WD Rutherford LLC Sells 681 Shares of Caterpillar Inc. $CAT

Posted by George Bondi on Jul 2nd, 2026

WD Rutherford LLC decreased its holdings in Caterpillar Inc. (NYSE:CAT – Free Report) by 11.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,251 shares of the industrial products company’s stock after selling 681 shares during the quarter. WD Rutherford LLC’s holdings in Caterpillar were worth $3,720,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. EJMK Ventures LLC grew its stake in shares of Caterpillar by 8.0% in the 1st quarter. EJMK Ventures LLC now owns 457 shares of the industrial products company’s stock worth $324,000 after acquiring an additional 34 shares in the last quarter. Deltec Asset Management LLC bought a new position in shares of Caterpillar during the first quarter valued at about $213,000. Fulton Bank N.A. lifted its position in shares of Caterpillar by 6.7% during the first quarter. Fulton Bank N.A. now owns 4,161 shares of the industrial products company’s stock valued at $2,948,000 after purchasing an additional 260 shares in the last quarter. Cane Capital Partners LLC boosted its holdings in Caterpillar by 1.3% during the first quarter. Cane Capital Partners LLC now owns 1,371 shares of the industrial products company’s stock worth $972,000 after purchasing an additional 18 shares during the last quarter. Finally, Whelan Financial bought a new stake in Caterpillar in the 1st quarter worth about $211,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

Negative Sentiment: Michael Burry revealed he is short Caterpillar for the first time, saying the stock looks overvalued after its AI-fueled surge, which sparked a selloff in the shares. Michael Burry says he’s shorting Caterpillar for the first time after it nearly doubled in the AI-driven rally of 2026
Negative Sentiment: Additional coverage from Financial Post, Yahoo Finance, and Business Insider echoed Burry’s bearish stance, reinforcing pressure on Caterpillar shares as investors reassess the stock’s valuation. Michael Burry’s Short Call Dents Caterpillar’s AI-Fueled Rally
Neutral Sentiment: Despite the selloff, some recent analysis remains constructive: Caterpillar hit a 52-week high on the back of strong Q1 growth, a record backlog, Russell Top 50 inclusion, and an upbeat 2026 outlook. Caterpillar Hits 52-Week High: Should You Buy, Hold or Sell the Stock?
Neutral Sentiment: Erste Group also raised its FY2026 EPS estimate for Caterpillar, a small positive for fundamentals, though it was not enough to offset the negative news flow. Caterpillar Inc. (NYSE:CAT) – Free Report

Wall Street Analysts Forecast Growth

CAT has been the topic of several recent analyst reports. Sanford C. Bernstein lifted their target price on shares of Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a research report on Friday, May 1st. Wolfe Research upped their target price on Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. Wells Fargo & Company increased their price target on Caterpillar from $1,050.00 to $1,155.00 and gave the company an “overweight” rating in a research report on Tuesday, June 23rd. Morgan Stanley set a $915.00 price objective on Caterpillar and gave the stock an “equal weight” rating in a research report on Friday, May 1st. Finally, Robert W. Baird upped their price objective on Caterpillar from $1,165.00 to $1,200.00 and gave the company an “outperform” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $941.45.

Check Out Our Latest Report on Caterpillar

Insider Activity

In related news, CFO Andrew R. J. Bonfield sold 15,674 shares of the stock in a transaction 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 sale, the chief financial officer owned 52,935 shares in the company, valued at approximately $48,631,913.85. This trade represents a 22.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Lange Bob De sold 24,222 shares of Caterpillar stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $922.92, for a total value of $22,354,968.24. Following the sale, the insider directly owned 86,029 shares of the company’s stock, valued at $79,397,884.68. This represents a 21.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 95,773 shares of company stock valued at $87,642,635. 0.33% of the stock is currently owned by insiders.

Caterpillar Price Performance

Shares of NYSE CAT opened at $993.24 on Thursday. Caterpillar Inc. has a 1-year low of $388.09 and a 1-year high of $1,073.46. The stock has a fifty day simple moving average of $911.90 and a two-hundred day simple moving average of $765.06. The firm has a market cap of $457.48 billion, a price-to-earnings ratio of 49.44, a price-to-earnings-growth ratio of 2.10 and a beta of 1.57. The company has a current ratio of 1.35, a quick ratio of 0.81 and a debt-to-equity ratio of 1.64.

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 for the quarter, topping analysts’ consensus estimates of $4.65 by $0.89. The firm had revenue of $17.41 billion during the quarter, compared to analyst estimates of $16.53 billion. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The company’s quarterly revenue was up 22.2% on a year-over-year basis. During the same quarter last year, the business earned $4.25 earnings per share. Analysts anticipate that Caterpillar Inc. will post 24.66 earnings per share for the current year.

Caterpillar Increases Dividend

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

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.

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Institutional Ownership by Quarter for Caterpillar (NYSE:CAT)

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