, insider Anthony D. Fassino sold 4,575 shares of the stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $329.80, for a total value of $1,508,835.00. Following the transaction, the insider now owns 23,474 shares of the company’s stock, valued at approximately $7,741,725.20. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, insider Lange Bob De sold 21,194 shares of the firm’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $325.52, for a total transaction of $6,899,070.88. Following the sale, the insider now owns 61,092 shares of the company’s stock, valued at approximately $19,886,667.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Anthony D. Fassino sold 4,575 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $329.80, for a total value of $1,508,835.00. Following the sale, the insider now directly owns 23,474 shares in the company, valued at approximately $7,741,725.20. The disclosure for this sale can be found here. Insiders have sold a total of 45,769 shares of company stock valued at $14,509,306 in the last 90 days. 0.33% of the stock is owned by company insiders.

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.