Caterpillar Inc. $CAT Holdings Decreased by GSA Capital Partners LLP

GSA Capital Partners LLP decreased its holdings in shares of Caterpillar Inc. (NYSE:CAT) by 48.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,441 shares of the industrial products company’s stock after selling 1,373 shares during the quarter. GSA Capital Partners LLP’s holdings in Caterpillar were worth $826,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Larson Financial Group LLC boosted its position in Caterpillar by 73.6% during the fourth quarter. Larson Financial Group LLC now owns 12,915 shares of the industrial products company’s stock valued at $7,399,000 after purchasing an additional 5,476 shares during the last quarter. Handelsbanken Fonder AB boosted its position in Caterpillar by 23.5% during the fourth quarter. Handelsbanken Fonder AB now owns 125,384 shares of the industrial products company’s stock valued at $71,829,000 after purchasing an additional 23,818 shares during the last quarter. Hartford Funds Management Co LLC acquired a new stake in Caterpillar during the fourth quarter valued at $1,698,000. Integral Investment Advisors Inc. boosted its position in Caterpillar by 11.0% during the fourth quarter. Integral Investment Advisors Inc. now owns 587 shares of the industrial products company’s stock valued at $336,000 after purchasing an additional 58 shares during the last quarter. Finally, Summit Wealth Group LLC boosted its position in Caterpillar by 3.6% during the fourth quarter. Summit Wealth Group LLC now owns 461 shares of the industrial products company’s stock valued at $264,000 after purchasing an additional 16 shares during the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Insider Buying and Selling at Caterpillar

In related news, insider Anthony D. Fassino sold 16,283 shares of the business’s stock in a transaction dated 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 transaction, the insider owned 46,041 shares of the company’s stock, valued at approximately $42,210,388.80. The trade was a 26.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Lange Bob De sold 24,222 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $922.92, for a total value of $22,354,968.24. Following the transaction, the insider owned 86,029 shares in the company, valued at $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. Insiders have sold 100,551 shares of company stock worth $91,170,351 in the last ninety days. 0.33% of the stock is owned by insiders.

Caterpillar Price Performance

NYSE CAT opened at $880.23 on Friday. Caterpillar Inc. has a twelve month low of $336.24 and a twelve month high of $931.35. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. The stock has a market capitalization of $405.42 billion, a PE ratio of 43.81, a P/E/G ratio of 1.71 and a beta of 1.63. The stock has a 50-day simple moving average of $791.73 and a 200 day simple moving average of $690.84.

Caterpillar (NYSE:CAT) last posted its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, topping the consensus estimate of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The business had revenue of $17.42 billion during the quarter, compared to analysts’ expectations of $16.53 billion. During the same quarter in the previous year, the firm earned $4.25 EPS. The firm’s revenue was up 22.2% compared to the same quarter last year. Research analysts anticipate that Caterpillar Inc. will post 24.67 EPS for the current year.

Caterpillar Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wall Street Zen raised Caterpillar from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Citigroup lifted their price objective on Caterpillar from $905.00 to $1,020.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Truist Financial set a $1,043.00 price objective on Caterpillar in a research report on Friday, May 1st. Weiss Ratings reissued a “buy (b-)” rating on shares of Caterpillar in a research report on Friday, May 8th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $677.00 price target on shares of Caterpillar in a research report on Monday, February 2nd. Sixteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and a consensus target price of $923.14.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s Power & Energy business is being highlighted as a major growth opportunity, with rising backlog, capacity expansion, and demand from AI data centers supporting the company’s longer-term targets. Article Title
• Positive Sentiment: Separate coverage is reinforcing Caterpillar as a “power infrastructure play,” helped by a strategic framework agreement tied to up to 2.1 gigawatts of incremental power-generation assets, which suggests additional demand beyond its core construction and mining equipment businesses. Article Title
• Positive Sentiment: Caterpillar was also mentioned among the stocks helping drive a strong Dow rally, indicating broader investor demand for the name during today’s market advance. Article Title
• Neutral Sentiment: Caterpillar was included in a hedge-fund stock screen, which may reflect institutional interest, but the item did not add a clear new catalyst by itself. Article Title

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.