Caterpillar Inc. $CAT Shares Acquired by Assetmark Inc.

Assetmark Inc. increased its position in Caterpillar Inc. (NYSE:CAT) by 12.8% in the 3rd quarter, Holdings Channel reports. The firm owned 8,133 shares of the industrial products company’s stock after buying an additional 924 shares during the period. Assetmark Inc.’s holdings in Caterpillar were worth $3,881,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. WealthShield Partners LLC increased its holdings in shares of Caterpillar by 1.6% in the third quarter. WealthShield Partners LLC now owns 1,122 shares of the industrial products company’s stock valued at $535,000 after purchasing an additional 18 shares during the period. one8zero8 LLC boosted its holdings in Caterpillar by 3.2% in the 3rd quarter. one8zero8 LLC now owns 619 shares of the industrial products company’s stock valued at $295,000 after purchasing an additional 19 shares in the last quarter. Abacus Planning Group Inc. raised its stake in shares of Caterpillar by 0.6% during the 3rd quarter. Abacus Planning Group Inc. now owns 3,214 shares of the industrial products company’s stock worth $1,534,000 after buying an additional 20 shares in the last quarter. Cyr Financial Inc. grew its stake in shares of Caterpillar by 2.5% during the 3rd quarter. Cyr Financial Inc. now owns 811 shares of the industrial products company’s stock worth $387,000 after purchasing an additional 20 shares during the period. Finally, Coastwise Capital Group LLC increased its holdings in shares of Caterpillar by 1.8% in the 3rd quarter. Coastwise Capital Group LLC now owns 1,168 shares of the industrial products company’s stock valued at $557,000 after purchasing an additional 21 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar Price Performance

Caterpillar stock opened at $764.27 on Wednesday. The firm has a fifty day moving average of $641.06 and a 200-day moving average of $546.70. Caterpillar Inc. has a 52-week low of $267.30 and a 52-week high of $789.81. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $357.66 billion, a P/E ratio of 40.61, a PEG ratio of 1.83 and a beta of 1.58.

Caterpillar (NYSE:CAT) last announced its quarterly earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.67 by $0.49. The firm had revenue of $19.13 billion during the quarter, compared to the consensus estimate of $17.81 billion. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The firm’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.14 EPS. As a group, analysts predict that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be paid a dividend of $1.51 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.04 annualized dividend and a yield of 0.8%. Caterpillar’s dividend payout ratio (DPR) is presently 32.09%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CAT shares. Weiss Ratings restated a “buy (b)” rating on shares of Caterpillar in a research report on Monday, December 29th. UBS Group reiterated a “neutral” rating and set a $677.00 price objective on shares of Caterpillar in a research report on Monday, February 2nd. Oppenheimer raised their price target on shares of Caterpillar from $700.00 to $729.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. Wolfe Research upped their price objective on shares of Caterpillar from $470.00 to $670.00 and gave the company an “outperform” rating in a research note on Friday, January 2nd. Finally, Morgan Stanley lifted their target price on shares of Caterpillar from $400.00 to $425.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 3rd. Sixteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $702.95.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar is being highlighted for providing power and infrastructure solutions to high‑tech data centers, a market with strong long‑term demand that could diversify revenue and support higher utilization of its power systems and electrification products. High-tech data centers get a powerful assist from a century-old company
• Neutral Sentiment: Zacks notes that Caterpillar is a trending stock and summarizes factors investors are watching; this reflects retail/institutional attention but doesn’t by itself change fundamentals. Here is What to Know Beyond Why Caterpillar Inc. (CAT) is a Trending Stock
• Neutral Sentiment: A personal‑finance roundup that lists long‑term dividend ideas may lift general investor interest in dividend payers, but it’s a broad theme piece and not a direct catalyst for CAT. 2 Dividend Stocks to Hold for the Next 10 Years
• Negative Sentiment: Insider Anthony D. Fassino sold 7,891 shares (~$6.13M at ~$776.90/share) and trimmed his position ~14.5%. Large insider sales can spook investors even if legally routine, adding selling pressure. SEC Filing – Insider Sale by Anthony D. Fassino
• Negative Sentiment: Zacks Research lowered Q2 EPS estimates for Caterpillar, signaling softer near‑term earnings expectations that can pressure the stock until guidance or results reverse the trend. Q2 EPS Estimates for Caterpillar Lowered by Zacks Research

Insider Activity at Caterpillar

In other news, CFO Andrew R. J. Bonfield sold 10,000 shares of the company’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $575.06, for a total value of $5,750,600.00. Following the completion of the sale, the chief financial officer owned 45,460 shares in the company, valued at $26,142,227.60. This represents a 18.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Anthony D. Fassino sold 7,891 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $776.90, for a total transaction of $6,130,517.90. Following the completion of the sale, the insider owned 46,643 shares in the company, valued at $36,236,946.70. The trade was a 14.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 138,436 shares of company stock valued at $94,425,251 over the last quarter. Corporate insiders own 0.33% of the company’s stock.

About Caterpillar

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.