Independent Advisor Alliance raised its stake in shares of Caterpillar Inc. (NYSE:CAT – Free Report) by 6.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,590 shares of the industrial products company’s stock after buying an additional 2,880 shares during the period. Caterpillar accounts for approximately 0.7% of Independent Advisor Alliance’s portfolio, making the stock its 20th biggest holding. Independent Advisor Alliance’s holdings in Caterpillar were worth $28,408,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of CAT. Pacific Point Advisors LLC bought a new position in Caterpillar during the fourth quarter valued at about $579,000. Brighton Jones LLC raised its holdings in Caterpillar by 51.5% during the fourth quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock valued at $2,688,000 after buying an additional 2,519 shares in the last quarter. United Bank increased its stake in shares of Caterpillar by 108.5% in the second quarter. United Bank now owns 4,083 shares of the industrial products company’s stock worth $1,585,000 after purchasing an additional 2,125 shares during the period. Schnieders Capital Management LLC. increased its stake in shares of Caterpillar by 3.9% in the second quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company’s stock worth $3,551,000 after purchasing an additional 347 shares during the period. Finally, Alliancebernstein L.P. increased its stake in shares of Caterpillar by 6.5% in the second quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company’s stock worth $222,120,000 after purchasing an additional 34,846 shares during the period. 70.98% of the stock is currently owned by institutional investors.
Caterpillar Stock Down 1.6%
CAT stock opened at $912.17 on Wednesday. Caterpillar Inc. has a twelve month low of $336.24 and a twelve month high of $931.35. The company has a market cap of $420.14 billion, a PE ratio of 45.40, a price-to-earnings-growth ratio of 1.86 and a beta of 1.63. The business’s 50-day simple moving average is $765.20 and its 200 day simple moving average is $673.10. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64.
Caterpillar Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 19th. Investors of record on Monday, April 20th will be given a dividend of $1.51 per share. The ex-dividend date of this dividend is Monday, April 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.7%. Caterpillar’s dividend payout ratio (DPR) is 30.06%.
Trending Headlines about Caterpillar
Here are the key news stories impacting Caterpillar this week:
- Positive Sentiment: Argus raised its price target on Caterpillar to $990 from $820 and reiterated a Buy rating, saying it expects strong demand and continued business momentum. Argus Lifts PT on Caterpillar Inc. (CAT), Expects Strong Demand
- Positive Sentiment: Evercore also boosted its price target, lifting it to $1,103 from $878, signaling further upside expectations for shares. Evercore price target update
- Positive Sentiment: Caterpillar released its 2025 Annual and Sustainability Reports, highlighting record full-year sales and revenue in its centennial year and a refreshed strategy focused on profitable growth. Caterpillar Inc. Releases 2025 Annual and Sustainability Reports
- Positive Sentiment: Recent coverage also highlighted Caterpillar’s strong first-quarter results, upbeat full-year guidance, and progress on its share buyback program, all of which support the investment case. Caterpillar (CAT) Is Up 5.9% After Strong Q1…
- Neutral Sentiment: CNBC’s “lightning round” segment featured Jim Cramer saying to buy Caterpillar, adding to the positive sentiment but without new fundamentals. Cramer’s lightning round: Buy Caterpillar
- Negative Sentiment: Insider Anthony D. Fassino sold 16,283 shares at an average price of $916.80, a transaction that may be viewed as a modest negative signal even though he still owns a meaningful stake. Insider trade filing
Analysts Set New Price Targets
CAT has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price objective on Caterpillar from $860.00 to $1,125.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Sanford C. Bernstein lifted their price objective on Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a research note on Friday, May 1st. Wells Fargo & Company lifted their price objective on Caterpillar from $960.00 to $1,050.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Argus lifted their price objective on Caterpillar from $820.00 to $990.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Finally, Williams Trading set a $825.00 price objective on Caterpillar in a research note on Tuesday, March 10th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Caterpillar has a consensus rating of “Moderate Buy” and an average target price of $911.77.
View Our Latest Stock Report on Caterpillar
Insider Buying and Selling at Caterpillar
In related news, insider Anthony D. Fassino sold 16,283 shares of Caterpillar 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 directly owned 46,041 shares of the company’s stock, valued at $42,210,388.80. This trade represents a 26.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Rodney Michael Shurman sold 5,639 shares of Caterpillar stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $903.18, for a total value of $5,093,032.02. Following the sale, the insider directly owned 2,546 shares in the company, valued at $2,299,496.28. The trade was a 68.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 92,017 shares of company stock valued at $81,982,867 over the last quarter. Company insiders own 0.33% of the company’s stock.
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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