Caterpillar Inc. $CAT Position Boosted by Quantinno Capital Management LP

Quantinno Capital Management LP grew its holdings in Caterpillar Inc. (NYSE:CAT) by 18.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 308,530 shares of the industrial products company’s stock after purchasing an additional 47,865 shares during the period. Caterpillar comprises 0.4% of Quantinno Capital Management LP’s portfolio, making the stock its 25th largest holding. Quantinno Capital Management LP’s holdings in Caterpillar were worth $218,581,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Lam Group Inc. acquired a new stake in shares of Caterpillar during the 1st quarter valued at $26,000. Torren Management LLC acquired a new position in shares of Caterpillar in the fourth quarter worth $27,000. Frazier Financial Advisors LLC increased its stake in shares of Caterpillar by 220.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 33 shares during the last quarter. Cedar Mountain Advisors LLC raised its holdings in shares of Caterpillar by 82.1% during the first quarter. Cedar Mountain Advisors LLC now owns 51 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 23 shares in the last quarter. Finally, Cornerstone Financial Management LLC acquired a new stake in Caterpillar during the fourth quarter valued at $32,000. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on the company. Zacks Research downgraded Caterpillar from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. UBS Group reiterated a “neutral” rating and set a $900.00 price target on shares of Caterpillar in a report on Tuesday, June 2nd. Wolfe Research boosted their price target on Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Citigroup increased their price objective on Caterpillar from $1,020.00 to $1,100.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Finally, Truist Financial raised their price objective on shares of Caterpillar from $1,043.00 to $1,218.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Fourteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Caterpillar currently has an average rating of “Moderate Buy” and an average price target of $980.57.

Caterpillar Price Performance

NYSE CAT opened at $873.54 on Tuesday. Caterpillar Inc. has a fifty-two week low of $405.46 and a fifty-two week high of $1,073.46. The stock’s 50-day moving average is $929.10 and its two-hundred day moving average is $807.20. The firm has a market cap of $402.34 billion, a P/E ratio of 43.48, a price-to-earnings-growth ratio of 1.74 and a beta of 1.57. 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 (NYSE:CAT) last released its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.65 by $0.89. The company had revenue of $17.41 billion during the quarter, compared to the consensus estimate of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The firm’s revenue was up 22.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $4.25 EPS. On average, analysts anticipate that Caterpillar Inc. will post 24.87 earnings per share for the current fiscal year.

Caterpillar Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be given a dividend of $1.63 per share. The ex-dividend date of this dividend is Monday, July 20th. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 dividend on an annualized basis and a yield of 0.7%. Caterpillar’s dividend payout ratio (DPR) is currently 32.45%.

Insider Activity

In other news, CFO Andrew R. J. Bonfield sold 15,674 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $918.71, for a total value of $14,399,860.54. Following the completion of the sale, the chief financial officer directly owned 52,935 shares in the company, valued at approximately $48,631,913.85. The trade was a 22.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Lange Bob De sold 24,222 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $922.92, for a total transaction of $22,354,968.24. Following the sale, the insider directly owned 86,029 shares of the company’s stock, valued at approximately $79,397,884.68. This represents a 21.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 95,773 shares of company stock valued at $87,642,635. Insiders own 0.33% of the company’s stock.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s stock has approximately doubled over the past year. Investors have been encouraged by strong operating momentum and expectations that demand from data-center construction and related infrastructure spending could support future equipment sales. Caterpillar Stock Is Up 100% in a Year
• Positive Sentiment: The company’s most recent earnings report provided a fundamental backdrop for the rally: Caterpillar exceeded analysts’ quarterly earnings and revenue estimates, while revenue increased 22.2% year over year. This suggests strong demand and operating leverage, although investors may now require continued earnings growth to justify the elevated share price.
• Neutral Sentiment: Caterpillar has become a highly watched or “trending” stock on Zacks, increasing visibility among investors. However, heightened attention can contribute to greater trading volatility and does not itself change the company’s earnings outlook. Caterpillar Is a Trending Stock
• Negative Sentiment: Erste Group Bank AG downgraded Caterpillar from “buy” to “hold.” The change likely reflects caution after the substantial run-up, with investors potentially reassessing risk-reward prospects at a historically high valuation. Finviz Caterpillar Listing
• Negative Sentiment: Investor Michael Burry’s reported short position in Caterpillar benefited during the July pullback, highlighting the presence of bearish positioning. The stock’s roughly 100% annual gain, elevated price-to-earnings ratio and recent decline make profit-taking and volatility risks more significant. Michael Burry’s Short Bets on Caterpillar

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.