Banco Santander S.A. Has $46.60 Million Stock Holdings in Caterpillar Inc. $CAT

Banco Santander S.A. raised its position in shares of Caterpillar Inc. (NYSE:CAT) by 17.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 97,659 shares of the industrial products company’s stock after acquiring an additional 14,303 shares during the period. Banco Santander S.A.’s holdings in Caterpillar were worth $46,598,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. 360 Financial Inc. raised its position in shares of Caterpillar by 15.9% during the third quarter. 360 Financial Inc. now owns 1,095 shares of the industrial products company’s stock valued at $522,000 after buying an additional 150 shares during the last quarter. Choreo LLC raised its stake in shares of Caterpillar by 1.1% in the third quarter. Choreo LLC now owns 24,635 shares of the industrial products company’s stock valued at $11,754,000 after purchasing an additional 265 shares in the last quarter. West Family Investments Inc. boosted its stake in Caterpillar by 9.4% during the third quarter. West Family Investments Inc. now owns 2,365 shares of the industrial products company’s stock worth $1,128,000 after buying an additional 203 shares in the last quarter. Advisor OS LLC increased its holdings in Caterpillar by 23.3% in the 3rd quarter. Advisor OS LLC now owns 5,259 shares of the industrial products company’s stock valued at $2,509,000 after buying an additional 995 shares during the period. Finally, Westpac Banking Corp raised its stake in shares of Caterpillar by 213.8% in the 3rd quarter. Westpac Banking Corp now owns 9,413 shares of the industrial products company’s stock valued at $4,491,000 after buying an additional 6,413 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Major analyst upgrades and price‑target hikes — Wells Fargo raised its target to $870 (overweight) and Daiwa lifted its target to $790, giving fresh buy‑side ammunition and supporting upside expectations. Wells Fargo price target hike
• Positive Sentiment: High‑profile media and TV endorsements (Jim Cramer commentary) are adding retail/institutional attention and positive sentiment toward CAT’s machinery exposure. Jim Cramer on Caterpillar
• Positive Sentiment: Strategic corporate moves — Caterpillar acquired RPMGlobal (mining software) and its venture arm backed ElevenEs, signaling expansion into software/tech and commodity‑linked solutions that can lift long‑term services and recurring revenue. Caterpillar acquires RPMGlobal ElevenEs Series B backed by Caterpillar Venture Capital
• Neutral Sentiment: Sector/market reports point to strong multi‑year demand for mining trucks, tunneling and rock‑drilling equipment (electrification, autonomy, infrastructure), which is a tailwind but not an immediate earnings surprise. Mining Truck Market Report
• Neutral Sentiment: Company PR events (Global Technician Finals) and product/service improvements (rental management redesign) help branding and aftermarket services but are gradual catalysts. Global Technician Finals
• Negative Sentiment: Insider selling: a senior employee sold ~2,278 shares recently (disclosed), which can be perceived as profit‑taking by insiders and adds psychological pressure on the stock. Insider sale disclosure
• Negative Sentiment: Short interest jumped roughly 61% in February — increased shorting raises near‑term volatility and suggests some market participants are positioning for a pullback. (Internal short‑interest data)
• Negative Sentiment: Valuation is extended after a big rally (PE ~40 and ~124% Y/Y gain); several articles warn CAT now trades at a premium, increasing sensitivity to any slowdown in orders, margins or macro headwinds. Valuation assessment

Caterpillar Stock Performance

Shares of NYSE:CAT opened at $752.81 on Friday. The stock has a market capitalization of $350.27 billion, a P/E ratio of 40.00, a P/E/G ratio of 1.81 and a beta of 1.58. The company has a current ratio of 1.44, a quick ratio of 0.94 and a debt-to-equity ratio of 1.44. Caterpillar Inc. has a 1-year low of $267.30 and a 1-year high of $789.81. The business has a 50-day moving average price of $664.48 and a two-hundred day moving average price of $561.23.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, topping 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 company had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. During the same quarter in the previous year, the company earned $5.14 EPS. Caterpillar’s revenue was up 17.9% on a year-over-year basis. Equities analysts predict that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Caterpillar Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Tuesday, January 20th were paid a dividend of $1.51 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.8%. Caterpillar’s payout ratio is 32.09%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on CAT shares. Morgan Stanley upped their target price on shares of Caterpillar from $400.00 to $425.00 and gave the company an “underweight” rating in a research note on Tuesday, February 3rd. Bank of America raised their target price on Caterpillar from $735.00 to $825.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. DA Davidson upped their price target on Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. CICC Research started coverage on Caterpillar in a report on Friday, February 6th. They set an “outperform” rating for the company. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $678.00 target price on shares of Caterpillar in a report on Friday, January 30th. Sixteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $712.52.

Insider Transactions at Caterpillar

In other Caterpillar news, insider Denise C. Johnson sold 39,138 shares of the firm’s stock in a transaction dated 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 transaction, the insider owned 43,350 shares in the company, valued at approximately $29,524,818. This trade represents a 47.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Andrew R. J. Bonfield sold 10,000 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $26,142,227.60. This trade represents a 18.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 143,450 shares of company stock valued at $98,245,065. Corporate 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.