783 Shares in Caterpillar Inc. $CAT Bought by Mitsubishi UFJ Morgan Stanley Securities Co. Ltd.

Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. purchased a new position in Caterpillar Inc. (NYSE:CAT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 783 shares of the industrial products company’s stock, valued at approximately $449,000.

Several other large investors also recently bought and sold shares of the business. Plancorp LLC increased its position in Caterpillar by 0.5% in the fourth quarter. Plancorp LLC now owns 2,777 shares of the industrial products company’s stock worth $1,591,000 after purchasing an additional 15 shares during the last quarter. BlueStem Wealth Partners LLC increased its position in Caterpillar by 1.3% in the fourth quarter. BlueStem Wealth Partners LLC now owns 1,192 shares of the industrial products company’s stock worth $683,000 after purchasing an additional 15 shares during the last quarter. KDT Advisors LLC increased its position in Caterpillar by 2.3% in the fourth quarter. KDT Advisors LLC now owns 657 shares of the industrial products company’s stock worth $376,000 after purchasing an additional 15 shares during the last quarter. CFO4Life Group LLC increased its position in Caterpillar by 2.5% in the fourth quarter. CFO4Life Group LLC now owns 626 shares of the industrial products company’s stock worth $359,000 after purchasing an additional 15 shares during the last quarter. Finally, Sandy Cove Advisors LLC increased its position in Caterpillar by 1.2% during the fourth quarter. Sandy Cove Advisors LLC now owns 1,279 shares of the industrial products company’s stock valued at $733,000 after acquiring an additional 15 shares during the last quarter. Institutional investors own 70.98% of the company’s stock.

Analyst Ratings Changes

CAT has been the topic of a number of analyst reports. DA Davidson boosted their price objective on shares of Caterpillar from $650.00 to $845.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Williams Trading set a $825.00 price objective on shares of Caterpillar in a research report on Tuesday, March 10th. Royal Bank Of Canada boosted their price objective on shares of Caterpillar from $587.00 to $658.00 and gave the company a “sector perform” rating in a research report on Friday, January 30th. JPMorgan Chase & Co. boosted their price objective on shares of Caterpillar from $860.00 to $1,125.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Finally, Barclays boosted their price objective on shares of Caterpillar from $700.00 to $800.00 and gave the company an “equal weight” rating in a research report on Friday, May 1st. Sixteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Caterpillar currently has a consensus rating of “Moderate Buy” and an average price target of $923.14.

Insider Buying and Selling

In related news, insider Anthony D. Fassino sold 16,283 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $916.80, for a total value of $14,928,254.40. Following the completion of the sale, the insider directly owned 46,041 shares of the company’s stock, valued at $42,210,388.80. This represents a 26.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Denise C. Johnson sold 12,605 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the sale, the insider directly owned 49,825 shares of the company’s stock, valued at approximately $45,236,615.75. The trade was a 20.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 98,273 shares of company stock valued at $89,439,960 over the last quarter. 0.33% of the stock is owned by company insiders.

Caterpillar Stock Down 2.5%

NYSE:CAT opened at $887.04 on Friday. Caterpillar Inc. has a 1-year low of $339.50 and a 1-year high of $931.35. The company has a 50-day moving average of $807.51 and a 200 day moving average of $701.11. The firm has a market cap of $408.56 billion, a PE ratio of 44.15, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, topping analysts’ consensus estimates of $4.65 by $0.89. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The company had revenue of $17.42 billion during the quarter, compared to analyst estimates of $16.53 billion. During the same period in the prior year, the firm earned $4.25 earnings per share. The firm’s revenue for the quarter was up 22.2% compared to the same quarter last year. As a group, research analysts anticipate that Caterpillar Inc. will post 24.67 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Monday, April 20th were paid a $1.51 dividend. The ex-dividend date of this dividend was Monday, April 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.7%. Caterpillar’s dividend payout ratio is 30.06%.

Caterpillar Company Profile

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company’s product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off‑highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.

In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.