Prime Capital Investment Advisors LLC increased its position in shares of Caterpillar Inc. (NYSE:CAT – Free Report) by 7.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 27,344 shares of the industrial products company’s stock after purchasing an additional 1,797 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Caterpillar were worth $15,665,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in CAT. Illinois Municipal Retirement Fund increased its holdings in shares of Caterpillar by 7.3% in the third quarter. Illinois Municipal Retirement Fund now owns 17,262 shares of the industrial products company’s stock valued at $8,237,000 after purchasing an additional 1,181 shares during the last quarter. Union Bancaire Privee UBP SA increased its holdings in shares of Caterpillar by 155.9% in the third quarter. Union Bancaire Privee UBP SA now owns 47,231 shares of the industrial products company’s stock valued at $21,014,000 after purchasing an additional 28,773 shares during the last quarter. Caprock Group LLC acquired a new position in shares of Caterpillar in the third quarter valued at $8,893,000. ZEGA Investments LLC increased its holdings in shares of Caterpillar by 149.6% in the third quarter. ZEGA Investments LLC now owns 4,184 shares of the industrial products company’s stock valued at $1,996,000 after purchasing an additional 2,508 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its position in shares of Caterpillar by 2.5% in the third quarter. State of New Jersey Common Pension Fund D now owns 165,677 shares of the industrial products company’s stock valued at $79,053,000 after acquiring an additional 4,010 shares during the period. 70.98% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
CAT has been the subject of a number of recent research reports. Raymond James Financial reissued a “market perform” rating on shares of Caterpillar in a research report on Wednesday, January 7th. Truist Financial boosted their target price on shares of Caterpillar from $729.00 to $786.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Williams Trading set a $825.00 target price on shares of Caterpillar in a research report on Tuesday, March 10th. Wells Fargo & Company boosted their target price on shares of Caterpillar from $756.00 to $870.00 and gave the company an “overweight” rating in a research report on Wednesday, February 25th. Finally, Wolfe Research boosted their target price on shares of Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Sixteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $737.55.
Caterpillar Trading Up 6.5%
CAT opened at $771.46 on Thursday. Caterpillar Inc. has a twelve month low of $269.13 and a twelve month high of $789.81. The company has a 50-day simple moving average of $721.47 and a 200 day simple moving average of $619.87. 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 stock has a market capitalization of $358.95 billion, a price-to-earnings ratio of 40.99, a P/E/G ratio of 1.69 and a beta of 1.52.
Caterpillar (NYSE:CAT – Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, topping 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 quarter in the prior year, the business posted $5.14 earnings per share. Caterpillar’s revenue was up 17.9% compared to the same quarter last year. Analysts predict that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.
Caterpillar Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th will be issued a $1.51 dividend. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.8%. Caterpillar’s dividend payout ratio is 32.09%.
Insider Transactions at Caterpillar
In other news, insider Lange Bob De sold 22,656 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $720.11, for a total value of $16,314,812.16. Following the completion of the transaction, the insider owned 79,953 shares of the company’s stock, valued at approximately $57,574,954.83. This represents a 22.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Joseph E. Creed sold 2,500 shares of the stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $718.93, for a total transaction of $1,797,325.00. Following the completion of the transaction, the chief executive officer directly owned 35,083 shares of the company’s stock, valued at $25,222,221.19. This trade represents a 6.65% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 125,950 shares of company stock valued at $88,577,390. 0.33% of the stock is owned by company insiders.
Key Caterpillar News
Here are the key news stories impacting Caterpillar this week:
- Positive Sentiment: CFO succession announced — long‑time CFO Andrew Bonfield will retire (effective Oct. 1, 2026) and internal candidate Kyle Epley will become CFO May 1, 2026; management framed this as a planned, internal transition that reduces uncertainty around financial leadership. Caterpillar Elects New Chief Financial Officer
- Positive Sentiment: Board maintained the quarterly dividend at $1.51/share (payable May 19, 2026), supporting income investors and signaling confidence in cash flow. Caterpillar Inc. Maintains Dividend
- Positive Sentiment: Demand tailwinds: analysts and commentary highlight a $51bn backlog and rising AI/data‑center power needs driving generator demand — a structural growth driver beyond cyclical construction/mining recovery. Caterpillar: AI-Driven Power Demand And Strong Backlog Support Continued Upside
- Positive Sentiment: Analyst estimate momentum — at least one shop (Erste) raised FY2026 EPS forecasts, and recent analyst price targets remain elevated versus the long‑run average, lending support to higher valuation expectations. Marketbeat CAT coverage
- Neutral Sentiment: Options and social chatter show heavy call activity and bullish targets (some traders eyeing $850), reflecting momentum trading that can amplify moves but also increase short‑term volatility. Caterpillar Inc. Stock (CAT) Opinions on AI Data Center Generator Demand
- Neutral Sentiment: Market is positioning ahead of Caterpillar’s upcoming Q1 earnings; previews expect continued revenue strength but will scrutinize margins and order/backlog commentary. Here’s What to Expect From Caterpillar’s Next Earnings Report
- Negative Sentiment: Legal risk: Caterpillar and Bobcat have filed patent suits against each other — potential litigation expense, distraction, and reputational/headline risk. Caterpillar, Bobcat sue each other over patent infringement
- Negative Sentiment: High insider selling noted in recent filings (many senior executives have sold shares over the past six months), which some investors view as a soft signal even if sales may be for personal/liquidity reasons. Caterpillar Inc. Stock (CAT) Opinions on AI Data Center Generator Demand
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.
See Also
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