Caterpillar Inc. $CAT Stock Holdings Lifted by KBC Group NV

KBC Group NV increased its position in shares of Caterpillar Inc. (NYSE:CAT) by 6.0% during the fourth quarter, Holdings Channel reports. The fund owned 155,227 shares of the industrial products company’s stock after acquiring an additional 8,732 shares during the quarter. KBC Group NV’s holdings in Caterpillar were worth $88,925,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Illinois Municipal Retirement Fund boosted its holdings in shares of Caterpillar by 7.3% during the third quarter. Illinois Municipal Retirement Fund now owns 17,262 shares of the industrial products company’s stock worth $8,237,000 after purchasing an additional 1,181 shares during the period. Union Bancaire Privee UBP SA grew its position in Caterpillar by 155.9% during the third quarter. Union Bancaire Privee UBP SA now owns 47,231 shares of the industrial products company’s stock valued at $21,014,000 after purchasing an additional 28,773 shares in the last quarter. Caprock Group LLC acquired a new position in Caterpillar in the 3rd quarter valued at approximately $8,893,000. ZEGA Investments LLC lifted its position in Caterpillar by 149.6% in the 3rd quarter. ZEGA Investments LLC now owns 4,184 shares of the industrial products company’s stock worth $1,996,000 after buying an additional 2,508 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its stake in shares of Caterpillar by 2.5% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 165,677 shares of the industrial products company’s stock valued at $79,053,000 after buying an additional 4,010 shares during the period. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar Trading Down 3.1%

Shares of NYSE:CAT opened at $769.87 on Thursday. The company has a current ratio of 1.44, a quick ratio of 0.94 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $358.21 billion, a PE ratio of 40.91, a P/E/G ratio of 1.86 and a beta of 1.52. Caterpillar Inc. has a 1 year low of $282.46 and a 1 year high of $798.54. The firm has a fifty day moving average price of $731.99 and a 200 day moving average price of $630.98.

Caterpillar (NYSE:CAT) last posted its earnings results on Thursday, January 29th. The industrial products company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.67 by $0.49. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The company had revenue of $19.13 billion for the quarter, compared to analyst estimates of $17.81 billion. During the same period last year, the company earned $5.14 earnings per share. The business’s revenue was up 17.9% compared to the same quarter last year. Analysts expect that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 19th. Investors of record on Monday, April 20th will be issued a $1.51 dividend. This represents a $6.04 annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, April 20th. Caterpillar’s payout ratio is 32.09%.

Insider Transactions at Caterpillar

In other news, insider Lange Bob De sold 22,656 shares of the business’s 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 directly owned 79,953 shares in the company, valued at approximately $57,574,954.83. The trade was a 22.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO William E. Schaupp sold 972 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $764.20, for a total transaction of $742,802.40. Following the sale, the chief accounting officer directly owned 824 shares of the company’s stock, valued at approximately $629,700.80. This represents a 54.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 125,950 shares of company stock worth $88,577,390. 0.33% of the stock is currently owned by company insiders.

Key Stories Impacting Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Citi, Jefferies and Oppenheimer raised price targets and reiterated buy/outperform views, supporting longer‑term upside expectations for CAT shares. Citigroup Increases Caterpillar Price Target Jefferies Raises Target to $900 Oppenheimer Raises Target to $832
• Positive Sentiment: Underlying fundamentals remain strong — recent quarterly results beat estimates, revenue and backlog growth are supportive, which analysts cite when lifting targets. Investors Heavily Search Caterpillar
• Neutral Sentiment: Caterpillar is pursuing technology acquisitions (AI/autonomy for off‑road vehicles) to accelerate electrification and autonomy — strategically positive but brings integration risk and unclear near‑term returns. Caterpillar buys little-known AI startup
• Neutral Sentiment: Caterpillar is going ex‑dividend soon, a near‑term catalyst for yield‑focused investors but not a major directional driver for valuation. Dividend Article
• Negative Sentiment: Caterpillar acquired Monarch Tractor assets after the startup collapsed amid dealer and technology problems — investors may view this as buying distressed tech with execution risk, which likely contributed to selling today. Monarch Tractor Acquisition
• Negative Sentiment: Some sell‑side and model‑based commentary warns much of 2025’s gains are priced in (limited upside vs. current levels), prompting profit‑taking and weighing on the stock. 24/7 Wall St. Valuation Note
• Negative Sentiment: Market‑wide moves and short‑term investor reaction to the tech‑acquisition headlines have triggered intraday selling pressure; that broad positioning change amplified the decline. CAT Stock Falls Amid Market Uptick

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. HSBC upped their price target on shares of Caterpillar from $660.00 to $850.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Citigroup boosted their target price on Caterpillar from $785.00 to $905.00 and gave the company a “buy” rating in a research note on Monday. Wolfe Research upped their target price on Caterpillar from $670.00 to $750.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. Wells Fargo & Company raised their price target on Caterpillar from $756.00 to $870.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Finally, Truist Financial lifted their price target on Caterpillar from $729.00 to $786.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Sixteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Caterpillar presently has a consensus rating of “Moderate Buy” and an average target price of $751.45.

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.