Mitsubishi UFJ Asset Management Co. Ltd. Reduces Holdings in Caterpillar Inc. $CAT

Mitsubishi UFJ Asset Management Co. Ltd. reduced its position in Caterpillar Inc. (NYSE:CAT) by 0.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,245,136 shares of the industrial products company’s stock after selling 10,371 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.27% of Caterpillar worth $594,117,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CAT. Kilter Group LLC acquired a new position in shares of Caterpillar in the 2nd quarter valued at approximately $27,000. Marquette Asset Management LLC raised its holdings in Caterpillar by 1,060.0% in the third quarter. Marquette Asset Management LLC now owns 58 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 53 shares in the last quarter. RiverPark Advisors LLC bought a new position in Caterpillar during the 2nd quarter valued at $32,000. Joseph Group Capital Management acquired a new position in Caterpillar during the 3rd quarter worth $32,000. Finally, Vermillion & White Wealth Management Group LLC raised its stake in shares of Caterpillar by 107.0% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 89 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 46 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Wall Street lifts targets — Wells Fargo raised its CAT price target to $870 (overweight) and Daiwa boosted its target to $790, signaling stronger analyst conviction that Caterpillar can capture continued demand. Wells Fargo price target rise Daiwa price target rise
• Positive Sentiment: AI/data‑center capex tailwind — Strategists are positioning CAT as a “HALO” (Hard Asset, Low Obsolescence) play to benefit from $+600B of data center and AI buildout: demand for heavy equipment to construct large facilities supports longer-term machinery orders. Strategist sees Deere, Caterpillar as low-volatility AI plays
• Positive Sentiment: Strategic venture investing — Caterpillar Venture Capital backed ElevenEs’ Series B first closing, reflecting CAT’s push into adjacent tech/commodity-trading solutions that could broaden revenue streams over time. ElevenEs Series B closing backed by Caterpillar Venture Capital
• Positive Sentiment: Buildout of services and software — Caterpillar acquired RPMGlobal (mining software) and is rolling out a redesigned rental management experience, both moves that expand higher‑margin, recurring services and digital offerings. Caterpillar Acquired RPMGlobal Caterpillar to launch redesigned rental management experience
• Neutral Sentiment: PR and workforce focus — Caterpillar hosted its Global Technician Finals in Peoria (skills/brand positive but limited direct EPS impact). Caterpillar hosts its Global Technician Finals in Peoria
• Neutral Sentiment: Comparative industry coverage — Pieces contrasting Caterpillar and Deere highlight divergent earnings narratives; useful context for relative positioning but not an immediate catalyst. Caterpillar vs Deere article
• Negative Sentiment: Insider selling and option activity — Director/officer Rodney Shurman disclosed sales (and option exercises reported separately), reducing his stake materially; investors often view repeated insider sales as a modest near‑term negative. Rodney Michael Shurman insider sale Insider exercises options
• Negative Sentiment: Short interest jump — Short interest rose ~61% in February to ~10M shares (2.2% of float). While still a small share of float, the spike increases volatility and could weigh on near‑term sentiment. (Data source: short interest release)

Analysts Set New Price Targets

CAT has been the topic of several research reports. Evercore upped their price objective on Caterpillar from $476.00 to $630.00 and gave the company an “outperform” rating in a research note on Monday, November 17th. Citigroup upped their price target on Caterpillar from $710.00 to $760.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Wolfe Research boosted their target price 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. Daiwa Securities Group raised their price target on shares of Caterpillar from $640.00 to $790.00 in a research report on Wednesday. Finally, Jefferies Financial Group boosted their price objective on shares of Caterpillar from $700.00 to $750.00 and gave the company a “buy” rating in a research report on Tuesday, January 27th. Sixteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Caterpillar presently has an average rating of “Moderate Buy” and a consensus target price of $712.52.

Caterpillar Stock Performance

Shares of NYSE CAT opened at $766.15 on Thursday. Caterpillar Inc. has a 12-month low of $267.30 and a 12-month high of $789.81. The company has a market cap of $356.48 billion, a PE ratio of 40.71, a P/E/G ratio of 1.82 and a beta of 1.58. The stock has a 50 day simple moving average of $660.74 and a 200-day simple moving average of $559.89. The company has a current ratio of 1.44, a quick ratio of 0.94 and a debt-to-equity ratio of 1.44.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.67 by $0.49. The business had revenue of $19.13 billion for the quarter, compared to analysts’ expectations of $17.81 billion. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The company’s revenue was up 17.9% on a year-over-year basis. During the same period in the previous year, the business earned $5.14 earnings per share. On average, equities research analysts forecast that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Dividend Announcement

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

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 Denise C. Johnson sold 39,138 shares of the firm’s stock in a transaction dated 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 transaction, the insider directly owned 43,350 shares of the company’s stock, valued at $29,524,818. This represents a 47.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 143,450 shares of company stock worth $98,245,065 in the last quarter. Company 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.