BI Asset Management Fondsmaeglerselskab A S Cuts Holdings in Caterpillar Inc. $CAT

BI Asset Management Fondsmaeglerselskab A S lowered its position in Caterpillar Inc. (NYSE:CAT) by 6.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 87,315 shares of the industrial products company’s stock after selling 5,742 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Caterpillar were worth $41,662,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Norges Bank acquired a new stake in shares of Caterpillar during the second quarter worth about $2,165,899,000. Groupe la Francaise increased 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 worth $10,820,000 after buying an additional 12,278 shares during the period. Union Bancaire Privee UBP SA lifted its holdings in Caterpillar by 155.9% during the 3rd quarter. Union Bancaire Privee UBP SA now owns 47,231 shares of the industrial products company’s stock worth $21,014,000 after buying an additional 28,773 shares in the last quarter. ZEGA Investments LLC boosted its position in Caterpillar by 149.6% in the 3rd quarter. ZEGA Investments LLC now owns 4,184 shares of the industrial products company’s stock valued at $1,996,000 after buying an additional 2,508 shares during the period. Finally, Palmer Knight Co acquired a new position in shares of Caterpillar in the second quarter worth $5,884,000. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Caterpillar news, insider Anthony D. Fassino sold 10,671 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the insider 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Denise C. Johnson sold 39,138 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $681.08, for a total transaction of $26,656,109.04. Following the transaction, the insider owned 43,350 shares in the company, valued at approximately $29,524,818. This trade represents a 47.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 104,677 shares of company stock worth $66,995,141. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Stock Down 1.5%

CAT stock opened at $692.01 on Thursday. The stock has a market cap of $323.85 billion, a P/E ratio of 36.77, a PEG ratio of 1.68 and a beta of 1.58. The company has a current ratio of 1.44, a quick ratio of 0.94 and a debt-to-equity ratio of 1.44. Caterpillar Inc. has a twelve month low of $267.30 and a twelve month high of $723.16. The company’s 50 day moving average is $612.04 and its two-hundred day moving average is $525.73.

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

Caterpillar Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th will be issued a $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, January 20th. Caterpillar’s payout ratio is presently 32.09%.

Analyst Upgrades and Downgrades

CAT has been the topic of several analyst reports. Oppenheimer increased their price objective on Caterpillar from $700.00 to $729.00 and gave the company an “outperform” rating in a research note on Friday, January 30th. Barclays upped their price target on Caterpillar from $610.00 to $625.00 and gave the stock an “equal weight” rating in a report on Friday, January 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Caterpillar in a research note on Monday, December 29th. Raymond James Financial reissued a “market perform” rating on shares of Caterpillar in a research report on Wednesday, January 7th. Finally, Morgan Stanley increased their price objective on shares of Caterpillar from $400.00 to $425.00 and gave the company an “underweight” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $681.86.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q4 earnings beat and data‑center tailwind — CAT reported Q4 revenue and EPS above estimates, driven by Power & Energy strength as data‑center buildouts boosted demand for turbines and backup power. That underpins near‑term earnings momentum and revenue visibility. Earnings Beat
• Positive Sentiment: Analysts lifting targets and reiterating buys — Multiple firms raised price targets (e.g., Rothschild & Co Redburn raised to $700) and several banks kept/raised positive ratings, creating additional upside catalysts. Rothschild PT Raise
• Positive Sentiment: Record backlog and multi‑year growth plan — Management cites a ~$51B backlog and guidance for 5–7% annual sales through 2030 plus a 25% increase in 2026 capex to expand capacity, which supports conversion of backlog into revenue over time. MarketBeat Backlog Analysis
• Positive Sentiment: Shareholder returns narrative — Coverage highlighting strong free‑cash‑flow and large capital returns (dividends/repurchases) supports investor appetite for the stock. Forbes on Returns
• Neutral Sentiment: Strategic tech partnership — Caterpillar awarded a multi‑year infrastructure modernization engagement to ACI; operationally useful but unlikely to materially move near‑term revenue. ACI Partnership
• Neutral Sentiment: Valuation debate — Coverage notes CAT’s strong run and asks whether shares are rich after the rally; this frames the risk/reward debate for investors but doesn’t change fundamentals immediately. Valuation Coverage
• Negative Sentiment: Large insider selling — Several senior insiders disclosed multi‑million‑dollar sales (e.g., Denise C. Johnson, Anthony Fassino, Bob De Lange) that meaningfully trimmed their holdings; while such sales can be routine, the size of the disposals can fuel short‑term selling or signal profit‑taking at current highs. Insider Sale Filing

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.