Caterpillar Inc. $CAT Shares Purchased by ARK Investment Management LLC

ARK Investment Management LLC boosted its stake in shares of Caterpillar Inc. (NYSE:CAT) by 11.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 31,144 shares of the industrial products company’s stock after buying an additional 3,268 shares during the quarter. ARK Investment Management LLC’s holdings in Caterpillar were worth $14,860,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Fisher Asset Management LLC increased its stake in Caterpillar by 2.3% in the 2nd quarter. Fisher Asset Management LLC now owns 9,418,321 shares of the industrial products company’s stock valued at $3,656,286,000 after purchasing an additional 208,196 shares in the last quarter. Norges Bank purchased a new position in shares of Caterpillar in the second quarter valued at $2,165,899,000. Bank of New York Mellon Corp raised its stake in shares of Caterpillar by 20.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock worth $1,695,757,000 after buying an additional 609,023 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Caterpillar by 1.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,337,915 shares of the industrial products company’s stock worth $1,295,432,000 after buying an additional 33,467 shares in the last quarter. Finally, Invesco Ltd. grew its stake in Caterpillar by 4.5% in the 2nd quarter. Invesco Ltd. now owns 3,282,720 shares of the industrial products company’s stock valued at $1,274,385,000 after acquiring an additional 140,784 shares during the last quarter. 70.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CAT shares. Robert W. Baird set a $805.00 target price on shares of Caterpillar in a research report on Friday, January 30th. Bank of America upped their target price on Caterpillar from $735.00 to $825.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Jefferies Financial Group raised their price target on Caterpillar from $700.00 to $750.00 and gave the stock a “buy” rating in a research report on Tuesday, January 27th. Weiss Ratings restated a “buy (b)” rating on shares of Caterpillar in a research report on Monday, December 29th. Finally, Argus increased their price objective on Caterpillar from $625.00 to $820.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Sixteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $717.05.

Insider Activity

In other news, insider Rodney Michael Shurman sold 2,278 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $759.61, for a total transaction of $1,730,391.58. Following the completion of the sale, the insider directly owned 1,443 shares in the company, valued at $1,096,117.23. This represents a 61.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Denise C. Johnson sold 39,138 shares of Caterpillar stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $681.08, for a total value of $26,656,109.04. Following the completion of the transaction, the insider owned 43,350 shares in the company, valued at $29,524,818. The trade was a 47.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 133,450 shares of company stock valued at $92,530,665 in the last ninety days. 0.33% of the stock is owned by company insiders.

Caterpillar Price Performance

CAT stock opened at $732.74 on Thursday. The stock has a market capitalization of $340.94 billion, a price-to-earnings ratio of 38.93, a price-to-earnings-growth ratio of 1.71 and a beta of 1.54. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Caterpillar Inc. has a 52-week low of $267.30 and a 52-week high of $789.81. The stock’s fifty day simple moving average is $677.02 and its 200-day simple moving average is $571.40.

Caterpillar (NYSE:CAT) last released its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, topping the consensus estimate of $4.67 by $0.49. The firm had revenue of $19.13 billion for 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 revenue for the quarter was up 17.9% compared to the same quarter last year. During the same period in the prior year, the business posted $5.14 earnings per share. Equities research analysts expect that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Tuesday, January 20th were issued a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, January 20th. Caterpillar’s payout ratio is presently 32.09%.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: JPMorgan raised its price target sharply to $860 and maintained an Overweight rating, signaling strong institutional confidence and providing catalyst for further inflows. JPMorgan Adjusts Price Target on Caterpillar to $860
• Positive Sentiment: Analyst commentary and firm results momentum — including record revenue in the latest quarter and rising earnings estimates — continue to underpin expectations for durable demand across construction and energy end markets. Caterpillar Trades at Premium Valuation: How to Play the Stock?
• Positive Sentiment: Longer-term structural tailwind: research argues CAT is well positioned to serve AI-driven, on-site power demand (localized generation for data centers/AI compute), an underappreciated growth vector beyond traditional construction and mining. Caterpillar: Everyone Is Betting On AI Bottlenecks
• Positive Sentiment: Commercial partnerships targeting the data-center market (natural gas + carbon capture combos) expand CAT’s addressable market in on-site power and sustainability solutions. That could drive higher-margin services and equipment sales. Caterpillar partners with OnePWR and Vero3
• Positive Sentiment: Workforce and talent initiatives (global technician/operator challenges) bolster dealer and service capabilities — important for parts, service revenue and long-term customer retention. Caterpillar Elevates Skilled Trades Through Global Technician and Operator Challenges
• Neutral Sentiment: Caterpillar showcased new compact equipment and a concept “smart” pickup at CONEXPO; the concept truck draws publicity and highlights CAT’s push into connected/autonomous jobsite tech, but the truck isn’t a current revenue product. Caterpillar Made the Ultimate Smart Pickup Truck
• Negative Sentiment: Valuation concerns: some analysts note CAT trades at a premium after recent gains and record results, which could limit upside for new buyers and increase sensitivity to any growth softness. Caterpillar Trades at Premium Valuation
• Negative Sentiment: Near-term volatility: earlier profit-taking pressured the stock and contributed to short-term Dow weakness, underscoring that recent gains can be reversed on rotation or risk-off headlines. Caterpillar’s stock is the biggest drag on the Dow
• Negative Sentiment: Some analysts on Seeking Alpha have trimmed ratings or call shares fairly valued despite the AI narrative — a reminder that sentiment is mixed among fundamental analysts. Caterpillar: Powering The AI Economy, Shares Fairly Valued (Rating Downgrade)

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.