Handelsbanken Fonder AB Boosts Stake in Caterpillar Inc.
Handelsbanken Fonder AB has significantly increased its stake in Caterpillar Inc. (NYSE:CAT) by purchasing an additional 76,641 shares during the second quarter.
The institutional investor now owns approximately 205,152 shares of the industrial products company's stock, which makes up about 0.6% of Handelsbanken Fonder AB's portfolio.
Caterpillar reported a blowout quarter with earnings per share (EPS) of $8.17, topping analysts' consensus estimates by $1.95.