Capital Asset Advisory Services LLC Has $5.36 Million Stock Holdings in Caterpillar Inc. $CAT

Capital Asset Advisory Services LLC reduced its holdings in Caterpillar Inc. (NYSE:CAT) by 17.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 8,600 shares of the industrial products company’s stock after selling 1,787 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Caterpillar were worth $5,358,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of CAT. IFS Advisors LLC bought a new stake in shares of Caterpillar in the fourth quarter worth $31,000. Marquette Asset Management LLC raised its position in Caterpillar by 1,060.0% during the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 53 shares during the last quarter. Noble Wealth Management PBC lifted its holdings in Caterpillar by 140.0% during the 4th quarter. Noble Wealth Management PBC now owns 60 shares of the industrial products company’s stock worth $34,000 after buying an additional 35 shares during the period. Joseph Group Capital Management bought a new stake in shares of Caterpillar in the 3rd quarter valued at about $32,000. Finally, Kilter Group LLC acquired a new stake in shares of Caterpillar in the second quarter valued at about $27,000. Institutional investors own 70.98% of the company’s stock.

Caterpillar Stock Performance

Shares of CAT stock opened at $701.38 on Tuesday. The company has a current ratio of 1.44, a quick ratio of 0.94 and a debt-to-equity ratio of 1.44. The firm has a fifty day simple moving average of $703.39 and a two-hundred day simple moving average of $597.63. Caterpillar Inc. has a 12 month low of $267.30 and a 12 month high of $789.81. The firm has a market capitalization of $326.34 billion, a PE ratio of 37.27, a price-to-earnings-growth ratio of 1.61 and a beta of 1.53.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Williams Trading set a $825.00 price objective on Caterpillar in a research note on Tuesday, March 10th. Jefferies Financial Group raised their price target on shares of Caterpillar from $785.00 to $825.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Morgan Stanley boosted their price target on shares of Caterpillar from $400.00 to $425.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 3rd. Argus upped their price objective on shares of Caterpillar from $625.00 to $820.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $678.00 target price on shares of Caterpillar in a research note on Friday, January 30th. Sixteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $730.50.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Zacks raised its earnings outlook for Caterpillar, forecasting higher EPS — a direct positive for investor expectations and support for the stock after Caterpillar’s January quarter beat. Zacks Research Forecasts Higher Earnings for Caterpillar
• Positive Sentiment: A Chicago Tribune editorial highlights Hyundai Translead’s large Joliet manufacturing investment and broader regional manufacturing momentum; such industrial investments can indirectly lift demand for heavy equipment, parts and services that benefit suppliers like CAT. Editorial: Gov. JB Pritzker gets a big win with Hyundai Translead’s splashy Joliet investment
• Neutral Sentiment: Human-interest coverage referencing “caterpillars” as food for songbirds — not related to Caterpillar Inc.’s business; minimal investor impact. ‘The great munching’: Caterpillars’ gluttony means food for baby songbirds
• Neutral Sentiment: Feature on interactive machines at an Illinois museum — raises local brand visibility but has little bearing on fundamentals. The Massive Interactive Machines At This Illinois Museum Will Blow You Away
• Negative Sentiment: A Seeking Alpha piece warns that while data‑center demand tailwinds for Caterpillar are real, current valuation appears to price in aggressive growth that may be unrealistic — a caution for multiple expansion and a potential cap on further upside if growth slows. Caterpillar: Data Center Tailwinds Are Real, But Valuation Assumes Unrealistic Growth

Insiders Place Their Bets

In other news, insider Denise C. Johnson sold 39,138 shares of the firm’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 value of $26,656,109.04. Following the transaction, the insider owned 43,350 shares in the company, valued at $29,524,818. This trade represents 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 this hyperlink. Also, CEO Joseph E. Creed sold 2,500 shares of Caterpillar stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $718.93, for a total value of $1,797,325.00. Following the transaction, the chief executive officer directly owned 35,083 shares in the company, valued at approximately $25,222,221.19. The trade was a 6.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 135,950 shares of company stock worth $94,327,990 in the last 90 days. Company insiders own 0.33% of the company’s stock.

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.