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Caterpillar profits top expectations, lifting shares

(NYSE:CAT) by 135.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Acrospire Investment Management LLC grew its stake in Caterpillar by 900.0% during the second quarter.

Institutional investors and hedge funds have recently bought and sold shares of the company.

Caterpillar Inc. keeps raising the bar on sales and earnings expectations - and then keeps topping them. Vanguard Group Inc. now owns 38,847,552 shares of the industrial products company's stock worth $3,603,500,000 after acquiring an additional 1,342,984 shares during the period. 1,545,895 shares of the company's stock traded hands. Morgan Stanley boosted its position in Caterpillar by 15.1% during the 1st quarter. Reilly Financial Advisors LLC now owns 1,111 shares of the industrial products company's stock valued at $119,000 after acquiring an additional 535 shares in the last quarter. Finally, Primecap Management Co. In April, the Dow Jones industrial average component said it expected adjusted earnings of $5 per share at the midpoint of its revenue guidance of $42 billion to $44 billion. Corporate insiders own 0.14% of the company's stock. Caterpillar Inc. (CAT) has an operating margin of 2.20%. First Fincl Bank Sioux Falls, South Dakota-based fund reported 4,178 shares. If you are accessing this story on another site, it was illegally stolen and reposted in violation of United States & global copyright laws. Caterpillar Inc. (CAT) now has 590970 shares outstanding, which means that its market capitalization is $77.93B. Sterling Management Ltd Company reported 0.11% of its portfolio in Amgen, Inc. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share. Of the analysts who provided ratings, 7 rated the company a Hold, 1 rated it a Strong Sell, and 4 rated it a Strong Buy. The ex-dividend date of this dividend is Wednesday, January 18th. They noted that the move was a valuation call.

Among 12 analysts covering Interxion Holding NV (NYSE:INXN), 10 have Buy rating, 0 Sell and 2 Hold. The shares were sold at an average price of $93.52, for a total transaction of $88,844.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

In other news, insider Bradley M. Halverson sold 182,612 shares of the firm's stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $114.05, for a total transaction of $20,826,898.60.

Caterpillar, Inc. has a 12 month low of $80.33 and a 12 month high of $132.34. (CAT) opened at 131.68 on Tuesday. The stock has a market capitalization of $82.60 billion, a PE ratio of 780.84 and a beta of 1.25. The firm's 50-day moving average is $125.16 and its 200 day moving average is $111.17.

America's Heavy machinery company Caterpillar posted 25 percent jump in revenue in the third quarter on Tuesday, thanks to synchronized economic expansions all around the world.

The Peoria, IL-based construction and mining equipment maker reported Q3 earnings per share (EPS) of $1.95, which was $0.68 better than the Wall Street consensus estimate of $1.27.



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