NEOS Investment Management LLC Increases Position in Caterpillar Inc. $CAT

NEOS Investment Management LLC grew its holdings in Caterpillar Inc. (NYSE:CAT) by 62.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,788 shares of the industrial products company’s stock after purchasing an additional 31,588 shares during the quarter. NEOS Investment Management LLC’s holdings in Caterpillar were worth $39,025,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Fisher Asset Management LLC grew its holdings in Caterpillar by 2.3% in the 2nd quarter. Fisher Asset Management LLC now owns 9,418,321 shares of the industrial products company’s stock valued at $3,656,286,000 after buying an additional 208,196 shares in the last quarter. Norges Bank acquired a new position in shares of Caterpillar during the 2nd quarter valued at about $2,165,899,000. Bank of New York Mellon Corp grew its holdings in shares of Caterpillar by 20.7% in the third quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock valued at $1,695,757,000 after purchasing an additional 609,023 shares during the period. Charles Schwab Investment Management Inc. increased its position in Caterpillar by 1.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 3,337,915 shares of the industrial products company’s stock worth $1,295,432,000 after purchasing an additional 33,467 shares during the last quarter. Finally, Invesco Ltd. increased its position in Caterpillar by 4.5% during the second quarter. Invesco Ltd. now owns 3,282,720 shares of the industrial products company’s stock worth $1,274,385,000 after purchasing an additional 140,784 shares during the last quarter. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar is being positioned as a supplier to the AI/data‑center buildout (generators, power systems and site infrastructure), which traders interpret as a structural growth tailwind beyond traditional construction and mining cycles. Caterpillar Rides AI Data Center Boom As Earnings Story Evolves
• Positive Sentiment: Public radio piece highlights how a century-old industrial firm (Caterpillar) is providing power solutions that high‑tech data centers need, reinforcing the narrative that CAT can capture durable aftermarket and electrification revenue from the data‑center market. High-tech data centers get a powerful assist from a century-old company
• Positive Sentiment: Recent quarterly results showed an earnings and revenue beat with strong margins (EPS and revenue above consensus; year‑over‑year revenue growth), supporting the thesis that Caterpillar’s profit outlook can improve as demand mix shifts. (Company results released Jan. 29; investors cite improved ROE and margin metrics.)
• Neutral Sentiment: Coverage in a dividend‑stock roundup frames long‑term income investors’ interest in durable, cash‑generating industrials; this may attract dividend‑focused buyers but is unlikely to move the stock materially by itself. 2 Dividend Stocks to Hold for the Next 10 Years
• Negative Sentiment: Zacks Research lowered Q2 EPS estimates for Caterpillar, introducing short‑term downside risk to the shares if revisions continue; this helps explain some analyst caution despite the data‑center narrative. Q2 EPS Estimates for Caterpillar Lowered by Zacks Research
• Negative Sentiment: Valuation is relatively rich (high P/E versus historical averages), so the stock’s upside could be sensitive to any slowdown in end markets or further estimate cuts; watch upcoming guidance and analyst revisions.

Analysts Set New Price Targets

Several analysts have recently weighed in on CAT shares. CICC Research assumed coverage on shares of Caterpillar in a research note on Friday, February 6th. They issued an “outperform” rating for the company. Rothschild & Co Redburn increased their price objective on Caterpillar from $650.00 to $700.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Bank of America raised their target price on Caterpillar from $735.00 to $825.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Robert W. Baird set a $805.00 price target on Caterpillar in a research note on Friday, January 30th. Finally, Citigroup raised their price objective on Caterpillar from $710.00 to $760.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Sixteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and a consensus target price of $702.95.

Insider Buying and Selling

In other news, CFO Andrew R. J. Bonfield sold 10,000 shares of the business’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $575.06, for a total transaction of $5,750,600.00. Following the completion of the transaction, the chief financial officer directly owned 45,460 shares of the company’s stock, valued at approximately $26,142,227.60. The trade was a 18.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Anthony D. Fassino sold 10,671 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $680.45, for a total transaction of $7,261,081.95. Following the completion of the sale, the insider directly owned 41,151 shares in the company, valued at approximately $28,001,197.95. This trade represents a 20.59% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 130,545 shares of company stock worth $88,294,733. 0.33% of the stock is owned by corporate insiders.

Caterpillar Trading Up 2.1%

NYSE CAT opened at $774.37 on Tuesday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. The firm has a market cap of $362.39 billion, a price-to-earnings ratio of 41.15, a PEG ratio of 1.83 and a beta of 1.58. The firm has a 50 day simple moving average of $637.66 and a 200-day simple moving average of $544.34. Caterpillar Inc. has a one year low of $267.30 and a one year high of $789.81.

Caterpillar (NYSE:CAT) last released its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.67 by $0.49. The company had revenue of $19.13 billion for the quarter, compared to analyst estimates of $17.81 billion. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The firm’s quarterly revenue was up 17.9% on a year-over-year basis. During the same period in the prior year, the business earned $5.14 EPS. Equities research analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be issued a dividend of $1.51 per share. The ex-dividend date is Tuesday, January 20th. This represents a $6.04 annualized dividend and a yield of 0.8%. Caterpillar’s dividend payout ratio is 32.09%.

Caterpillar Company 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.