USA Financial Formulas Grows Stock Position in Caterpillar Inc. $CAT

USA Financial Formulas increased its position in shares of Caterpillar Inc. (NYSE:CAT) by 243.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,328 shares of the industrial products company’s stock after purchasing an additional 941 shares during the quarter. USA Financial Formulas’ holdings in Caterpillar were worth $761,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the business. Acropolis Investment Management LLC lifted its stake in Caterpillar by 5.7% in the 4th quarter. Acropolis Investment Management LLC now owns 2,540 shares of the industrial products company’s stock worth $1,455,000 after purchasing an additional 138 shares in the last quarter. Worth Asset Management LLC purchased a new stake in Caterpillar in the fourth quarter valued at approximately $1,541,000. Bond & Devick Financial Network Inc. lifted its stake in Caterpillar by 12.9% during the fourth quarter. Bond & Devick Financial Network Inc. now owns 483 shares of the industrial products company’s stock worth $277,000 after purchasing an additional 55 shares in the last quarter. Quad Cities Investment Group LLC boosted its position in shares of Caterpillar by 0.7% during the fourth quarter. Quad Cities Investment Group LLC now owns 3,763 shares of the industrial products company’s stock worth $2,156,000 after buying an additional 26 shares during the period. Finally, First County Bank CT grew its stake in shares of Caterpillar by 1.5% in the fourth quarter. First County Bank CT now owns 2,974 shares of the industrial products company’s stock valued at $1,704,000 after buying an additional 44 shares in the last quarter. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Erste Group nudged up its profit forecasts — the bank raised FY2027 EPS to $27.95 (from $27.65) and slightly lifted FY2026 to $22.70, both well above the street consensus of ~$19.86. This supports a stronger earnings outlook for CAT. Erste Group raises EPS estimates
• Neutral Sentiment: Deal and growth coverage — coverage of Caterpillar supplying power‑generation equipment to Atlas Energy and its role in powering Nscale’s AI compute campus highlights revenue diversification and exposure to AI/energy demand, but analysts are mixed on near-term financial impact and timing. Analysts mixed on Atlas Energy agreement Caterpillar and Nscale AI campus
• Neutral Sentiment: Community & STEM initiatives may support brand and hiring but have limited direct near‑term financial impact (Alvernia collaboration; Goodwill Arkansas funding). Alvernia partnership Goodwill Arkansas funding
• Negative Sentiment: Heightened legal risk — Caterpillar has countersued Bobcat (Doosan Bobcat) over alleged patent infringement and has accused the rival of industrial espionage; litigation can lead to legal costs, injunction risk or distraction. Reuters: Caterpillar countersues Bobcat ENR: alleges industrial espionage
• Negative Sentiment: Divestment headline — Washington state sold off ~$62M of Caterpillar bonds amid activist pressure; public-sector divestment can dent sentiment and signal ESG-related investor risk. WA sells Caterpillar bonds
• Negative Sentiment: Market/sector selloff — Caterpillar was mentioned among stocks that weighed on the Dow amid a near‑350 point decline, so broad risk‑off flows likely pressured the share price alongside company‑specific headlines. Market drop including CAT

Caterpillar Stock Performance

Shares of Caterpillar stock opened at $695.49 on Friday. The firm has a market capitalization of $323.61 billion, a P/E ratio of 36.96, a P/E/G ratio of 1.64 and a beta of 1.54. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Caterpillar Inc. has a 52 week low of $267.30 and a 52 week high of $789.81. The firm’s 50 day moving average is $708.66 and its two-hundred day moving average is $604.42.

Caterpillar (NYSE:CAT) last posted its earnings results on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $17.81 billion. During the same period last year, the firm posted $5.14 EPS. The company’s revenue was up 17.9% on a year-over-year basis. Research analysts forecast that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on CAT. Morgan Stanley raised their target price on Caterpillar from $400.00 to $425.00 and gave the company an “underweight” rating in a report on Tuesday, February 3rd. Williams Trading set a $825.00 price objective on shares of Caterpillar in a report on Tuesday, March 10th. 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 report on Monday, February 2nd. Citigroup upped their price objective on Caterpillar from $760.00 to $785.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Caterpillar in a report on Wednesday, January 7th. Sixteen investment 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. Based on data from MarketBeat, Caterpillar has a consensus rating of “Moderate Buy” and an average price target of $730.50.

Insider Transactions at Caterpillar

In related news, insider Anthony D. Fassino sold 7,891 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $776.90, for a total transaction of $6,130,517.90. Following the completion of the sale, the insider owned 46,643 shares in the company, valued at $36,236,946.70. This represents a 14.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Rodney Michael Shurman sold 2,278 shares of Caterpillar stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $759.61, for a total transaction of $1,730,391.58. Following the completion of the transaction, the insider owned 1,443 shares in the company, valued at approximately $1,096,117.23. This represents a 61.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 135,950 shares of company stock worth $94,327,990. Insiders own 0.33% of the company’s stock.

Caterpillar Company 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.