Caterpillar (NYSE:CAT) Trading Down 1.3% on Insider Selling

Shares of Caterpillar Inc. (NYSE:CAT) were down 1.3% during mid-day trading on Tuesday following insider selling activity. The company traded as low as $750.00 and last traded at $764.27. Approximately 3,438,203 shares were traded during trading, an increase of 15% from the average daily volume of 2,990,756 shares. The stock had previously closed at $774.20.

Specifically, insider Anthony D. Fassino sold 7,891 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $776.90, for a total value 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. The trade was a 14.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CAT. Morgan Stanley lifted their price target on shares of Caterpillar from $400.00 to $425.00 and gave the company an “underweight” rating in a research report on Tuesday, February 3rd. Bank of America lifted their price objective on Caterpillar from $735.00 to $825.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Jefferies Financial Group increased their target price on Caterpillar from $700.00 to $750.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Truist Financial raised their price target on Caterpillar from $729.00 to $786.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Finally, Oppenheimer upped their price objective on shares of Caterpillar from $700.00 to $729.00 and gave the stock an “outperform” rating in a research report on Friday, January 30th. Sixteen 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 data from MarketBeat, Caterpillar currently has an average rating of “Moderate Buy” and an average target price of $702.95.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar is being highlighted for providing power and infrastructure solutions to high‑tech data centers, a market with strong long‑term demand that could diversify revenue and support higher utilization of its power systems and electrification products. High-tech data centers get a powerful assist from a century-old company
• Neutral Sentiment: Zacks notes that Caterpillar is a trending stock and summarizes factors investors are watching; this reflects retail/institutional attention but doesn’t by itself change fundamentals. Here is What to Know Beyond Why Caterpillar Inc. (CAT) is a Trending Stock
• Neutral Sentiment: A personal‑finance roundup that lists long‑term dividend ideas may lift general investor interest in dividend payers, but it’s a broad theme piece and not a direct catalyst for CAT. 2 Dividend Stocks to Hold for the Next 10 Years
• Negative Sentiment: Insider Anthony D. Fassino sold 7,891 shares (~$6.13M at ~$776.90/share) and trimmed his position ~14.5%. Large insider sales can spook investors even if legally routine, adding selling pressure. SEC Filing – Insider Sale by Anthony D. Fassino
• Negative Sentiment: Zacks Research lowered Q2 EPS estimates for Caterpillar, signaling softer near‑term earnings expectations that can pressure the stock until guidance or results reverse the trend. Q2 EPS Estimates for Caterpillar Lowered by Zacks Research

Caterpillar Stock Down 1.3%

The firm’s fifty day moving average is $641.06 and its 200-day moving average is $546.70. The company has a market capitalization of $357.66 billion, a P/E ratio of 40.61, a price-to-earnings-growth ratio of 1.83 and a beta of 1.58. 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 (NYSE:CAT) last issued its earnings results 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 company’s quarterly revenue was up 17.9% on a year-over-year basis. During the same quarter last year, the business posted $5.14 earnings per share. As a group, equities research analysts predict that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Dividend Announcement

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

Hedge Funds Weigh In On Caterpillar

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Kilter Group LLC bought a new position in Caterpillar in the 2nd quarter valued at approximately $27,000. Torren Management LLC acquired a new position in Caterpillar in the 4th quarter valued at approximately $27,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Caterpillar during the second quarter valued at $28,000. Marquette Asset Management LLC lifted its holdings in shares of Caterpillar by 1,060.0% during the third 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 period. Finally, Frazier Financial Advisors LLC grew its stake in shares of Caterpillar by 220.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 33 shares during the last quarter. Institutional investors and hedge funds own 70.98% 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.