Caterpillar Inc. $CAT Holdings Raised by Xponance LLC

Xponance LLC grew its stake in shares of Caterpillar Inc. (NYSE:CAT) by 11.8% in the 4th quarter, HoldingsChannel reports. The firm owned 74,942 shares of the industrial products company’s stock after acquiring an additional 7,903 shares during the quarter. Xponance LLC’s holdings in Caterpillar were worth $42,932,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CAT. Wellington Management Group LLP raised its position in Caterpillar by 3,949.8% during the third quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company’s stock valued at $2,494,568,000 after buying an additional 5,098,964 shares during the period. Capital International Investors acquired a new position in Caterpillar in the 4th quarter worth about $1,225,317,000. Northwestern Mutual Wealth Management Co. increased its position in Caterpillar by 573.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,504,612 shares of the industrial products company’s stock worth $861,947,000 after purchasing an additional 1,281,087 shares during the last quarter. Amundi increased its position in Caterpillar by 24.3% in the 3rd quarter. Amundi now owns 2,375,710 shares of the industrial products company’s stock worth $1,176,870,000 after purchasing an additional 464,036 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Caterpillar by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 46,385,185 shares of the industrial products company’s stock worth $26,572,681,000 after purchasing an additional 442,164 shares during the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Key Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar announced an 8% increase in its quarterly dividend to $1.63 per share, extending its dividend growth streak to 32 straight years. That signals confidence in cash flow and may be encouraging income-focused investors. Caterpillar Inc. Increases Dividend
• Positive Sentiment: Several recent writeups highlighted Caterpillar as a momentum/strong-buy candidate, with Zacks including CAT on its Rank #1 momentum list. That can add near-term sentiment support. Best Momentum Stocks to Buy for June 11th
• Positive Sentiment: Analysts at Erste Group raised FY2026 and FY2027 earnings estimates for Caterpillar, reflecting expectations for continued earnings growth. Higher estimates can help justify the stock’s elevated valuation. Caterpillar Inc. analyst estimate update
• Neutral Sentiment: Caterpillar was also mentioned in a report about an Austal and Caterpillar global value agreement, but the article details provided do not indicate a major financial impact on CAT. Austal and Caterpillar in Global Value Agreement
• Negative Sentiment: Some market commentary warned that Caterpillar may face a reversal risk because its recent rally has pushed the stock to a rich valuation and formed a potentially bearish technical pattern. That could limit further upside. Caterpillar stock faces a major risk of a reversal amid valuation risks
• Negative Sentiment: One market note said CAT was among the stocks weighing on the Dow during a broad market selloff, suggesting some of the stock’s recent move may be tied to overall volatility rather than company-specific weakness. Dow’s 663-point drop led by losses for shares of Caterpillar, Honeywell

Caterpillar Stock Performance

Shares of NYSE CAT opened at $898.14 on Friday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. The firm has a market cap of $413.68 billion, a price-to-earnings ratio of 44.71, a P/E/G ratio of 1.69 and a beta of 1.59. The business’s 50-day simple moving average is $848.24 and its 200-day simple moving average is $725.35. Caterpillar Inc. has a 52 week low of $355.70 and a 52 week high of $946.83.

Caterpillar (NYSE:CAT) last announced its earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, beating the consensus estimate of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The firm had revenue of $17.42 billion during the quarter, compared to the consensus estimate of $16.53 billion. During the same quarter in the prior year, the company earned $4.25 EPS. The firm’s revenue for the quarter was up 22.2% compared to the same quarter last year. As a group, equities research analysts expect that Caterpillar Inc. will post 24.69 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Monday, July 20th will be paid a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 0.7%. The ex-dividend date is Monday, July 20th. This is a positive change from Caterpillar’s previous quarterly dividend of $1.51. Caterpillar’s dividend payout ratio is currently 30.06%.

Insider Activity

In related news, insider Denise C. Johnson sold 12,605 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the completion of the sale, the insider owned 49,825 shares in the company, valued at $45,236,615.75. This represents a 20.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Anthony D. Fassino sold 16,283 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $916.80, for a total value of $14,928,254.40. Following the sale, the insider owned 46,041 shares of the company’s stock, valued at approximately $42,210,388.80. The trade was a 26.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 95,773 shares of company stock worth $87,642,635 over the last 90 days. Company insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Evercore reaffirmed an “outperform” rating and issued a $1,103.00 target price on shares of Caterpillar in a research report on Monday, May 11th. HSBC upped their target price on Caterpillar from $850.00 to $1,100.00 in a research report on Tuesday, May 5th. Williams Trading set a $825.00 target price on Caterpillar in a research report on Tuesday, March 10th. Jefferies Financial Group increased their price objective on Caterpillar from $900.00 to $1,045.00 and gave the company a “buy” rating in a report on Friday, May 1st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Caterpillar in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $933.27.

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.