Caterpillar Inc (NYSE:CAT) Big Money Sentiment Index Up in Q4 2017 to 1.13

May 16, 2018 - By Nellie Rakes

Caterpillar Inc. (NYSE:CAT) Corporate Logo

Caterpillar Inc’s Sentiment

“Big money sentiment for Caterpillar Inc (NYSE:CAT) in 2017 Q4 increased to 1.13, according to SEC filings. That’s up 0.03, from 2017Q3’s 1.1. 514 investment managers opened new and increased equity positions, while 456 sold and trimmed stakes in Caterpillar Inc so the sentiment increased. Funds own 402.55 million shares, up from 401.83 million shares in 2017Q3. Funds holding Caterpillar Inc in top 10 increased from 32 to 39 for an increase of 7. In total 55 funds closed positions, 401 reduced and 352 increased. Also 162 funds bought new Caterpillar Inc stakes.

Biggest Caterpillar Inc Investors

As of 2017 Q4 Peregrine Asset Advisers Inc. has 6.96% invested in Caterpillar Inc. As of 2017 Q4, 11.26 million shares of Caterpillar Inc are owned by Bill & Melinda Gates Foundation Trust. Further, Stewart West Indies Trading Co. Ltd reported 498,700 shares in Caterpillar Inc equivalent to 6.63% of its fund portfolio. Impala Asset Management Llc revealed 1.00 million shares position in Caterpillar Inc. The Missouri-based fund Community Bank Of Raymore holds 85,395 shares or 5.45% of their fund portfolio.

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives for heavy and general construction, rental, quarry, aggregate, mining, waste, material handling, gas and oil, power generation, marine, rail, and industrial markets.The firm is worth $91.96 billion. The Company’s Construction Industries segment offers backhoe, compact, track-type, small and medium wheel, knuckleboom, and skid steer loaders; small and medium track-type, and site prep tractors; mini, wheel, forestry, small, medium, and large track excavators; and motorgraders, pipelayers, telehandlers, cold planers, asphalt pavers, compactors, road reclaimers, and wheel and track skidders and feller bunchers.The P/E ratio is 122.06. The companyÂ’s Resource Industries segment provides electric rope and hydraulic shovel, landfill and soil compactor, dragline, large wheel loader, machinery component, track and rotary drill, electronics and control system, work tool, hard rock vehicle and continuous mining system, scoop and hauler, wheel tractor scraper, large track-type tractor, and wheel dozer products; longwall, highwall, and continuous miners; and mining, off-highway, and articulated trucks.

The stock increased 0.79% or $1.21 during the last trading session, touching $153.8.Caterpillar Inc. has volume of 2.69 million shares. Since May 16, 2017 CAT has risen 60.63% and is uptrending. The stock outperformed the S&P 500 by 49.08%.

On July, 24. Investors expect Caterpillar Inc. (NYSE:CAT) to report its quarterly earnings, as reported by RTT. Analysts forecast 72.48 % diference or $2.57 from the $1.49 EPS from 2017. If $2.57 is reported, CAT’s profit will be $1.54B for 14.96 P/E. After $2.82 EPS report last quarter, Wall Street now predicts -8.87 % negative EPS growth of Caterpillar Inc..

245,710 are held by Amp. The New York-based Millennium Mngmt has invested 0.32% in Caterpillar Inc. (NYSE:CAT). Wellington Shields Cap Mngmt Limited Com stated it has 0.08% in Caterpillar Inc. (NYSE:CAT). Syntal Cap Partners Lc reported 0.5% stake. Bb&T Corp holds 0.06% of its capital in Caterpillar Inc. (NYSE:CAT) for 18,897 shs. Moreover, Washington Trust has 0.05% invested in Caterpillar Inc. (NYSE:CAT) for 5,943 shs. Marshwinds Advisory accumulated 15,262 shs. Fincl Engines Advisors Limited Liability Co invested 0% in Caterpillar Inc. (NYSE:CAT). Highlander Cap Mngmt Limited Company owns 500 shs. Savant Cap Ltd Liability Com invested in 0.3% or 9,157 shs. Renaissance Gp Limited Liability invested in 11,457 shs. Reliance Trust Communication Of Delaware, Delaware-based fund reported 4,283 shs. Cape Cod Five Cents Bank & Trust holds 0.12% or 4,944 shs in its capital. Rech & Management Company reported 350 shs. Lvm Management Limited Mi holds 2,350 shs.

Caterpillar Inc. had 3 sales and 0 insider purchases since January 30, 2018. This’s net activity of $23.79 million. $84,723 worth of Caterpillar Inc. (NYSE:CAT) was sold by Long Suzette M.

Caterpillar Inc. (NYSE:CAT) Ratings Coverage

In total 21 analysts cover Caterpillar (NYSE:CAT). “Buy” rating has 14, “Sell” are 0, while 7 are “Hold”. 67% are bullish. 42 are the (NYSE:CAT)’s analyst reports since December 5, 2017 according to StockzIntelligence Inc. The stock rating was maintained by Jefferies with “Hold” on Friday, January 26. On Wednesday, January 24 the rating was maintained by Stifel Nicolaus with “Hold”. The company rating was maintained by Bank of America on Friday, January 26. On Monday, January 8 the company was upgraded by JP Morgan. On Thursday, January 18 the stock of Caterpillar Inc. (NYSE:CAT) has “Buy” rating given by Wells Fargo. On Thursday, May 3 Bank of America downgraded the shares of CAT in report to “Hold” rating. On Monday, February 12 the firm has “Buy” rating by J.P. Morgan given. On Friday, January 26 the rating was maintained by UBS with “Buy”. On Wednesday, April 25 the rating was maintained by Seaport Global with “Buy”. On Monday, May 14 Stifel Nicolaus maintained Caterpillar Inc. (NYSE:CAT) rating. Stifel Nicolaus has “Hold” rating and $17400 target.

For more Caterpillar Inc. (NYSE:CAT) news posted recently go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or 247Wallst.com. The titles are as follows: “Buy Caterpillar On The Dip” posted on May 09, 2018, “Caterpillar: As Good As It Gets” on April 30, 2018, “The Real Significance Of Caterpillar’s ‘High Watermark’ Comment” with a publish date: May 15, 2018, “Caterpillar: High-Water Mark Indeed” and the last “Why Caterpillar Blew Through Estimates, Raised Guidance” with publication date: April 24, 2018.

Caterpillar Inc. (NYSE:CAT) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.