ABN AMRO Bank N.V. Boosts Holdings in Caterpillar Inc. $CAT

ABN AMRO Bank N.V. increased its holdings in Caterpillar Inc. (NYSE:CAT) by 81.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,105 shares of the industrial products company’s stock after purchasing an additional 2,733 shares during the period. ABN AMRO Bank N.V.’s holdings in Caterpillar were worth $2,903,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in CAT. Norges Bank purchased a new stake in Caterpillar in the second quarter worth about $2,165,899,000. Groupe la Francaise raised its position in shares of Caterpillar by 82.0% in the 2nd quarter. Groupe la Francaise now owns 27,246 shares of the industrial products company’s stock worth $10,820,000 after acquiring an additional 12,278 shares in the last quarter. Union Bancaire Privee UBP SA lifted its stake in shares of Caterpillar by 155.9% in the 3rd quarter. Union Bancaire Privee UBP SA now owns 47,231 shares of the industrial products company’s stock valued at $21,014,000 after purchasing an additional 28,773 shares during the period. ZEGA Investments LLC boosted its position in shares of Caterpillar by 149.6% during the third quarter. ZEGA Investments LLC now owns 4,184 shares of the industrial products company’s stock valued at $1,996,000 after purchasing an additional 2,508 shares in the last quarter. Finally, Palmer Knight Co purchased a new stake in Caterpillar in the second quarter worth $5,884,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CAT. Weiss Ratings restated a “buy (b)” rating on shares of Caterpillar in a report on Monday, December 29th. Hsbc Global Res raised shares of Caterpillar from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. UBS Group reissued a “neutral” rating and set a $677.00 price objective on shares of Caterpillar in a research note on Monday. HSBC upgraded shares of Caterpillar from a “hold” rating to a “buy” rating and lifted their target price for the company from $405.00 to $660.00 in a report on Wednesday, November 5th. Finally, Robert W. Baird set a $805.00 price target on Caterpillar in a research note on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $681.86.

Insider Buying and Selling

In other news, insider Jason Kaiser sold 10,707 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $563.60, for a total transaction of $6,034,465.20. Following the completion of the transaction, the insider directly owned 8,649 shares of the company’s stock, valued at $4,874,576.40. The trade was a 55.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lange Bob De sold 16,070 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $704.97, for a total transaction of $11,328,867.90. Following the transaction, the insider owned 79,953 shares in the company, valued at approximately $56,364,466.41. This trade represents a 16.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 120,747 shares of company stock worth $78,324,008 in the last three months. 0.33% of the stock is currently owned by company insiders.

Caterpillar Trading Down 2.0%

NYSE:CAT opened at $678.22 on Friday. The stock has a market cap of $317.39 billion, a price-to-earnings ratio of 36.04, a PEG ratio of 1.64 and a beta of 1.58. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The company’s 50 day moving average price is $614.16 and its 200-day moving average price is $526.79. Caterpillar Inc. has a 52 week low of $267.30 and a 52 week high of $723.16.

Caterpillar (NYSE:CAT) last released its quarterly earnings data 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 return on equity of 45.76% and a net margin of 13.14%.The business had revenue of $19.13 billion for the quarter, compared to analysts’ expectations of $17.81 billion. During the same period in the prior year, the firm posted $5.14 EPS. The firm’s quarterly revenue was up 17.9% on a year-over-year basis. On average, equities research analysts forecast that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be given a dividend of $1.51 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.04 annualized dividend and a dividend yield of 0.9%. Caterpillar’s dividend payout ratio (DPR) is 32.09%.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q4 earnings beat and data‑center tailwind — CAT reported revenue and EPS above estimates, driven by strong Power & Energy demand from data‑center buildouts (supports near‑term revenue and margins). Read More.
• Positive Sentiment: Analysts raising targets and reaffirming buys — Multiple shops (including Rothschild/Redburn, Truist, Citi and others) have lifted price targets or kept positive ratings, providing fresh upside catalysts. Read More.
• Positive Sentiment: Record backlog and multi‑year growth plan — Management cites a roughly $51B backlog and guidance for 5–7% annual sales through 2030 plus higher 2026 capex to expand capacity, supporting revenue visibility. Read More.
• Positive Sentiment: Shareholder returns narrative — Coverage highlights strong free cash flow and sizable dividends/repurchases, which supports investor demand at current levels. Read More.
• Neutral Sentiment: Strategic tech partnership — Multi‑year ACI engagement to modernize Caterpillar’s infrastructure is operationally useful but unlikely to move near‑term revenue materially. Read More.
• Neutral Sentiment: Valuation debate — Coverage notes the strong rally and asks whether shares now price in much of the upside; important for risk/reward but not a near‑term fundamental change. Read More.
• Neutral Sentiment: Product update — New compact 308CR mini‑excavator announced; incremental to overall results but supports product-cycle narrative. Read More.
• Negative Sentiment: Large insider selling — Several senior insiders disclosed multi‑million‑dollar sales this week (Denise C. Johnson, Anthony Fassino, Bob De Lange), trimming holdings considerably; the size/timing of these disposals can pressure the stock short‑term as investors interpret them as profit‑taking. Read More.

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.