CX Institutional Trims Stock Holdings in Caterpillar Inc. $CAT

CX Institutional lessened its position in shares of Caterpillar Inc. (NYSE:CAT) by 20.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,046 shares of the industrial products company’s stock after selling 6,874 shares during the quarter. CX Institutional’s holdings in Caterpillar were worth $12,428,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of CAT. Fisher Asset Management LLC boosted its position in Caterpillar by 2.3% in the second quarter. Fisher Asset Management LLC now owns 9,418,321 shares of the industrial products company’s stock valued at $3,656,286,000 after buying an additional 208,196 shares during the last quarter. Valeo Financial Advisors LLC boosted its holdings in shares of Caterpillar by 36,842.1% in the 2nd quarter. Valeo Financial Advisors LLC now owns 7,299,751 shares of the industrial products company’s stock valued at $2,833,836,000 after acquiring an additional 7,279,991 shares during the last quarter. Norges Bank acquired a new stake in shares of Caterpillar in the second quarter worth $2,165,899,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Caterpillar by 6.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,204,445 shares of the industrial products company’s stock worth $1,386,626,000 after purchasing an additional 264,054 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Caterpillar by 1.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 3,337,915 shares of the industrial products company’s stock valued at $1,295,432,000 after purchasing an additional 33,467 shares during the period. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Leadership continuity: CEO Joe Creed was elected Executive Chairman, succeeding D. James Umpleby III (retiring April 1) — a planned succession that reduces governance uncertainty and signals management stability. Caterpillar Chief Executive Officer Joe Creed Elected Chairman of the Board
• Positive Sentiment: Product/technology catalyst: Caterpillar unveiled its Cat AI Assistant at CES to streamline buying, maintenance and operations — a visible push into industrial AI/autonomy that supports aftermarket services and recurring-revenue opportunities. Caterpillar Introduces Cat AI Assistant
• Positive Sentiment: AI/data‑center demand: Coverage highlights Caterpillar’s pivot into power‑generation for AI data centers and growing Energy & Transportation backlogs — a meaningful revenue driver that underpins recent multiple expansion. Caterpillar’s AI Data Center Engine Bet Could Be A Game Changer For Caterpillar (CAT)
• Neutral Sentiment: Options flow: Unusual call buying was reported (call volume well above average), which can indicate bullish positioning or short-term speculation; useful as a sentiment read but not definitive for fundamentals.
• Neutral Sentiment: Analyst interest: Several firms have raised targets and reiterated buy/outperform views (MarketBeat roundups show elevated price targets), providing reference points for upside but also reflecting consensus expectations. Caterpillar Stock Could Top $650 by Year’s End
• Negative Sentiment: Valuation/near‑term caution: Some analysts and commentaries argue much of the AI/data‑center story is already priced in and recommend trimming or a Hold given consolidation risk after a large run. Caterpillar Roars On AI Power Demand, But Easy Money Has Been Made (Downgrade)
• Negative Sentiment: Insider selling: CFO Andrew Bonfield sold 10,000 shares (filed with the SEC), an action that may be read as profit‑taking amid the rally. Caterpillar (NYSE:CAT) CFO Andrew Bonfield Sells 10,000 Shares
• Negative Sentiment: Institutional trimming: Reports show at least one large manager modestly reduced its position, a common post‑rally rebalancing signal that can add selling pressure. Asset Management One Co. Ltd. Reduces Position in Caterpillar Inc. $CAT

Caterpillar Trading Up 1.2%

Shares of CAT stock opened at $623.27 on Wednesday. Caterpillar Inc. has a 1-year low of $267.30 and a 1-year high of $627.50. The company has a market cap of $291.68 billion, a price-to-earnings ratio of 32.00, a PEG ratio of 2.43 and a beta of 1.57. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.38 and a quick ratio of 0.86. The stock has a 50 day simple moving average of $577.79 and a 200-day simple moving average of $489.78.

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

Caterpillar Dividend Announcement

The business also recently declared 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 dividend payout ratio (DPR) is currently 31.01%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Sanford C. Bernstein lifted their price objective on Caterpillar from $557.00 to $630.00 and gave the company a “market perform” rating in a research note on Friday, December 19th. Truist Financial reiterated a “buy” rating and set a $729.00 price target (up from $582.00) on shares of Caterpillar in a research report on Thursday, October 30th. Jefferies Financial Group upped their price objective on Caterpillar from $570.00 to $700.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. DA Davidson raised their price objective on shares of Caterpillar from $408.00 to $569.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Finally, Hsbc Global Res upgraded shares of Caterpillar from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $618.70.

Insider Buying and Selling

In related news, CFO Andrew R. J. Bonfield sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $575.06, for a total transaction of $5,750,600.00. Following the completion of the sale, the chief financial officer directly owned 45,460 shares in the company, valued at approximately $26,142,227.60. The trade was a 18.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jason Kaiser sold 10,707 shares of the stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $563.60, for a total value of $6,034,465.20. Following the completion of the transaction, the insider directly owned 8,649 shares of the company’s stock, valued at approximately $4,874,576.40. This represents a 55.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 71,895 shares of company stock worth $39,758,116 in the last quarter. 0.33% of the stock is owned by insiders.

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.