Strive Asset Management LLC Purchases New Shares in Caterpillar Inc. $CAT

Strive Asset Management LLC acquired a new position in Caterpillar Inc. (NYSE:CAT) in the third quarter, Holdings Channel reports. The institutional investor acquired 227,015 shares of the industrial products company’s stock, valued at approximately $108,320,000. Caterpillar makes up approximately 3.6% of Strive Asset Management LLC’s portfolio, making the stock its 7th largest position.

Several other hedge funds have also recently made changes to their positions in the business. Kilter Group LLC bought a new stake in shares of Caterpillar in the 2nd quarter valued at approximately $27,000. Marquette Asset Management LLC increased its position in Caterpillar by 1,060.0% during the third quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 53 shares during the last quarter. RiverPark Advisors LLC purchased a new stake in shares of Caterpillar in the second quarter valued at $32,000. Joseph Group Capital Management bought a new stake in shares of Caterpillar in the 3rd quarter worth about $32,000. Finally, Vermillion & White Wealth Management Group LLC boosted its stake in shares of Caterpillar by 107.0% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 89 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 46 shares during the period. 70.98% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Caterpillar

In related news, insider Anthony D. Fassino sold 7,891 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $776.90, for a total transaction of $6,130,517.90. Following the completion of the sale, the insider owned 46,643 shares of the company’s stock, valued at $36,236,946.70. This represents a 14.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Rodney Michael Shurman sold 2,278 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $759.61, for a total transaction of $1,730,391.58. Following the completion of the sale, the insider owned 1,443 shares of the company’s stock, valued at approximately $1,096,117.23. This trade represents a 61.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 133,450 shares of company stock valued at $92,530,665 over the last 90 days. Company insiders own 0.33% of the company’s stock.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: High-profile endorsement — Jim Cramer called Caterpillar “a total straight shooter,” putting CAT in his weekly game plan and highlighting the company’s CONEXPO presence, which can boost retail investor interest and sentiment. Jim Cramer on Caterpillar: “A Total Straight Shooter”
• Positive Sentiment: Product and tech showcase at CONEXPO — Caterpillar unveiled new compact equipment (including a compact-radius excavator and the TUL100 compact utility loader), expanded AI/autonomy, rentals and connected-fleet solutions that support higher-margin services and recurring revenue. Those launches reinforce growth avenues beyond equipment sales. Caterpillar Transforms the Construction Worksite with Advanced Technology, Services and Solutions at CONEXPO-CON/AGG 2026
• Positive Sentiment: New compact models — additional coverage details demand for compact-radius excavators and the launch of the TUL100 expand Caterpillar’s addressable market in smaller jobsite segments, supporting unit growth and aftermarket service opportunities. Caterpillar Sees More Demand for Compact Radius Excavators, Releases New Model Caterpillar Enters Compact Utility Loader Market with TUL100
• Neutral Sentiment: Software and backlog update — Caterpillar expanded its mining software offerings amid a record backlog and a rail deal; software and services support higher margins, but the report flagged that these shifts also “reshape risks” (execution and integration). Investors should watch margin mix and backlog conversion. Caterpillar Expands Mining Software As Record Backlog And Rail Deal Reshape Risks
• Neutral Sentiment: Publicity item (pickup truck) — A media piece clarifies Caterpillar’s branded pickup effort isn’t a consumer pickup launch in the way social buzz expected; more PR than material product-market shift. Limited direct impact on fundamentals. The Caterpillar Pickup Truck Is Real, But It’s Not What People Were Hoping For
• Negative Sentiment: Valuation and momentum checks — Several pieces question whether CAT’s strong multi‑year rally has outpaced fundamentals and whether momentum is sustainable; high P/E and strong recent gains introduce risk of pullback if demand or margins soften. Has Caterpillar (CAT) Rallied Too Far After Strong Multi Year Share Price Gains Can Caterpillar’s Momentum Continue in 2026 and Beyond?
• Neutral Sentiment: Talent and PR — Recognition of top technicians (Cleburne’s Garrett Mahaffey) supports brand and service reputation but is unlikely to move results materially. Cleburne’s Garrett Mahaffey among world’s top Caterpillar technicians

Caterpillar Trading Up 1.4%

NYSE:CAT opened at $753.49 on Tuesday. The firm has a 50-day simple moving average of $671.21 and a 200-day simple moving average of $568.04. Caterpillar Inc. has a one year low of $267.30 and a one year high of $789.81. The firm has a market cap of $350.59 billion, a P/E ratio of 40.04, a P/E/G ratio of 1.76 and a beta of 1.53. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. Caterpillar’s revenue was up 17.9% compared to the same quarter last year. During the same period last year, the company posted $5.14 earnings per share. Equities analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Tuesday, January 20th were paid a dividend of $1.51 per share. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Tuesday, January 20th. Caterpillar’s dividend payout ratio is 32.09%.

Analysts Set New Price Targets

Several brokerages have issued reports on CAT. CICC Research started coverage on Caterpillar in a research report on Friday, February 6th. They set an “outperform” rating for the company. Wall Street Zen cut Caterpillar from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Citigroup increased their target price on Caterpillar from $710.00 to $760.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Robert W. Baird set a $805.00 price target on shares of Caterpillar in a report on Friday, January 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Caterpillar in a research report on Monday, December 29th. Sixteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Caterpillar has a consensus rating of “Moderate Buy” and an average target price of $712.52.

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.