Caterpillar Inc. $CAT Shares Sold by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB lessened its holdings in Caterpillar Inc. (NYSE:CAT) by 11.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,523 shares of the industrial products company’s stock after selling 5,663 shares during the period. Caterpillar makes up approximately 1.2% of MassMutual Private Wealth & Trust FSB’s portfolio, making the stock its 20th largest position. MassMutual Private Wealth & Trust FSB’s holdings in Caterpillar were worth $45,283,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Axxcess Wealth Management LLC boosted its position in shares of Caterpillar by 2.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 22,420 shares of the industrial products company’s stock worth $12,844,000 after purchasing an additional 604 shares in the last quarter. Juno Financial Group LLC purchased a new position in shares of Caterpillar in the 4th quarter valued at about $877,000. DSG Capital Advisors LLC acquired a new stake in shares of Caterpillar in the first quarter valued at about $1,226,000. Cornerstone Planning LLC acquired a new stake in shares of Caterpillar in the fourth quarter valued at about $4,517,000. Finally, Ticino Wealth purchased a new stake in Caterpillar during the fourth quarter worth about $2,488,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Truist Financial increased their target price on shares of Caterpillar from $1,043.00 to $1,218.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. Zacks Research lowered Caterpillar from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. JPMorgan Chase & Co. raised their price objective on Caterpillar from $1,125.00 to $1,165.00 and gave the company an “overweight” rating in a research note on Wednesday, June 17th. Rothschild & Co Redburn lifted their price objective on Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Finally, Sanford C. Bernstein boosted their target price on Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a research report on Friday, May 1st. Thirteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $966.29.

Insider Activity at Caterpillar

In other Caterpillar news, insider Anthony D. Fassino sold 16,283 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $916.80, for a total transaction of $14,928,254.40. Following the transaction, the insider directly owned 46,041 shares in the company, valued at $42,210,388.80. This represents a 26.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the transaction, the chief financial officer directly owned 52,935 shares in the company, valued at $48,631,913.85. The trade was a 22.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 84,492 shares of company stock valued at $77,567,548. 0.33% of the stock is currently owned by insiders.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Analysts expect strong year-over-year growth, with consensus estimates calling for approximately $6.22 in adjusted earnings per share, up from $4.72 a year earlier, and about $19.2 billion in revenue. A beat or bullish outlook could support the stock. Caterpillar Earnings Are Coming. Only 1 Thing Matters.
• Positive Sentiment: Caterpillar’s order backlog reportedly reached a record $63 billion. Investors will look for evidence that AI data-center construction and related power demand are continuing to generate new orders. Caterpillar’s Order Backlog Hit a Record $63 Billion
• Positive Sentiment: Compared with cash-burning growth companies, Caterpillar is being highlighted for converting revenue into substantial free cash flow, reinforcing its appeal as a financially mature industrial and AI-infrastructure beneficiary. Rocket Lab vs. Caterpillar
• Positive Sentiment: Waste Management is expanding collaboration with Caterpillar to test autonomous heavy equipment at landfills, providing another potential technology and equipment growth opportunity. WM’s Landfill of the Future Advances Towards Autonomous Equipment Testing
• Neutral Sentiment: The earnings release is the primary near-term catalyst. Investors will focus on orders, margins, tariff effects and management’s outlook rather than the headline EPS figure alone. Caterpillar Q2 2026 Earnings Preview
• Negative Sentiment: The stock has recently been pressured in an AI-related selloff, leaving Caterpillar’s earnings and guidance under heightened scrutiny. Its premium valuation and potential tariff impact could amplify any disappointment. Caterpillar Faces Earnings Test After AI Selloff Hits Stock

Caterpillar Price Performance

Shares of NYSE:CAT opened at $833.47 on Tuesday. The business has a fifty day simple moving average of $923.52 and a 200-day simple moving average of $814.19. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. Caterpillar Inc. has a 52 week low of $405.46 and a 52 week high of $1,073.46. The company has a market cap of $383.89 billion, a P/E ratio of 41.49, a P/E/G ratio of 1.59 and a beta of 1.60.

Caterpillar Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Monday, July 20th will be given a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, July 20th. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. Caterpillar’s dividend payout ratio is currently 32.45%.

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.