Caterpillar Inc. $CAT Position Reduced by Bank of Montreal Can

Bank of Montreal Can reduced its stake in shares of Caterpillar Inc. (NYSE:CAT) by 2.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 660,425 shares of the industrial products company’s stock after selling 17,282 shares during the period. Bank of Montreal Can owned about 0.14% of Caterpillar worth $315,121,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CAT. Marquette Asset Management LLC increased its holdings in Caterpillar by 1,060.0% in the third quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock valued at $28,000 after buying an additional 53 shares during the last quarter. Joseph Group Capital Management acquired a new position in shares of Caterpillar in the 3rd quarter worth approximately $32,000. Kilter Group LLC bought a new stake in shares of Caterpillar in the 2nd quarter valued at approximately $27,000. Sellwood Investment Partners LLC acquired a new stake in shares of Caterpillar during the 3rd quarter valued at approximately $35,000. Finally, RiverPark Advisors LLC acquired a new stake in shares of Caterpillar during the 2nd quarter valued at approximately $32,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Trading Up 3.4%

Shares of CAT stock opened at $704.10 on Tuesday. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $789.81. The firm has a market capitalization of $327.61 billion, a PE ratio of 37.41, a price-to-earnings-growth ratio of 1.61 and a beta of 1.53. The stock has a fifty day moving average of $683.98 and a two-hundred day moving average of $578.41. 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 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 business had revenue of $19.13 billion for the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The company’s revenue was up 17.9% on a year-over-year basis. During the same period in the previous year, the business earned $5.14 earnings per share. As a group, research analysts expect that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th were given a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, January 20th. Caterpillar’s payout ratio is 32.09%.

Analyst Upgrades and Downgrades

CAT has been the subject of a number of research reports. CICC Research initiated coverage on shares of Caterpillar in a report on Friday, February 6th. They issued an “outperform” rating for the company. Sanford C. Bernstein restated a “market perform” rating and issued a $678.00 price target on shares of Caterpillar in a research report on Friday, January 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Caterpillar in a report on Monday, December 29th. Bank of America increased their price objective on shares of Caterpillar from $735.00 to $825.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Finally, UBS Group reissued a “neutral” rating and issued a $677.00 target price on shares of Caterpillar in a report on Monday, February 2nd. Sixteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $726.00.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Multiple analyst price‑target raises lift the outlook and signal upside potential; Citigroup bumped its target to $785 and reiterated a Buy rating, implying further upside from current levels. Article Title MarketScreener
• Positive Sentiment: Additional published price‑target increases (to $817 and $825) further underpin analyst confidence and provide explicit upside benchmarks for investors. Price Target $817 Price Target $825
• Positive Sentiment: Product and tech innovation headlines — including a new heavy electric‑drive dozer and AI/autonomous jobsite showcases at CONEXPO — support a re‑rating toward higher valuation multiples if execution and adoption continue. Electric Dozer AI Jobsite Tech
• Positive Sentiment: Positive media/analyst features (Zacks, Motley Fool) frame CAT as a long‑term favorite and list reasons to buy, reinforcing investor interest and momentum narratives. Zacks Fool
• Neutral Sentiment: Forbes highlights a short‑term pullback from recent highs and debates buy‑the‑dip vs. profit‑taking; useful for traders weighing entry timing but not a change to the company’s fundamentals. Forbes
• Neutral Sentiment: Zacks Market Edge highlighted Caterpillar among notable names — additional visibility but no new company guidance reported. Zacks Market Edge
• Negative Sentiment: Insider selling: the CEO sold about $1.8M of stock; outlets note this activity and it has prompted intraday weakness in some reports — a potential near‑term headwind for sentiment. Insider Sale Trading Down Article

Insider Buying and Selling

In other news, CAO William E. Schaupp sold 972 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $764.20, for a total value of $742,802.40. Following the completion of the transaction, the chief accounting officer directly owned 824 shares in the company, valued at $629,700.80. This trade represents a 54.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction, the insider owned 46,643 shares in the company, valued at $36,236,946.70. This represents a 14.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 135,950 shares of company stock worth $94,327,990. Company insiders own 0.33% of the company’s stock.

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.