Caterpillar Inc. $CAT Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its position in Caterpillar Inc. (NYSE:CAT) by 23.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 219,176 shares of the industrial products company’s stock after acquiring an additional 41,055 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Caterpillar were worth $177,706,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Wagner Wealth Management Corp bought a new stake in Caterpillar during the 3rd quarter valued at $361,000. Zullo Investment Group Inc. raised its stake in shares of Caterpillar by 1.2% during the 3rd quarter. Zullo Investment Group Inc. now owns 1,971 shares of the industrial products company’s stock valued at $1,599,000 after purchasing an additional 24 shares during the period. Diversify Advisory Services LLC raised its stake in shares of Caterpillar by 34.8% during the 3rd quarter. Diversify Advisory Services LLC now owns 8,289 shares of the industrial products company’s stock valued at $6,721,000 after purchasing an additional 2,138 shares during the period. Petredis Investment Advisors LLC lifted its holdings in Caterpillar by 0.3% during the 3rd quarter. Petredis Investment Advisors LLC now owns 7,745 shares of the industrial products company’s stock worth $6,280,000 after purchasing an additional 26 shares in the last quarter. Finally, LCM Capital Management Inc lifted its holdings in Caterpillar by 10.1% during the 3rd quarter. LCM Capital Management Inc now owns 512 shares of the industrial products company’s stock worth $415,000 after purchasing an additional 47 shares in the last quarter. 70.98% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Caterpillar

In related news, CEO Joseph E. Creed sold 32,401 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $808.98, for a total value of $26,211,760.98. Following the completion of the sale, the chief executive officer owned 34,555 shares in the company, valued at $27,954,303.90. The trade was a 48.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Price Performance

NYSE:CAT opened at $725.27 on Wednesday. Caterpillar Inc. has a 52-week low of $510.21 and a 52-week high of $1,073.46. The stock has a fifty day moving average of $807.63 and a 200 day moving average of $856.77. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 1.37. The firm has a market capitalization of $333.38 billion, a price-to-earnings ratio of 31.21, a P/E/G ratio of 1.25 and a beta of 1.58.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $8.17 earnings per share for the quarter, topping the consensus estimate of $6.22 by $1.95. Caterpillar had a net margin of 14.51% and a return on equity of 55.53%. The company had revenue of $20.54 billion for the quarter, compared to analysts’ expectations of $19.34 billion. During the same period in the prior year, the business earned $4.72 earnings per share. Caterpillar’s revenue for the quarter was up 23.7% compared to the same quarter last year. On average, research analysts expect that Caterpillar Inc. will post 27.49 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Monday, October 26th will be issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, October 26th. Caterpillar’s dividend payout ratio (DPR) is currently 28.06%.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar received a Zacks Rank upgrade to #2 (Buy), reflecting increased optimism about its earnings outlook. That could provide support to the shares, although the upgrade is based on a quantitative ranking rather than a major change in company fundamentals. Caterpillar rating upgrade article
• Positive Sentiment: Caterpillar is investing $10 million to expand its North Carolina workforce and manufacturing presence. The investment signals confidence in regional production demand and could support long-term growth, though it is unlikely to materially affect near-term earnings. Caterpillar North Carolina investment article
• Neutral Sentiment: Analyst coverage remains broadly favorable, with Wall Street’s average recommendation suggesting CAT is suitable for portfolios. However, the report cautions that sell-side recommendations can be overly optimistic, limiting the signal’s value for investors. Caterpillar analyst recommendation article
• Neutral Sentiment: A comparison with W.W. Grainger and other industrial-products companies provides context on CAT’s year-to-date performance, but does not introduce a new company-specific catalyst. Caterpillar peer performance article
• Negative Sentiment: Caterpillar formally objected to the unauthorized tokenized trading of its shares on the OKX-ICE venue, citing regulatory and reputational risks. The dispute may create headline risk and reinforces concerns about how CAT stock is represented in unregistered digital-asset markets. Caterpillar tokenized shares article

Wall Street Analyst Weigh In

A number of research firms have weighed in on CAT. Citigroup reduced their target price on Caterpillar from $1,100.00 to $950.00 and set a “buy” rating for the company in a report on Monday, October 12th. President Capital began coverage on shares of Caterpillar in a report on Friday, September 18th. They issued a “buy” rating and a $999.00 price target on the stock. Wells Fargo & Company raised their price objective on shares of Caterpillar from $1,050.00 to $1,155.00 and gave the company an “overweight” rating in a research report on Tuesday, June 23rd. Oppenheimer reduced their price objective on shares of Caterpillar from $1,118.00 to $1,009.00 and set an “outperform” rating for the company in a research note on Wednesday, October 14th. Finally, Wall Street Zen raised shares of Caterpillar from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $967.83.

Caterpillar Profile

Caterpillar Inc is a manufacturer of construction, mining, and industrial equipment. Its product portfolio includes excavators, bulldozers, wheel loaders, motor graders, articulated trucks, and other machinery used in construction, infrastructure development, mining, quarrying, forestry, and related industries. The company also produces diesel and natural gas engines, industrial gas turbines, generator sets, and other power-generation and transportation equipment.

Caterpillar operates through businesses focused on construction industries, resource industries, and energy and transportation.