Williamson Legacy Group LLC Buys New Stake in Caterpillar Inc. $CAT

Williamson Legacy Group LLC bought a new stake in Caterpillar Inc. (NYSE:CAT) in the 4th quarter, Holdings Channel.com reports. The fund bought 1,005 shares of the industrial products company’s stock, valued at approximately $576,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Plancorp LLC raised its holdings in shares of Caterpillar by 0.5% during the 4th quarter. Plancorp LLC now owns 2,777 shares of the industrial products company’s stock worth $1,591,000 after buying an additional 15 shares in the last quarter. BlueStem Wealth Partners LLC raised its holdings in shares of Caterpillar by 1.3% during the 4th quarter. BlueStem Wealth Partners LLC now owns 1,192 shares of the industrial products company’s stock worth $683,000 after buying an additional 15 shares in the last quarter. KDT Advisors LLC raised its holdings in shares of Caterpillar by 2.3% during the 4th quarter. KDT Advisors LLC now owns 657 shares of the industrial products company’s stock worth $376,000 after buying an additional 15 shares in the last quarter. CFO4Life Group LLC raised its holdings in shares of Caterpillar by 2.5% during the 4th quarter. CFO4Life Group LLC now owns 626 shares of the industrial products company’s stock worth $359,000 after buying an additional 15 shares in the last quarter. Finally, Sandy Cove Advisors LLC raised its holdings in shares of Caterpillar by 1.2% during the 4th quarter. Sandy Cove Advisors LLC now owns 1,279 shares of the industrial products company’s stock worth $733,000 after buying an additional 15 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.

Key Headlines Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar was highlighted as flashing a buy signal in market commentary as major indexes pushed to new highs, suggesting technical strength and continued investor demand for the stock. Dow Jones Futures Rise After S&P 500, Nasdaq Hit Highs; 5 AI Stocks In Buy Areas
• Positive Sentiment: A bullish piece argued Caterpillar has a sizable “hidden AI” revenue stream, citing about $10.2 billion in generator sales tied to data centers, which could reinforce the market’s growth narrative for CAT. A $10.2 Billion Hidden AI Revenue Stream Most Investors Are Missing
• Positive Sentiment: Another article framed Caterpillar as a potential beneficiary of increased industrial and construction spending, keeping the stock in focus among momentum-oriented investors. Best Construction Stocks To Follow Today – May 23rd
• Positive Sentiment: Caterpillar was also included in an industrial-stocks watchlist, which can add to positive sentiment when sector rotation favors cyclicals and heavy equipment makers. Industrial Stocks To Watch Now – May 25th
• Neutral Sentiment: A Reuters-style market roundup noted Caterpillar among names flashing buy signals, but the article’s main focus was on the broader rally and Micron’s surge rather than any new Caterpillar-specific catalyst. Dow Jones Futures: S&P 500, Nasdaq Hit Highs As Micron Tops $1 Trillion; 5 AI Stocks In Buy Areas
• Neutral Sentiment: Clinch Resources announced it bought a Caterpillar highwall miner for its West Virginia coal operation, which is supportive of equipment demand but appears to be a small, single-customer development. Clinch Resources acquires first Caterpillar highwall miner for West Virginia met coal operation
• Neutral Sentiment: One article discussed Caterpillar in the context of the Iran war and its rebound, but it did not introduce a new fundamental driver for the stock. Is Caterpillar a Buy, Sell, or Hold Amid the Iran War?

Insider Buying and Selling

In other news, insider Lange Bob De sold 24,222 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $922.92, for a total value of $22,354,968.24. Following the completion of the sale, the insider owned 86,029 shares of the company’s stock, valued at approximately $79,397,884.68. This represents a 21.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $918.71, for a total value of $14,399,860.54. Following the completion of the sale, the chief financial officer directly owned 52,935 shares of the company’s stock, valued at approximately $48,631,913.85. The trade was a 22.85% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 98,273 shares of company stock valued at $89,439,960. Corporate insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. DA Davidson boosted their price target on Caterpillar from $650.00 to $845.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Rothschild & Co Redburn boosted their price target on Caterpillar from $700.00 to $950.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Sanford C. Bernstein boosted their price target on Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a report on Friday, May 1st. Wall Street Zen upgraded Caterpillar from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Citigroup increased their target price on Caterpillar from $905.00 to $1,020.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Sixteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Caterpillar currently has a consensus rating of “Moderate Buy” and an average price target of $923.14.

Caterpillar Trading Up 3.3%

Shares of CAT stock opened at $909.25 on Wednesday. The stock has a market cap of $418.79 billion, a price-to-earnings ratio of 45.26, a PEG ratio of 1.74 and a beta of 1.63. The stock has a 50-day moving average of $799.63 and a 200-day moving average of $696.43. 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 $339.50 and a 1-year high of $931.35.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, beating the consensus estimate of $4.65 by $0.89. The company had revenue of $17.42 billion during 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%.The business’s quarterly revenue was up 22.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.25 earnings per share. On average, equities research analysts forecast that Caterpillar Inc. will post 24.67 earnings per share for the current year.

Caterpillar Announces Dividend

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

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.