Caterpillar Inc. $CAT Shares Purchased by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC grew its position in shares of Caterpillar Inc. (NYSE:CAT) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 76,492 shares of the industrial products company’s stock after buying an additional 1,471 shares during the period. Caterpillar comprises 1.1% of NorthCrest Asset Manangement LLC’s portfolio, making the stock its 15th largest position. NorthCrest Asset Manangement LLC’s holdings in Caterpillar were worth $47,127,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in CAT. Norges Bank acquired a new position in Caterpillar in the second quarter worth $2,165,899,000. Wellington Management Group LLP raised its holdings in shares of Caterpillar by 3,949.8% during the third quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company’s stock worth $2,494,568,000 after purchasing an additional 5,098,964 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of Caterpillar by 1,851.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,830,414 shares of the industrial products company’s stock worth $873,382,000 after purchasing an additional 1,736,631 shares during the period. Marshall Wace LLP lifted its position in shares of Caterpillar by 425.2% in the 2nd quarter. Marshall Wace LLP now owns 761,800 shares of the industrial products company’s stock worth $295,738,000 after buying an additional 616,739 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Caterpillar by 20.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock valued at $1,695,757,000 after buying an additional 609,023 shares during the period. 70.98% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Anthony D. Fassino sold 7,891 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $776.90, for a total transaction of $6,130,517.90. Following the transaction, the insider directly owned 46,643 shares of the company’s stock, valued at approximately $36,236,946.70. This trade represents a 14.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO William E. Schaupp sold 972 shares of Caterpillar stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $764.20, for a total transaction of $742,802.40. Following the sale, the chief accounting officer owned 824 shares in the company, valued at approximately $629,700.80. This represents a 54.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 135,950 shares of company stock worth $94,327,990 over the last ninety days. 0.33% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

CAT has been the topic of several research reports. Wolfe Research increased their price objective on shares of Caterpillar from $470.00 to $670.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Caterpillar in a report on Monday, December 29th. Jefferies Financial Group increased their price target on Caterpillar from $785.00 to $825.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Barclays raised 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. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $678.00 price objective on shares of Caterpillar in a research report on Friday, January 30th. Sixteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $730.50.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Zacks raised several forward EPS forecasts for Caterpillar — including FY2026 to $21.46, FY2027 to $24.17, FY2028 to $28.88, Q1 2026 to $4.46 and Q4 2027 to $7.12 — signaling stronger expected earnings momentum and supporting a premium multiple for CAT. (No article link provided)
• Positive Sentiment: Zacks research says Caterpillar currently edges Komatsu on earnings momentum, growth outlook and returns, which supports investor preference for CAT despite its higher valuation. Caterpillar vs. Komatsu: Which Equipment Stock Has the Edge Now?
• Neutral Sentiment: The Yahoo Finance piece questions whether CAT still offers value after a ~105% one‑year surge, highlighting strong multi‑year returns and recent volatility — a reminder investors should weigh valuation vs. growth before adding. Is It Too Late To Consider Caterpillar (CAT) After A 105% One Year Surge?
• Neutral Sentiment: Local human‑interest coverage about a top heavy‑machinery operator (Press Herald) is not material to fundamentals but can support the brand narrative in end markets. Digging for gold: How a Wells man earned the title of world’s best heavy machinery operator
• Negative Sentiment: Zacks slightly trimmed its Q2 2027 EPS view (from $6.01 to $5.99) — a very small downgrade but it may feed short‑term caution around the next quarter’s outlook. (No article link provided)

Caterpillar Price Performance

NYSE CAT opened at $680.15 on Friday. The company has a 50-day moving average price of $701.95 and a two-hundred day moving average price of $594.39. Caterpillar Inc. has a 52 week low of $267.30 and a 52 week high of $789.81. The stock has a market cap of $316.47 billion, a price-to-earnings ratio of 36.14, a price-to-earnings-growth ratio of 1.61 and a beta of 1.54. 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 (NYSE:CAT) last released its quarterly earnings results 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. The company had revenue of $19.13 billion for the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The business’s revenue for the quarter was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.14 earnings per share. Analysts forecast that Caterpillar Inc. will post 19.86 EPS for the current year.

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.