DecisionMap Wealth Management LLC Invests $293,000 in Caterpillar Inc. (NYSE:CAT)

DecisionMap Wealth Management LLC purchased a new position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 809 shares of the industrial products company's stock, valued at approximately $293,000.

Several other institutional investors have also modified their holdings of the company. IAG Wealth Partners LLC lifted its stake in Caterpillar by 374.3% in the 4th quarter. IAG Wealth Partners LLC now owns 517 shares of the industrial products company's stock valued at $188,000 after buying an additional 408 shares in the last quarter. Balboa Wealth Partners lifted its stake in Caterpillar by 27.8% in the 4th quarter. Balboa Wealth Partners now owns 1,246 shares of the industrial products company's stock valued at $452,000 after buying an additional 271 shares in the last quarter. HBK Sorce Advisory LLC lifted its stake in Caterpillar by 1.0% in the 4th quarter. HBK Sorce Advisory LLC now owns 9,316 shares of the industrial products company's stock valued at $3,379,000 after buying an additional 88 shares in the last quarter. Bowen Hanes & Co. Inc. lifted its stake in Caterpillar by 388.2% in the 4th quarter. Bowen Hanes & Co. Inc. now owns 38,779 shares of the industrial products company's stock valued at $14,067,000 after buying an additional 30,835 shares in the last quarter. Finally, Erste Asset Management GmbH lifted its stake in Caterpillar by 2.9% in the 4th quarter. Erste Asset Management GmbH now owns 106,809 shares of the industrial products company's stock valued at $38,959,000 after buying an additional 3,030 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company's stock.

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Caterpillar Stock Up 0.9 %

NYSE CAT traded up $3.02 during trading hours on Monday, hitting $342.66. The company had a trading volume of 1,683,737 shares, compared to its average volume of 2,422,404. Caterpillar Inc. has a fifty-two week low of $307.05 and a fifty-two week high of $418.50. The company has a market capitalization of $163.77 billion, a price-to-earnings ratio of 15.53, a P/E/G ratio of 1.87 and a beta of 1.15. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.42 and a quick ratio of 0.89. The firm's 50 day moving average is $360.81 and its 200 day moving average is $372.66.

Caterpillar (NYSE:CAT - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The industrial products company reported $5.14 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts anticipate that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on CAT shares. DA Davidson boosted their price target on Caterpillar from $350.00 to $357.00 and gave the company a "neutral" rating in a report on Tuesday, February 4th. Citigroup boosted their price target on Caterpillar from $420.00 to $430.00 and gave the company a "buy" rating in a report on Friday, January 31st. Evercore ISI boosted their price target on Caterpillar from $365.00 to $375.00 and gave the company an "in-line" rating in a report on Wednesday, February 19th. Wedbush upgraded Caterpillar to an "outperform" rating in a report on Monday, February 3rd. Finally, Raymond James upgraded Caterpillar from a "market perform" rating to an "outperform" rating in a report on Monday, February 3rd. Two equities 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 data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $383.80.

Insider Activity at Caterpillar

In other Caterpillar news, CFO Andrew R. J. Bonfield sold 10,000 shares of the company's stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $380.09, for a total value of $3,800,900.00. Following the completion of the transaction, the chief financial officer now directly owns 45,182 shares of the company's stock, valued at $17,173,226.38. This represents a 18.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Gerald Johnson acquired 100 shares of the firm's stock in a transaction on Tuesday, February 4th. The stock was purchased at an average cost of $365.57 per share, with a total value of $36,557.00. Following the completion of the transaction, the director now owns 3,053 shares in the company, valued at $1,116,085.21. The trade was a 3.39 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.29% of the stock is owned by 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.