Personal CFO Solutions LLC Sells 770 Shares of Caterpillar Inc. (NYSE:CAT)

Personal CFO Solutions LLC trimmed its position in shares of Caterpillar Inc. (NYSE:CAT) by 54.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 645 shares of the industrial products company’s stock after selling 770 shares during the quarter. Personal CFO Solutions LLC’s holdings in Caterpillar were worth $234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Halbert Hargrove Global Advisors LLC bought a new position in Caterpillar in the 4th quarter worth $27,000. Noble Wealth Management PBC bought a new position in Caterpillar in the 4th quarter worth $31,000. Retirement Wealth Solutions LLC bought a new position in Caterpillar in the 4th quarter worth $34,000. Capital Performance Advisors LLP bought a new position in Caterpillar in the 3rd quarter worth $36,000. Finally, Albion Financial Group UT raised its holdings in Caterpillar by 334.8% in the 4th quarter. Albion Financial Group UT now owns 100 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 77 shares during the period. 70.98% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Gerald Johnson purchased 100 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was bought at an average price of $365.57 per share, for a total transaction of $36,557.00. Following the completion of the transaction, the director now owns 3,053 shares in the company, valued at approximately $1,116,085.21. The trade was a 3.39 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Jason Kaiser sold 2,425 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $354.70, for a total value of $860,147.50. Following the transaction, the insider now owns 6,275 shares of the company’s stock, valued at $2,225,742.50. This trade represents a 27.87 % decrease in their position. The disclosure for this sale can be found here. 0.29% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

CAT has been the topic of a number of recent research reports. StockNews.com cut Caterpillar from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Truist Financial decreased their price target on Caterpillar from $455.00 to $438.00 and set a “buy” rating on the stock in a report on Monday, February 3rd. Wedbush raised Caterpillar to an “outperform” rating in a report on Monday, February 3rd. Jefferies Financial Group raised their price target on Caterpillar from $455.00 to $475.00 and gave the company a “buy” rating in a report on Friday, December 6th. Finally, Raymond James raised Caterpillar from a “market perform” rating to an “outperform” rating in a report on Monday, February 3rd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $383.80.

Caterpillar Trading Down 1.5 %

Shares of Caterpillar stock opened at $344.90 on Tuesday. The firm has a market cap of $164.84 billion, a price-to-earnings ratio of 15.63, a PEG ratio of 1.87 and a beta of 1.15. The business has a 50-day moving average price of $362.75 and a 200-day moving average price of $373.00. The company has a quick ratio of 0.89, a current ratio of 1.42 and a debt-to-equity ratio of 1.40. Caterpillar Inc. has a twelve month low of $307.05 and a twelve month high of $418.50.

Caterpillar (NYSE:CAT) last released its quarterly earnings results on Thursday, January 30th. The industrial products company reported $5.14 EPS for the quarter, topping the consensus estimate of $4.97 by $0.17. Caterpillar had a return on equity of 58.18% and a net margin of 16.65%. Equities research analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

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.