Keudell Morrison Wealth Management Makes New $3.43 Million Investment in Caterpillar Inc. $CAT
Keudell Morrison Wealth Management recently invested $3.43 million in Caterpillar Inc. ($CAT), acquiring 5,983 shares and making it their 29th largest holding. The investment follows Caterpillar's strong quarterly results, with EPS and revenue beating estimates, and analysts maintaining a "Moderate Buy" rating. Despite this positive outlook, insider selling by executives like Denise C. Johnson and William E. Schaupp has been noted.