Vise Technologies Inc. lifted its position in shares of Caterpillar Inc. (NYSE:CAT – Free Report) by 36.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 23,788 shares of the industrial products company’s stock after buying an additional 6,326 shares during the period. Vise Technologies Inc.’s holdings in Caterpillar were worth $13,627,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Wellington Management Group LLP raised its stake in shares of Caterpillar by 3,949.8% in the 3rd quarter. Wellington Management Group LLP now owns 5,228,058 shares of the industrial products company’s stock valued at $2,494,568,000 after acquiring an additional 5,098,964 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Caterpillar by 573.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,504,612 shares of the industrial products company’s stock valued at $861,947,000 after acquiring an additional 1,281,087 shares during the period. Amundi raised its stake in shares of Caterpillar by 24.3% in the 3rd quarter. Amundi now owns 2,375,710 shares of the industrial products company’s stock valued at $1,176,870,000 after acquiring an additional 464,036 shares during the period. Vanguard Group Inc. raised its stake in shares of Caterpillar by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 46,385,185 shares of the industrial products company’s stock valued at $26,572,681,000 after acquiring an additional 442,164 shares during the period. Finally, Alphinity Investment Management Pty Ltd purchased a new position in shares of Caterpillar in the 4th quarter valued at $252,204,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.
Caterpillar Trading Up 1.6%
Shares of NYSE:CAT opened at $940.91 on Friday. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64. The company has a 50 day moving average of $828.26 and a 200-day moving average of $713.07. Caterpillar Inc. has a twelve month low of $345.85 and a twelve month high of $946.83. The firm has a market cap of $433.37 billion, a P/E ratio of 46.83, a P/E/G ratio of 1.83 and a beta of 1.59.
Caterpillar Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Monday, April 20th were given a $1.51 dividend. This represents a $6.04 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, April 20th. Caterpillar’s dividend payout ratio is 30.06%.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on CAT shares. Citigroup raised their target price on shares of Caterpillar from $905.00 to $1,020.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Bank of America raised their price target on shares of Caterpillar from $930.00 to $989.00 and gave the company a “buy” rating in a report on Friday, May 1st. Robert W. Baird raised their price objective on shares of Caterpillar from $940.00 to $1,165.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Evercore reissued an “outperform” rating and issued a $1,103.00 target price on shares of Caterpillar in a report on Monday, May 11th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Caterpillar in a research note on Friday, May 8th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $933.27.
Read Our Latest Stock Report on CAT
Insiders Place Their Bets
In related news, CAO William E. Schaupp sold 360 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $906.00, for a total value of $326,160.00. Following the completion of the sale, the chief accounting officer owned 530 shares in the company, valued at approximately $480,180. This represents a 40.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer 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 position. The SEC filing for this sale provides additional information. Insiders have sold 95,773 shares of company stock worth $87,642,635 in the last quarter. Corporate insiders own 0.33% of the company’s stock.
Caterpillar News Roundup
Here are the key news stories impacting Caterpillar this week:
- Positive Sentiment: Tariff relief on farm and construction equipment could lower input costs and improve Caterpillar’s profitability, making the stock more attractive to investors. Trump Just Gave Caterpillar Stock a Boost. What to Know.
- Positive Sentiment: Market commentary suggests Caterpillar is among the equipment makers that could benefit most from the tariff cuts, reinforcing the bullish case for CAT shares. When Trump Cuts Tariffs on Farm and Construction Equipment, These 5 Stocks Win Big
- Neutral Sentiment: Coverage of Caterpillar’s BEPU electric drivetrain effort highlights the company’s long-term electrification strategy, but it appears to be more of a future-growth theme than a near-term stock driver. Caterpillar BEPU makes going electric as easy as swapping an engine
- Neutral Sentiment: General industry roundups and market coverage mention Caterpillar among construction stocks to watch, but they do not provide a new company-specific catalyst. Construction Stocks To Consider – June 1st
- Neutral Sentiment: Broader market reporting noted CAT rising alongside the Dow, but this reflects general risk-on sentiment rather than a separate fundamental development. Dow moves higher as shares of Caterpillar climb
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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