AlphaCore Capital LLC Boosts Holdings in Caterpillar Inc. $CAT

Posted by George Bondi on May 17th, 2026

AlphaCore Capital LLC grew its position in Caterpillar Inc. (NYSE:CAT – Free Report) by 60.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,549 shares of the industrial products company’s stock after purchasing an additional 1,705 shares during the period. AlphaCore Capital LLC’s holdings in Caterpillar were worth $2,606,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Applied Finance Capital Management LLC grew its stake in shares of Caterpillar by 18.2% in the 4th quarter. Applied Finance Capital Management LLC now owns 5,081 shares of the industrial products company’s stock valued at $2,911,000 after buying an additional 783 shares during the period. IMG Wealth Management Inc. grew its stake in shares of Caterpillar by 4.7% in the 4th quarter. IMG Wealth Management Inc. now owns 530 shares of the industrial products company’s stock valued at $304,000 after buying an additional 24 shares during the period. Compton Financial Group LLC purchased a new stake in shares of Caterpillar in the 4th quarter valued at approximately $221,000. Northwestern Mutual Wealth Management Co. grew 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 buying an additional 1,281,087 shares during the period. Finally, Isthmus Partners LLC purchased a new position in shares of Caterpillar during the 4th quarter worth approximately $2,951,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Caterpillar News Summary

Here are the key news stories impacting Caterpillar this week:

Positive Sentiment: Rothschild & Co Redburn lifted its price target on Caterpillar to $950 from $700, signaling continued upside potential despite keeping a neutral rating. Rothschild & Co Redburn adjusts price target on Caterpillar to $950 from $700, maintains neutral rating
Positive Sentiment: Commentary from Jim Cramer called Caterpillar “a buy,” citing oil and gas exposure, infrastructure spending, and AI data-center power demand as potential tailwinds. Jim Cramer Says Caterpillar Is a Buy
Positive Sentiment: Caterpillar said it is hiring 600 workers at its Sanford, North Carolina plant to support compact track loader production, suggesting strong demand and added manufacturing activity. Caterpillar hiring 600 jobs at Sanford plant
Positive Sentiment: Industry research on Saudi Arabia’s construction equipment market pointed to Caterpillar as a key player in a market expected to grow steadily through 2030, supported by large infrastructure projects. Saudi Arabia Construction Equipment Industry Research 2026-2031 Featuring Caterpillar

Insiders Place Their Bets

In other news, insider Denise C. Johnson sold 12,605 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $907.91, for a total value of $11,444,205.55. Following the sale, the insider directly owned 49,825 shares in the company, valued at approximately $45,236,615.75. This trade represents a 20.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Anthony D. Fassino sold 16,283 shares of Caterpillar stock in a transaction 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 sale, the insider owned 46,041 shares in the company, valued at $42,210,388.80. This represents a 26.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 103,287 shares of company stock worth $93,259,774. 0.33% of the stock is currently owned by insiders.

Caterpillar Price Performance

Shares of CAT opened at $888.90 on Friday. Caterpillar Inc. has a twelve month low of $336.24 and a twelve month high of $931.35. The firm’s fifty day simple moving average is $775.21 and its 200-day simple moving average is $680.05. The firm has a market capitalization of $409.42 billion, a price-to-earnings ratio of 44.25, a PEG ratio of 1.77 and a beta of 1.63. 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 announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 earnings per share for the quarter, beating analysts’ consensus estimates of $4.65 by $0.89. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The business had revenue of $17.42 billion for the quarter, compared to analyst estimates of $16.53 billion. During the same period last year, the business earned $4.25 EPS. The company’s revenue was up 22.2% on a year-over-year basis. Equities analysts forecast that Caterpillar Inc. will post 24.48 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th will be issued a $1.51 dividend. This represents a $6.04 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, April 20th. Caterpillar’s dividend payout ratio (DPR) is presently 30.06%.

Analyst Ratings Changes

CAT has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Caterpillar from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Evercore reiterated an “outperform” rating and set a $1,103.00 target price on shares of Caterpillar in a report on Monday, May 11th. Royal Bank Of Canada increased their target price on shares of Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a report on Friday, January 30th. Williams Trading set a $825.00 target price on shares of Caterpillar in a report on Tuesday, March 10th. Finally, Jefferies Financial Group increased their target price on shares of Caterpillar from $900.00 to $1,045.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Sixteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Caterpillar has an average rating of “Moderate Buy” and an average price target of $923.14.

View Our Latest Research Report on CAT

About Caterpillar

(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.

Featured Stories

Want to see what other hedge funds are holding CAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Caterpillar Inc. (NYSE:CAT – Free Report).

Institutional Ownership by Quarter for Caterpillar (NYSE:CAT)

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