Insider Selling: Caterpillar (NYSE:CAT) Insider Sells $5,093,032.02 in Stock

Caterpillar Inc. (NYSE:CAT) insider Rodney Michael Shurman sold 5,639 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $903.18, for a total value of $5,093,032.02. Following the sale, the insider owned 2,546 shares in the company, valued at approximately $2,299,496.28. This represents a 68.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Rodney Michael Shurman also recently made the following trade(s):

• On Monday, February 23rd, Rodney Michael Shurman sold 2,278 shares of Caterpillar stock. The shares were sold at an average price of $759.61, for a total value of $1,730,391.58.
• On Tuesday, February 17th, Rodney Michael Shurman sold 1,764 shares of Caterpillar stock. The shares were sold at an average price of $763.39, for a total value of $1,346,619.96.

Caterpillar Stock Performance

CAT opened at $896.14 on Friday. The stock has a market cap of $412.75 billion, a PE ratio of 44.61, a P/E/G ratio of 1.80 and a beta of 1.63. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64. Caterpillar Inc. has a 1 year low of $323.31 and a 1 year high of $931.35. The stock’s 50 day simple moving average is $755.75 and its 200-day simple moving average is $664.91.

Caterpillar (NYSE:CAT) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.65 by $0.89. The business had revenue of $17.42 billion for the quarter, compared to analysts’ expectations of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.Caterpillar’s quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the previous year, the business posted $4.25 earnings per share. Sell-side analysts forecast that Caterpillar Inc. will post 24.21 EPS for the current year.

Caterpillar Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 19th. Investors of record on Monday, April 20th will be paid a $1.51 dividend. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 annualized dividend and a yield of 0.7%. Caterpillar’s payout ratio is currently 30.06%.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar’s latest quarterly results were stronger than expected, with EPS and revenue both topping estimates and construction equipment revenue rising sharply, reinforcing the case for solid demand and backlog strength. Caterpillar Reports 38% Boost to Construction Equipment Revenue for Q1 2026
• Positive Sentiment: Several analysts raised price targets on CAT after the better-than-expected quarter, including Argus and HSBC, which is helping support bullish sentiment around the stock. Argus Raises Caterpillar Price Target HSBC Raises Caterpillar Price Target
• Positive Sentiment: Media coverage continues to frame Caterpillar as a beneficiary of AI and data-center power demand, broadening the company’s growth narrative beyond traditional construction and mining markets. Industrial-Strength Rally: Why Caterpillar Is Up 53%…
• Positive Sentiment: Recent commentary points to very long equipment lead times, which suggests sustained demand and potential pricing power ahead. Archrock reaffirms outlook as Caterpillar lead times near 160
• Positive Sentiment: Caterpillar also opened registration for a global innovation challenge, signaling continued investment in workforce development and technology, though this is more of a longer-term strategic positive than an immediate stock driver. Caterpillar Opens Registration for Global Innovation Challenge
• Neutral Sentiment: Some firms raised targets while keeping Neutral ratings, suggesting Wall Street sees upside, but also believes a lot of good news may already be reflected in the stock after its big run. DA Davidson Raises Caterpillar Target Following Better-Than-Expected Quarter
• Neutral Sentiment: Heavy media attention and elevated trading interest may be adding volatility, but these factors do not change Caterpillar’s underlying business fundamentals. Do Options Traders Know Something About Caterpillar Stock?
• Negative Sentiment: Multiple insiders, including the CFO, disclosed sizable stock sales, which can weigh on sentiment and raise concerns about whether the recent rally is prompting profit-taking. CFO insider sale SEC filing Insider sale (Shurman) SEC filing

Hedge Funds Weigh In On Caterpillar

Institutional investors and hedge funds have recently bought and sold shares of the business. HORAN Wealth LLC lifted its stake in shares of Caterpillar by 100.0% during the first quarter. HORAN Wealth LLC now owns 2,810 shares of the industrial products company’s stock valued at $1,889,000 after acquiring an additional 1,405 shares during the period. Wilkerson Advisory Group LLC lifted its stake in shares of Caterpillar by 4.1% during the first quarter. Wilkerson Advisory Group LLC now owns 7,380 shares of the industrial products company’s stock valued at $5,228,000 after acquiring an additional 291 shares during the period. Dale Q Rice Investment Management Ltd lifted its stake in shares of Caterpillar by 21.2% during the first quarter. Dale Q Rice Investment Management Ltd now owns 1,144 shares of the industrial products company’s stock valued at $810,000 after acquiring an additional 200 shares during the period. DUTCH ASSET Corp lifted its stake in shares of Caterpillar by 50.3% during the first quarter. DUTCH ASSET Corp now owns 923 shares of the industrial products company’s stock valued at $654,000 after acquiring an additional 309 shares during the period. Finally, Atlantic Family Wealth LLC acquired a new position in shares of Caterpillar during the first quarter valued at $207,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Wolfe Research boosted their price target on Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Argus boosted their price target on Caterpillar from $820.00 to $990.00 and gave the company a “buy” rating in a research note on Tuesday. Bank of America boosted their price target on Caterpillar from $930.00 to $989.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Williams Trading set a $825.00 price target on Caterpillar in a research note on Tuesday, March 10th. Finally, Jefferies Financial Group boosted their price target on Caterpillar from $900.00 to $1,045.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $890.27.

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.