Caterpillar Inc. $CAT Shares Purchased by Evermay Wealth Management LLC

Evermay Wealth Management LLC lifted its stake in Caterpillar Inc. (NYSE:CAT) by 29.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,227 shares of the industrial products company’s stock after purchasing an additional 732 shares during the quarter. Evermay Wealth Management LLC’s holdings in Caterpillar were worth $1,849,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CAT. Wellington Management Group LLP increased its holdings 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 valued at $2,494,568,000 after purchasing an additional 5,098,964 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in Caterpillar by 1,851.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,830,414 shares of the industrial products company’s stock worth $873,382,000 after acquiring an additional 1,736,631 shares during the last quarter. Bank of New York Mellon Corp increased its stake in 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 worth $1,695,757,000 after acquiring an additional 609,023 shares during the last quarter. Voya Investment Management LLC increased its stake in Caterpillar by 36.9% during the third 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. Finally, Amundi increased its stake in Caterpillar by 24.3% during the third quarter. Amundi now owns 2,375,710 shares of the industrial products company’s stock worth $1,176,870,000 after acquiring an additional 464,036 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Insiders Place Their Bets

In related news, insider Lange Bob De sold 22,656 shares of the business’s stock in a transaction on Friday, February 6th. The stock was 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 directly owned 79,953 shares of the company’s stock, valued at $57,574,954.83. The trade was a 22.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Anthony D. Fassino sold 10,671 shares of the business’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 transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 125,950 shares of company stock valued at $88,577,390. 0.33% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CAT has been the subject of several recent analyst reports. Oppenheimer raised their target price on Caterpillar from $729.00 to $817.00 and gave the stock an “outperform” rating in a research note on Friday, March 6th. Jefferies Financial Group raised their target price on Caterpillar from $785.00 to $825.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Morgan Stanley raised their target price on Caterpillar from $400.00 to $425.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 3rd. HSBC raised their target price on Caterpillar from $660.00 to $850.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Finally, UBS Group reissued a “neutral” rating and set a $677.00 target price on shares of Caterpillar in a research note on Monday, February 2nd. Sixteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Caterpillar presently has a consensus rating of “Moderate Buy” and a consensus target price of $737.55.

Caterpillar Stock Up 6.5%

Shares of CAT opened at $771.46 on Thursday. The company’s 50-day simple moving average is $721.47 and its 200-day simple moving average is $619.87. 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 1 year low of $269.13 and a 1 year high of $789.81. The stock has a market capitalization of $358.95 billion, a PE ratio of 40.99, a P/E/G ratio of 1.69 and a beta of 1.52.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 EPS 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 business had revenue of $19.13 billion during the quarter, compared to analyst estimates of $17.81 billion. During the same quarter last year, the firm posted $5.14 earnings per share. The business’s revenue for the quarter was up 17.9% compared to the same quarter last year. Analysts forecast that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 annualized dividend and a dividend yield of 0.8%. Caterpillar’s dividend payout ratio (DPR) is presently 32.09%.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: CFO succession announced — long‑time CFO Andrew Bonfield will retire (effective Oct. 1, 2026) and internal candidate Kyle Epley will become CFO May 1, 2026; management framed this as a planned, internal transition that reduces uncertainty around financial leadership. Caterpillar Elects New Chief Financial Officer
• Positive Sentiment: Board maintained the quarterly dividend at $1.51/share (payable May 19, 2026), supporting income investors and signaling confidence in cash flow. Caterpillar Inc. Maintains Dividend
• Positive Sentiment: Demand tailwinds: analysts and commentary highlight a $51bn backlog and rising AI/data‑center power needs driving generator demand — a structural growth driver beyond cyclical construction/mining recovery. Caterpillar: AI-Driven Power Demand And Strong Backlog Support Continued Upside
• Positive Sentiment: Analyst estimate momentum — at least one shop (Erste) raised FY2026 EPS forecasts, and recent analyst price targets remain elevated versus the long‑run average, lending support to higher valuation expectations. Marketbeat CAT coverage
• Neutral Sentiment: Options and social chatter show heavy call activity and bullish targets (some traders eyeing $850), reflecting momentum trading that can amplify moves but also increase short‑term volatility. Caterpillar Inc. Stock (CAT) Opinions on AI Data Center Generator Demand
• Neutral Sentiment: Market is positioning ahead of Caterpillar’s upcoming Q1 earnings; previews expect continued revenue strength but will scrutinize margins and order/backlog commentary. Here’s What to Expect From Caterpillar’s Next Earnings Report
• Negative Sentiment: Legal risk: Caterpillar and Bobcat have filed patent suits against each other — potential litigation expense, distraction, and reputational/headline risk. Caterpillar, Bobcat sue each other over patent infringement
• Negative Sentiment: High insider selling noted in recent filings (many senior executives have sold shares over the past six months), which some investors view as a soft signal even if sales may be for personal/liquidity reasons. Caterpillar Inc. Stock (CAT) Opinions on AI Data Center Generator Demand

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.