Integral Investment Advisors Inc. Has $216,000 Stock Holdings in Caterpillar Inc. (NYSE:CAT)

Integral Investment Advisors Inc. cut its holdings in Caterpillar Inc. (NYSE:CAT) by 11.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 595 shares of the industrial products company’s stock after selling 74 shares during the quarter. Integral Investment Advisors Inc.’s holdings in Caterpillar were worth $216,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Fisher Funds Management LTD acquired a new position in shares of Caterpillar in the 4th quarter valued at approximately $3,640,000. Pinnacle Financial Partners Inc grew its position in shares of Caterpillar by 0.3% in the 4th quarter. Pinnacle Financial Partners Inc now owns 18,553 shares of the industrial products company’s stock valued at $7,008,000 after purchasing an additional 58 shares during the period. Capital City Trust Co. FL acquired a new position in Caterpillar during the 4th quarter worth approximately $221,000. Sigma Planning Corp boosted its position in Caterpillar by 6.1% during the 4th quarter. Sigma Planning Corp now owns 26,353 shares of the industrial products company’s stock worth $9,560,000 after acquiring an additional 1,508 shares during the last quarter. Finally, Callan Capital LLC boosted its position in Caterpillar by 16.8% during the 4th quarter. Callan Capital LLC now owns 1,982 shares of the industrial products company’s stock worth $719,000 after acquiring an additional 285 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Caterpillar

In other news, insider Jason Kaiser sold 2,425 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $354.70, for a total transaction of $860,147.50. Following the completion of the transaction, the insider now directly owns 6,275 shares in the company, valued at $2,225,742.50. This trade represents a 27.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Anthony D. Fassino sold 6,279 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $408.59, for a total value of $2,565,536.61. Following the transaction, the insider now owns 33,565 shares of the company’s stock, valued at $13,714,323.35. This trade represents a 15.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 18,704 shares of company stock worth $7,226,584. 0.29% of the stock is currently owned by insiders.

Caterpillar Stock Down 2.7 %

CAT opened at $339.84 on Friday. Caterpillar Inc. has a 1-year low of $307.05 and a 1-year high of $418.50. The stock’s fifty day simple moving average is $368.73 and its 200 day simple moving average is $372.40. The company has a current ratio of 1.42, a quick ratio of 0.89 and a debt-to-equity ratio of 1.40. The stock has a market cap of $162.42 billion, a PE ratio of 15.40, a price-to-earnings-growth ratio of 1.87 and a beta of 1.12.

Caterpillar (NYSE:CAT) last released its earnings results on Thursday, January 30th. The industrial products company reported $5.14 earnings per share (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%. As a group, research analysts expect that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Caterpillar Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Tuesday, January 21st were given a $1.41 dividend. The ex-dividend date of this dividend was Tuesday, January 21st. This represents a $5.64 annualized dividend and a yield of 1.66%. Caterpillar’s dividend payout ratio is presently 25.56%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on CAT. Truist Financial reduced their price target on Caterpillar from $455.00 to $438.00 and set a “buy” rating for the company in a research report on Monday, February 3rd. Wedbush raised Caterpillar to an “outperform” rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. reduced their price target on Caterpillar from $515.00 to $490.00 and set an “overweight” rating for the company in a research report on Friday, January 31st. Robert W. Baird upped their price target on Caterpillar from $299.00 to $300.00 and gave the stock an “underperform” rating in a research report on Thursday, October 31st. Finally, UBS Group raised Caterpillar from a “sell” rating to a “neutral” rating and upped their price target for the stock from $355.00 to $385.00 in a research report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $383.80.

Caterpillar 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.