Stenger Family Office LLC Boosts Stock Position in Caterpillar Inc. $CAT

Stenger Family Office LLC boosted its stake in shares of Caterpillar Inc. (NYSE:CAT) by 10.5% in the first quarter, Holdings Channel reports. The institutional investor owned 11,140 shares of the industrial products company’s stock after purchasing an additional 1,063 shares during the period. Caterpillar accounts for approximately 1.4% of Stenger Family Office LLC’s portfolio, making the stock its 17th biggest position. Stenger Family Office LLC’s holdings in Caterpillar were worth $7,892,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Caterpillar by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 46,385,185 shares of the industrial products company’s stock worth $26,572,681,000 after buying an additional 442,164 shares in the last quarter. State Street Corp increased its position in shares of Caterpillar by 1.1% during the fourth quarter. State Street Corp now owns 35,388,550 shares of the industrial products company’s stock valued at $20,273,039,000 after acquiring an additional 385,204 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Caterpillar by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 10,610,182 shares of the industrial products company’s stock valued at $6,072,572,000 after acquiring an additional 94,524 shares in the last quarter. Fisher Asset Management LLC raised its holdings in Caterpillar by 0.6% in the 4th quarter. Fisher Asset Management LLC now owns 9,493,266 shares of the industrial products company’s stock worth $5,438,408,000 after acquiring an additional 54,069 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in Caterpillar by 16.0% in the 4th quarter. Bank of America Corp DE now owns 6,738,802 shares of the industrial products company’s stock valued at $3,860,457,000 after acquiring an additional 928,974 shares in the last quarter. 70.98% of the stock is owned by institutional investors.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar expanded its mining technology portfolio by acquiring Skycatch, adding near-real-time spatial data, processing, and AI tools that could improve mine safety, planning, and productivity. Caterpillar expands mining technology capabilities with Skycatch acquisition
• Positive Sentiment: The company is reportedly eyeing a multimillion-dollar expansion of its global headquarters, which may signal continued investment and long-term growth confidence. Caterpillar eyes multimillion-dollar global headquarters expansion
• Positive Sentiment: Analysts highlighted Caterpillar’s capital-return profile, including dividends and buybacks, as a reason the stock remains attractive to income-focused investors. Why Caterpillar’s (CAT) Dividend Hike and Buybacks Make Capital-Return Mix Central to Its Tax Profile
• Neutral Sentiment: Market commentary notes that industrial stocks have been leading in 2026, with Caterpillar benefiting from themes like AI infrastructure spending and defense demand, but the broader ETF discussion is not a direct company catalyst. Industrials Are Leading in 2026, But These ETFs Take Different Routes (CAT)
• Neutral Sentiment: Several articles compared CAT with peers or discussed its long-term positioning as an industrial bellwether, which adds context but does not materially change the near-term outlook. TEX vs. CAT: Which Stock Is the Better Value Option?
• Negative Sentiment: Some coverage pointed to shares falling after the Skycatch deal, suggesting investors may be questioning the valuation or immediate payoff from the acquisition. Caterpillar (CAT) Stock Falls 5% Following Skycatch AI Mining Acquisition
• Negative Sentiment: Michael Burry reportedly initiated a short position in Caterpillar, which could weigh on sentiment even though some commentary argued investors should not overreact. Michael Burry Is Shorting Caterpillar Stock for the First Time. Why You Shouldn’t Rush to Do the Same.

Analyst Ratings Changes

A number of analysts have commented on CAT shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Caterpillar in a report on Friday, May 8th. Robert W. Baird upped their price target on Caterpillar from $1,165.00 to $1,200.00 and gave the company an “outperform” rating in a report on Friday, June 26th. Daiwa Securities Group increased their price objective on Caterpillar from $790.00 to $900.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Argus boosted their target price on Caterpillar from $820.00 to $990.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Citigroup raised their price target on shares of Caterpillar from $905.00 to $1,020.00 and gave the company a “buy” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Caterpillar presently has a consensus rating of “Moderate Buy” and a consensus target price of $970.81.

Caterpillar Stock Performance

Shares of CAT opened at $949.07 on Thursday. The firm has a market capitalization of $437.13 billion, a P/E ratio of 47.24, a PEG ratio of 1.85 and a beta of 1.57. 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 one year low of $396.88 and a one year high of $1,073.46. The business has a fifty day moving average of $925.59 and a 200 day moving average of $778.34.

Caterpillar (NYSE:CAT) last announced its earnings results 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. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The business had revenue of $17.41 billion for the quarter, compared to analysts’ expectations of $16.53 billion. During the same period last year, the firm posted $4.25 earnings per share. The business’s revenue for the quarter was up 22.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Caterpillar Inc. will post 24.71 EPS for the current 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 given a dividend of $1.63 per share. This represents a $6.52 annualized dividend and a yield of 0.7%. This is a positive change from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date is Monday, July 20th. Caterpillar’s dividend payout ratio (DPR) is presently 30.06%.

Insider Buying and Selling at Caterpillar

In other Caterpillar news, CFO Andrew R. J. Bonfield sold 15,674 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $918.71, for a total value of $14,399,860.54. Following 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Denise C. Johnson sold 12,605 shares of Caterpillar stock in a transaction 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 transaction, 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 SEC filing for this sale provides additional information. Insiders sold 95,773 shares of company stock valued at $87,642,635 in the last quarter. Insiders own 0.33% of the company’s stock.

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.