Caterpillar Inc. $CAT Stock Holdings Reduced by Jericho Financial LLP

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Jericho Financial LLP has reduced its stake in Caterpillar Inc. (NYSE:CAT) by 16.4%, now holding 11,125 shares valued at $6.37 million. Despite this, Caterpillar recently exceeded quarterly earnings expectations with an EPS of $5.16 and revenue of $19.13 billion, leading to a “Moderate Buy” consensus rating from analysts with an average price target of $737.55. Other institutional investors, however, significantly increased their holdings in Caterpillar during the third quarter.

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