Rathbones Group PLC Cuts Holdings in Caterpillar Inc. $CAT

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Rathbones Group PLC decreased its stake in Caterpillar Inc. by 13.3% in the fourth quarter, selling 26,402 shares and retaining 172,709 shares valued at approximately $98.94 million. This move comes as other institutional investors adjusted their positions, and insiders engaged in significant selling of company stock. Caterpillar recently exceeded quarterly earnings estimates, leading to analyst price target increases, despite some potential regulatory and supply chain risks.

CAT13.64%
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