Nippon Life Global Investors Americas Inc. Invests $20.26 Million in Caterpillar Inc. $CAT

Nippon Life Global Investors Americas Inc. acquired a new position in shares of Caterpillar Inc. (NYSE:CAT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 42,460 shares of the industrial products company’s stock, valued at approximately $20,260,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pacific Point Advisors LLC acquired a new position in shares of Caterpillar during the 4th quarter worth $579,000. Brighton Jones LLC boosted its stake in Caterpillar by 51.5% in the fourth quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock valued at $2,688,000 after buying an additional 2,519 shares in the last quarter. Redhawk Wealth Advisors Inc. grew its position in Caterpillar by 3.3% in the second quarter. Redhawk Wealth Advisors Inc. now owns 1,663 shares of the industrial products company’s stock valued at $646,000 after acquiring an additional 53 shares during the last quarter. HF Advisory Group LLC lifted its holdings in shares of Caterpillar by 19.0% in the second quarter. HF Advisory Group LLC now owns 877 shares of the industrial products company’s stock worth $340,000 after acquiring an additional 140 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Caterpillar during the 2nd quarter valued at approximately $82,000. Institutional investors own 70.98% of the company’s stock.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Bank of America raised its price target on CAT to $708 and kept a “buy” rating — a meaningful bullish signal from a major shop that can attract flows and support the share price. MarketScreener
• Positive Sentiment: JPMorgan analyst told investors CAT shares are expected to rise, adding institutional conviction to the bullish case and potentially supporting buying interest. Caterpillar (NYSE:CAT) Stock Price Expected to Rise
• Positive Sentiment: Caterpillar announced a partnership with NVIDIA to develop foundations for autonomous systems — this accelerates higher-margin, software-enabled product opportunities (autonomy, telematics) over time. Caterpillar partners with NVIDIA
• Positive Sentiment: Bernstein highlighted CAT as a potential winner if data centers shift to on-site power generation — a new end market for power systems could boost equipment and power solutions demand. Caterpillar is potential winner if data centers move power generation on-site
• Positive Sentiment: Articles emphasizing CAT’s ~30% payout ratio argue its dividend is well-covered and likely sustainable through downturns — supportive for income-focused investors. Caterpillar’s 30% Payout Ratio Shows Why Its Dividend Can Survive the Next Recession
• Neutral Sentiment: Caterpillar set its Q4 and full-year 2025 earnings release for Jan. 29 — this is the next key event risk/opportunity that will likely drive short-term volatility. Caterpillar Inc. to Announce Fourth-Quarter and Full-Year 2025 Financial Results on January 29
• Neutral Sentiment: Zacks highlights industrial stocks that could beat earnings using its Earnings ESP screen — a potential catalyst if CAT is included, but specifics/odds are unclear. These 2 Industrial Products Stocks Could Beat Earnings
• Negative Sentiment: Caterpillar is contesting a patent complaint from Bobcat and the trade commission will investigate — pending legal/ITC outcomes create downside risk and potential remedy costs or product restrictions. Caterpillar Fights Bobcat Patent Complaint; Trade Commission to Investigate

Insiders Place Their Bets

In related news, Director David Maclennan purchased 300 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was purchased at an average cost of $568.86 per share, with a total value of $170,658.00. Following the completion of the purchase, the director owned 7,947 shares in the company, valued at approximately $4,520,730.42. This trade represents a 3.92% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jason Kaiser sold 10,707 shares of the stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $563.60, for a total transaction of $6,034,465.20. Following the transaction, the insider directly owned 8,649 shares in the company, valued at $4,874,576.40. This trade represents a 55.32% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 54,729 shares of company stock valued at $31,084,308. 0.33% of the stock is currently owned by corporate insiders.

Caterpillar Stock Performance

Shares of Caterpillar stock opened at $646.95 on Friday. The company has a market cap of $302.76 billion, a P/E ratio of 33.21, a PEG ratio of 2.50 and a beta of 1.57. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 1.34. The business has a 50-day moving average price of $586.90 and a two-hundred day moving average price of $502.89. Caterpillar Inc. has a 1-year low of $267.30 and a 1-year high of $655.68.

Caterpillar (NYSE:CAT) last released its earnings results on Monday, November 3rd. The industrial products company reported $4.95 EPS for the quarter, topping the consensus estimate of $4.52 by $0.43. The business had revenue of $17.64 billion during the quarter, compared to analysts’ expectations of $16.72 billion. Caterpillar had a return on equity of 47.16% and a net margin of 14.34%.The firm’s revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the firm posted $5.17 earnings per share. As a group, analysts anticipate that Caterpillar Inc. will post 19.86 EPS for the current year.

Caterpillar Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Tuesday, January 20th will be paid a dividend of $1.51 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a $6.04 annualized dividend and a yield of 0.9%. Caterpillar’s dividend payout ratio is currently 31.01%.

Analyst Ratings Changes

Several equities analysts recently commented on CAT shares. Robert W. Baird increased their price objective on shares of Caterpillar from $612.00 to $680.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Citigroup increased their price target on Caterpillar from $690.00 to $710.00 and gave the company a “buy” rating in a research note on Tuesday. Royal Bank Of Canada initiated coverage on Caterpillar in a report on Wednesday, October 22nd. They issued a “sector perform” rating and a $560.00 target price for the company. Oppenheimer boosted their price target on Caterpillar from $513.00 to $645.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Finally, Evercore ISI lifted their target price on shares of Caterpillar from $476.00 to $630.00 and gave the stock an “outperform” rating in a research report on Monday, November 17th. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $623.10.

Caterpillar 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.