Allegheny Financial Group Boosts Stock Position in Caterpillar Inc. $CAT

Allegheny Financial Group increased its stake in shares of Caterpillar Inc. (NYSE:CAT) by 21.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,301 shares of the industrial products company’s stock after buying an additional 1,133 shares during the quarter. Allegheny Financial Group’s holdings in Caterpillar were worth $3,007,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Caterpillar during the 2nd quarter worth $2,165,899,000. Massachusetts Financial Services Co. MA lifted its position in Caterpillar by 1,851.8% in the third 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 buying an additional 1,736,631 shares during the last quarter. Marshall Wace LLP increased its position in shares of Caterpillar by 425.2% during the second quarter. Marshall Wace LLP now owns 761,800 shares of the industrial products company’s stock valued at $295,738,000 after acquiring an additional 616,739 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Caterpillar by 20.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock valued at $1,695,757,000 after acquiring an additional 609,023 shares during the period. Finally, Voya Investment Management LLC lifted its holdings in shares of Caterpillar by 36.9% in the 3rd quarter. Voya Investment Management LLC now owns 1,777,589 shares of the industrial products company’s stock worth $848,177,000 after acquiring an additional 478,972 shares during the last quarter. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Denise C. Johnson sold 39,138 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $681.08, for a total transaction of $26,656,109.04. Following the completion of the sale, the insider owned 43,350 shares in the company, valued at $29,524,818. The trade was a 47.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Lange Bob De sold 22,656 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the completion of the transaction, the insider owned 79,953 shares in the company, valued at $57,574,954.83. This represents a 22.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 130,545 shares of company stock valued at $88,294,733 over the last quarter. Corporate insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CAT. Argus lifted their target price on shares of Caterpillar from $460.00 to $625.00 and gave the company a “buy” rating in a report on Wednesday, November 19th. Barclays boosted their price objective on Caterpillar from $610.00 to $625.00 and gave the company an “equal weight” rating in a report on Friday, January 30th. Bank of America increased their target price on Caterpillar from $735.00 to $825.00 and gave the stock a “buy” rating in a research note on Tuesday. William Blair set a $735.00 price target on shares of Caterpillar in a research note on Friday, January 30th. Finally, UBS Group reissued a “neutral” rating and issued a $677.00 price objective on shares of Caterpillar in a research note on Monday, February 2nd. Sixteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Caterpillar currently has an average rating of “Moderate Buy” and an average price target of $695.19.

Caterpillar Stock Performance

Shares of Caterpillar stock opened at $741.98 on Wednesday. The business has a 50-day simple moving average of $623.84 and a 200-day simple moving average of $534.86. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. Caterpillar Inc. has a one year low of $267.30 and a one year high of $752.00. The company has a market cap of $347.23 billion, a PE ratio of 39.43, a P/E/G ratio of 1.76 and a beta of 1.58.

Caterpillar (NYSE:CAT) last issued its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.67 by $0.49. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The firm had revenue of $19.13 billion for the quarter, compared to analysts’ expectations of $17.81 billion. During the same quarter last year, the company earned $5.14 earnings per share. The firm’s revenue was up 17.9% compared to the same quarter last year. On average, equities research analysts forecast that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be paid a $1.51 dividend. The ex-dividend date is Tuesday, January 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.8%. Caterpillar’s dividend payout ratio (DPR) is currently 32.09%.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Bank of America raised its price target on CAT from $735 to $825 and reiterated a “buy” call, adding upward analyst momentum and a near-term catalyst for investor interest. Article Title
• Positive Sentiment: Forbes reports Caterpillar is pushing deeper into AI and data services for construction — a potential shift toward higher-margin, recurring software and telematics revenue that can support higher long-term multiple. From Dirt To Data: How Caterpillar Is Reinventing Construction With AI
• Positive Sentiment: Caterpillar closed 2025 with an ~18% increase in Q4 revenue, underscoring demand resilience across construction and mining — revenue beat helps justify premium valuation while supporting earnings revisions. Caterpillar Posts 18% Rise in 4Q Revenue and Higher Tariff Costs
• Positive Sentiment: Consensus analyst coverage remains skewed positive (many Buy/Outperform ratings and recent target increases), providing a supportive narrative for holders and momentum traders. Are Wall Street Analysts Predicting Caterpillar Stock Will Climb or Sink?
• Neutral Sentiment: Macro and sector commentary (e.g., views on a potential return of inflation and pricing-power plays) could cut both ways — higher equipment pricing helps CAT, but renewed inflation raises input/capital-cost uncertainty. Inflation Is Coming Back – Here’s Where I’m Buying Pricing Power
• Neutral Sentiment: Opinion pieces questioning whether CAT has “run too far” after a big one‑year rally highlight valuation risk and investor caution; useful for gauging profit‑taking pressure but not a hard fundamental change. Has Caterpillar (CAT) Run Too Far After Surging 103% In The Past Year?
• Negative Sentiment: Material insider selling disclosed this week: Anthony Fassino sold ~6,033 shares (~$4.36M) and another senior disclosed a ~22,656‑share sale (~$16.3M). Heavy insider exits can rattle sentiment even with strong company results. Caterpillar (NYSE:CAT) Insider Sells $4,356,730.95 in Stock

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.