Zions Bancorporation National Association UT Grows Stock Holdings in Caterpillar Inc. $CAT

Zions Bancorporation National Association UT lifted its position in shares of Caterpillar Inc. (NYSE:CAT) by 75.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,182 shares of the industrial products company’s stock after purchasing an additional 940 shares during the period. Zions Bancorporation National Association UT’s holdings in Caterpillar were worth $1,041,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Marquette Asset Management LLC boosted its stake in shares of Caterpillar by 1,060.0% during the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 53 shares in the last quarter. Joseph Group Capital Management purchased a new stake in Caterpillar in the third quarter worth about $32,000. Kilter Group LLC bought a new stake in Caterpillar during the 2nd quarter valued at approximately $27,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Caterpillar in the 2nd quarter worth approximately $28,000. Finally, Sellwood Investment Partners LLC bought a new stake in shares of Caterpillar during the third quarter valued at approximately $35,000. Institutional investors own 70.98% of the company’s stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar is being positioned as a supplier to the AI/data‑center buildout (generators, power systems and site infrastructure), which traders interpret as a structural growth tailwind beyond traditional construction and mining cycles. Caterpillar Rides AI Data Center Boom As Earnings Story Evolves
• Positive Sentiment: Public radio piece highlights how a century-old industrial firm (Caterpillar) is providing power solutions that high‑tech data centers need, reinforcing the narrative that CAT can capture durable aftermarket and electrification revenue from the data‑center market. High-tech data centers get a powerful assist from a century-old company
• Positive Sentiment: Recent quarterly results showed an earnings and revenue beat with strong margins (EPS and revenue above consensus; year‑over‑year revenue growth), supporting the thesis that Caterpillar’s profit outlook can improve as demand mix shifts. (Company results released Jan. 29; investors cite improved ROE and margin metrics.)
• Neutral Sentiment: Coverage in a dividend‑stock roundup frames long‑term income investors’ interest in durable, cash‑generating industrials; this may attract dividend‑focused buyers but is unlikely to move the stock materially by itself. 2 Dividend Stocks to Hold for the Next 10 Years
• Negative Sentiment: Zacks Research lowered Q2 EPS estimates for Caterpillar, introducing short‑term downside risk to the shares if revisions continue; this helps explain some analyst caution despite the data‑center narrative. Q2 EPS Estimates for Caterpillar Lowered by Zacks Research
• Negative Sentiment: Valuation is relatively rich (high P/E versus historical averages), so the stock’s upside could be sensitive to any slowdown in end markets or further estimate cuts; watch upcoming guidance and analyst revisions.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. CICC Research assumed coverage on shares of Caterpillar in a report on Friday, February 6th. They set an “outperform” rating on the stock. Barclays upped their price objective on shares of Caterpillar from $610.00 to $625.00 and gave the stock an “equal weight” rating in a report on Friday, January 30th. Royal Bank Of Canada boosted their price target on Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Morgan Stanley raised their price objective on Caterpillar from $400.00 to $425.00 and gave the company an “underweight” rating in a research report on Tuesday, February 3rd. Finally, Argus boosted their target price on Caterpillar from $625.00 to $820.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Sixteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $702.95.

Insider Transactions at Caterpillar

In other Caterpillar news, insider Lange Bob De sold 22,656 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the completion of the sale, the insider directly owned 79,953 shares in the company, valued at $57,574,954.83. The trade was a 22.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Denise C. Johnson sold 39,138 shares of the 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 completion of the transaction, the insider owned 43,350 shares in the company, valued at $29,524,818. This trade represents a 47.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 130,545 shares of company stock valued at $88,294,733. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Price Performance

CAT opened at $774.37 on Tuesday. The company’s 50-day simple moving average is $637.66 and its two-hundred day simple moving average is $544.34. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. The stock has a market capitalization of $362.39 billion, a P/E ratio of 41.15, a P/E/G ratio of 1.83 and a beta of 1.58. Caterpillar Inc. has a 52-week low of $267.30 and a 52-week high of $789.81.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 earnings per share 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 firm had revenue of $19.13 billion during the quarter, compared to analysts’ expectations of $17.81 billion. During the same period in the previous year, the company earned $5.14 earnings per share. The firm’s quarterly revenue was up 17.9% on a year-over-year basis. As a group, analysts predict that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Tuesday, January 20th will be issued a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, January 20th. Caterpillar’s dividend payout ratio is presently 32.09%.

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.