Caterpillar (NYSE:CAT) has been assigned a $155.00 target price by stock analysts at UBS in a research note issued to investors on Tuesday, www.tipranks.com reports. The brokerage currently has a “buy” rating on the industrial products company’s stock. UBS’s target price suggests a potential upside of 9.54% from the stock’s previous close.

A number of other research analysts have also recently commented on the company. Vetr cut Caterpillar from a “buy” rating to a “hold” rating and set a $122.53 target price on the stock. in a research note on Monday, September 11th. Jefferies Group reissued a “hold” rating and issued a $100.00 target price on shares of Caterpillar in a research note on Tuesday, August 29th. Royal Bank Of Canada reissued a “hold” rating on shares of Caterpillar in a research note on Tuesday, August 29th. BMO Capital Markets increased their target price on Caterpillar from $130.00 to $150.00 and gave the company an “outperform” rating in a research note on Thursday, September 14th. Finally, ValuEngine raised Caterpillar from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and fourteen have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $133.92.

Caterpillar (CAT) traded down $0.02 on Tuesday, reaching $141.50. The company had a trading volume of 4,922,200 shares, compared to its average volume of 4,393,980. The company has a market capitalization of $84,195.02, a PE ratio of 25.50, a PEG ratio of 2.14 and a beta of 1.29. The company has a current ratio of 1.44, a quick ratio of 1.04 and a debt-to-equity ratio of 1.58. Caterpillar has a 1-year low of $90.34 and a 1-year high of $145.19.

Caterpillar (NYSE:CAT) last released its earnings results on Tuesday, October 24th. The industrial products company reported $1.95 EPS for the quarter, beating the Zacks’ consensus estimate of $1.27 by $0.68. The business had revenue of $11.41 billion for the quarter, compared to analysts’ expectations of $10.69 billion. Caterpillar had a return on equity of 23.22% and a net margin of 2.09%. The firm’s revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.85 earnings per share. equities research analysts predict that Caterpillar will post 6.4 EPS for the current year.

In other news, insider Thomas A. Pellette sold 24,547 shares of the stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $135.69, for a total transaction of $3,330,782.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lange Bob De sold 1,572 shares of the stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $137.58, for a total transaction of $216,275.76. Following the sale, the insider now owns 11,096 shares of the company’s stock, valued at $1,526,587.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 52,989 shares of company stock valued at $7,235,850. Company insiders own 0.14% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Baker Ellis Asset Management LLC purchased a new stake in shares of Caterpillar during the second quarter worth about $104,000. Motco boosted its holdings in shares of Caterpillar by 264.9% during the second quarter. Motco now owns 989 shares of the industrial products company’s stock worth $106,000 after purchasing an additional 718 shares during the period. Acrospire Investment Management LLC boosted its holdings in shares of Caterpillar by 900.0% during the second quarter. Acrospire Investment Management LLC now owns 1,000 shares of the industrial products company’s stock worth $107,000 after purchasing an additional 900 shares during the period. Harbour Capital Advisors LLC bought a new position in Caterpillar in the first quarter worth about $107,000. Finally, Chicago Partners Investment Group LLC raised its stake in Caterpillar by 75.6% in the second quarter. Chicago Partners Investment Group LLC now owns 1,152 shares of the industrial products company’s stock worth $118,000 after buying an additional 496 shares in the last quarter. Institutional investors own 68.61% of the company’s stock.

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Analyst Recommendations for Caterpillar (NYSE:CAT)

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