Guerra Pan Advisors LLC Has $1.61 Million Stock Position in Caterpillar Inc. (NYSE:CAT)

Guerra Pan Advisors LLC raised its position in Caterpillar Inc. (NYSE:CAT) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,447 shares of the industrial products company’s stock after acquiring an additional 156 shares during the period. Caterpillar comprises approximately 1.2% of Guerra Pan Advisors LLC’s holdings, making the stock its 28th largest holding. Guerra Pan Advisors LLC’s holdings in Caterpillar were worth $1,613,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in CAT. Mackenzie Financial Corp raised its holdings in shares of Caterpillar by 2.6% in the 2nd quarter. Mackenzie Financial Corp now owns 178,960 shares of the industrial products company’s stock worth $59,612,000 after buying an additional 4,465 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in shares of Caterpillar in the 2nd quarter worth approximately $30,636,000. Texas Capital Bank Wealth Management Services Inc raised its holdings in shares of Caterpillar by 1.8% in the 2nd quarter. Texas Capital Bank Wealth Management Services Inc now owns 25,834 shares of the industrial products company’s stock worth $8,605,000 after buying an additional 458 shares in the last quarter. Kathmere Capital Management LLC raised its holdings in shares of Caterpillar by 35.4% in the 2nd quarter. Kathmere Capital Management LLC now owns 1,301 shares of the industrial products company’s stock worth $434,000 after buying an additional 340 shares in the last quarter. Finally, Ascent Group LLC raised its holdings in shares of Caterpillar by 19.3% in the 2nd quarter. Ascent Group LLC now owns 953 shares of the industrial products company’s stock worth $317,000 after buying an additional 154 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on CAT shares. Bank of America increased their price target on Caterpillar from $376.00 to $434.00 and gave the stock a “buy” rating in a research report on Monday, September 30th. JPMorgan Chase & Co. increased their price target on Caterpillar from $500.00 to $515.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. Morgan Stanley lowered Caterpillar from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $349.00 to $332.00 in a research report on Monday, October 14th. Evercore ISI upgraded Caterpillar from an “underperform” rating to an “in-line” rating and set a $365.00 price target on the stock in a research report on Monday, January 13th. Finally, StockNews.com lowered Caterpillar from a “buy” rating to a “hold” rating in a research report on Friday, January 17th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $380.60.

Insider Buying and Selling

In other Caterpillar news, Director Gerald Johnson bought 100 shares of Caterpillar stock in a transaction on Wednesday, December 4th. The shares were purchased at an average cost of $398.57 per share, for a total transaction of $39,857.00. Following the completion of the acquisition, the director now owns 2,953 shares in the company, valued at approximately $1,176,977.21. The trade was a 3.51 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Andrew R. J. Bonfield sold 10,000 shares of Caterpillar 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 transaction, the chief financial officer now owns 45,182 shares in the company, valued at approximately $17,173,226.38. This represents a 18.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 33,868 shares of company stock valued at $13,480,389 over the last three months. Company insiders own 0.29% of the company’s stock.

Caterpillar Stock Up 0.4 %

Shares of Caterpillar stock opened at $407.95 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.40 and a debt-to-equity ratio of 1.33. Caterpillar Inc. has a 12 month low of $293.13 and a 12 month high of $418.50. The business has a fifty day simple moving average of $381.07 and a 200 day simple moving average of $369.19. The stock has a market cap of $196.96 billion, a PE ratio of 18.91, a price-to-earnings-growth ratio of 1.97 and a beta of 1.13.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Wednesday, October 30th. The industrial products company reported $5.17 EPS for the quarter, missing analysts’ consensus estimates of $5.33 by ($0.16). Caterpillar had a return on equity of 59.09% and a net margin of 16.26%. The company had revenue of $16.11 billion for the quarter, compared to analyst estimates of $16.37 billion. During the same period last year, the firm earned $5.52 earnings per share. The firm’s revenue for the quarter was down 4.2% on a year-over-year basis. Research analysts predict that Caterpillar Inc. will post 21.69 EPS for the current year.

Caterpillar Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Tuesday, January 21st will be paid a dividend of $1.41 per share. The ex-dividend date of this dividend is Tuesday, January 21st. This represents a $5.64 dividend on an annualized basis and a dividend yield of 1.38%. Caterpillar’s dividend payout ratio (DPR) is presently 26.15%.

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.