Insider Selling: Caterpillar (NYSE:CAT) Insider Sells $5,637,058.84 in Stock

Caterpillar Inc. (NYSE:CAT) insider Denise Johnson sold 6,196 shares of Caterpillar stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $909.79, for a total value of $5,637,058.84. Following the transaction, the insider owned 49,825 shares of the company’s stock, valued at $45,330,286.75. This trade represents a 11.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Caterpillar Price Performance

CAT stock opened at $888.90 on Friday. Caterpillar Inc. has a 52-week low of $336.24 and a 52-week high of $931.35. The business has a 50-day simple moving average of $775.21 and a two-hundred day simple moving average of $680.05. The company has a market capitalization of $409.42 billion, a P/E ratio of 44.25, a price-to-earnings-growth ratio of 1.77 and a beta of 1.63. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35.

Caterpillar (NYSE:CAT) last announced its earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, topping analysts’ consensus estimates of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The firm had revenue of $17.42 billion for the quarter, compared to the consensus estimate of $16.53 billion. During the same quarter in the previous year, the business earned $4.25 EPS. The company’s revenue was up 22.2% compared to the same quarter last year. Research analysts expect that Caterpillar Inc. will post 24.48 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th will be paid a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, April 20th. Caterpillar’s payout ratio is presently 30.06%.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Rothschild & Co Redburn lifted its price target on Caterpillar to $950 from $700, signaling continued upside potential despite keeping a neutral rating. Rothschild & Co Redburn adjusts price target on Caterpillar to $950 from $700, maintains neutral rating
• Positive Sentiment: Commentary from Jim Cramer called Caterpillar “a buy,” citing oil and gas exposure, infrastructure spending, and AI data-center power demand as potential tailwinds. Jim Cramer Says Caterpillar Is a Buy
• Positive Sentiment: Caterpillar said it is hiring 600 workers at its Sanford, North Carolina plant to support compact track loader production, suggesting strong demand and added manufacturing activity. Caterpillar hiring 600 jobs at Sanford plant
• Positive Sentiment: Industry research on Saudi Arabia’s construction equipment market pointed to Caterpillar as a key player in a market expected to grow steadily through 2030, supported by large infrastructure projects. Saudi Arabia Construction Equipment Industry Research 2026-2031 Featuring Caterpillar

Institutional Investors Weigh In On Caterpillar

A number of hedge funds have recently modified their holdings of CAT. Lam Group Inc. bought a new stake in shares of Caterpillar in the 1st quarter worth approximately $26,000. Torren Management LLC bought a new stake in shares of Caterpillar in the 4th quarter worth approximately $27,000. Frazier Financial Advisors LLC raised its holdings in shares of Caterpillar by 220.0% in the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 33 shares during the period. IFS Advisors LLC bought a new stake in Caterpillar during the 4th quarter valued at $31,000. Finally, Rialto Wealth Management LLC raised its holdings in Caterpillar by 47.4% during the 4th quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 18 shares during the period. Institutional investors own 70.98% of the company’s stock.

Analysts Set New Price Targets

CAT has been the topic of a number of research analyst reports. Sanford C. Bernstein boosted their target price on Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a research note on Friday, May 1st. Rothschild & Co Redburn boosted their target price on Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a research note on Thursday. HSBC boosted their target price on Caterpillar from $850.00 to $1,100.00 in a research note on Tuesday, May 5th. Oppenheimer set a $980.00 target price on Caterpillar and gave the stock an “outperform” rating in a research note on Friday, May 1st. Finally, Williams Trading set a $825.00 target price on Caterpillar in a research note on Tuesday, March 10th. Sixteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $923.14.

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.