OFI Invest Asset Management Sells 20,272 Shares of Caterpillar Inc. $CAT

OFI Invest Asset Management reduced its position in Caterpillar Inc. (NYSE:CAT) by 21.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 73,966 shares of the industrial products company’s stock after selling 20,272 shares during the period. OFI Invest Asset Management’s holdings in Caterpillar were worth $35,293,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Norges Bank purchased a new stake in Caterpillar in the second quarter valued at approximately $2,165,899,000. Groupe la Francaise lifted its stake in Caterpillar by 82.0% during the 2nd quarter. Groupe la Francaise now owns 27,246 shares of the industrial products company’s stock valued at $10,820,000 after acquiring an additional 12,278 shares during the period. Trivium Point Advisory LLC boosted its holdings in shares of Caterpillar by 132.9% in the 2nd quarter. Trivium Point Advisory LLC now owns 1,926 shares of the industrial products company’s stock valued at $748,000 after acquiring an additional 1,099 shares during the last quarter. Union Bancaire Privee UBP SA increased its stake in shares of Caterpillar by 155.9% in the third quarter. Union Bancaire Privee UBP SA now owns 47,231 shares of the industrial products company’s stock worth $21,014,000 after acquiring an additional 28,773 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Caterpillar by 9.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 78,947 shares of the industrial products company’s stock valued at $26,037,000 after purchasing an additional 7,125 shares during the period. Institutional investors own 70.98% of the company’s stock.

Caterpillar Trading Up 1.2%

Shares of Caterpillar stock opened at $583.12 on Tuesday. The business has a 50 day moving average price of $564.31 and a 200 day moving average price of $472.03. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.38 and a quick ratio of 0.86. The company has a market capitalization of $272.89 billion, a P/E ratio of 29.93, a P/E/G ratio of 2.71 and a beta of 1.57. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $627.50.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Wednesday, October 29th. The industrial products company reported $4.95 earnings per share for the quarter, topping the consensus estimate of $4.52 by $0.43. The business had revenue of $17.64 billion for the quarter, compared to analyst estimates of $16.72 billion. Caterpillar had a net margin of 14.34% and a return on equity of 47.16%. The company’s revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the firm posted $5.17 EPS. Sell-side analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th will be given a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Tuesday, January 20th. Caterpillar’s dividend payout ratio (DPR) is presently 31.01%.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar has outperformed many tech-heavy names in 2025, driven by strong demand and earnings momentum — analysts and commentators say the company still has upside potential. How Caterpillar Crushed the Magnificent 7 in 2025 — And It’s Not Done Yet!
• Positive Sentiment: Wall Street remains constructive: Citi recently raised its CAT price target to $690 (from $670) and reiterated a Buy rating, reflecting confidence in the machinery cycle and dividend appeal. That analyst backing is supporting the rally. Wall Street Firms Bullish on Caterpillar Inc. (CAT) on Industry Outlook amid Dividend Offering
• Neutral Sentiment: Some commentators ask whether the stock’s roughly 60% YTD rally leaves less upside and urge investors to weigh valuation vs. continued earnings growth — framing CAT as a high-momentum but higher-priced industrial. Is It Too Late To Consider Caterpillar After Its 60% 2025 Rally?
• Neutral Sentiment: Zacks highlights that CAT is a trending stock that investors should study carefully (valuation, margin dynamics, order backlog and macro exposure) before adding exposure — useful context but not new company-specific catalysts. Caterpillar Inc. (CAT) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Caterpillar saw a sharp pullback as the AI trade lost momentum, with headlines saying it endured its worst slide since April — a reminder that momentum swings and sector rotations (into AI names) can trigger near-term volatility for cyclical large-caps like CAT. Caterpillar runs into AI hype wall, endures worst slide since April

Insider Activity

In related news, insider Anthony D. Fassino sold 8,184 shares of Caterpillar stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $570.18, for a total transaction of $4,666,353.12. Following the sale, the insider directly owned 41,512 shares in the company, valued at $23,669,312.16. The trade was a 16.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jason Kaiser sold 10,707 shares of the stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $563.60, for a total value of $6,034,465.20. Following the transaction, the insider directly owned 8,649 shares of the company’s stock, valued at approximately $4,874,576.40. The trade was a 55.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 61,895 shares of company stock worth $34,007,516 over the last 90 days. Insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on CAT. Evercore ISI increased their price target on Caterpillar from $476.00 to $630.00 and gave the company an “outperform” rating in a report on Monday, November 17th. Wells Fargo & Company initiated coverage on shares of Caterpillar in a research report on Thursday, November 13th. They set an “overweight” rating and a $675.00 price objective for the company. Bank of America boosted their price target on shares of Caterpillar from $594.00 to $650.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Jefferies Financial Group upped their price target on Caterpillar from $570.00 to $700.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, UBS Group raised their price objective on shares of Caterpillar from $506.00 to $581.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and an average price target of $616.00.

About Caterpillar

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.