Oppenheimer & Co. Inc. Acquires 5,771 Shares of Caterpillar Inc. $CAT

Oppenheimer & Co. Inc. grew its holdings in Caterpillar Inc. (NYSE:CAT) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 70,526 shares of the industrial products company’s stock after purchasing an additional 5,771 shares during the period. Caterpillar makes up about 0.6% of Oppenheimer & Co. Inc.’s holdings, making the stock its 23rd biggest position. Oppenheimer & Co. Inc.’s holdings in Caterpillar were worth $40,402,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of CAT. Pacific Point Advisors LLC bought a new stake in shares of Caterpillar in the fourth quarter valued at approximately $579,000. Brighton Jones LLC increased its holdings in Caterpillar by 51.5% during the 4th quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock worth $2,688,000 after acquiring an additional 2,519 shares during the period. United Bank increased its holdings in Caterpillar by 108.5% during the 2nd quarter. United Bank now owns 4,083 shares of the industrial products company’s stock worth $1,585,000 after acquiring an additional 2,125 shares during the period. Schnieders Capital Management LLC. increased its holdings in Caterpillar by 3.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company’s stock worth $3,551,000 after acquiring an additional 347 shares during the period. Finally, Alliancebernstein L.P. increased its holdings in Caterpillar by 6.5% during the 2nd quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company’s stock worth $222,120,000 after acquiring an additional 34,846 shares during the period. Institutional investors own 70.98% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Morgan Stanley set a $915.00 target price on shares of Caterpillar in a report on Friday. DA Davidson upped their target price on shares of Caterpillar from $569.00 to $650.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. UBS Group reaffirmed a “neutral” rating and set a $677.00 target price on shares of Caterpillar in a report on Monday, February 2nd. Rothschild & Co Redburn upped their target price on shares of Caterpillar from $650.00 to $700.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Finally, Wells Fargo & Company upped their target price on shares of Caterpillar from $870.00 to $960.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Sixteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $789.82.

Insider Buying and Selling

In other news, CAO William E. Schaupp sold 972 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $764.20, for a total value of $742,802.40. Following the completion of the sale, the chief accounting officer owned 824 shares of the company’s stock, valued at approximately $629,700.80. This represents a 54.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Joseph E. Creed sold 2,500 shares of the company’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $718.93, for a total transaction of $1,797,325.00. Following the completion of the sale, the chief executive officer directly owned 35,083 shares of the company’s stock, valued at $25,222,221.19. This trade represents a 6.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 125,950 shares of company stock worth $88,577,390 in the last ninety days. 0.33% of the stock is currently owned by insiders.

Caterpillar Price Performance

Shares of NYSE:CAT opened at $890.91 on Friday. The company’s fifty day moving average price is $746.86 and its 200-day moving average price is $655.04. The firm has a market capitalization of $414.53 billion, a price-to-earnings ratio of 47.34, a PEG ratio of 1.87 and a beta of 1.52. Caterpillar Inc. has a one year low of $311.02 and a one year high of $896.98. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 0.94.

Caterpillar (NYSE:CAT) last announced 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. Caterpillar had a net margin of 13.14% and a return on equity of 45.76%. The company had revenue of $17.42 billion during the quarter, compared to analysts’ expectations of $16.53 billion. During the same quarter in the prior year, the company earned $4.25 EPS. The firm’s revenue was up 22.2% on a year-over-year basis. On average, equities research analysts anticipate that Caterpillar Inc. will post 22.89 earnings per share for the current fiscal year.

Caterpillar Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.7%. Caterpillar’s dividend payout ratio is 32.09%.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q1 beat and strong results: Caterpillar reported adjusted EPS of $5.54 and revenue of ~$17.4B (up ~22% YoY), topping estimates; management highlighted volume, pricing and a record backlog as drivers. Caterpillar Reports First-Quarter 2026 Results
• Positive Sentiment: Raised outlook on AI-driven demand: Management said AI buildouts are boosting demand for power generation and related equipment, prompting a higher annual revenue forecast and contributing to the stock’s move toward all‑time highs. Caterpillar forecasts higher annual revenue as power equipment benefits from AI buildout
• Positive Sentiment: Record backlog & sector impact: Reports note a record backlog in power and energy equipment for data centers and robust construction demand — a structural tailwind for near‑term revenue visibility. Caterpillar stock jumps on record backlog
• Positive Sentiment: Large power deals / channel expansion: Caterpillar entered a strategic framework with ProPetro’s PROPWR to supply up to 2.1 GW of generation capacity through 2031 — expands addressable market in data‑center and industrial power. PROPWR Secures Strategic Framework Agreement with Caterpillar Inc.
• Positive Sentiment: Capital returns: Management deployed ~$5.7B in the quarter for buybacks and dividends, supporting EPS and shareholder returns. Caterpillar Reports First-Quarter 2026 Results
• Neutral Sentiment: Market reaction / index impact: CAT’s post‑earnings rally helped lift major indexes and ETFs with Caterpillar exposure have seen inflows — useful for liquidity and momentum but not a fundamental change. ETFs tied to Caterpillar jump after the stock’s earnings-driven rally
• Negative Sentiment: Tariff and cost headwinds: Management warned of significant tariff costs for 2026 that could pressure margins and partially offset pricing and volume gains. Caterpillar expecting significant tariff costs again for 2026

Caterpillar Company Profile

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.