Contravisory Investment Management Inc. Buys 1,069 Shares of Caterpillar Inc. $CAT

Contravisory Investment Management Inc. raised its stake in shares of Caterpillar Inc. (NYSE:CAT) by 201.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,599 shares of the industrial products company’s stock after buying an additional 1,069 shares during the quarter. Contravisory Investment Management Inc.’s holdings in Caterpillar were worth $916,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Fisher Asset Management LLC boosted its stake in Caterpillar by 2.3% in the 2nd quarter. Fisher Asset Management LLC now owns 9,418,321 shares of the industrial products company’s stock worth $3,656,286,000 after purchasing an additional 208,196 shares in the last quarter. Norges Bank purchased a new position in Caterpillar in the second quarter worth about $2,165,899,000. Wellington Management Group LLP lifted its stake in shares of Caterpillar by 3,949.8% in the third quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company’s stock worth $2,494,568,000 after buying an additional 5,098,964 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Caterpillar by 20.7% during the third 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 buying an additional 609,023 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Caterpillar by 4.5% during the second quarter. Invesco Ltd. now owns 3,282,720 shares of the industrial products company’s stock valued at $1,274,385,000 after buying an additional 140,784 shares during the last quarter. 70.98% of the stock is owned by hedge funds and other institutional investors.

Caterpillar Stock Performance

NYSE CAT opened at $701.38 on Tuesday. The business has a 50-day moving average price of $703.39 and a 200-day moving average price of $597.63. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Caterpillar Inc. has a twelve month low of $267.30 and a twelve month high of $789.81. The firm has a market cap of $326.34 billion, a price-to-earnings 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 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 return on equity of 45.76% and a net margin of 13.14%.The business had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. During the same quarter last year, the business posted $5.14 EPS. The firm’s revenue for the quarter was up 17.9% compared to the same quarter last year. As a group, equities research analysts predict that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Key Stories Impacting Caterpillar

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

Insider Transactions at Caterpillar

In other Caterpillar news, insider Lange Bob De sold 22,656 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $720.11, for a total value of $16,314,812.16. Following the completion of the transaction, the insider directly owned 79,953 shares in the company, valued at approximately $57,574,954.83. The trade was a 22.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Anthony D. Fassino sold 10,671 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $680.45, for a total value of $7,261,081.95. Following the completion of the sale, the insider directly owned 41,151 shares of the company’s stock, valued at $28,001,197.95. The trade was a 20.59% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 135,950 shares of company stock valued at $94,327,990. Company insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Robert W. Baird set a $805.00 price objective on shares of Caterpillar in a report on Friday, January 30th. Oppenheimer boosted their target price on Caterpillar from $729.00 to $817.00 and gave the stock an “outperform” rating in a research report on Friday, March 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Caterpillar in a research note on Monday, December 29th. Wall Street Zen cut shares of Caterpillar from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Finally, JPMorgan Chase & Co. increased their price target on Caterpillar from $765.00 to $860.00 and gave the company an “overweight” rating in a report on Wednesday, March 4th. Sixteen research 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. According to data from MarketBeat, Caterpillar currently has an average rating of “Moderate Buy” and an average target price of $730.50.

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.