Rockefeller Capital Management L.P. raised its position in Caterpillar Inc. (NYSE:CAT – Free Report) by 22.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 346,392 shares of the industrial products company’s stock after purchasing an additional 62,895 shares during the period. Rockefeller Capital Management L.P.’s holdings in Caterpillar were worth $198,438,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Torren Management LLC acquired a new stake in Caterpillar in the 4th quarter valued at about $27,000. Frazier Financial Advisors LLC increased its holdings in Caterpillar by 220.0% during the 4th quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 33 shares in the last quarter. IFS Advisors LLC acquired a new position in Caterpillar during the fourth quarter worth about $31,000. Cornerstone Financial Management LLC purchased a new stake in shares of Caterpillar in the fourth quarter valued at about $32,000. Finally, Rialto Wealth Management LLC increased its stake in shares of Caterpillar by 47.4% during the 4th quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 18 shares in the last quarter. Institutional investors and hedge funds own 70.98% of the company’s stock.
Caterpillar Stock Up 0.2%
Shares of NYSE CAT opened at $987.79 on Friday. The firm has a market cap of $454.97 billion, a P/E ratio of 49.17, a price-to-earnings-growth ratio of 1.95 and a beta of 1.59. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. Caterpillar Inc. has a 1 year low of $357.73 and a 1 year high of $994.49. The firm’s 50 day moving average price is $875.06 and its 200 day moving average price is $740.37.
Caterpillar Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Monday, July 20th will be paid a $1.63 dividend. The ex-dividend date is Monday, July 20th. This is an increase from Caterpillar’s previous quarterly dividend of $1.51. This represents a $6.52 annualized dividend and a yield of 0.7%. Caterpillar’s payout ratio is currently 30.06%.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on CAT shares. Citigroup upped their target price on Caterpillar from $905.00 to $1,020.00 and gave the company a “buy” rating in a research note on Friday, May 1st. UBS Group reissued a “neutral” rating and issued a $900.00 price target on shares of Caterpillar in a report on Tuesday, June 2nd. Wolfe Research upped their price objective on Caterpillar from $670.00 to $750.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Williams Trading set a $825.00 price objective on Caterpillar in a research note on Tuesday, March 10th. Finally, 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 report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Caterpillar has an average rating of “Moderate Buy” and an average price target of $935.09.
Read Our Latest Stock Analysis on Caterpillar
Insider Activity
In related news, CFO Andrew R. J. Bonfield sold 15,674 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $918.71, for a total transaction of $14,399,860.54. Following the transaction, the chief financial officer directly owned 52,935 shares in the company, valued at approximately $48,631,913.85. This represents a 22.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Lange Bob De sold 24,222 shares of the firm’s stock in a transaction dated 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 directly 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 95,773 shares of company stock valued at $87,642,635 in the last three months. Company insiders own 0.33% of the company’s stock.
Trending Headlines about Caterpillar
Here are the key news stories impacting Caterpillar this week:
- Positive Sentiment: Caterpillar was highlighted by Zacks as one of five non-tech “wide moat” stocks to own for a stable second half of 2026, reinforcing the view that CAT has durable competitive advantages and can be a defensive portfolio holding. Article Title
- Positive Sentiment: Multiple articles noted that CAT was one of the day’s top industrial stocks to watch and an outperforming Dow name, which can attract momentum buyers and support the shares. Article Title
- Positive Sentiment: Recent coverage emphasized Caterpillar’s strong earnings-based run, with the stock rising sharply on heavier-than-average volume after investors reacted favorably to its latest results and bullish price action. Article Title
- Neutral Sentiment: Analyst commentary said CAT remains a “Moderate Buy,” which supports sentiment but does not by itself add a new catalyst. Article Title
- Negative Sentiment: One Zacks note warned that earnings estimate revisions may not support continued near-term gains, suggesting the stock could face some consolidation after its recent surge. Article Title
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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