Caterpillar Inc (NYSE: CAT) is -0.47% lower on its value in year-to-date trading and has touched a low of $276.94 and a high of $418.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CAT stock was last observed hovering at around $363.00 in the last trading session, with the day’s loss setting it -1.93%.
Currently trading at $361.07, the stock is -2.23% and -5.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.83 million and changing -0.53% at the moment leaves the stock 0.27% off its SMA200. CAT registered 23.55% gain for a year compared to 6-month gain of 9.92%. The firm has a 50-day simple moving average (SMA 50) of $383.4982 and a 200-day simple moving average (SMA200) of $360.1111.
The stock witnessed a -8.60% loss in the last 1 month and extending the period to 3 months gives it a -6.93%, and is -0.47% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.90% over the week and 1.99% over the month.
Caterpillar Inc (CAT) has around 113200 employees, a market worth around $174.33B and $65.66B in sales. Current P/E ratio is 16.74 and Fwd P/E is 16.40. Profit margin for the company is 16.26%. Distance from 52-week low is 30.38% and -13.72% from its 52-week high. The company has generated returns on investments over the last 12 months (23.63%).
The EPS is expected to grow by 2.83% this year
3429.0 institutions hold shares in Caterpillar Inc (CAT), with institutional investors hold 72.62% of the company’s shares. The shares outstanding are 482.80M, and float is at 481.85M with Short Float at 1.80%. Institutions hold 72.47% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 46.48 million shares valued at $15.48 billion. The investor’s holdings represent 9.4106 of the CAT Shares outstanding. As of 2024-06-30, the second largest holder is STATE STREET CORP with 36.61 million shares valued at $12.2 billion to account for 7.4133 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 36.21 million shares representing 7.332 and valued at over $12.06 billion, while CAPITAL WORLD INVESTORS holds 3.9058 of the shares totaling 19.29 million with a market value of $6.43 billion.
Caterpillar Inc (CAT) Insider Activity
The most recent transaction is an insider purchase by Johnson Gerald, the company’s Director. SEC filings show that Johnson Gerald bought 100 shares of the company’s common stock on Dec 04 ’24 at a price of $398.57 per share for a total of $39857.0. Following the purchase, the insider now owns 2953.0 shares.
Caterpillar Inc disclosed in a document filed with the SEC on Nov 29 ’24 that Fassino Anthony D. (Group President) sold a total of 6,279 shares of the company’s common stock. The trade occurred on Nov 29 ’24 and was made at $408.59 per share for $2.57 million. Following the transaction, the insider now directly holds 33565.0 shares of the CAT stock.
Still, SEC filings show that on Nov 29 ’24, Fassino Anthony D. (Officer) Proposed Sale 6,279 shares at an average price of $408.59 for $2.57 million. The insider now directly holds shares of Caterpillar Inc (CAT).
