Security National Bank lifted its stake in shares of Caterpillar Inc. (NYSE:CAT – Free Report) by 19.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,648 shares of the industrial products company’s stock after buying an additional 920 shares during the quarter. Security National Bank’s holdings in Caterpillar were worth $3,236,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in CAT. Pacific Point Advisors LLC acquired a new position in shares of Caterpillar during the fourth quarter worth about $579,000. Brighton Jones LLC grew its position in shares of Caterpillar by 51.5% during the fourth quarter. Brighton Jones LLC now owns 7,409 shares of the industrial products company’s stock worth $2,688,000 after buying an additional 2,519 shares in the last quarter. United Bank boosted its holdings in Caterpillar by 108.5% in the second quarter. United Bank now owns 4,083 shares of the industrial products company’s stock valued at $1,585,000 after purchasing an additional 2,125 shares in the last quarter. Schnieders Capital Management LLC. boosted its holdings in Caterpillar by 3.9% in the second quarter. Schnieders Capital Management LLC. now owns 9,147 shares of the industrial products company’s stock valued at $3,551,000 after purchasing an additional 347 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in Caterpillar by 6.5% in the second quarter. Alliancebernstein L.P. now owns 572,165 shares of the industrial products company’s stock valued at $222,120,000 after purchasing an additional 34,846 shares in the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.
Caterpillar Price Performance
Shares of NYSE CAT opened at $888.90 on Friday. 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 Inc. has a twelve month low of $336.24 and a twelve month high of $931.35. The stock has a 50 day moving average of $775.21 and a two-hundred day moving average of $680.05. The stock has a market cap of $409.42 billion, a P/E ratio of 44.25, a P/E/G ratio of 1.77 and a beta of 1.63.
Caterpillar Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 19th. Shareholders of record on Monday, April 20th will be paid a $1.51 dividend. The ex-dividend date is Monday, April 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.7%. Caterpillar’s payout ratio is currently 30.06%.
Analyst Ratings Changes
A number of equities analysts recently issued reports on CAT shares. Bank of America upped their price target on Caterpillar from $930.00 to $989.00 and gave the company a “buy” rating in a report on Friday, May 1st. Citigroup upped their price target on Caterpillar from $905.00 to $1,020.00 and gave the company a “buy” rating in a report on Friday, May 1st. Daiwa Securities Group upped their price target on Caterpillar from $790.00 to $900.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Caterpillar in a report on Friday, May 8th. Finally, Williams Trading set a $825.00 price target on Caterpillar in a report on Tuesday, March 10th. Sixteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Caterpillar currently has an average rating of “Moderate Buy” and a consensus target price of $923.14.
View Our Latest Report on Caterpillar
More Caterpillar News
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
Insider Buying and Selling
In other Caterpillar news, insider Lange Bob De sold 24,222 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $922.92, for a total value of $22,354,968.24. Following the completion of the sale, the insider owned 86,029 shares in the company, valued at approximately $79,397,884.68. The trade was a 21.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO William E. Schaupp sold 360 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total value of $326,160.00. Following the sale, the chief accounting officer owned 530 shares of the company’s stock, valued at $480,180. This trade represents a 40.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 103,287 shares of company stock valued at $93,259,774 in the last 90 days. Company insiders own 0.33% of the company’s stock.
About Caterpillar
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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