Caterpillar Inc. (NYSE:CAT) Shares Bought by Mizuho Securities USA LLC

Mizuho Securities USA LLC grew its position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 45.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,759 shares of the industrial products company's stock after acquiring an additional 14,316 shares during the quarter. Mizuho Securities USA LLC's holdings in Caterpillar were worth $16,600,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. FSM Wealth Advisors LLC lifted its holdings in shares of Caterpillar by 3.8% in the fourth quarter. FSM Wealth Advisors LLC now owns 688 shares of the industrial products company's stock worth $262,000 after buying an additional 25 shares in the last quarter. Allen Capital Group LLC lifted its position in Caterpillar by 0.6% during the fourth quarter. Allen Capital Group LLC now owns 4,247 shares of the industrial products company's stock valued at $1,541,000 after purchasing an additional 26 shares during the last quarter. Wagner Wealth Management LLC increased its stake in Caterpillar by 4.0% during the fourth quarter. Wagner Wealth Management LLC now owns 668 shares of the industrial products company's stock worth $242,000 after acquiring an additional 26 shares during the last quarter. Channel Wealth LLC raised its holdings in Caterpillar by 1.9% during the 4th quarter. Channel Wealth LLC now owns 1,468 shares of the industrial products company's stock valued at $533,000 after buying an additional 27 shares during the period. Finally, Total Clarity Wealth Management Inc. grew its holdings in Caterpillar by 0.6% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 4,373 shares of the industrial products company's stock valued at $1,586,000 after purchasing an additional 27 shares during the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

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Analyst Ratings Changes

Several research analysts have issued reports on the company. Morgan Stanley dropped their target price on Caterpillar from $330.00 to $300.00 and set an "underweight" rating for the company in a research report on Friday, January 31st. Wedbush raised Caterpillar to an "outperform" rating in a research report on Monday, February 3rd. Raymond James upgraded shares of Caterpillar from a "market perform" rating to an "outperform" rating in a report on Monday, February 3rd. StockNews.com downgraded shares of Caterpillar from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Finally, UBS Group raised shares of Caterpillar from a "sell" rating to a "neutral" rating and lifted their price target for the company from $355.00 to $385.00 in a research note on Monday, February 3rd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $383.80.

Insider Transactions at Caterpillar

In other news, CFO Andrew R. J. Bonfield sold 10,000 shares of the company's stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $380.09, for a total value of $3,800,900.00. Following the sale, the chief financial officer now owns 45,182 shares in the company, valued at $17,173,226.38. This represents a 18.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 completion of the transaction, the insider now directly owns 6,275 shares of the company's stock, valued at $2,225,742.50. The trade was a 27.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.29% of the company's stock.

Caterpillar Stock Performance

Shares of NYSE:CAT traded up $1.80 on Tuesday, hitting $343.47. 542,792 shares of the company were exchanged, compared to its average volume of 2,447,507. The firm has a market capitalization of $164.15 billion, a P/E ratio of 15.56, a price-to-earnings-growth ratio of 1.87 and a beta of 1.15. 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's 50 day moving average price is $358.19 and its 200 day moving average price is $372.36. Caterpillar Inc. has a 1-year low of $307.05 and a 1-year high of $418.50.

Caterpillar (NYSE:CAT - Get Free Report) last issued its earnings results on Thursday, January 30th. The industrial products company reported $5.14 EPS for the quarter, beating analysts' consensus estimates 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 predict that Caterpillar Inc. will post 19.86 EPS for the current year.

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.