752 Shares in Caterpillar Inc. $CAT Purchased by SGL Investment Advisors Inc.

SGL Investment Advisors Inc. acquired a new position in Caterpillar Inc. (NYSE:CAT) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 752 shares of the industrial products company’s stock, valued at approximately $431,000.

A number of other large investors have also modified their holdings of the company. Principle Wealth Partners LLC increased its holdings in shares of Caterpillar by 1.5% in the 4th quarter. Principle Wealth Partners LLC now owns 21,733 shares of the industrial products company’s stock worth $12,450,000 after acquiring an additional 324 shares during the period. Keudell Morrison Wealth Management acquired a new stake in shares of Caterpillar in the 4th quarter worth about $3,427,000. Ignite Planners LLC increased its holdings in shares of Caterpillar by 2.5% in the 4th quarter. Ignite Planners LLC now owns 6,759 shares of the industrial products company’s stock worth $3,872,000 after acquiring an additional 165 shares during the period. Axxcess Wealth Management LLC increased its holdings in shares of Caterpillar by 320.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 91,785 shares of the industrial products company’s stock worth $52,582,000 after acquiring an additional 69,969 shares during the period. Finally, Texas Bank & Trust Co increased its holdings in shares of Caterpillar by 2.5% in the 4th quarter. Texas Bank & Trust Co now owns 779 shares of the industrial products company’s stock worth $446,000 after acquiring an additional 19 shares during the period. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s Power & Energy business is being highlighted as a major growth opportunity, with rising backlog, capacity expansion, and demand from AI data centers supporting the company’s longer-term targets. Article Title
• Positive Sentiment: Separate coverage is reinforcing Caterpillar as a “power infrastructure play,” helped by a strategic framework agreement tied to up to 2.1 gigawatts of incremental power-generation assets, which suggests additional demand beyond its core construction and mining equipment businesses. Article Title
• Positive Sentiment: Caterpillar was also mentioned among the stocks helping drive a strong Dow rally, indicating broader investor demand for the name during today’s market advance. Article Title
• Neutral Sentiment: Caterpillar was included in a hedge-fund stock screen, which may reflect institutional interest, but the item did not add a clear new catalyst by itself. Article Title

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. DA Davidson increased their price objective on shares of Caterpillar from $650.00 to $845.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Williams Trading set a $825.00 price objective on shares of Caterpillar in a report on Tuesday, March 10th. Truist Financial set a $1,043.00 target price on shares of Caterpillar in a research note on Friday, May 1st. UBS Group reissued a “neutral” rating and set a $677.00 target price on shares of Caterpillar in a research note on Monday, February 2nd. Finally, Royal Bank Of Canada raised their target price on shares of Caterpillar from $587.00 to $658.00 and gave the company a “sector perform” rating in a research note on Friday, January 30th. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $923.14.

Caterpillar Stock Performance

Shares of CAT opened at $880.23 on Friday. The firm’s 50 day moving average is $791.73 and its 200-day moving average is $690.84. The stock has a market capitalization of $405.42 billion, a P/E ratio of 43.81, a P/E/G ratio of 1.71 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 Inc. has a 12-month low of $336.24 and a 12-month high of $931.35.

Caterpillar (NYSE:CAT) last released its earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, topping the consensus estimate of $4.65 by $0.89. The business had revenue of $17.42 billion for the quarter, compared to the consensus estimate of $16.53 billion. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The firm’s quarterly revenue was up 22.2% compared to the same quarter last year. During the same period last year, the firm posted $4.25 earnings per share. Equities research analysts anticipate that Caterpillar Inc. will post 24.67 EPS for the current fiscal year.

Caterpillar Announces Dividend

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

Insiders Place Their Bets

In other news, insider Denise C. Johnson sold 12,605 shares of Caterpillar stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $907.91, for a total value of $11,444,205.55. Following the transaction, the insider directly owned 49,825 shares of the company’s stock, valued at $45,236,615.75. This trade represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of Caterpillar stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the completion of the transaction, the chief financial officer directly owned 52,935 shares in the company, valued at approximately $48,631,913.85. This trade represents a 22.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 100,551 shares of company stock valued at $91,170,351 over the last 90 days. 0.33% of the stock is owned by corporate insiders.

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.