Congress Asset Management Co. Cuts Position in Caterpillar Inc. $CAT

Congress Asset Management Co. reduced its stake in shares of Caterpillar Inc. (NYSE:CAT) by 2.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 52,871 shares of the industrial products company’s stock after selling 1,213 shares during the period. Congress Asset Management Co.’s holdings in Caterpillar were worth $30,288,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in CAT. IFS Advisors LLC acquired a new position in Caterpillar during the fourth quarter worth about $31,000. 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 in the last quarter. Noble Wealth Management PBC lifted its position in shares of Caterpillar by 140.0% during the 4th quarter. Noble Wealth Management PBC now owns 60 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 35 shares during the period. Joseph Group Capital Management purchased a new stake in shares of Caterpillar during the 3rd quarter worth approximately $32,000. Finally, Kilter Group LLC acquired a new stake in shares of Caterpillar in the 2nd quarter worth approximately $27,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar secured large power and data‑center related orders, including a global framework with Atlas Energy Solutions (~1.4 GW) and additional AI/data‑center power deals — a direct revenue driver that strengthens its Power & Energy backlog and exposure to a fast‑growing end market. Caterpillar Taps Energy And AI Power Deals As Valuation Questions Linger
• Positive Sentiment: Market commentary highlights CAT’s outperformance while the broader market slumped, signaling relative strength and investor rotation into cyclicals. That momentum is supporting the stock’s rise today. Caterpillar (CAT) Increases Despite Market Slip: Here’s What You Need to Know
• Positive Sentiment: Technical/quant notes (Dow Jones coverage) flag CAT as showing new buy points amid a weak market — this can draw short‑term momentum traders and institutional inflows. These Dow Jones Stocks Make Bullish Moves; Retailer Dumps OpenAI
• Positive Sentiment: Macro relief from reduced geopolitical risk (postponed military action vs. Iran) produced an industrials‑led rally, benefiting cyclical names like Caterpillar. Broad risk‑on flows are amplifying gains. Greenbrier, Acuity Brands, Werner, Kennametal, and Scorpio Tankers Stocks Trade Up, What You Need To Know
• Positive Sentiment: Analyst research (Zacks coverage summarized by media) is forecasting higher earnings for Caterpillar, reinforcing growth expectations and supporting valuation multiples. Zacks Research Forecasts Higher Earnings for Caterpillar
• Neutral Sentiment: Executive commentary on managing Middle East project safety and growing on‑site power demand from data centers underscores operational priorities and secular demand, but mainly provides context rather than immediate earnings impact. How Caterpillar is navigating Mideast uncertainties amid Iran war
• Neutral Sentiment: Coverage noting CAT’s ~100% year‑over‑year move highlights momentum and dividend appeal — useful for sentiment but also raises attention on stretched performance. This Dow 30 dividend stock is up 100 in the past year
• Negative Sentiment: Analyst critique (Seeking Alpha) warns that while data‑center tailwinds are real, current valuation may already assume aggressive growth — a caution that could limit further multiple expansion and invite profit‑taking. Caterpillar: Data Center Tailwinds Are Real, But Valuation Assumes Unrealistic Growth

Insider Buying and Selling

In related news, insider Lange Bob De sold 22,656 shares of Caterpillar stock in a transaction 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 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 filing with the SEC, which is accessible through the SEC website. Also, insider Anthony D. Fassino sold 10,671 shares of Caterpillar stock in a transaction dated 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 sale, the insider directly owned 41,151 shares in the company, valued at approximately $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. Insiders sold a total of 135,950 shares of company stock valued at $94,327,990 over the last ninety days. Insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on CAT shares. Oppenheimer upped their target price on Caterpillar from $729.00 to $817.00 and gave the company an “outperform” rating in a report on Friday, March 6th. Royal Bank Of Canada boosted their price objective on shares of Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. DA Davidson increased their price objective on shares of Caterpillar from $569.00 to $650.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Bank of America raised their target price on shares of Caterpillar from $735.00 to $825.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, Wall Street Zen downgraded shares of Caterpillar from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Sixteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $730.50.

Caterpillar Stock Up 2.1%

CAT opened at $716.16 on Wednesday. Caterpillar Inc. has a 12 month low of $267.30 and a 12 month high of $789.81. The business has a 50-day moving average of $704.99 and a two-hundred day moving average of $599.69. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94. The stock has a market capitalization of $333.22 billion, a price-to-earnings ratio of 38.05, a price-to-earnings-growth ratio of 1.66 and a beta of 1.54.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, topping analysts’ consensus estimates of $4.67 by $0.49. The business had revenue of $19.13 billion during the quarter, compared to the consensus estimate of $17.81 billion. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The business’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same period in the prior year, the firm posted $5.14 EPS. On average, research analysts expect that Caterpillar Inc. will post 19.86 earnings per share for the current year.

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.