Caterpillar Inc. $CAT Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC decreased its stake in shares of Caterpillar Inc. (NYSE:CAT) by 63.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,122 shares of the industrial products company’s stock after selling 26,199 shares during the period. Great Lakes Advisors LLC’s holdings in Caterpillar were worth $7,216,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in CAT. Kilter Group LLC purchased a new position in shares of Caterpillar in the 2nd quarter worth $27,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Caterpillar in the 2nd quarter worth about $28,000. Marquette Asset Management LLC raised its holdings in shares of Caterpillar by 1,060.0% in the 3rd 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. RiverPark Advisors LLC acquired a new position in shares of Caterpillar in the 2nd quarter valued at about $32,000. Finally, Joseph Group Capital Management purchased a new stake in shares of Caterpillar during the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Stock Up 3.2%

Shares of NYSE CAT opened at $663.92 on Friday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.86 and a current ratio of 1.38. Caterpillar Inc. has a 1 year low of $267.30 and a 1 year high of $679.99. The stock’s 50-day simple moving average is $602.18 and its 200-day simple moving average is $517.31. The firm has a market cap of $310.70 billion, a price-to-earnings ratio of 34.08, a PEG ratio of 2.48 and a beta of 1.57.

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. Caterpillar had a return on equity of 47.16% and a net margin of 14.34%.The firm had revenue of $19.13 billion during the quarter, compared to analyst estimates of $17.81 billion. During the same quarter last year, the firm earned $5.14 EPS. Caterpillar’s quarterly revenue was up 17.9% on a year-over-year basis. As a group, equities analysts anticipate that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be issued a $1.51 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.04 annualized dividend and a yield of 0.9%. Caterpillar’s dividend payout ratio is currently 31.01%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Morgan Stanley lifted their price target on shares of Caterpillar from $395.00 to $400.00 and gave the company an “underweight” rating in a research report on Friday, January 23rd. Hsbc Global Res upgraded shares of Caterpillar from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Raymond James Financial reaffirmed a “market perform” rating on shares of Caterpillar in a research report on Wednesday, January 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Caterpillar in a research report on Monday, December 29th. Finally, Wells Fargo & Company upped their target price on Caterpillar from $675.00 to $702.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $640.20.

Insider Activity

In related news, insider Anthony D. Fassino sold 8,184 shares of Caterpillar stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $570.18, for a total value of $4,666,353.12. Following the completion of the transaction, the insider directly owned 41,512 shares in the company, valued at approximately $23,669,312.16. This trade represents a 16.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Lange Bob De sold 14,638 shares of the business’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $562.36, for a total value of $8,231,825.68. Following the completion of the sale, the insider directly owned 80,209 shares of the company’s stock, valued at approximately $45,106,333.24. This represents a 15.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 54,729 shares of company stock worth $31,084,308 over the last ninety days. Insiders own 0.33% of the company’s stock.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q4 earnings beat and record revenue — Caterpillar reported adjusted EPS of $5.16 and $19.13B in revenue, beating consensus and showing year-over-year top-line strength that supports valuation and buyback plans. Caterpillar Reports Fourth-Quarter and Full-Year 2025 Results
• Positive Sentiment: AI/data-center demand is boosting power equipment sales — multiple reports note that rapid data-center buildouts (AI workloads) are lifting demand for Caterpillar’s power-generation equipment, turning some orders into long-lived infrastructure rather than short-cycle construction revenue. This Construction Giant’s Stock Led the Dow Over the Past Year. It’s Gotten a Boost From AI
• Positive Sentiment: Strategic order for hyperscale AI power — Caterpillar joined a partnership to supply 2 GW of fast-response gas generator sets for the Monarch Compute Campus, a multi‑year, high-reliability power project that supports recurring, long-duration revenue. American Intelligence & Power Forms Strategic Alliance with Caterpillar and Boyd CAT to Deploy 2 Gigawatts of Dedicated Power for Hyperscale AI Infrastructure
• Positive Sentiment: Strong cash flow and capital return — FY2025 enterprise operating cash flow remained robust and the company deployed roughly $7.9B for buybacks and dividends, supporting EPS and shareholder returns. Caterpillar Reports Fourth-Quarter and Full-Year 2025 Results
• Neutral Sentiment: Earnings call details and management commentary — The full Q4 2025 earnings call transcript provides color on geographic capex trends, margin drivers and service mix for investors doing a deeper read. Caterpillar Inc. (CAT) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst commentary and previews — Coverage ahead of and after the print emphasizes power & energy as the key catalyst while noting investment and margin questions remain. Caterpillar Earnings Are Coming. The Bar Is High, Thanks to AI.
• Negative Sentiment: Tariff headwind — Management warned of an estimated ~$2.6B impact from tariffs in 2026, which the company says will pressure margins and could offset some revenue gains unless mitigated. Caterpillar flags $2.6 billion tariff hit in 2026, power equipment demand lifts quarter
• Negative Sentiment: Tariffs already squeezing margins — Several outlets highlight that higher tariffs and related costs reduced profit margins in the quarter despite top-line strength. Caterpillar Says Higher Tariffs Impacted Profit Margins

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.