Amalgamated Bank Reduces Stake in Caterpillar Inc. $CAT

Amalgamated Bank lowered its position in Caterpillar Inc. (NYSE:CAT) by 1.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 91,937 shares of the industrial products company’s stock after selling 1,459 shares during the period. Amalgamated Bank’s holdings in Caterpillar were worth $43,868,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FAS Wealth Partners Inc. raised its stake in Caterpillar by 2.7% during the 3rd quarter. FAS Wealth Partners Inc. now owns 15,294 shares of the industrial products company’s stock valued at $7,297,000 after purchasing an additional 408 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in Caterpillar by 1,851.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,830,414 shares of the industrial products company’s stock valued at $873,382,000 after acquiring an additional 1,736,631 shares during the last quarter. Nippon Life Global Investors Americas Inc. purchased a new stake in Caterpillar in the 3rd quarter worth $20,260,000. CFC Planning Co LLC boosted its holdings in shares of Caterpillar by 5.6% during the 3rd quarter. CFC Planning Co LLC now owns 6,315 shares of the industrial products company’s stock valued at $3,013,000 after purchasing an additional 333 shares during the last quarter. Finally, Stenger Family Office LLC lifted its position in shares of Caterpillar by 18.5% in the third quarter. Stenger Family Office LLC now owns 8,784 shares of the industrial products company’s stock worth $4,630,000 after buying an additional 1,373 shares in the last quarter. 70.98% of the stock is owned by hedge funds and other institutional investors.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Bank of America raised its price target on CAT to $708 and kept a “buy” rating — a meaningful bullish signal from a major shop that can attract flows and support the share price. MarketScreener
• Positive Sentiment: JPMorgan analyst told investors CAT shares are expected to rise, adding institutional conviction to the bullish case and potentially supporting buying interest. Caterpillar (NYSE:CAT) Stock Price Expected to Rise
• Positive Sentiment: Caterpillar announced a partnership with NVIDIA to develop foundations for autonomous systems — this accelerates higher-margin, software-enabled product opportunities (autonomy, telematics) over time. Caterpillar partners with NVIDIA
• Positive Sentiment: Bernstein highlighted CAT as a potential winner if data centers shift to on-site power generation — a new end market for power systems could boost equipment and power solutions demand. Caterpillar is potential winner if data centers move power generation on-site
• Positive Sentiment: Articles emphasizing CAT’s ~30% payout ratio argue its dividend is well-covered and likely sustainable through downturns — supportive for income-focused investors. Caterpillar’s 30% Payout Ratio Shows Why Its Dividend Can Survive the Next Recession
• Neutral Sentiment: Caterpillar set its Q4 and full-year 2025 earnings release for Jan. 29 — this is the next key event risk/opportunity that will likely drive short-term volatility. Caterpillar Inc. to Announce Fourth-Quarter and Full-Year 2025 Financial Results on January 29
• Neutral Sentiment: Zacks highlights industrial stocks that could beat earnings using its Earnings ESP screen — a potential catalyst if CAT is included, but specifics/odds are unclear. These 2 Industrial Products Stocks Could Beat Earnings
• Negative Sentiment: Caterpillar is contesting a patent complaint from Bobcat and the trade commission will investigate — pending legal/ITC outcomes create downside risk and potential remedy costs or product restrictions. Caterpillar Fights Bobcat Patent Complaint; Trade Commission to Investigate

Insider Buying and Selling at Caterpillar

In other news, CFO Andrew R. J. Bonfield sold 10,000 shares of the business’s stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $575.06, for a total value 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Lange Bob De sold 14,638 shares of the firm’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $562.36, for a total value of $8,231,825.68. Following the completion of the sale, the insider owned 80,209 shares of the company’s stock, valued at $45,106,333.24. This represents a 15.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 54,729 shares of company stock valued at $31,084,308. Corporate insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CAT shares. Truist Financial reiterated a “buy” rating and issued a $729.00 target price (up previously from $582.00) on shares of Caterpillar in a report on Thursday, October 30th. Argus upped their target price on Caterpillar from $460.00 to $625.00 and gave the stock a “buy” rating in a report on Wednesday, November 19th. Robert W. Baird raised their target price on shares of Caterpillar from $612.00 to $680.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Bank of America boosted their price objective on shares of Caterpillar from $650.00 to $708.00 and gave the company a “buy” rating in a report on Wednesday. Finally, UBS Group lifted their price objective on Caterpillar from $506.00 to $581.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $623.10.

Caterpillar Trading Down 0.0%

NYSE:CAT opened at $646.95 on Friday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.86 and a current ratio of 1.38. The stock has a market capitalization of $302.76 billion, a price-to-earnings ratio of 33.21, a PEG ratio of 2.50 and a beta of 1.57. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $655.68. The stock has a fifty day moving average price of $586.90 and a two-hundred day moving average price of $502.89.

Caterpillar (NYSE:CAT) last issued its earnings results on Monday, November 3rd. The industrial products company reported $4.95 earnings per share for the quarter, beating analysts’ consensus estimates of $4.52 by $0.43. Caterpillar had a return on equity of 47.16% and a net margin of 14.34%.The firm had revenue of $17.64 billion for the quarter, compared to analysts’ expectations of $16.72 billion. During the same quarter last year, the firm earned $5.17 earnings per share. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The company 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 dividend of $1.51 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.04 annualized dividend and a yield of 0.9%. Caterpillar’s dividend payout ratio (DPR) is currently 31.01%.

Caterpillar Company Profile

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.