Vestcor Inc Has $6.47 Million Stock Holdings in Caterpillar Inc. $CAT

Vestcor Inc decreased its position in Caterpillar Inc. (NYSE:CAT) by 24.7% during the 3rd quarter, Holdings Channel reports. The firm owned 13,549 shares of the industrial products company’s stock after selling 4,433 shares during the quarter. Vestcor Inc’s holdings in Caterpillar were worth $6,465,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Pacific Point Advisors LLC acquired a new stake in shares of Caterpillar during the fourth quarter worth approximately $579,000. Brighton Jones LLC raised its stake in shares of Caterpillar by 51.5% in the fourth quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock valued at $2,688,000 after acquiring an additional 2,519 shares during the last quarter. United Bank boosted its holdings in shares of Caterpillar by 108.5% in the 2nd quarter. United Bank now owns 4,083 shares of the industrial products company’s stock worth $1,585,000 after acquiring an additional 2,125 shares in the last quarter. Schnieders Capital Management LLC. grew its position in Caterpillar by 3.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company’s stock worth $3,551,000 after acquiring an additional 347 shares during the last quarter. Finally, AE Wealth Management LLC increased its holdings in Caterpillar by 5.7% during the 2nd quarter. AE Wealth Management LLC now owns 19,876 shares of the industrial products company’s stock valued at $7,716,000 after purchasing an additional 1,075 shares in the last quarter. 70.98% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Andrew R. J. Bonfield sold 10,000 shares of Caterpillar stock in a transaction that occurred on 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 in the company, valued at approximately $26,142,227.60. The trade was a 18.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Anthony D. Fassino sold 10,671 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $680.45, for a total value of $7,261,081.95. Following the completion of the sale, the insider 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 disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 135,950 shares of company stock valued at $94,327,990. 0.33% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on CAT. Evercore lifted their price objective on Caterpillar from $476.00 to $630.00 and gave the company an “outperform” rating in a research report on Monday, November 17th. Argus raised their target price on Caterpillar from $625.00 to $820.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Rothschild & Co Redburn lifted their price target on Caterpillar from $650.00 to $700.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Jefferies Financial Group upped their price target on shares of Caterpillar from $785.00 to $825.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Citigroup increased their price objective on shares of Caterpillar from $760.00 to $785.00 and gave the stock a “buy” rating in a report on Monday. Sixteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $726.00.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Multiple analyst price‑target raises lift the outlook and signal upside potential; Citigroup bumped its target to $785 and reiterated a Buy rating, implying further upside from current levels. Article Title MarketScreener
• Positive Sentiment: Additional published price‑target increases (to $817 and $825) further underpin analyst confidence and provide explicit upside benchmarks for investors. Price Target $817 Price Target $825
• Positive Sentiment: Product and tech innovation headlines — including a new heavy electric‑drive dozer and AI/autonomous jobsite showcases at CONEXPO — support a re‑rating toward higher valuation multiples if execution and adoption continue. Electric Dozer AI Jobsite Tech
• Positive Sentiment: Positive media/analyst features (Zacks, Motley Fool) frame CAT as a long‑term favorite and list reasons to buy, reinforcing investor interest and momentum narratives. Zacks Fool
• Neutral Sentiment: Forbes highlights a short‑term pullback from recent highs and debates buy‑the‑dip vs. profit‑taking; useful for traders weighing entry timing but not a change to the company’s fundamentals. Forbes
• Neutral Sentiment: Zacks Market Edge highlighted Caterpillar among notable names — additional visibility but no new company guidance reported. Zacks Market Edge
• Negative Sentiment: Insider selling: the CEO sold about $1.8M of stock; outlets note this activity and it has prompted intraday weakness in some reports — a potential near‑term headwind for sentiment. Insider Sale Trading Down Article

Caterpillar Stock Performance

Shares of CAT stock opened at $704.10 on Tuesday. The company’s fifty day simple moving average is $683.98 and its 200-day simple moving average is $578.41. Caterpillar Inc. has a 12 month low of $267.30 and a 12 month high of $789.81. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The firm has a market cap of $327.61 billion, a PE ratio of 37.41, a P/E/G ratio of 1.61 and a beta of 1.53.

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

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Tuesday, January 20th were issued a dividend of $1.51 per share. The ex-dividend date was Tuesday, January 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.9%. Caterpillar’s dividend payout ratio (DPR) is presently 32.09%.

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.