Latest Stocks: Trillium Asset Management LLC Has $226,000 Stake in Caterpillar Inc. (CAT)

Latest Stocks: Trillium Asset Management LLC Has $226,000 Stake in Caterpillar Inc. (CAT)

Trillium Asset Management LLC held its position in Caterpillar Inc. (NYSE:CAT) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,435 shares of the industrial products company’s stock at the end of the first quarter. Trillium Asset Management LLC’s holdings in Caterpillar were worth $226,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Integrated Wealth Counsel LLC purchased a new position in Caterpillar during the third quarter worth $194,000. California State Teachers Retirement System raised its position in Caterpillar by 0.8% in the third quarter. California State Teachers Retirement System now owns 1,227,405 shares of the industrial products company’s stock worth $108,957,000 after buying an additional 10,300 shares during the last quarter. Quadrature Capital Ltd purchased a new position in Caterpillar during the third quarter worth $7,074,000. Hartford Investment Management Co. raised its position in Caterpillar by 1.6% in the third quarter. Hartford Investment Management Co. now owns 145,145 shares of the industrial products company’s stock worth $12,885,000 after buying an additional 2,290 shares during the last quarter. Finally, Dynamic Capital Management Ltd purchased a new position in Caterpillar during the third quarter worth $2,508,000. 70.97% of the stock is currently owned by institutional investors.

Caterpillar Inc. (NYSE CAT) opened at 105.20 on Tuesday. The stock’s market cap is $61.97 billion. The company’s 50-day moving average is $101.21 and its 200 day moving average is $96.34. Caterpillar Inc. has a 52 week low of $70.53 and a 52 week high of $107.17.

Caterpillar (NYSE:CAT) last released its earnings results on Tuesday, April 25th. The industrial products company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.66. Caterpillar had a negative net margin of 0.17% and a positive return on equity of 13.44%. The company had revenue of $9.82 billion for the quarter, compared to analysts’ expectations of $9.27 billion. During the same quarter last year, the business earned $0.67 EPS. The firm’s revenue was up 3.8% compared to the same quarter last year. On average, analysts expect that Caterpillar Inc. will post $4.12 earnings per share for the current fiscal year.

A number of research analysts recently weighed in on CAT shares. Barclays PLC raised shares of Caterpillar from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $100.00 to $110.00 in a research report on Tuesday, February 7th. Vetr raised shares of Caterpillar from a “sell” rating to a “buy” rating and set a $98.27 price target on the stock in a research report on Tuesday, February 7th. Evercore ISI raised shares of Caterpillar from a “hold” rating to a “buy” rating in a research report on Friday, February 10th. Credit Suisse Group AG set a $111.00 price target on shares of Caterpillar and gave the company a “buy” rating in a research report on Saturday, February 18th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $85.00 price target on shares of Caterpillar in a research report on Friday, March 3rd. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Caterpillar has an average rating of “Hold” and an average price target of $94.65. Caterpillar Company Profile

Want to see what other hedge funds are holding CAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Caterpillar Inc. (NYSE:CAT). Receive News & Ratings for Caterpillar Inc. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Caterpillar Inc. and related companies with MarketBeat.com’s FREE daily email newsletter.

Want to see what other hedge funds are holding CAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Caterpillar Inc. (NYSE:CAT).

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