Portside Wealth Group LLC Sells 741 Shares of Caterpillar Inc. $CAT

Portside Wealth Group LLC lowered its holdings in Caterpillar Inc. (NYSE:CAT) by 16.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,835 shares of the industrial products company’s stock after selling 741 shares during the quarter. Portside Wealth Group LLC’s holdings in Caterpillar were worth $1,830,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Norges Bank purchased a new position in shares of Caterpillar during the 2nd quarter valued at $2,165,899,000. Groupe la Francaise raised its stake in Caterpillar by 82.0% in the 2nd quarter. Groupe la Francaise now owns 27,246 shares of the industrial products company’s stock valued at $10,820,000 after acquiring an additional 12,278 shares during the period. Union Bancaire Privee UBP SA lifted its holdings in Caterpillar by 155.9% during the third quarter. Union Bancaire Privee UBP SA now owns 47,231 shares of the industrial products company’s stock valued at $21,014,000 after purchasing an additional 28,773 shares during the last quarter. ZEGA Investments LLC boosted its position in Caterpillar by 149.6% during the third quarter. ZEGA Investments LLC now owns 4,184 shares of the industrial products company’s stock worth $1,996,000 after purchasing an additional 2,508 shares during the period. Finally, Palmer Knight Co purchased a new position in shares of Caterpillar in the second quarter worth about $5,884,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Stock Performance

NYSE:CAT opened at $692.01 on Thursday. The stock has a market cap of $323.85 billion, a P/E ratio of 36.77, a PEG ratio of 1.68 and a beta of 1.58. The company has a quick ratio of 0.94, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The business’s 50-day moving average price is $612.04 and its two-hundred day moving average price is $525.73. Caterpillar Inc. has a twelve month low of $267.30 and a twelve month high of $723.16.

Caterpillar (NYSE:CAT) last issued its quarterly earnings data on Thursday, January 29th. The industrial products company reported $5.16 EPS for the quarter, topping the consensus estimate of $4.67 by $0.49. Caterpillar had a return on equity of 45.76% and a net margin of 13.14%.The company had revenue of $19.13 billion during the quarter, compared to analyst estimates of $17.81 billion. During the same quarter in the previous year, the firm earned $5.14 earnings per share. Caterpillar’s revenue was up 17.9% on a year-over-year basis. As a group, equities analysts predict that Caterpillar Inc. will post 19.86 EPS for the current fiscal year.

Caterpillar Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th will be given a dividend of $1.51 per share. The ex-dividend date is Tuesday, January 20th. This represents a $6.04 dividend on an annualized basis and a yield of 0.9%. Caterpillar’s dividend payout ratio (DPR) is presently 32.09%.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. JPMorgan Chase & Co. upped their price target on shares of Caterpillar from $740.00 to $765.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Royal Bank Of Canada increased their target price on Caterpillar from $587.00 to $658.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Caterpillar in a research report on Monday, December 29th. Rothschild & Co Redburn boosted their price objective on Caterpillar from $650.00 to $700.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, Morgan Stanley raised their target price on Caterpillar from $400.00 to $425.00 and gave the stock an “underweight” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $681.86.

More Caterpillar News

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q4 earnings beat and data‑center tailwind — CAT reported Q4 revenue and EPS above estimates, driven by Power & Energy strength as data‑center buildouts boosted demand for turbines and backup power. That underpins near‑term earnings momentum and revenue visibility. Earnings Beat
• Positive Sentiment: Analysts lifting targets and reiterating buys — Multiple firms raised price targets (e.g., Rothschild & Co Redburn raised to $700) and several banks kept/raised positive ratings, creating additional upside catalysts. Rothschild PT Raise
• Positive Sentiment: Record backlog and multi‑year growth plan — Management cites a ~$51B backlog and guidance for 5–7% annual sales through 2030 plus a 25% increase in 2026 capex to expand capacity, which supports conversion of backlog into revenue over time. MarketBeat Backlog Analysis
• Positive Sentiment: Shareholder returns narrative — Coverage highlighting strong free‑cash‑flow and large capital returns (dividends/repurchases) supports investor appetite for the stock. Forbes on Returns
• Neutral Sentiment: Strategic tech partnership — Caterpillar awarded a multi‑year infrastructure modernization engagement to ACI; operationally useful but unlikely to materially move near‑term revenue. ACI Partnership
• Neutral Sentiment: Valuation debate — Coverage notes CAT’s strong run and asks whether shares are rich after the rally; this frames the risk/reward debate for investors but doesn’t change fundamentals immediately. Valuation Coverage
• Negative Sentiment: Large insider selling — Several senior insiders disclosed multi‑million‑dollar sales (e.g., Denise C. Johnson, Anthony Fassino, Bob De Lange) that meaningfully trimmed their holdings; while such sales can be routine, the size of the disposals can fuel short‑term selling or signal profit‑taking at current highs. Insider Sale Filing

Insider Activity

In other news, insider Anthony D. Fassino sold 10,671 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $680.45, for a total value of $7,261,081.95. Following the completion of the transaction, the insider directly owned 41,151 shares in the company, valued at approximately $28,001,197.95. This represents a 20.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lange Bob De sold 15,977 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $682.99, for a total value of $10,912,131.23. Following the transaction, the insider directly owned 79,953 shares in the company, valued at approximately $54,607,099.47. This represents a 16.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 104,677 shares of company stock valued at $66,995,141. 0.33% of the stock is owned by insiders.

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.