Atria Investments Inc Sells 2,446 Shares of Caterpillar Inc. $CAT

Atria Investments Inc cut its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 12.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 16,489 shares of the industrial products company’s stock after selling 2,446 shares during the quarter. Atria Investments Inc’s holdings in Caterpillar were worth $9,446,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Revolve Wealth Partners LLC raised its holdings in Caterpillar by 2.4% in 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 in the last quarter. Security Financial Services INC. increased its position in shares of Caterpillar by 0.4% during the fourth quarter. Security Financial Services INC. now owns 3,609 shares of the industrial products company’s stock valued at $2,068,000 after buying an additional 16 shares during the period. Purus Wealth Management LLC raised its stake in Caterpillar by 0.5% in the fourth quarter. Purus Wealth Management LLC now owns 3,018 shares of the industrial products company’s stock worth $1,729,000 after buying an additional 16 shares in the last quarter. Legacy Wealth Managment LLC ID lifted its holdings in Caterpillar by 27.1% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 75 shares of the industrial products company’s stock worth $43,000 after buying an additional 16 shares during the period. Finally, KWB Wealth lifted its holdings in Caterpillar by 3.2% in the fourth quarter. KWB Wealth now owns 549 shares of the industrial products company’s stock worth $315,000 after buying an additional 17 shares during the period. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wells Fargo & Company raised their target price on Caterpillar from $960.00 to $1,050.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Wolfe Research increased their price objective on Caterpillar from $670.00 to $750.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Truist Financial set a $1,043.00 target price on shares of Caterpillar in a report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Caterpillar in a research report on Friday, May 8th. Finally, Williams Trading set a $825.00 price target on shares of Caterpillar in a research note on Tuesday, March 10th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $923.14.

Caterpillar Price Performance

Shares of NYSE CAT opened at $918.99 on Friday. The firm has a market cap of $423.28 billion, a P/E ratio of 45.74, a PEG ratio of 1.81 and a beta of 1.63. Caterpillar Inc. has a twelve month low of $336.24 and a twelve month high of $931.35. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. The company has a 50 day moving average of $772.09 and a 200 day moving average of $678.58.

Caterpillar (NYSE:CAT) last issued its earnings results on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating the consensus estimate of $4.65 by $0.89. The business had revenue of $17.42 billion for 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 company’s revenue was up 22.2% compared to the same quarter last year. During the same period last year, the business posted $4.25 EPS. As a group, research analysts expect that Caterpillar Inc. will post 24.21 EPS for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 19th. Shareholders of record on Monday, April 20th will be given 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 yield of 0.7%. Caterpillar’s payout ratio is 30.06%.

Key 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, even while keeping a neutral rating, suggesting the stock’s recent rally may still have room to run. Rothschild & Co Redburn price target update
• Positive Sentiment: Jim Cramer reiterated a bullish view on Caterpillar, calling it a buy and pointing to oil and gas, infrastructure, and AI data-center power demand as key tailwinds. Jim Cramer Says Caterpillar Is a Buy
• Positive Sentiment: Recent coverage highlighted Caterpillar’s role in Saudi Arabia’s construction equipment market, which is expected to grow steadily on the back of Vision 2030 infrastructure spending. Saudi Arabia Construction Equipment Industry Research 2026-2031 Featuring Caterpillar
• Neutral Sentiment: Two Caterpillar insiders disclosed stock sales, including a larger sale by Denise C. Johnson and a smaller sale by William E. Schaupp. While not unusual, insider selling can create some caution. Denise C. Johnson insider trade filing
• Negative Sentiment: Anthony Fassino also sold a notable block of shares earlier in the week, which may be viewed as a mild negative signal despite his remaining ownership stake. Anthony Fassino Sells 16,283 Shares of Caterpillar (NYSE:CAT) Stock

Insider Buying and Selling at Caterpillar

In related news, insider Denise C. Johnson sold 6,196 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $909.79, for a total transaction of $5,637,058.84. Following the transaction, the insider owned 49,825 shares in the company, valued at $45,330,286.75. This represents a 11.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Anthony D. Fassino sold 16,283 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $916.80, for a total transaction of $14,928,254.40. Following the completion of the sale, the insider owned 46,041 shares in the company, valued at $42,210,388.80. This represents a 26.13% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 90,682 shares of company stock worth $81,815,568. 0.33% of the stock is owned by company insiders.

Caterpillar 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.