Caterpillar (NYSE:CAT) CAO William Schaupp Sells 360 Shares

Caterpillar Inc. (NYSE:CAT) CAO William Schaupp sold 360 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $906.00, for a total value of $326,160.00. Following the completion of the transaction, the chief accounting officer directly owned 530 shares in the company, valued at $480,180. This represents a 40.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Caterpillar Trading Up 1.8%

NYSE CAT opened at $918.99 on Friday. The stock has a market capitalization of $423.28 billion, a P/E ratio of 45.74, a P/E/G ratio of 1.81 and a beta of 1.63. The business has a 50 day simple moving average of $772.09 and a 200 day simple moving average of $678.58. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81. Caterpillar Inc. has a one year low of $336.24 and a one year high of $931.35.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.65 by $0.89. The firm had revenue of $17.42 billion for the quarter, compared to analyst estimates of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The company’s revenue was up 22.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.25 earnings per share. Research analysts expect that Caterpillar Inc. will post 24.21 earnings per share for the current year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 19th. Investors of record on Monday, April 20th will be paid a dividend of $1.51 per share. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 annualized dividend and a yield of 0.7%. Caterpillar’s dividend payout ratio is currently 30.06%.

Institutional Trading of Caterpillar

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in Caterpillar by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 46,385,185 shares of the industrial products company’s stock valued at $26,572,681,000 after acquiring an additional 442,164 shares in the last quarter. State Street Corp raised its holdings in shares of Caterpillar by 1.1% in the fourth quarter. State Street Corp now owns 35,388,550 shares of the industrial products company’s stock valued at $20,273,039,000 after purchasing an additional 385,204 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Caterpillar by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 10,610,182 shares of the industrial products company’s stock valued at $6,072,572,000 after purchasing an additional 94,524 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of Caterpillar by 0.6% during the fourth quarter. Fisher Asset Management LLC now owns 9,493,266 shares of the industrial products company’s stock valued at $5,438,408,000 after purchasing an additional 54,069 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in Caterpillar by 16.0% during the fourth quarter. Bank of America Corp DE now owns 6,738,802 shares of the industrial products company’s stock worth $3,860,457,000 after purchasing an additional 928,974 shares during the last quarter. 70.98% of the stock is owned by hedge funds and other institutional investors.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Rothschild & Co Redburn raised its price target on Caterpillar to $950 from $700, signaling continued upside expectations even while keeping a neutral rating. Rothschild & Co Redburn adjusts price target on Caterpillar to $950 from $700, maintains neutral rating
• Positive Sentiment: Commentary from Jim Cramer called Caterpillar “a buy,” pointing to tailwinds from oil, infrastructure spending, and rising demand for AI data-center power equipment. Jim Cramer Just Called Caterpillar a Buy on Oil, Infrastructure, and AI Data-Center Power Demand
• Positive Sentiment: Caterpillar said it is hiring 600 workers at its Sanford, North Carolina plant to support production of compact track loaders, suggesting strong manufacturing demand. Caterpillar hiring 600 workers at Sanford plant
• Positive Sentiment: Industry research on Saudi Arabia’s construction equipment market highlighted Caterpillar as a key player in a market expected to grow steadily through 2030, supported by major infrastructure projects. Saudi Arabia Construction Equipment Industry Research 2026-2031 Featuring Caterpillar and others
• Neutral Sentiment: Several articles reiterated Caterpillar’s strong recent performance and its growing role in AI-related power generation, but these were largely commentary pieces rather than new company-specific developments. Caterpillar: A Masterclass In Execution Meeting An Irrationally Exuberant Valuation
• Negative Sentiment: Insider sales by executives Denise C. Johnson and William E. Schaupp may slightly weigh on sentiment, though the transactions were relatively modest compared with their remaining holdings. Denise C. Johnson insider trade

Analyst Upgrades and Downgrades

CAT has been the topic of several research reports. Wolfe Research upped their price objective on shares of Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. CICC Research started coverage on Caterpillar in a research report on Friday, February 6th. They issued an “outperform” rating for the company. Wall Street Zen raised Caterpillar from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Evercore reissued an “outperform” rating and issued a $1,103.00 price objective on shares of Caterpillar in a research note on Monday. Finally, Sanford C. Bernstein boosted their price objective on Caterpillar from $769.00 to $879.00 and gave the company a “market perform” rating in a report on Friday, May 1st. Sixteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Caterpillar presently has a consensus rating of “Moderate Buy” and a consensus price target of $923.14.

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.