Xponance LLC Grows Stock Position in Caterpillar Inc. $CAT

Xponance LLC lifted its stake in shares of Caterpillar Inc. (NYSE:CAT) by 11.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,942 shares of the industrial products company’s stock after purchasing an additional 7,903 shares during the quarter. Xponance LLC’s holdings in Caterpillar were worth $42,932,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of CAT. Wellington Management Group LLP raised its stake in shares of Caterpillar by 3,949.8% during the third quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company’s stock worth $2,494,568,000 after purchasing an additional 5,098,964 shares during the last quarter. Capital International Investors purchased a new stake in shares of Caterpillar during the fourth quarter worth approximately $1,225,317,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Caterpillar by 573.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,504,612 shares of the industrial products company’s stock worth $861,947,000 after purchasing an additional 1,281,087 shares during the last quarter. Amundi raised its position in Caterpillar by 24.3% in the third quarter. Amundi now owns 2,375,710 shares of the industrial products company’s stock worth $1,176,870,000 after acquiring an additional 464,036 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Caterpillar by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 46,385,185 shares of the industrial products company’s stock worth $26,572,681,000 after acquiring an additional 442,164 shares in the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Insider Activity

In related news, CFO Andrew R. J. Bonfield sold 15,674 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the transaction, 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 transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Jason Kaiser sold 5,642 shares of Caterpillar stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $883.03, for a total value of $4,982,055.26. Following the sale, the insider owned 9,594 shares in the company, valued at $8,471,789.82. This represents a 37.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 95,773 shares of company stock worth $87,642,635 in the last ninety days. 0.33% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Wells Fargo & Company increased their price objective on Caterpillar from $960.00 to $1,050.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. HSBC increased their price objective on Caterpillar from $850.00 to $1,100.00 in a research report on Tuesday, May 5th. Evercore reiterated an “outperform” rating and issued a $1,103.00 price objective on shares of Caterpillar in a research report on Monday, May 11th. Jefferies Financial Group increased their price objective on Caterpillar from $900.00 to $1,045.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, Truist Financial set a $1,043.00 price target on Caterpillar in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $933.27.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Caterpillar announced an 8% increase in its quarterly dividend to $1.63 per share, extending its dividend growth streak to 32 straight years. That signals confidence in cash flow and may be encouraging income-focused investors. Caterpillar Inc. Increases Dividend
• Positive Sentiment: Several recent writeups highlighted Caterpillar as a momentum/strong-buy candidate, with Zacks including CAT on its Rank #1 momentum list. That can add near-term sentiment support. Best Momentum Stocks to Buy for June 11th
• Positive Sentiment: Analysts at Erste Group raised FY2026 and FY2027 earnings estimates for Caterpillar, reflecting expectations for continued earnings growth. Higher estimates can help justify the stock’s elevated valuation. Caterpillar Inc. analyst estimate update
• Neutral Sentiment: Caterpillar was also mentioned in a report about an Austal and Caterpillar global value agreement, but the article details provided do not indicate a major financial impact on CAT. Austal and Caterpillar in Global Value Agreement
• Negative Sentiment: Some market commentary warned that Caterpillar may face a reversal risk because its recent rally has pushed the stock to a rich valuation and formed a potentially bearish technical pattern. That could limit further upside. Caterpillar stock faces a major risk of a reversal amid valuation risks
• Negative Sentiment: One market note said CAT was among the stocks weighing on the Dow during a broad market selloff, suggesting some of the stock’s recent move may be tied to overall volatility rather than company-specific weakness. Dow’s 663-point drop led by losses for shares of Caterpillar, Honeywell

Caterpillar Stock Up 4.9%

Shares of NYSE:CAT opened at $898.14 on Friday. The stock’s 50-day moving average price is $848.24 and its two-hundred day moving average price is $725.35. 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 12-month low of $355.70 and a 12-month high of $946.83. The firm has a market cap of $413.68 billion, a price-to-earnings ratio of 44.71, a PEG ratio of 1.69 and a beta of 1.59.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.65 by $0.89. The firm had revenue of $17.42 billion for the quarter, compared to analyst estimates of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The firm’s quarterly revenue was up 22.2% on a year-over-year basis. During the same period last year, the company earned $4.25 EPS. On average, research analysts forecast that Caterpillar Inc. will post 24.69 EPS for the current year.

Caterpillar Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Monday, July 20th will be given a dividend of $1.63 per share. This is a boost from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Monday, July 20th. This represents a $6.52 annualized dividend and a yield of 0.7%. Caterpillar’s dividend payout ratio is presently 30.06%.

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.