The Firm operates through three divisions: EQT Production, EQT Gathering and EQT Transmission. The EQT Production segment includes its exploration for, and development and production of, natural gas, natural gas liquids and a limited amount of crude oil, primarily in the Appalachian Basin. Caterpillar Inc now has $75.76B valuation. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and thirteen have issued a buy rating to the company.
Upon payment of this dividend, Caterpillar will have paid higher dividends to its shareholders for 24 consecutive years and, since 2007, the company's cash dividend has more than doubled. An RSI reading above 80 indicates that a stock is overbought while anything below 20 is oversold.
TRADEMARK VIOLATION WARNING: "State of Tennessee Treasury Department Has $59.75 Million Position in Caterpillar, Inc". The firm has a market capitalization of $76.82 billion, a price-to-earnings ratio of 726.20 and a beta of 1.26. The company now has an average rating of "Hold" and a consensus price target of $116.98. Bokf Na stated it has 0.18% of its portfolio in Caterpillar Inc. (NYSE:CAT) by 14.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. (NYSE:CAT) earned "Hold" rating by Jefferies on Wednesday, July 5.
On 10/9/2017 Goldman Sachs Group, Inc. Finally, Tarbox Family Office Inc. lifted its holdings in shares of Caterpillar by 0.4% in the 2nd quarter.
In other news, insider Suzette M. Long sold 13,859 shares of the firm's stock in a transaction that occurred on Friday, August 4th. The rating was downgraded by TheStreet on Wednesday, July 29 to "Hold".
Among 4 analysts covering United States Cellular Corp (NYSE:USM), 0 have Buy rating, 1 Sell and 3 Hold. As per Friday, September 4, the company rating was downgraded by Robert W. Baird. The company has market cap of $213.20 million. The original version of this report can be accessed at https://www.dispatchtribunal.com/2017/10/12/caterpillar-inc-cat-shares-sold-by-westpac-banking-corp.html. It has outperformed by 30.83% the S&P500.
Investors sentiment increased to 0.96 in 2017 Q2. Its up 0.25, from 0.71 in 2017Q1. Of those insider trades, 18,811 shares of Caterpillar Inc. were purchased and 290,440 shares were sold.
Hedge funds have recently added to or reduced their stakes in the company. 403.41 million shares or 1.48% less from 409.46 million shares in 2017Q1 were reported. Harris Lp owns 6.77 million shares. The industrial products company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.23. Kentucky Retirement Sys Ins Tru Fund invested in 0.31% or 16,135 shares. Benedict Fin holds 0.11% of its portfolio in Caterpillar Inc. Burt Wealth holds 2,504 shares. Georgia-based Zwj Counsel has invested 0.03% in Caterpillar Inc. (NYSE:CAT) news were published by: Seekingalpha.com which released: "Caterpillar Finally Has A Tailwind" on September 20, 2017, also Seekingalpha.com with their article: "Caterpillar - Don't Be Greedy Up Here" published on October 11, 2017, Prnewswire.com published: "Caterpillar Inc.to Announce Third-Quarter 2017 Financial Results on October 24" on October 10, 2017. (CAT)'s current share price. Susquehanna Grp Ltd Liability Partnership accumulated 162,128 shares. Connecticut-based Conning has invested 0.07% in Caterpillar Inc. (NYSE:CAT). Bingham Osborn & Scarborough Lc has 2,327 shares. Rockland Trust Company invested 0.06% of its portfolio in Caterpillar Inc. (NYSE:CAT) for 11,393 shares. Natl Asset Mngmt Inc stated it has 0.4% in Citigroup Inc (NYSE:C). Caterpillar Inc. had 79 analyst reports since July 27, 2015 according to SRatingsIntel. (NYSE:CAT) earned "Sell" rating by S&P Research on Friday, October 23. The total number of shares traded in the last 90-day period is 309,251. CAT's profit will be $707.30 million for 27.30 P/E if the $1.19 EPS becomes a reality. They expect $1.19 earnings per share, up 40.00% or $0.34 from last year's $0.85 per share. EQT Corporation (EQT) has declined 18.61% since October 12, 2016 and is downtrending. It has underperformed by 10.30% the S&P500. Geode Capital Management LLC now owns 5,575,420 shares of the industrial products company's stock worth $516,423,000 after purchasing an additional 419,191 shares during the last quarter.
A number of other large investors have also recently bought and sold shares of CAT. The New York-based Jana Partners Llc has invested 6.78% in the stock.
There are 1,238 institutional holders with active positions, accounting for 415.01 million shares in total.
Ratings analysis reveals 60% of EQT Corp.'s analysts are positive. Toth Financial Advisory Corp now owns 3,915 shares of the industrial products company's stock worth $421,000 after buying an additional 10 shares during the period.
In related news, insider Bradley M. Halverson sold 182,612 shares of the stock in a transaction dated Thursday, July 27th. The firm has "Perform" rating by Oppenheimer given on Tuesday, January 5. As per Friday, August 26, the company rating was upgraded by Stifel Nicolaus.