Caterpillar Inc. $CAT Position Lessened by HHM Wealth Advisors LLC

HHM Wealth Advisors LLC lowered its position in Caterpillar Inc. (NYSE:CAT) by 11.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,097 shares of the industrial products company’s stock after selling 657 shares during the quarter. Caterpillar makes up approximately 0.4% of HHM Wealth Advisors LLC’s holdings, making the stock its 21st biggest position. HHM Wealth Advisors LLC’s holdings in Caterpillar were worth $3,611,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Torren Management LLC bought a new stake in shares of Caterpillar in the 4th quarter valued at approximately $27,000. Frazier Financial Advisors LLC lifted its stake in Caterpillar by 220.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 33 shares during the last quarter. IFS Advisors LLC bought a new stake in Caterpillar in the fourth quarter worth approximately $31,000. Cornerstone Financial Management LLC bought a new stake in Caterpillar in the fourth quarter worth approximately $32,000. Finally, Rialto Wealth Management LLC increased its stake in shares of Caterpillar by 47.4% during the 4th quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 18 shares during the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on CAT. UBS Group reaffirmed a “neutral” rating and issued a $900.00 price objective on shares of Caterpillar in a research note on Tuesday, June 2nd. Daiwa Securities Group increased their target price on shares of Caterpillar from $790.00 to $900.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. JPMorgan Chase & Co. boosted their price target on Caterpillar from $1,125.00 to $1,165.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 17th. DA Davidson upped their price target on Caterpillar from $650.00 to $845.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Finally, Zacks Research raised Caterpillar from a “hold” rating to a “strong-buy” rating in a report on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Caterpillar has an average rating of “Moderate Buy” and an average price target of $939.86.

Insiders Place Their Bets

In related news, CFO Andrew R. J. Bonfield sold 15,674 shares of Caterpillar stock in a transaction dated 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 sale, the chief financial officer directly owned 52,935 shares of the company’s stock, valued at $48,631,913.85. This trade represents a 22.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 owned 86,029 shares in the company, valued at $79,397,884.68. This represents a 21.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 95,773 shares of company stock valued at $87,642,635 in the last quarter. 0.33% of the stock is currently owned by insiders.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar is being linked to the AI buildout after reports said its Solar Turbines unit is helping supply equipment for Chevron and Microsoft’s massive West Texas data center power project, highlighting new long-term demand for power-generation gear. Caterpillar (CAT) Lands Key Role In Chevron Microsoft AI Data Center Build
• Positive Sentiment: CAT’s record $63 billion backlog, up 79% year over year, suggests sustained demand and gives investors more confidence in revenue visibility and 2026 sales growth. CAT’s Record Backlog: A Sign of Sustained Demand Strength?
• Positive Sentiment: Analysts and market commentary continue to highlight Caterpillar as a top industrial stock, with industrial production improving and Caterpillar cited among names benefiting from the broader manufacturing upcycle. Industrial Production Rises Amid Inflation Woes: 4 Stocks to Grab
• Positive Sentiment: Market coverage says Caterpillar’s stock has hit a milestone above $1,000 and remains one of the standout winners in the industrial rally, reinforcing momentum-focused buying. Caterpillar’s stock hits a milestone as AI-fueled industrials rally sweeps up Wall Street
• Neutral Sentiment: Caterpillar Foundation news about extending STEM education and workforce-readiness collaboration is positive for the company’s reputation, but it is unlikely to move the stock much on its own. Project Lead The Way and Caterpillar Foundation Extend Collaboration to Advance STEM Education and Workforce Readiness
• Neutral Sentiment: Additional articles about Caterpillar’s long-term quality, investor attention, and record run mostly reinforce the bullish narrative rather than add a new catalyst. Industrial Production Rises Amid Inflation Woes: 4 Stocks to Grab

Caterpillar Stock Down 3.5%

CAT opened at $986.44 on Wednesday. The business has a 50 day moving average of $883.64 and a 200-day moving average of $747.45. The stock has a market capitalization of $454.34 billion, a price-to-earnings ratio of 49.10, a P/E/G ratio of 2.02 and a beta of 1.59. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64. Caterpillar Inc. has a 1-year low of $367.92 and a 1-year high of $1,023.29.

Caterpillar (NYSE:CAT) last released its earnings results on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating the consensus estimate of $4.65 by $0.89. The firm had revenue of $17.41 billion during the quarter, compared to analysts’ expectations of $16.53 billion. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The business’s quarterly revenue was up 22.2% compared to the same quarter last year. During the same period in the prior year, the company earned $4.25 EPS. As a group, sell-side analysts anticipate that Caterpillar Inc. will post 24.64 earnings per share for the current year.

Caterpillar Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be given a dividend of $1.63 per share. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, July 20th. Caterpillar’s dividend payout ratio (DPR) is currently 30.06%.

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.