Pinkerton Wealth LLC Makes New Investment in Caterpillar Inc. $CAT

Pinkerton Wealth LLC purchased a new position in Caterpillar Inc. (NYSE:CAT) during the 4th quarter, Holdings Channel reports. The firm purchased 6,098 shares of the industrial products company’s stock, valued at approximately $3,493,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. ABN Amro Investment Solutions grew its position in Caterpillar by 279.5% in the 4th quarter. ABN Amro Investment Solutions now owns 23,728 shares of the industrial products company’s stock worth $13,593,000 after purchasing an additional 17,475 shares during the last quarter. Reliant Investment Partners LLC grew its position in Caterpillar by 13.9% in the 4th quarter. Reliant Investment Partners LLC now owns 1,863 shares of the industrial products company’s stock worth $1,067,000 after purchasing an additional 227 shares during the last quarter. BlueStem Wealth Partners LLC grew its position in Caterpillar by 1.3% in the 4th quarter. BlueStem Wealth Partners LLC now owns 1,192 shares of the industrial products company’s stock worth $683,000 after purchasing an additional 15 shares during the last quarter. IFP Advisors Inc grew its position in Caterpillar by 9.4% in the 4th quarter. IFP Advisors Inc now owns 17,117 shares of the industrial products company’s stock worth $9,806,000 after purchasing an additional 1,466 shares during the last quarter. Finally, Adell Harriman & Carpenter Inc. grew its position in Caterpillar by 33.9% in the 4th quarter. Adell Harriman & Carpenter Inc. now owns 3,031 shares of the industrial products company’s stock worth $1,736,000 after purchasing an additional 767 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Caterpillar

In other Caterpillar news, insider Lange Bob De sold 24,222 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $922.92, for a total value of $22,354,968.24. Following the transaction, the insider directly owned 86,029 shares in the company, valued at $79,397,884.68. The trade was a 21.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Denise C. Johnson sold 12,605 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the completion of the transaction, the insider owned 49,825 shares in the company, valued at approximately $45,236,615.75. This trade represents a 20.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 100,551 shares of company stock valued at $91,170,351. 0.33% of the stock is owned by company insiders.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Zacks Research raised multiple Caterpillar earnings forecasts across 2026, 2027 and 2028, signaling stronger expected profitability and supporting a higher valuation for the stock.
• Positive Sentiment: Analysts also increased Caterpillar’s long-term fair value and price targets, reflecting improving growth expectations and suggesting Wall Street sees more upside than before.
• Positive Sentiment: Jim Cramer said Caterpillar is “integral to data center construction,” highlighting a new demand driver tied to AI infrastructure buildout, which could broaden the company’s growth narrative. Article Title
• Positive Sentiment: The company’s “Building Beyond” internship coverage spotlighted Caterpillar’s use of new AI, reinforcing investor interest in its technology and workforce development efforts. Article Title
• Neutral Sentiment: Caterpillar was mentioned in several stock-screening and watchlist articles for industrial, mining, and construction names, which adds visibility but does not by itself change fundamentals.
• Negative Sentiment: One story noted concerns around workforce and tariff issues at a Caterpillar-related facility, which could be a mild headwind if trade or labor costs intensify. Article Title

Wall Street Analyst Weigh In

Several research firms have issued reports on CAT. Royal Bank Of Canada raised their price target on shares of Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Williams Trading set a $825.00 target price on shares of Caterpillar in a research report on Tuesday, March 10th. Jefferies Financial Group lifted their target price on shares of Caterpillar from $900.00 to $1,045.00 and gave the company a “buy” rating in a research report on Friday, May 1st. DA Davidson lifted their target price on shares of Caterpillar from $650.00 to $845.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Finally, HSBC lifted their target price on shares of Caterpillar from $850.00 to $1,100.00 in a research report on Tuesday, May 5th. Sixteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $923.14.

Caterpillar Price Performance

NYSE:CAT opened at $873.91 on Thursday. The firm has a market cap of $402.52 billion, a PE ratio of 43.50, a price-to-earnings-growth ratio of 1.70 and a beta of 1.63. Caterpillar Inc. has a 12 month low of $336.24 and a 12 month high of $931.35. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. The company’s 50-day moving average price is $785.30 and its two-hundred day moving average price is $687.48.

Caterpillar (NYSE:CAT) last released its quarterly 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 firm had revenue of $17.42 billion for the quarter, compared to analyst estimates of $16.53 billion. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The company’s revenue for the quarter was up 22.2% compared to the same quarter last year. During the same period in the previous year, the business earned $4.25 earnings per share. On average, equities analysts anticipate that Caterpillar Inc. will post 24.67 EPS for the current fiscal year.

Caterpillar Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 19th. Shareholders of record on Monday, April 20th were given a $1.51 dividend. The ex-dividend date was Monday, April 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.7%. Caterpillar’s payout ratio is 30.06%.

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.