雷蒙德詹姆斯和其他機構投資者增強了卡特彼勒的看漲情緒

Raymond James Financial Services Advisors Inc.第四季增持卡特彼勒（NYSE：CAT）3.0%，額外增持 9,419 股。這使得該機構投資者的總持股量達到 325,990 股，截至最新向 SEC 提交的文件的市值約為 96,385,000 美元。

Raymond James and Other Institutional Investors Bullish on Caterpillar

雷蒙德詹姆斯和其他機構投資者看好卡特彼勒

In a recent disclosure to the Securities & Exchange Commission (SEC), Raymond James Financial Services Advisors Inc. revealed a significant 3.0% increase in its holdings of Caterpillar Inc. (NYSE: CAT) during the fourth quarter. The institutional investor now owns 325,990 shares of the industrial products giant, having acquired an additional 9,419 shares during the period. This move indicates growing confidence in Caterpillar's long-term prospects among institutional investors.

在最近向美國證券交易委員會(SEC) 披露的一份報告中，Raymond James Financial Services Advisors Inc. 透露，第四季度其持有的Caterpillar Inc.（NYSE：CAT）大幅增加了3.0% 。該機構投資者目前擁有這家工業產品巨頭的 325,990 股股票，在此期間還額外購買了 9,419 股股票。此舉顯示機構投資者對卡特彼勒長期前景的信心不斷增強。

Raymond James is not alone in its bullish stance on CAT. Several other hedge funds have also been accumulating shares in the company. BCK Partners Inc. established a new position in Caterpillar during the first quarter, valued at $2,580,000. Sei Investments Co., already a shareholder, increased its stake by 17.3% during the same period, now holding 65,643 shares worth $14,634,000. Dakota Wealth Management also made a noteworthy purchase, acquiring shares valued at approximately $405,000 in the first quarter.

Raymond James 並不是唯一一個看好 CAT 的人。其他幾家對沖基金也一直在增持該公司的股票。 BCK Partners Inc. 第一季在 Caterpillar 設立了一個新職位，價值 2,580,000 美元。已經是股東的 Sei Investments Co. 同期增持了 17.3% 的股份，目前持有 65,643 股，價值 14,634,000 美元。 Dakota Wealth Management 也進行了值得注意的收購，第一季收購了價值約 40.5 萬美元的股票。

Mather Group LLC and NewEdge Advisors LLC have also been adding to their Caterpillar holdings. Mather Group increased its stake by 6.8%, now owning 2,592 shares valued at $577,000. NewEdge Advisors, meanwhile, boosted its holdings by 4.4%, bringing its total to 49,705 shares, valued at $11,075,000.

Mather Group LLC 和 NewEdge Advisors LLC 也一直在增持卡特彼勒股份。 Mather Group 增持 6.8%，目前持有 2,592 股，價值 577,000 美元。同時，NewEdge Advisors 增持了 4.4%，使其總股數達到 49,705 股，價值 11,075,000 美元。

Impressive Financial Performance Drives Confidence

令人印象深刻的財務表現增強信心

These institutional investments align with Caterpillar's recent strong financial performance. In its latest quarterly earnings report, released on February 5th, the company surpassed analyst expectations, reporting earnings per share (EPS) of $5.23, $0.47 higher than the consensus estimate of $4.76. Revenue also exceeded expectations, reaching $17.07 billion compared to the projected $17.06 billion.

這些機構投資與卡特彼勒近期強勁的財務表現相符。在2月5日發布的最新季度收益報告中，該公司超出了分析師的預期，每股盈餘（EPS）為5.23美元，比市場普遍預期的4.76美元高出0.47美元。營收也超出預期，達到 170.7 億美元，而預期為 170.6 億美元。

Caterpillar's return on equity stood at an impressive 56.99%, and its net margin was a robust 15.41%. The company's revenue growth of 2.8% compared to the same quarter last year further underscores its resilience amidst global economic uncertainties.

卡特彼勒的股本回報率高達 56.99%，淨利率高達 15.41%。該公司的營收較去年同期成長2.8%，進一步凸顯了其在全球經濟不確定性下的韌性。

Analysts Maintain Optimistic Outlook

分析師維持樂觀前景

Analysts have maintained a generally positive outlook on Caterpillar. Morgan Stanley initiated coverage on the stock in January, assigning an "equal weight" rating and a $270.00 price target. Truist Financial, which started covering the stock in March, set a "buy" rating and a $390.00 price target.

分析師對卡特彼勒的前景整體保持樂觀。摩根士丹利 (Morgan Stanley) 於 1 月開始對該股進行評級，給予「同等權重」評級和 270.00 美元的目標價。 Truist Financial 從 3 月開始關注該股，並設定了「買入」評級和 390.00 美元的目標價。

Robert W. Baird raised its price target from $210.00 to $257.00 while maintaining an "underperform" rating. Despite this cautious outlook, the overall sentiment among analysts remains upbeat, with nine rating the stock as a "buy."

Robert W. Baird 將目標股價從 210.00 美元上調至 257.00 美元，同時維持「跑輸大盤」評級。儘管前景謹慎，但分析師的整體情緒仍然樂觀，九位分析師將該股評為「買入」。

Insider Transactions and Institutional Ownership

內線交易和機構所有權

Insider transactions also provide insights into the company's prospects. In February, insider Anthony D. Fassino sold 4,575 shares, while CFO Andrew R. J. Bonfield sold 10,000 shares. However, it's important to note that insider transactions can be influenced by various factors and should not be interpreted as a definitive indicator of the company's health.

內線交易也提供了對公司前景的洞察。 2 月份，內部人士 Anthony D. Fassino 出售了 4,575 股，而財務長 Andrew R. J. Bonfield 則出售了 10,000 股。然而，值得注意的是，內線交易可能受到各種因素的影響，不應被解釋為公司健康狀況的明確指標。

As of the most recent SEC filing, institutional investors owned a significant 70.98% of Caterpillar's outstanding shares, highlighting the institutional support behind the company.

截至最近向 SEC 提交的文件，機構投資者持有卡特彼勒 70.98% 的流通股，凸顯了該公司背後的機構支持。

Conclusion

結論

The surge in institutional investments in Caterpillar, combined with the company's impressive financial performance and positive analyst outlook, suggests that the stock remains an attractive investment opportunity. While short-term market fluctuations may occur, the long-term growth prospects for Caterpillar appear promising, making it a worthwhile consideration for investors seeking exposure to the industrial sector.

卡特彼勒的機構投資激增，加上該公司令人印象深刻的財務表現和積極的分析師前景，表明該股票仍然是一個有吸引力的投資機會。儘管短期市場波動可能會發生，但卡特彼勒的長期成長前景似乎充滿希望，這使其成為尋求投資工業領域的投資者值得考慮的對象。