Central Valley Advisors LLC Has $345,000 Stock Holdings in Caterpillar Inc. (NYSE:CAT)

Central Valley Advisors LLC increased its holdings in Caterpillar Inc. (NYSE:CAT) by 6.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 952 shares of the industrial products company’s stock after acquiring an additional 60 shares during the period. Central Valley Advisors LLC’s holdings in Caterpillar were worth $345,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Fairscale Capital LLC purchased a new stake in shares of Caterpillar in the second quarter worth approximately $36,000. Capital Performance Advisors LLP purchased a new position in Caterpillar during the third quarter valued at approximately $36,000. Kimelman & Baird LLC increased its stake in Caterpillar by 42.9% in the 3rd quarter. Kimelman & Baird LLC now owns 100 shares of the industrial products company’s stock valued at $39,000 after buying an additional 30 shares during the period. HWG Holdings LP purchased a new stake in Caterpillar in the 2nd quarter worth approximately $54,000. Finally, SOA Wealth Advisors LLC. boosted its stake in shares of Caterpillar by 47.2% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 156 shares of the industrial products company’s stock valued at $61,000 after buying an additional 50 shares during the period. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Caterpillar

In other Caterpillar news, insider Anthony D. Fassino sold 6,279 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $408.59, for a total value of $2,565,536.61. Following the sale, the insider now owns 33,565 shares of the company’s stock, valued at $13,714,323.35. The trade was a 15.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Cheryl H. Johnson sold 2,664 shares of the firm’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $378.84, for a total transaction of $1,009,229.76. Following the transaction, the insider now directly owns 12,951 shares of the company’s stock, 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 have sold 23,868 shares of company stock worth $9,679,489. 0.29% of the stock is currently owned by company insiders.

Caterpillar Trading Up 1.6 %

Shares of NYSE:CAT opened at $380.85 on Friday. Caterpillar Inc. has a 52-week low of $276.94 and a 52-week high of $418.50. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.86 and a current ratio of 1.40. The company has a market cap of $183.87 billion, a P/E ratio of 17.66, a P/E/G ratio of 1.72 and a beta of 1.13. The stock’s 50-day moving average is $380.24 and its 200-day moving average is $366.36.

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

Caterpillar Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Tuesday, January 21st will be issued a $1.41 dividend. This represents a $5.64 dividend on an annualized basis and a yield of 1.48%. The ex-dividend date of this dividend is Tuesday, January 21st. Caterpillar’s dividend payout ratio (DPR) is presently 26.15%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on CAT shares. JPMorgan Chase & Co. increased their price objective on Caterpillar from $500.00 to $515.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. UBS Group raised their price target on Caterpillar from $285.00 to $295.00 and gave the stock a “sell” rating in a research note on Monday, November 4th. Truist Financial lowered their price target on Caterpillar from $471.00 to $455.00 and set a “buy” rating for the company in a research note on Thursday. Morgan Stanley lowered shares of Caterpillar from an “equal weight” rating to an “underweight” rating and cut their price objective for the company from $349.00 to $332.00 in a research report on Monday, October 14th. Finally, Bank of America boosted their target price on shares of Caterpillar from $376.00 to $434.00 and gave the stock a “buy” rating in a research report on Monday, September 30th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $380.60.

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.