Gerald Baker Financial Group LLC purchased a new position in Caterpillar Inc. (NYSE:CAT – Free Report) in the first quarter, Holdings Channel reports. The fund purchased 14,731 shares of the industrial products company’s stock, valued at approximately $10,436,000. Caterpillar comprises about 3.5% of Gerald Baker Financial Group LLC’s holdings, making the stock its 6th largest holding.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lam Group Inc. purchased a new stake in shares of Caterpillar during the 1st quarter worth $26,000. Torren Management LLC purchased a new position in Caterpillar in the fourth quarter valued at $27,000. Frazier Financial Advisors LLC raised its stake in Caterpillar by 220.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock valued at $28,000 after buying an additional 33 shares in the last quarter. Cedar Mountain Advisors LLC raised its stake in Caterpillar by 82.1% in the first quarter. Cedar Mountain Advisors LLC now owns 51 shares of the industrial products company’s stock valued at $36,000 after buying an additional 23 shares in the last quarter. Finally, IFS Advisors LLC purchased a new stake in Caterpillar during the 4th quarter worth about $31,000. Institutional investors and hedge funds own 70.98% of the company’s stock.
Insider Transactions at Caterpillar
In other news, CFO Andrew R. J. Bonfield sold 15,674 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were 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 of the company’s stock, valued at approximately $48,631,913.85. This represents a 22.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Anthony D. Fassino sold 16,283 shares of the stock in a transaction dated 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 sale, 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 disclosure for this sale is available in the SEC filing. Insiders have sold 95,773 shares of company stock worth $87,642,635 over the last 90 days. Company insiders own 0.33% of the company’s stock.
Trending Headlines about Caterpillar
- Positive Sentiment: Zacks Research lifted Caterpillar’s earnings outlook for multiple periods, including FY2026, FY2027 and FY2028, signaling stronger profit growth ahead and supporting the long-term bull case for CAT.
- Positive Sentiment: Wall Street commentary ahead of Caterpillar’s Q2 2026 report points to a double-digit rise in profits, suggesting the upcoming earnings release could act as a catalyst if results meet or beat expectations. What to Expect From Caterpillar’s Q2 2026 Earnings Report
- Neutral Sentiment: Investor interest in Caterpillar remains elevated around themes tied to infrastructure, power demand and data-center buildouts, which may provide a broader backdrop of demand for heavy equipment and power-related products. 3 Stocks Riding the AI Data Center Power Buildout in July
- Negative Sentiment: The downgrade to hold from Zacks Research is the most immediate negative catalyst, likely pressuring sentiment despite the improved earnings forecasts.
- Negative Sentiment: Recent trading weakness in CAT also shows investors have been taking profits ahead of earnings, leaving the stock vulnerable to any disappointment in the upcoming report.
Caterpillar Stock Down 4.1%
Caterpillar stock opened at $876.44 on Friday. Caterpillar Inc. has a fifty-two week low of $405.46 and a fifty-two week high of $1,073.46. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. The company has a market capitalization of $403.68 billion, a P/E ratio of 43.63, a PEG ratio of 1.79 and a beta of 1.57. The stock has a 50-day simple moving average of $931.59 and a 200-day simple moving average of $792.83.
Caterpillar (NYSE:CAT – Get Free Report) last released 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. The firm had revenue of $17.41 billion for the quarter, compared to the consensus estimate of $16.53 billion. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The firm’s quarterly revenue was up 22.2% compared to the same quarter last year. During the same quarter last year, the business posted $4.25 EPS. Equities research analysts expect that Caterpillar Inc. will post 24.86 earnings per share for the current year.
Caterpillar Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, July 20th. This is a positive change from Caterpillar’s previous quarterly dividend of $1.51. Caterpillar’s dividend payout ratio is presently 30.06%.
Analysts Set New Price Targets
CAT has been the topic of a number of recent analyst reports. Rothschild & Co Redburn increased their price objective on Caterpillar from $700.00 to $950.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. JPMorgan Chase & Co. boosted their target price on Caterpillar from $1,125.00 to $1,165.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 17th. Morgan Stanley set a $915.00 price target on shares of Caterpillar and gave the company an “equal weight” rating in a research note on Friday, May 1st. Argus raised their price objective on shares of Caterpillar from $820.00 to $990.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Robert W. Baird boosted their price objective on shares of Caterpillar from $1,165.00 to $1,200.00 and gave the stock an “outperform” rating in a research report on Friday, June 26th. Fifteen research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, Caterpillar presently has an average rating of “Moderate Buy” and a consensus price target of $980.57.
Caterpillar 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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