OFI Invest Asset Management Purchases 3,992 Shares of Caterpillar Inc. $CAT

OFI Invest Asset Management increased its position in Caterpillar Inc. (NYSE:CAT) by 5.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,958 shares of the industrial products company’s stock after purchasing an additional 3,992 shares during the period. OFI Invest Asset Management’s holdings in Caterpillar were worth $44,660,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Revolve Wealth Partners LLC increased its holdings in Caterpillar by 2.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 681 shares of the industrial products company’s stock worth $390,000 after purchasing an additional 16 shares during the period. Montecito Bank & Trust increased its holdings in Caterpillar by 0.5% during the 4th quarter. Montecito Bank & Trust now owns 3,362 shares of the industrial products company’s stock worth $1,926,000 after purchasing an additional 17 shares during the period. KWB Wealth increased its holdings in Caterpillar by 3.2% during the 4th quarter. KWB Wealth now owns 549 shares of the industrial products company’s stock worth $315,000 after purchasing an additional 17 shares during the period. Hilltop Partners LLC increased its holdings in Caterpillar by 3.0% during the 4th quarter. Hilltop Partners LLC now owns 591 shares of the industrial products company’s stock worth $338,000 after purchasing an additional 17 shares during the period. Finally, WealthShield Partners LLC increased its holdings in Caterpillar by 1.6% during the 3rd quarter. WealthShield Partners LLC now owns 1,122 shares of the industrial products company’s stock worth $535,000 after purchasing an additional 18 shares during the period. 70.98% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on CAT shares. Wells Fargo & Company raised their price objective on Caterpillar from $756.00 to $870.00 and gave the stock an “overweight” rating in a report on Wednesday, February 25th. CICC Research started coverage on Caterpillar in a report on Friday, February 6th. They set an “outperform” rating on the stock. Citigroup raised their price objective on Caterpillar from $760.00 to $785.00 and gave the stock a “buy” rating in a report on Monday, March 9th. HSBC boosted their price target on Caterpillar from $660.00 to $850.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Finally, Oppenheimer raised their price objective on Caterpillar from $729.00 to $817.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $737.55.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Orderly leadership transition — long‑time CFO Andrew Bonfield will retire Oct. 1, 2026, and internal finance veteran Kyle Epley is named CFO effective May 1, which lowers execution risk and reassures markets about continuity. Caterpillar Elects New Chief Financial Officer
• Positive Sentiment: AI/data‑center tailwind & bullish flow — social and options activity highlight investor bets that CAT will benefit from rising generator demand for AI data centers and infrastructure spending, supporting upside momentum. Caterpillar Inc. Stock (CAT) Opinions on AI Data Center Generator Demand
• Positive Sentiment: Fundamentals and backlog support — sell‑side commentary and research note themes point to a $51B backlog, dealer inventory normalization and pricing/operating leverage that could sustain revenue and margin improvement. Caterpillar: AI-Driven Power Demand And Strong Backlog Support Continued Upside
• Neutral Sentiment: Dividend maintained — Board kept the quarterly payout at $1.51/share (payable May 19), signaling capital return consistency but little surprise to income investors. Caterpillar Inc. Maintains Dividend
• Neutral Sentiment: Broad market lift — CAT was among names leading the Dow higher in a strong market session, amplifying short‑term gains tied to macro momentum rather than company‑specific catalysts. Sherwin-Williams Co., Caterpillar share gains lead Dow’s 1,335-point surge
• Negative Sentiment: New legal risk — Caterpillar and Bobcat have filed mutual patent infringement suits, introducing litigation uncertainty and potential costs or injunction risk for some product lines. Caterpillar, Bobcat sue each other over patent infringement
• Negative Sentiment: Insider selling — sizable insider dispositions noted in recent data create a governance/optics headwind that some investors watch as a cautionary signal. Caterpillar Inc. Stock (CAT) Opinions on AI Data Center Generator Demand

Caterpillar Price Performance

Shares of CAT stock opened at $771.46 on Thursday. Caterpillar Inc. has a 1-year low of $269.13 and a 1-year high of $789.81. The stock’s 50-day moving average is $721.47 and its 200 day moving average is $619.87. The company has a market cap of $358.95 billion, a P/E ratio of 40.99, a PEG ratio of 1.69 and a beta of 1.52. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results 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. The business had revenue of $19.13 billion during the quarter, compared to the consensus estimate of $17.81 billion. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The company’s quarterly revenue was up 17.9% on a year-over-year basis. During the same quarter last year, the company earned $5.14 earnings per share. Research analysts predict that Caterpillar Inc. will post 19.86 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 19th. Shareholders of record on Monday, April 20th will be issued a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Monday, April 20th. Caterpillar’s dividend payout ratio (DPR) is currently 32.09%.

Insiders Place Their Bets

In other Caterpillar news, insider Lange Bob De sold 22,656 shares of Caterpillar stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the completion of the sale, the insider owned 79,953 shares of the company’s stock, valued at approximately $57,574,954.83. The trade was a 22.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Rodney Michael Shurman sold 2,278 shares of Caterpillar stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $759.61, for a total value of $1,730,391.58. Following the sale, the insider directly owned 1,443 shares of the company’s stock, valued at approximately $1,096,117.23. This represents a 61.22% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 125,950 shares of company stock valued at $88,577,390. 0.33% of the stock is currently owned by corporate insiders.

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.