Diversified Machinery New Highs: Caterpillar Inc. (NYSE:CAT), Dover Corp (NYSE:DOV), Pall Corporation (NYSE:PLL), Rockwell Automation (NYSE:ROK)

Posted by on Apr 03, 2014

Caterpillar Inc. (NYSE:CAT) has avoided paying $2.4 billion in U.S. taxes since 2000 by shifting profits to a wholly-controlled affiliate in Switzerland, according to a report released by Sen. Carl Levin, D-Mich. Caterpillar Inc. (NYSE:CAT) shares after opening at $100.04 moved to $102.76 on last trade day and at the end of the day closed at $102.63. Company price to sales ratio in past twelve months was calculated as 1.18 and price to cash ratio as 10.76. Caterpillar Inc. (NYSE:CAT) showed a positive weekly performance of 4.94%.

Dover Corp (NYSE:DOV) only Kmart store will close in mid-July, the company said Wednesday. Dover Corp (NYSE:DOV) shares advanced 2.91% in last trading session and ended the day on $85.15. DOV return on equity ratio is recorded as 19.70% and its return on assets is 9.50%. Dover Corp (NYSE:DOV) yearly performance is 47.24%.

Credit Suisse boosted their price objective on shares of Pall Corp. (NYSE:PLL) from $94.00 to $102.00 in a research note issued on Tuesday, Analyst Ratings Network reports. The firm currently has an “outperform” rating on the stock. Credit Suisse’s target price suggests a potential upside of 16.56% from the stock’s previous close. Pall Corporation (NYSE:PLL) shares moved up 0.28% in last trading session and was closed at $91.03, while trading in range of $90.57 – $91.83. Pall Corporation (NYSE:PLL) year to date (YTD) performance is 6.99%.

Rockwell Automation (NYSE:ROK) logo Rockwell Automation (NYSE:ROK) VP Douglas M. Hagerman sold 13,500 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, April 1st. Rockwell Automation (NYSE:ROK) weekly performance is 3.22%. On last trading day company shares ended up $126.10. Rockwell Automation (NYSE:ROK) distance from 50-day simple moving average (SMA50) is 6.01%. Analysts mean target price for the company is $125.29.

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