Caterpillar Inc. (NYSE:CAT – Get Free Report) insider Denise Johnson sold 12,605 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the transaction, the insider directly owned 49,825 shares of the company’s stock, valued at $45,236,615.75. This represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Caterpillar Stock Performance
CAT traded down $31.32 during trading on Friday, reaching $888.90. 2,905,888 shares of the company’s stock were exchanged, compared to its average volume of 2,697,849. Caterpillar Inc. has a 1 year low of $336.24 and a 1 year high of $931.35. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81. The stock has a market capitalization of $409.42 billion, a P/E ratio of 44.25, a price-to-earnings-growth ratio of 1.81 and a beta of 1.63. The company’s fifty day simple moving average is $775.21 and its 200-day simple moving average is $680.05.
Caterpillar (NYSE:CAT – Get Free Report) last posted 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. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The company had revenue of $17.42 billion during the quarter, compared to analyst estimates of $16.53 billion. During the same period last year, the firm posted $4.25 EPS. Caterpillar’s revenue for the quarter was up 22.2% compared to the same quarter last year. As a group, research analysts predict that Caterpillar Inc. will post 24.21 earnings per share for the current fiscal year.
Caterpillar Announces Dividend
Institutional Investors Weigh In On Caterpillar
A number of institutional investors have recently added to or reduced their stakes in CAT. Pacific Point Advisors LLC acquired a new stake in Caterpillar in the 4th quarter valued at $579,000. Brighton Jones LLC increased its stake in Caterpillar by 51.5% during the 4th quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock worth $2,688,000 after buying an additional 2,519 shares in the last quarter. United Bank raised its holdings in shares of Caterpillar by 108.5% during the second quarter. United Bank now owns 4,083 shares of the industrial products company’s stock valued at $1,585,000 after acquiring an additional 2,125 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in shares of Caterpillar by 3.9% in the second quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company’s stock valued at $3,551,000 after acquiring an additional 347 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its stake in shares of Caterpillar by 6.5% in the second quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company’s stock worth $222,120,000 after acquiring an additional 34,846 shares during the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.
More Caterpillar News
Here are the key news stories impacting Caterpillar this week:
- Positive Sentiment: Rothschild & Co Redburn lifted its price target on Caterpillar to $950 from $700, signaling continued upside potential despite keeping a neutral rating. Rothschild & Co Redburn adjusts price target on Caterpillar to $950 from $700, maintains neutral rating
- Positive Sentiment: Commentary from Jim Cramer called Caterpillar “a buy,” citing oil and gas exposure, infrastructure spending, and AI data-center power demand as potential tailwinds. Jim Cramer Says Caterpillar Is a Buy
- Positive Sentiment: Caterpillar said it is hiring 600 workers at its Sanford, North Carolina plant to support compact track loader production, suggesting strong demand and added manufacturing activity. Caterpillar hiring 600 jobs at Sanford plant
- Positive Sentiment: Industry research on Saudi Arabia’s construction equipment market pointed to Caterpillar as a key player in a market expected to grow steadily through 2030, supported by large infrastructure projects. Saudi Arabia Construction Equipment Industry Research 2026-2031 Featuring Caterpillar
Wall Street Analysts Forecast Growth
CAT has been the topic of several recent research reports. Sanford C. Bernstein upped their price objective on Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a research report on Friday, May 1st. Wall Street Zen upgraded shares of Caterpillar from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Daiwa Securities Group increased their price target on shares of Caterpillar from $790.00 to $900.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. JPMorgan Chase & Co. raised their price target on shares of Caterpillar from $860.00 to $1,125.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Finally, Jefferies Financial Group increased their target price on shares of Caterpillar from $900.00 to $1,045.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Sixteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $923.14.
View Our Latest Stock Report on Caterpillar
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.
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