Rothschild Investment LLC Has $8.62 Million Position in Caterpillar Inc. (NYSE:CAT)

Rothschild Investment LLC boosted its position in shares of Caterpillar Inc. (NYSE:CAT - Free Report) by 180.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,137 shares of the industrial products company's stock after purchasing an additional 16,832 shares during the quarter. Rothschild Investment LLC's holdings in Caterpillar were worth $8,620,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Flagship Wealth Advisors LLC acquired a new position in shares of Caterpillar in the fourth quarter valued at approximately $26,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Caterpillar in the fourth quarter worth $27,000. Cyrus J. Lawrence LLC bought a new stake in shares of Caterpillar in the fourth quarter worth $27,000. Noble Wealth Management PBC bought a new stake in shares of Caterpillar in the fourth quarter worth $31,000. Finally, Investment Management Corp VA ADV bought a new stake in shares of Caterpillar in the fourth quarter worth $33,000. Institutional investors and hedge funds own 70.98% of the company's stock.

Insiders Place Their Bets

In other news, Director David Maclennan acquired 375 shares of Caterpillar stock in a transaction on Wednesday, May 7th. The shares were purchased at an average cost of $320.70 per share, for a total transaction of $120,262.50. Following the completion of the purchase, the director now directly owns 6,653 shares of the company's stock, valued at approximately $2,133,617.10. This represents a 5.97% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.33% of the company's stock.

Caterpillar Stock Performance

Shares of CAT stock traded down $3.31 on Monday, hitting $344.72. The company's stock had a trading volume of 2,552,627 shares, compared to its average volume of 2,617,551. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.89 and a current ratio of 1.42. The stock's 50 day moving average is $319.22 and its 200-day moving average is $350.64. Caterpillar Inc. has a fifty-two week low of $267.30 and a fifty-two week high of $418.50. The company has a market capitalization of $162.38 billion, a PE ratio of 15.62, a PEG ratio of 1.87 and a beta of 1.35.

Caterpillar (NYSE:CAT - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The industrial products company reported $4.25 EPS for the quarter, missing the consensus estimate of $4.35 by ($0.10). Caterpillar had a net margin of 16.65% and a return on equity of 58.18%. The business had revenue of $14.25 billion during the quarter, compared to analyst estimates of $14.64 billion. During the same quarter last year, the company posted $5.60 earnings per share. The company's revenue was down 9.8% on a year-over-year basis. Equities research analysts expect that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 20th. Shareholders of record on Monday, April 21st were paid a dividend of $1.41 per share. The ex-dividend date of this dividend was Monday, April 21st. This represents a $5.64 dividend on an annualized basis and a yield of 1.64%. Caterpillar's payout ratio is 27.49%.

Analysts Set New Price Targets

CAT has been the topic of several analyst reports. DA Davidson upped their price target on shares of Caterpillar from $325.00 to $331.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. Wedbush raised shares of Caterpillar to an "outperform" rating in a research report on Monday, February 3rd. Citigroup upped their price target on shares of Caterpillar from $320.00 to $370.00 and gave the stock a "buy" rating in a research report on Monday, May 5th. Bank of America upped their price target on shares of Caterpillar from $335.00 to $385.00 and gave the stock a "buy" rating in a research report on Friday. Finally, JPMorgan Chase & Co. dropped their price target on shares of Caterpillar from $490.00 to $380.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Six equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Caterpillar has a consensus rating of "Moderate Buy" and an average price target of $372.92.

Caterpillar Company 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.