CPC Advisors LLC Reduces Stock Holdings in Caterpillar Inc. $CAT

CPC Advisors LLC lessened its holdings in Caterpillar Inc. (NYSE:CAT) by 6.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,670 shares of the industrial products company’s stock after selling 1,127 shares during the period. Caterpillar accounts for approximately 1.0% of CPC Advisors LLC’s portfolio, making the stock its 22nd largest holding. CPC Advisors LLC’s holdings in Caterpillar were worth $10,123,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in CAT. Marquette Asset Management LLC raised its position in shares of Caterpillar by 1,060.0% in the third quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock worth $28,000 after buying an additional 53 shares in the last quarter. IFS Advisors LLC purchased a new stake in shares of Caterpillar in the fourth quarter worth $31,000. Joseph Group Capital Management purchased a new stake in shares of Caterpillar in the third quarter worth $32,000. Rialto Wealth Management LLC raised its position in shares of Caterpillar by 47.4% in the fourth quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock worth $32,000 after buying an additional 18 shares in the last quarter. Finally, Noble Wealth Management PBC raised its position in shares of Caterpillar by 140.0% in the fourth 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 in the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar Stock Up 0.3%

Shares of NYSE:CAT opened at $800.99 on Wednesday. The stock’s 50-day moving average price is $737.55 and its 200-day moving average price is $640.69. Caterpillar Inc. has a 12-month low of $287.00 and a 12-month high of $820.20. The stock has a market capitalization of $372.69 billion, a P/E ratio of 42.56, a price-to-earnings-growth ratio of 1.87 and a beta of 1.52. 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 (NYSE:CAT) last released its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.67 by $0.49. The firm had revenue of $19.13 billion during 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 revenue was up 17.9% on a year-over-year basis. During the same period last year, the business earned $5.14 earnings per share. On average, equities analysts anticipate that Caterpillar Inc. will post 22.85 earnings per share for the current year.

Caterpillar Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 19th. Investors of record on Monday, April 20th will be given a dividend of $1.51 per share. 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 32.09%.

Insider Activity at Caterpillar

In related news, insider Anthony D. Fassino sold 7,891 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $776.90, for a total transaction of $6,130,517.90. Following the completion of the sale, the insider owned 46,643 shares of the company’s stock, valued at $36,236,946.70. This trade represents a 14.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lange Bob De sold 22,656 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the sale, the insider directly owned 79,953 shares of the company’s stock, valued at $57,574,954.83. This trade represents a 22.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 125,950 shares of company stock valued at $88,577,390 over the last ninety days. Corporate insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on CAT shares. Raymond James Financial reissued a “market perform” rating on shares of Caterpillar in a research note on Wednesday, January 7th. Sanford C. Bernstein increased their target price on Caterpillar from $678.00 to $769.00 and gave the company a “market perform” rating in a research note on Thursday, April 9th. DA Davidson increased their target price on Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Morgan Stanley increased their target price on Caterpillar from $425.00 to $430.00 and gave the company an “underweight” rating in a research note on Wednesday, April 15th. Finally, Argus increased their target price on Caterpillar from $625.00 to $820.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Sixteen investment 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. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $761.64.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analyst price-target upgrades lift sentiment — Wells Fargo raised its CAT target to $960 (citing AI/data-center demand) and Truist boosted its target to $920, keeping buy ratings; these lifts support higher investor expectations. Caterpillar Stock Can Gain 20%, Analyst Says Truist Raises Price Target
• Positive Sentiment: Acquisition of a California self-driving tractor startup signals a push into autonomy and recurring software/services revenue — a strategic move toward higher-margin, subscription-style income. Caterpillar acquires Californian self-driving tractor startup
• Positive Sentiment: Partnership with Geotab expands fleet telematics capabilities, improving data visibility and aftermarket/service revenue potential across customers’ mixed fleets. This supports Caterpillar’s shift to software-enabled services. Caterpillar Partners with Geotab on Full Fleet Telematics
• Positive Sentiment: Energy and data-center relevance — coverage highlights Caterpillar’s role supplying backup power and energy solutions for data centers, reinforcing a secular growth channel beyond traditional construction cycles. How Caterpillar is tapping into a 101-year-old toolbox to address future energy needs
• Positive Sentiment: Positive equity coverage and momentum – Zacks and IBD spotlight CAT as a stock to watch amid earnings strength and price momentum, reinforcing buying interest from momentum and growth investors. Earnings Growth & Price Strength Make Caterpillar a Stock to Watch
• Neutral Sentiment: Unrelated ticker note — CAT Strategic Metals (ticker CAT on other exchanges) announced a financing; this is a different, much smaller company and unlikely to affect Caterpillar Inc.’s shares. CAT Strategic Announces First Tranche Closing
• Negative Sentiment: Valuation and cyclicality remain risks — CAT trades at a rich multiple (PE ~42) and has above-market beta; heavy exposure to global capital spending means growth expectations are priced in and could magnify downside if macro or commodity cycles slow.

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.