SJS Investment Consulting Inc. Cuts Stock Position in Caterpillar Inc. $CAT

SJS Investment Consulting Inc. lessened its position in shares of Caterpillar Inc. (NYSE:CAT) by 41.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,388 shares of the industrial products company’s stock after selling 986 shares during the quarter. SJS Investment Consulting Inc.’s holdings in Caterpillar were worth $983,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CAT. Moss Adams Wealth Advisors LLC boosted its stake in Caterpillar by 6.5% in the first quarter. Moss Adams Wealth Advisors LLC now owns 1,393 shares of the industrial products company’s stock valued at $987,000 after acquiring an additional 85 shares in the last quarter. Private Wealth Management Group LLC increased its position in shares of Caterpillar by 32.2% during the first quarter. Private Wealth Management Group LLC now owns 197 shares of the industrial products company’s stock worth $140,000 after purchasing an additional 48 shares in the last quarter. Drucker Wealth 3.0 LLC lifted its holdings in shares of Caterpillar by 5.8% during the 1st quarter. Drucker Wealth 3.0 LLC now owns 905 shares of the industrial products company’s stock valued at $641,000 after purchasing an additional 50 shares during the last quarter. EWA LLC boosted its position in shares of Caterpillar by 19.0% in the 1st quarter. EWA LLC now owns 1,064 shares of the industrial products company’s stock worth $754,000 after purchasing an additional 170 shares in the last quarter. Finally, Fairway Wealth LLC purchased a new position in Caterpillar during the 1st quarter worth $472,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Insiders Place Their Bets

In other news, insider Anthony D. Fassino sold 16,283 shares of the stock in a transaction 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 in the company, valued at $42,210,388.80. This represents a 26.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer directly owned 52,935 shares of the company’s stock, valued at approximately $48,631,913.85. This trade represents a 22.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 95,773 shares of company stock worth $87,642,635. Company insiders own 0.33% of the company’s stock.

Caterpillar Stock Up 3.6%

Caterpillar stock opened at $1,033.40 on Tuesday. The business’s 50-day simple moving average is $902.63 and its two-hundred day simple moving average is $759.31. 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 company has a market cap of $475.97 billion, a PE ratio of 51.44, a PEG ratio of 1.97 and a beta of 1.59. Caterpillar Inc. has a fifty-two week low of $384.25 and a fifty-two week high of $1,057.07.

Caterpillar (NYSE:CAT) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, topping 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 return on equity of 48.21% and a net margin of 13.33%.The company’s revenue for the quarter was up 22.2% compared to the same quarter last year. During the same period last year, the business posted $4.25 earnings per share. Equities analysts anticipate that Caterpillar Inc. will post 24.66 EPS for the current year.

Caterpillar Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders 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 0.6%. 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 (DPR) is presently 30.06%.

Analysts Set New Price Targets

Several brokerages recently issued reports on CAT. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Caterpillar in a research report on Friday, May 8th. UBS Group restated a “neutral” rating and set a $900.00 price target on shares of Caterpillar in a research note on Tuesday, June 2nd. Oppenheimer set a $980.00 price objective on shares of Caterpillar and gave the company an “outperform” rating in a report on Friday, May 1st. Evercore reiterated an “outperform” rating and issued a $1,103.00 target price on shares of Caterpillar in a research note on Monday, May 11th. Finally, Sanford C. Bernstein boosted their target price on shares of Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Caterpillar currently has an average rating of “Moderate Buy” and an average target price of $941.45.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Zacks Research raised its Q3 EPS estimates for Caterpillar, reinforcing the view that earnings momentum may remain strong. Q3 EPS Estimates for Caterpillar Raised by Zacks Research
• Positive Sentiment: Coverage highlighting Caterpillar’s “unprecedented valuation” tied to the AI infrastructure buildout suggests investors are paying up for CAT’s exposure to data center, power, and heavy equipment demand. Caterpillar Hits Unprecedented Valuation Amid AI Infrastructure Surge
• Positive Sentiment: Analyst roundups continue to list Caterpillar among favored industrial names, implying the stock remains a preferred pick despite broader sector caution. Zacks Analyst Blog Highlights Caterpillar
• Neutral Sentiment: Industry commentary says the construction and mining equipment sector faces headwinds, but Caterpillar is still viewed as one of the names worth watching. 3 Construction & Mining Equipment Stocks Braving Industry Headwinds

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.