Caterpillar Inc. $CAT Shares Bought by Gotham Asset Management LLC

Posted by Brian Himes on Jun 18th, 2026

Gotham Asset Management LLC grew its holdings in shares of Caterpillar Inc. (NYSE:CAT – Free Report) by 5.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 122,473 shares of the industrial products company’s stock after buying an additional 5,884 shares during the period. Caterpillar accounts for about 0.3% of Gotham Asset Management LLC’s holdings, making the stock its 24th largest holding. Gotham Asset Management LLC’s holdings in Caterpillar were worth $70,161,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings 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 buying an additional 442,164 shares in the last quarter. State Street Corp lifted its position in Caterpillar by 1.1% in the fourth quarter. State Street Corp now owns 35,388,550 shares of the industrial products company’s stock valued at $20,273,039,000 after acquiring an additional 385,204 shares during the last quarter. Geode Capital Management LLC boosted its stake in Caterpillar by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 10,610,182 shares of the industrial products company’s stock valued at $6,072,572,000 after acquiring an additional 94,524 shares in the last quarter. Fisher Asset Management LLC grew its holdings in shares of Caterpillar by 0.6% during the fourth quarter. Fisher Asset Management LLC now owns 9,493,266 shares of the industrial products company’s stock worth $5,438,408,000 after purchasing an additional 54,069 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Caterpillar by 16.0% during the fourth quarter. Bank of America Corp DE now owns 6,738,802 shares of the industrial products company’s stock worth $3,860,457,000 after purchasing an additional 928,974 shares during the last quarter. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar Stock Up 1.0%

Shares of NYSE CAT opened at $955.17 on Thursday. The firm has a market cap of $439.94 billion, a P/E ratio of 47.54, a price-to-earnings-growth ratio of 1.87 and a beta of 1.59. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. Caterpillar Inc. has a 1 year low of $356.96 and a 1 year high of $975.64. The firm’s 50 day moving average price is $865.45 and its 200 day moving average price is $735.73.

Caterpillar (NYSE:CAT – Get Free Report) last issued its 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 return on equity of 48.21% and a net margin of 13.33%.The business had revenue of $17.42 billion during the quarter, compared to analysts’ expectations of $16.53 billion. During the same quarter in the previous year, the business earned $4.25 EPS. The company’s revenue for the quarter was up 22.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Caterpillar Inc. will post 24.62 earnings per share for the current year.

Caterpillar Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be given a dividend of $1.63 per share. The ex-dividend date of this dividend is Monday, July 20th. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.7%. Caterpillar’s dividend payout ratio is 30.06%.

Insider Buying and Selling

In other Caterpillar news, insider Anthony D. Fassino sold 16,283 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $916.80, for a total transaction of $14,928,254.40. Following the transaction, the insider owned 46,041 shares of the company’s stock, valued at $42,210,388.80. This trade represents a 26.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Andrew R. J. Bonfield sold 15,674 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $918.71, for a total value of $14,399,860.54. Following the completion of the sale, the chief financial officer directly owned 52,935 shares in the company, valued at approximately $48,631,913.85. This trade represents a 22.85% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 95,773 shares of company stock worth $87,642,635. 0.33% of the stock is currently owned by insiders.

Caterpillar News Roundup

Here are the key news stories impacting Caterpillar this week:

Positive Sentiment: JPMorgan raised its price target on Caterpillar to $1,165 from $1,125 and kept an “overweight” rating, signaling continued confidence in the stock’s upside. MarketScreener
Positive Sentiment: Articles highlighted Caterpillar as a blue-chip stock to own, helped by bullish market momentum as the Dow reached a new milestone. Zacks
Positive Sentiment: Caterpillar recently increased its dividend, reinforcing management’s confidence in cash generation and making the stock more attractive to income investors. Yahoo Finance
Positive Sentiment: Coverage also pointed to Caterpillar’s improving growth story, including a large AI-related backlog and rising demand in its power generation business, which supports a stronger long-term outlook. Yahoo Finance
Neutral Sentiment: Several market recap pieces noted Caterpillar’s gains were helping lift the Dow to record highs, but these articles were more about broad index performance than a new company-specific catalyst. MSN

Analysts Set New Price Targets

CAT has been the topic of a number of research reports. Citigroup raised their price target on Caterpillar from $905.00 to $1,020.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Williams Trading set a $825.00 price objective on Caterpillar in a report on Tuesday, March 10th. Zacks Research raised shares of Caterpillar from a “hold” rating to a “strong-buy” rating in a report on Monday, June 8th. DA Davidson upped their price target on shares of Caterpillar from $650.00 to $845.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Finally, Argus raised their price objective on shares of Caterpillar from $820.00 to $990.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Caterpillar has an average rating of “Moderate Buy” and an average price target of $935.09.

Read Our Latest Stock Analysis on Caterpillar

Caterpillar Profile

(Free Report)

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.