RD Lewis Holdings Inc. Makes New $1.89 Million Investment in Caterpillar Inc. (NYSE:CAT)

RD Lewis Holdings Inc. bought a new stake in Caterpillar Inc. (NYSE:CAT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,204 shares of the industrial products company's stock, valued at approximately $1,894,000. Caterpillar comprises 2.2% of RD Lewis Holdings Inc.'s investment portfolio, making the stock its 13th biggest position.

A number of other large investors also recently made changes to their positions in the company. Flagship Wealth Advisors LLC acquired a new stake in shares of Caterpillar during the fourth quarter worth $26,000. Halbert Hargrove Global Advisors LLC acquired a new stake in Caterpillar in the 4th quarter worth about $27,000. Noble Wealth Management PBC bought a new stake in Caterpillar in the 4th quarter valued at about $31,000. Retirement Wealth Solutions LLC acquired a new position in shares of Caterpillar during the 4th quarter worth approximately $34,000. Finally, Whipplewood Advisors LLC acquired a new stake in shares of Caterpillar in the fourth quarter valued at approximately $36,000. Institutional investors own 70.98% of the company's stock.

Insider Activity at Caterpillar

In related news, insider Jason Kaiser sold 2,425 shares of Caterpillar stock in a transaction on Tuesday, February 18th. The shares were 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 owns 6,275 shares of the company's stock, 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Andrew R. J. Bonfield sold 10,000 shares of the company's stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $380.09, for a total transaction of $3,800,900.00. Following the sale, the chief financial officer now directly owns 45,182 shares in the company, valued at $17,173,226.38. This trade represents a 18.12 % decrease in their position. The disclosure for this sale can be found here. 0.29% of the stock is currently owned by company insiders.

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Caterpillar Trading Down 0.2 %

Caterpillar stock traded down $0.76 during trading hours on Friday, hitting $335.49. The stock had a trading volume of 6,752,336 shares, compared to its average volume of 2,448,895. The stock has a market cap of $160.34 billion, a price-to-earnings ratio of 15.20, a P/E/G ratio of 1.87 and a beta of 1.15. The company has a quick ratio of 0.89, a current ratio of 1.42 and a debt-to-equity ratio of 1.40. The business's 50 day simple moving average is $358.92 and its 200-day simple moving average is $371.98. Caterpillar Inc. has a one year low of $307.05 and a one year high of $418.50.

Caterpillar (NYSE:CAT - Get Free Report) last posted its earnings results on Thursday, January 30th. The industrial products company reported $5.14 earnings per share for the quarter, topping analysts' consensus estimates of $4.97 by $0.17. Caterpillar had a net margin of 16.65% and a return on equity of 58.18%. On average, equities analysts predict that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on CAT shares. StockNews.com lowered Caterpillar from a "buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Citigroup raised their price target on Caterpillar from $420.00 to $430.00 and gave the stock a "buy" rating in a research report on Friday, January 31st. Morgan Stanley cut their price objective on shares of Caterpillar from $330.00 to $300.00 and set an "underweight" rating for the company in a research report on Friday, January 31st. UBS Group raised shares of Caterpillar from a "sell" rating to a "neutral" rating and raised their target price for the company from $355.00 to $385.00 in a report on Monday, February 3rd. Finally, Bank of America reduced their price target on shares of Caterpillar from $452.00 to $414.00 and set a "buy" rating on the stock in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $383.80.

About Caterpillar

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.