Mitsubishi UFJ Asset Management Co. Ltd. Has $594.12 Million Holdings in Caterpillar Inc. $CAT

Mitsubishi UFJ Asset Management Co. Ltd. trimmed its position in Caterpillar Inc. (NYSE:CAT) by 0.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,245,136 shares of the industrial products company’s stock after selling 10,371 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Caterpillar were worth $594,117,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in CAT. Marquette Asset Management LLC grew its position in Caterpillar by 1,060.0% during the 3rd quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 53 shares in the last quarter. Joseph Group Capital Management acquired a new position in Caterpillar during the third quarter valued at $32,000. Kilter Group LLC acquired a new stake in Caterpillar during the 2nd quarter worth about $27,000. Sellwood Investment Partners LLC acquired a new position in shares of Caterpillar in the 3rd quarter valued at about $35,000. Finally, RiverPark Advisors LLC acquired a new stake in shares of Caterpillar during the second quarter worth approximately $32,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Wall Street lifts targets — Wells Fargo raised its CAT price target to $870 (overweight) and Daiwa boosted its target to $790, signaling stronger analyst conviction that Caterpillar can capture continued demand. Wells Fargo price target rise Daiwa price target rise
• Positive Sentiment: AI/data‑center capex tailwind — Strategists are positioning CAT as a “HALO” (Hard Asset, Low Obsolescence) play to benefit from $+600B of data center and AI buildout: demand for heavy equipment to construct large facilities supports longer-term machinery orders. Strategist sees Deere, Caterpillar as low-volatility AI plays
• Positive Sentiment: Strategic venture investing — Caterpillar Venture Capital backed ElevenEs’ Series B first closing, reflecting CAT’s push into adjacent tech/commodity-trading solutions that could broaden revenue streams over time. ElevenEs Series B closing backed by Caterpillar Venture Capital
• Positive Sentiment: Buildout of services and software — Caterpillar acquired RPMGlobal (mining software) and is rolling out a redesigned rental management experience, both moves that expand higher‑margin, recurring services and digital offerings. Caterpillar Acquired RPMGlobal Caterpillar to launch redesigned rental management experience
• Neutral Sentiment: PR and workforce focus — Caterpillar hosted its Global Technician Finals in Peoria (skills/brand positive but limited direct EPS impact). Caterpillar hosts its Global Technician Finals in Peoria
• Neutral Sentiment: Comparative industry coverage — Pieces contrasting Caterpillar and Deere highlight divergent earnings narratives; useful context for relative positioning but not an immediate catalyst. Caterpillar vs Deere article
• Negative Sentiment: Insider selling and option activity — Director/officer Rodney Shurman disclosed sales (and option exercises reported separately), reducing his stake materially; investors often view repeated insider sales as a modest near‑term negative. Rodney Michael Shurman insider sale Insider exercises options
• Negative Sentiment: Short interest jump — Short interest rose ~61% in February to ~10M shares (2.2% of float). While still a small share of float, the spike increases volatility and could weigh on near‑term sentiment. (Data source: short interest release)

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. DA Davidson increased their target price on shares of Caterpillar from $569.00 to $650.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Royal Bank Of Canada lifted their price objective on Caterpillar from $587.00 to $658.00 and gave the company a “sector perform” rating in a research report on Friday, January 30th. HSBC raised their price target on Caterpillar from $660.00 to $850.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Truist Financial raised their price objective on shares of Caterpillar from $729.00 to $786.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Finally, Raymond James Financial restated a “market perform” rating on shares of Caterpillar in a research note on Wednesday, January 7th. Sixteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $712.52.

Insider Transactions at Caterpillar

In other news, insider Lange Bob De sold 22,656 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the completion of the transaction, the insider owned 79,953 shares of the company’s stock, valued at approximately $57,574,954.83. This represents a 22.08% decrease in their ownership of the stock. The sale was disclosed in a filing 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 stock was sold at an average price of $764.20, for a total value of $742,802.40. Following the sale, the chief accounting officer directly owned 824 shares in the company, valued at approximately $629,700.80. This trade represents a 54.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 143,450 shares of company stock worth $98,245,065. 0.33% of the stock is currently owned by insiders.

Caterpillar Stock Performance

Shares of CAT opened at $766.15 on Thursday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94. Caterpillar Inc. has a one year low of $267.30 and a one year high of $789.81. The company’s fifty day moving average price is $660.74 and its 200 day moving average price is $559.89. The company has a market capitalization of $356.48 billion, a PE ratio of 40.71, a price-to-earnings-growth ratio of 1.82 and a beta of 1.58.

Caterpillar (NYSE:CAT) last released its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.67 by $0.49. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The firm had revenue of $19.13 billion for the quarter, compared to analyst estimates of $17.81 billion. During the same quarter last year, the firm posted $5.14 EPS. The company’s revenue was up 17.9% on a year-over-year basis. As a group, analysts expect that Caterpillar Inc. will post 19.86 earnings per share for the current year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Tuesday, January 20th were paid a dividend of $1.51 per share. This represents a $6.04 annualized dividend and a yield of 0.8%. The ex-dividend date was 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.