180 Wealth Advisors LLC Has $1.38 Million Stake in Caterpillar Inc. (NYSE:CAT)

180 Wealth Advisors LLC increased its position in shares of Caterpillar Inc. (NYSE:CAT) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,808 shares of the industrial products company’s stock after purchasing an additional 35 shares during the period. 180 Wealth Advisors LLC’s holdings in Caterpillar were worth $1,381,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton boosted its position in shares of Caterpillar by 14.9% in the fourth quarter. Rosenberg Matthew Hamilton now owns 1,358 shares of the industrial products company’s stock valued at $493,000 after acquiring an additional 176 shares during the period. MRA Advisory Group raised its stake in Caterpillar by 2.1% in the 4th quarter. MRA Advisory Group now owns 1,534 shares of the industrial products company’s stock worth $556,000 after purchasing an additional 31 shares in the last quarter. Arbor Wealth Advisors LLC boosted its holdings in Caterpillar by 4.3% in the 4th quarter. Arbor Wealth Advisors LLC now owns 2,437 shares of the industrial products company’s stock valued at $884,000 after purchasing an additional 100 shares during the period. Cullen Investment Group LTD. grew its position in shares of Caterpillar by 0.6% during the 4th quarter. Cullen Investment Group LTD. now owns 8,763 shares of the industrial products company’s stock worth $3,179,000 after purchasing an additional 53 shares in the last quarter. Finally, Wright Investors Service Inc. increased its holdings in shares of Caterpillar by 24.5% during the fourth quarter. Wright Investors Service Inc. now owns 17,573 shares of the industrial products company’s stock worth $6,375,000 after purchasing an additional 3,454 shares during the period. 70.98% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Caterpillar

In other Caterpillar news, Director Gerald Johnson bought 100 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The stock was acquired at an average price of $398.57 per share, with a total value of $39,857.00. Following the completion of the purchase, the director now directly owns 2,953 shares of the company’s stock, valued at approximately $1,176,977.21. This trade represents a 3.51 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Cheryl H. Johnson sold 2,664 shares of the stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $378.84, for a total value of $1,009,229.76. Following the transaction, the insider now owns 12,951 shares in the company, valued at $4,906,356.84. The trade was a 17.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,868 shares of company stock valued at $9,679,489. 0.29% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

CAT has been the subject of several recent research reports. Citigroup boosted their price target on Caterpillar from $435.00 to $460.00 and gave the company a “buy” rating in a research note on Monday, December 9th. Bank of America upped their target price on Caterpillar from $376.00 to $434.00 and gave the company a “buy” rating in a research report on Monday, September 30th. StockNews.com lowered shares of Caterpillar from a “buy” rating to a “hold” rating in a report on Thursday, January 9th. JPMorgan Chase & Co. upped their price target on shares of Caterpillar from $500.00 to $515.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Finally, Evercore ISI raised shares of Caterpillar from an “underperform” rating to an “in-line” rating and set a $365.00 price objective on the stock in a research note on Monday. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Caterpillar has a consensus rating of “Hold” and an average price target of $384.33.

Caterpillar Price Performance

Shares of CAT opened at $362.82 on Tuesday. The business has a 50-day simple moving average of $381.88 and a two-hundred day simple moving average of $365.94. Caterpillar Inc. has a 12-month low of $276.94 and a 12-month high of $418.50. The company has a quick ratio of 0.86, a current ratio of 1.40 and a debt-to-equity ratio of 1.33. The stock has a market cap of $175.17 billion, a PE ratio of 16.82, a PEG ratio of 1.88 and a beta of 1.10.

Caterpillar (NYSE:CAT) last posted its earnings results on Wednesday, October 30th. The industrial products company reported $5.17 earnings per share for the quarter, missing analysts’ consensus estimates of $5.33 by ($0.16). The business had revenue of $16.11 billion for the quarter, compared to the consensus estimate of $16.37 billion. Caterpillar had a return on equity of 59.09% and a net margin of 16.26%. The company’s revenue was down 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.52 earnings per share. Analysts anticipate that Caterpillar Inc. will post 21.68 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Tuesday, January 21st will be issued a $1.41 dividend. This represents a $5.64 annualized dividend and a yield of 1.55%. The ex-dividend date is Tuesday, January 21st. Caterpillar’s payout ratio is presently 26.15%.

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.