Caisse Des Depots ET Consignations Purchases New Position in Caterpillar Inc. $CAT

Caisse Des Depots ET Consignations acquired a new position in Caterpillar Inc. (NYSE:CAT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 5,348 shares of the industrial products company’s stock, valued at approximately $2,552,000.

A number of other large investors have also recently made changes to their positions in the business. Pacific Point Advisors LLC bought a new position in Caterpillar in the 4th quarter worth $579,000. Brighton Jones LLC raised its stake in Caterpillar by 51.5% in the fourth quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock worth $2,688,000 after buying an additional 2,519 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Caterpillar by 3.3% in the second quarter. Allspring Global Investments Holdings LLC now owns 137,777 shares of the industrial products company’s stock worth $53,860,000 after buying an additional 4,380 shares during the period. RFG Advisory LLC boosted its position in Caterpillar by 16.6% during the 2nd quarter. RFG Advisory LLC now owns 8,004 shares of the industrial products company’s stock valued at $3,107,000 after acquiring an additional 1,141 shares in the last quarter. Finally, Courier Capital LLC grew its holdings in shares of Caterpillar by 3.0% during the 2nd quarter. Courier Capital LLC now owns 4,391 shares of the industrial products company’s stock worth $1,705,000 after acquiring an additional 129 shares during the period. 70.98% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on CAT. Barclays raised their target price on Caterpillar from $610.00 to $625.00 and gave the company an “equal weight” rating in a research note on Friday, January 30th. Royal Bank Of Canada boosted their target price on shares of Caterpillar from $587.00 to $658.00 and gave the company a “sector perform” rating in a report on Friday, January 30th. JPMorgan Chase & Co. increased their price target on shares of Caterpillar from $740.00 to $765.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Wall Street Zen raised shares of Caterpillar from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, Morgan Stanley upped their price objective on shares of Caterpillar from $400.00 to $425.00 and gave the stock an “underweight” rating in a report on Tuesday, February 3rd. Sixteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $702.95.

Caterpillar Stock Performance

Shares of CAT stock opened at $774.01 on Thursday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. The company has a market capitalization of $362.22 billion, a price-to-earnings ratio of 41.13, a price-to-earnings-growth ratio of 1.76 and a beta of 1.58. Caterpillar Inc. has a one year low of $267.30 and a one year high of $775.54. The company’s 50-day moving average is $627.47 and its 200 day moving average is $536.53.

Caterpillar (NYSE:CAT) last issued its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.67 by $0.49. The firm had revenue of $19.13 billion for the quarter, compared to the consensus estimate of $17.81 billion. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The business’s revenue was up 17.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.14 earnings per share. Sell-side analysts expect 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. Stockholders 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 annualized dividend and a dividend yield of 0.8%. Caterpillar’s payout ratio is currently 32.09%.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Argus raised its price target on CAT to $820 and reiterated a buy rating, signaling stronger earnings/valuation expectations that support further upside. Read More.
• Positive Sentiment: Bank of America increased its price target to $825 and kept a buy rating — another major house lifting its fair value estimate, which helps drive demand from institutional investors. Read More.
• Positive Sentiment: Multiple feature pieces position Caterpillar as an unexpected beneficiary of the AI and data-center boom (and as a leader in digitizing construction), reinforcing a long-term growth narrative beyond traditional equipment sales. Read More.
• Positive Sentiment: Deep-dive coverage on Caterpillar’s AI-driven construction platforms and services underscores higher-margin recurring revenue opportunities and product differentiation. Read More.
• Positive Sentiment: Recent results and reporting show revenue strength (2025 Q4 revenue +18%), supporting the bullish analyst revisions and valuation expansion. Read More.
• Neutral Sentiment: Caterpillar’s CFO Andrew Bonfield will participate in a Barclays fireside chat next week — an investor-relations event that could provide incremental guidance color but is not a major catalyst by itself. Read More.
• Neutral Sentiment: Coverage highlighting India’s infrastructure boom lists CAT among firms well-positioned to benefit from global infrastructure spending — supportive longer-term tailwind but execution dependent. Read More.
• Neutral Sentiment: Smaller institutional moves: Allegheny Financial Group modestly increased its stake; large funds continue to hold meaningful positions — signals of steady institutional interest but not a near-term price driver. Read More.
• Negative Sentiment: Insider selling was reported (notably Anthony Fassino and other filings showing sales), which can be read as diversification or tax-related but may create short-term perception pressure. Read More. / Read More.

Insiders Place Their Bets

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

Caterpillar 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.