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Investors boost stakes in Caterpillar as it reports strong earnings, exceeding analyst predictions.
Investment firms like Hurley Capital and Aviva PLC have increased their stakes in Caterpillar Inc., a major construction and mining equipment manufacturer.
Caterpillar reported strong earnings of $5.14 per share for the recent quarter, beating analyst expectations.
With a market cap of $137.44 billion and a P/E ratio of 13.03, analysts forecast the company to post 19.86 EPS for the current year.
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Los inversores aumentan sus participaciones en Caterpillar a medida que reporta sólidas ganancias, superando las predicciones de los analistas.