Requisite Capital Management LLC acquired a new position in Caterpillar Inc. (NYSE:CAT – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 886 shares of the industrial products company’s stock, valued at approximately $507,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. RiverFront Investment Group LLC boosted its holdings in shares of Caterpillar by 21.1% in the fourth quarter. RiverFront Investment Group LLC now owns 8,915 shares of the industrial products company’s stock worth $5,107,000 after buying an additional 1,552 shares during the last quarter. Sapient Capital LLC boosted its holdings in shares of Caterpillar by 1.8% in the fourth quarter. Sapient Capital LLC now owns 12,387 shares of the industrial products company’s stock worth $7,152,000 after buying an additional 214 shares during the last quarter. North Dakota State Investment Board purchased a new position in shares of Caterpillar in the fourth quarter worth approximately $9,094,000. Elyxium Wealth LLC boosted its holdings in shares of Caterpillar by 1.4% in the fourth quarter. Elyxium Wealth LLC now owns 2,542 shares of the industrial products company’s stock worth $1,457,000 after buying an additional 35 shares during the last quarter. Finally, Rossmore Private Capital boosted its holdings in shares of Caterpillar by 13.1% in the fourth quarter. Rossmore Private Capital now owns 4,766 shares of the industrial products company’s stock worth $2,730,000 after buying an additional 553 shares during the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.
Caterpillar Trading Up 0.1%
Caterpillar stock opened at $888.90 on Monday. The stock has a market cap of $409.42 billion, a P/E ratio of 44.25, a PEG ratio of 1.77 and a beta of 1.63. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81. Caterpillar Inc. has a 1 year low of $336.24 and a 1 year high of $931.35. The firm’s 50 day moving average price is $775.21 and its 200-day moving average price is $681.13.
Caterpillar Dividend Announcement
The firm 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. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.7%. Caterpillar’s dividend payout ratio (DPR) is 30.06%.
Caterpillar News Summary
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
Analysts Set New Price Targets
A number of research firms recently issued reports on CAT. HSBC raised their price objective on shares of Caterpillar from $850.00 to $1,100.00 in a report on Tuesday, May 5th. Argus raised their target price on shares of Caterpillar from $820.00 to $990.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Sanford C. Bernstein raised their target price on shares of Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a research note on Friday, May 1st. Bank of America raised their target price on shares of Caterpillar from $930.00 to $989.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Wolfe Research raised their target price on shares of Caterpillar from $670.00 to $750.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. Sixteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $923.14.
Insider Transactions at Caterpillar
In related news, insider Denise C. Johnson sold 12,605 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $907.91, for a total value of $11,444,205.55. Following the completion of the transaction, the insider directly owned 49,825 shares of the company’s stock, valued at approximately $45,236,615.75. This trade represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the completion of the transaction, the chief financial officer directly owned 52,935 shares of the company’s stock, valued at approximately $48,631,913.85. This trade represents a 22.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 103,287 shares of company stock valued at $93,259,774 in the last 90 days. Company insiders own 0.33% of the company’s stock.
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.
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