United Capital Management of KS Inc. Sells 2,091 Shares of Caterpillar Inc. $CAT

United Capital Management of KS Inc. lowered its stake in Caterpillar Inc. (NYSE:CAT) by 18.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,294 shares of the industrial products company’s stock after selling 2,091 shares during the period. United Capital Management of KS Inc.’s holdings in Caterpillar were worth $4,434,000 as of its most recent filing with the SEC.

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

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: JPMorgan raised its price target to $860 and reiterated an Overweight rating, signaling strong analyst conviction and a sizable upside versus recent levels. JPMorgan Adjusts Price Target on Caterpillar
• Positive Sentiment: An analyst upgrade drove short-term buying earlier this week, lifting the shares before the broader pullback — evidence that upgrades can offset some selling pressure. Caterpillar Stock Price Up After Analyst Upgrade
• Positive Sentiment: Sector/technology thesis: a Seeking Alpha piece highlights a potential underappreciated tailwind from AI-related on-site power needs where Caterpillar’s power systems could benefit — a thematic growth angle beyond construction cyclicality. Caterpillar: Everyone Is Betting On AI Bottlenecks
• Neutral Sentiment: Product/branding news: Caterpillar unveiled heavy-duty pickup/truck concepts (and a PR story showing an AI-generated mockup first), which support brand and marketing momentum but are unlikely to materially move near-term earnings. Caterpillar’s New Heavy-Duty Truck Concept
• Neutral Sentiment: Workforce initiatives: Caterpillar is promoting technician/operator challenges and training programs—positive for long-term service capability and dealer strength but not an immediate earnings driver. Caterpillar Elevates Skilled Trades
• Negative Sentiment: Investors punished the stock amid concerns about an “extreme” valuation and premium multiples; several analysis pieces flagged that CAT trades at a rich valuation relative to cyclicality, pressuring the share price. Caterpillar: High-Quality Cyclical Company With An Extreme Valuation
• Negative Sentiment: Market action: Caterpillar’s decline was a major contributor to a sharp Dow drop, reflecting outsized intraday selling and amplifying downside momentum. Dow Falls on Losses in Shares of Caterpillar
• Negative Sentiment: Zacks and other outlets flagged risks from tariffs, premium valuation and macro sensitivity despite recent record revenue — reinforcing caution among some investors. Caterpillar Trades at Premium Valuation

Insider Activity at Caterpillar

In other news, insider Lange Bob De sold 22,656 shares of Caterpillar stock in a transaction on Friday, February 6th. The shares were sold at an average price of $720.11, for a total value of $16,314,812.16. Following the completion of the sale, the insider owned 79,953 shares in the company, valued at $57,574,954.83. The trade was a 22.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Rodney Michael Shurman sold 2,278 shares of the 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 transaction, the insider directly owned 1,443 shares in the company, valued at approximately $1,096,117.23. This represents a 61.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 133,450 shares of company stock worth $92,530,665. Corporate insiders own 0.33% of the company’s stock.

Caterpillar Price Performance

Shares of NYSE CAT opened at $706.40 on Friday. The company has a market capitalization of $328.68 billion, a PE ratio of 37.53, a P/E/G ratio of 1.73 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 twelve month low of $267.30 and a twelve month high of $789.81. The firm has a fifty day simple moving average of $679.50 and a 200 day simple moving average of $572.33.

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

Caterpillar Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th were paid a $1.51 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a $6.04 annualized dividend and a yield of 0.9%. Caterpillar’s payout ratio is 32.09%.

Analyst Ratings Changes

A number of research analysts have recently commented on CAT shares. Jefferies Financial Group increased their price target on Caterpillar from $700.00 to $750.00 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Raymond James Financial reaffirmed a “market perform” rating on shares of Caterpillar in a report on Wednesday, January 7th. Evercore lifted their price target on Caterpillar from $476.00 to $630.00 and gave the company an “outperform” rating in a research note on Monday, November 17th. Robert W. Baird set a $805.00 price objective on Caterpillar in a research note on Friday, January 30th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Caterpillar in a research report on Monday, December 29th. Sixteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $717.05.

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.