Mesirow Financial Investment Management Inc. Lowers Position in Caterpillar Inc. $CAT

Mesirow Financial Investment Management Inc. cut its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 2.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 91,120 shares of the industrial products company’s stock after selling 2,303 shares during the quarter. Caterpillar comprises approximately 1.1% of Mesirow Financial Investment Management Inc.’s investment portfolio, making the stock its 19th biggest position. Mesirow Financial Investment Management Inc.’s holdings in Caterpillar were worth $52,201,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CAT. Wellington Management Group LLP grew its holdings in shares of Caterpillar by 3,949.8% during the 3rd 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 grew its holdings in shares of Caterpillar by 1,851.8% during the 3rd 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. Bank of New York Mellon Corp grew its holdings in shares of Caterpillar by 20.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock worth $1,695,757,000 after purchasing an additional 609,023 shares during the period. Amundi grew its holdings in shares of Caterpillar by 24.3% during the 3rd quarter. Amundi now owns 2,375,710 shares of the industrial products company’s stock worth $1,176,870,000 after purchasing an additional 464,036 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of Caterpillar by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 46,385,185 shares of the industrial products company’s stock worth $26,572,681,000 after purchasing an additional 442,164 shares during the period. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Several analysts raised their outlooks on Caterpillar (CAT), including Argus, which lifted its price target to $990 and reiterated a Buy rating on expectations for strong demand and continued momentum. Argus Lifts PT on Caterpillar Inc. (CAT), Expects Strong Demand
• Positive Sentiment: Commentary from Jim Cramer and other media coverage highlighted Caterpillar as a beneficiary of oil, infrastructure, and AI data-center power demand, reinforcing the bullish “power generation” narrative. Cramer’s lightning round: Buy Caterpillar
• Positive Sentiment: Caterpillar (CAT) released its 2025 Annual and Sustainability Reports, emphasizing record full-year sales and revenue in its centennial year and a strategy centered on profitable growth. Caterpillar Inc. Releases 2025 Annual and Sustainability Reports
• Positive Sentiment: Recent coverage cited Caterpillar’s strong first-quarter results, upbeat full-year guidance, and continued share buybacks, all of which support the stock’s bullish rerating. Caterpillar (CAT) Is Up 5.9% After Strong Q1, Data Center Power Deal And Buyback Update
• Neutral Sentiment: A Seeking Alpha piece noted that AI-related power demand is a real opportunity for Caterpillar (CAT), but argued the power-generation segment is still a relatively small part of sales, so investors may want to see broader mix shift before assigning even more upside. Seeking Alpha Caterpillar article
• Negative Sentiment: Insider selling by Anthony Fassino, who sold 16,283 shares, may slightly temper sentiment, though the transaction does not appear large enough to outweigh the stronger business and analyst-driven positives. Anthony Fassino sells Caterpillar shares

Analyst Ratings Changes

A number of research firms have recently weighed in on CAT. Oppenheimer set a $980.00 price target on Caterpillar and gave the stock an “outperform” rating in a report on Friday, May 1st. Royal Bank Of Canada raised their target price on Caterpillar from $587.00 to $658.00 and gave the company a “sector perform” rating in a report on Friday, January 30th. HSBC raised their target price on Caterpillar from $850.00 to $1,100.00 in a report on Tuesday, May 5th. Argus raised their target price on Caterpillar from $820.00 to $990.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Caterpillar in a report on Friday, May 8th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $911.77.

Insiders Place Their Bets

In other news, insider Rodney Michael Shurman sold 5,639 shares of Caterpillar stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $903.18, for a total value of $5,093,032.02. Following the completion of the transaction, the insider owned 2,546 shares in the company, valued at approximately $2,299,496.28. This trade represents a 68.89% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jason Kaiser sold 5,642 shares of Caterpillar stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $883.03, for a total value of $4,982,055.26. Following the completion of the transaction, the insider owned 9,594 shares of the company’s stock, valued at $8,471,789.82. The trade was a 37.03% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 92,017 shares of company stock worth $81,982,867. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Stock Performance

Shares of Caterpillar stock opened at $901.22 on Thursday. The business has a 50-day moving average of $768.15 and a 200 day moving average of $675.78. Caterpillar Inc. has a 12 month low of $336.24 and a 12 month high of $931.35. The stock has a market capitalization of $415.09 billion, a price-to-earnings ratio of 44.86, a price-to-earnings-growth ratio of 1.83 and a beta of 1.63. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81.

Caterpillar (NYSE:CAT) last announced its earnings results on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating analysts’ consensus estimates of $4.65 by $0.89. The company had revenue of $17.42 billion during the quarter, compared to analysts’ expectations of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.Caterpillar’s revenue for the quarter was up 22.2% on a year-over-year basis. During the same period last year, the business posted $4.25 EPS. As a group, sell-side analysts forecast that Caterpillar Inc. will post 24.21 earnings per share for the current year.

Caterpillar Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th will be paid a $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, April 20th. Caterpillar’s dividend payout ratio (DPR) is presently 30.06%.

Caterpillar 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.