Caterpillar Inc. $CAT Shares Sold by Westpac Banking Corp
Westpac Banking Corp reduced its stake in Caterpillar Inc. by 65.8% in Q2, now holding 3,000 shares worth $1,165,000. Despite this, Caterpillar's stock is performing well, with analysts giving it a "Moderate Buy" rating and a consensus target price of $600.94. The stock recently traded at $558.68, with a 12-month high of $596.21. Caterpillar's Q3 earnings exceeded expectations, with a 9.5% revenue increase year-over-year.