Busey Bank Has $45.03 Million Stake in Caterpillar Inc. $CAT

Busey Bank lowered its stake in Caterpillar Inc. (NYSE:CAT) by 1.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 94,374 shares of the industrial products company’s stock after selling 921 shares during the period. Caterpillar makes up approximately 1.3% of Busey Bank’s holdings, making the stock its 18th biggest position. Busey Bank’s holdings in Caterpillar were worth $45,031,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Kilter Group LLC bought a new stake in Caterpillar during the second quarter worth approximately $27,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Caterpillar in the second quarter valued at approximately $28,000. Family Legacy Financial Solutions LLC acquired a new stake in shares of Caterpillar in the second quarter worth $32,000. RiverPark Advisors LLC bought a new stake in shares of Caterpillar during the 2nd quarter worth $32,000. Finally, Harbor Asset Planning Inc. acquired a new position in Caterpillar in the 2nd quarter valued at $34,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Insider Transactions at Caterpillar

In other Caterpillar news, insider Anthony D. Fassino sold 8,184 shares of the firm’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $570.18, for a total transaction of $4,666,353.12. Following the completion of the transaction, the insider owned 41,512 shares in the company, valued at $23,669,312.16. This trade represents a 16.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman Donald J. Umpleby III sold 17,166 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $505.29, for a total value of $8,673,808.14. Following the completion of the sale, the chairman owned 448,173 shares in the company, valued at approximately $226,457,335.17. This represents a 3.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 61,895 shares of company stock valued at $34,007,516. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Stock Performance

CAT opened at $582.25 on Friday. The stock has a market cap of $272.48 billion, a PE ratio of 29.89, a P/E/G ratio of 2.74 and a beta of 1.57. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $627.50. The stock’s 50 day simple moving average is $567.17 and its 200-day simple moving average is $475.16. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 1.34.

Caterpillar (NYSE:CAT) last posted its quarterly earnings results on Monday, November 3rd. The industrial products company reported $4.95 earnings per share for the quarter, topping analysts’ consensus estimates of $4.52 by $0.43. The firm had revenue of $17.64 billion for the quarter, compared to the consensus estimate of $16.72 billion. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. The business’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $5.17 earnings per share. Sell-side analysts forecast that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.04 dividend on an annualized basis and a yield of 1.0%. Caterpillar’s payout ratio is presently 31.01%.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Consensus analyst view is modestly bullish — CAT has a “Moderate Buy” consensus from analysts, which can underpin investor confidence and support buying interest. Caterpillar Receives Consensus Rating of Moderate Buy
• Positive Sentiment: High-profile trader endorsement — Pete Najarian included CAT among his 2026 picks, highlighting it as part of a favored group in the current “most hated” rally; such media attention can boost flows and options activity. Pete Najarian’s 2026 Picks: C, GOOGL, CAT
• Positive Sentiment: Strong long-term track record noted — a Benzinga piece highlighting 10‑year returns reminds investors of Caterpillar’s compound performance, which supports buy-and-hold sentiment among long-term shareholders. $100 Invested In Caterpillar 10 Years Ago Would Be Worth This Much Today
• Negative Sentiment: Momentum may be outpacing fundamentals — an analysis flags that CAT’s 2025 rally is largely technical and that fundamental indicators and demand trends are lagging; this raises the risk of a pullback if upcoming earnings or order trends disappoint. Caterpillar Inc. Extends 2025 Rally As Technicals Peak And Fundamentals Lag

Analysts Set New Price Targets

CAT has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Caterpillar from $650.00 to $730.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. HSBC raised Caterpillar from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $405.00 to $660.00 in a research report on Wednesday, November 5th. Evercore ISI raised their target price on Caterpillar from $476.00 to $630.00 and gave the company an “outperform” rating in a report on Monday, November 17th. Erste Group Bank upgraded Caterpillar from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Finally, Sanford C. Bernstein raised their price objective on shares of Caterpillar from $557.00 to $630.00 and gave the stock a “market perform” rating in a research note on Friday, December 19th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Caterpillar currently has a consensus rating of “Moderate Buy” and a consensus price target of $616.00.

About Caterpillar

Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company’s product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off‑highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.

In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.