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Caterpillar reported strong earnings and increased dividend as investment firms adjusted holdings.
Several investment firms adjusted their holdings in Caterpillar Inc. during the fourth quarter.
Azimuth Capital Investment Management and Federated Hermes Inc. reduced their shares, while Texas Yale Capital Corp. and F M Investments LLC increased theirs.
Caterpillar reported strong earnings of $5.14 per share, exceeding analyst estimates, and announced a quarterly dividend of $1.41 per share, payable on May 20th.
The company, valued at $144.06 billion, manufactures construction and mining equipment, among other products.
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Caterpillar informó de fuertes ganancias y aumento de dividendos a medida que las empresas de inversión ajustaban sus tenencias.