Capital World Investors Grows Stock Position in Caterpillar Inc. $CAT

Capital World Investors grew its stake in Caterpillar Inc. (NYSE:CAT) by 0.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 4,588,281 shares of the industrial products company’s stock after buying an additional 2,280 shares during the quarter. Capital World Investors’ holdings in Caterpillar were worth $2,188,918,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Fisher Asset Management LLC boosted its position in Caterpillar by 2.3% during the second quarter. Fisher Asset Management LLC now owns 9,418,321 shares of the industrial products company’s stock worth $3,656,286,000 after purchasing an additional 208,196 shares in the last quarter. Norges Bank purchased a new position in shares of Caterpillar during the 2nd quarter valued at approximately $2,165,899,000. Bank of New York Mellon Corp grew its stake in Caterpillar by 20.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,553,930 shares of the industrial products company’s stock valued at $1,695,757,000 after acquiring an additional 609,023 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Caterpillar by 1.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,337,915 shares of the industrial products company’s stock worth $1,295,432,000 after acquiring an additional 33,467 shares in the last quarter. Finally, Invesco Ltd. raised its position in Caterpillar by 4.5% during the second quarter. Invesco Ltd. now owns 3,282,720 shares of the industrial products company’s stock worth $1,274,385,000 after acquiring an additional 140,784 shares during the period. Institutional investors and hedge funds own 70.98% of the company’s stock.

Caterpillar Stock Up 3.4%

Caterpillar stock opened at $704.10 on Tuesday. Caterpillar Inc. has a fifty-two week low of $267.30 and a fifty-two week high of $789.81. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.94 and a current ratio of 1.44. The firm has a 50 day moving average price of $683.98 and a 200 day moving average price of $578.41. The company has a market capitalization of $327.61 billion, a PE ratio of 37.41, a price-to-earnings-growth ratio of 1.61 and a beta of 1.53.

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

Caterpillar Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Tuesday, January 20th were issued a dividend of $1.51 per share. The ex-dividend date was Tuesday, January 20th. This represents a $6.04 annualized dividend and a yield of 0.9%. Caterpillar’s dividend payout ratio is 32.09%.

Insider Transactions at Caterpillar

In other Caterpillar news, CAO William E. Schaupp sold 972 shares of Caterpillar stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $764.20, for a total transaction of $742,802.40. Following the completion of the sale, the chief accounting officer directly owned 824 shares of the company’s stock, valued at $629,700.80. The trade was a 54.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Anthony D. Fassino sold 7,891 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $776.90, for a total transaction of $6,130,517.90. Following the completion of the transaction, the insider owned 46,643 shares of the company’s stock, valued at $36,236,946.70. This represents a 14.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 135,950 shares of company stock valued at $94,327,990 over the last quarter. 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: Citigroup raised its price target to $785 and kept a “buy” rating, lending credibility to further upside from current levels. Benzinga / MarketScreener – Citigroup adjusts price target
• Positive Sentiment: Two separate outlets reported higher analyst price targets ($817 and $825), signaling continued analyst optimism and potential upside in consensus estimates. Caterpillar (NYSE:CAT) Price Target Raised to $817.00
• Positive Sentiment: Another reported price-target lift to $825 reinforces the analyst momentum behind the stock. Caterpillar (NYSE:CAT) Price Target Raised to $825.00
• Positive Sentiment: Coverage notes Caterpillar as a long-term favorite trading near 52-week highs, reflecting ongoing demand and bullish technical trends that can attract momentum buyers. Zacks – 2 Long Term Favorite Stocks Trading Near 52-Week Highs
• Positive Sentiment: Caterpillar highlighted new heavy electric-drive dozer technology, supporting its transition into electrified equipment and potential new market openings. Product innovation can support premium valuation over time. Electrek – CAT puts century-old tech to work in its newest, heaviest electric drive dozer
• Positive Sentiment: CEO Ogi Redzic discussed AI, data and industrial innovation—an operational narrative that supports margin expansion and aftermarket/service growth if executed. Investors often reward tech-enabled efficiency gains. Forbes – Caterpillar’s Ogi Redzic On AI, Data And Industrial Innovation
• Neutral Sentiment: Analysis pieces are debating valuation after a short-term pullback: some view the drop as a buying opportunity given multi-year returns, others warn of overvaluation — this keeps sentiment mixed near current levels. Yahoo Finance – Assessing Caterpillar’s Valuation After Recent Share Price Weakness
• Neutral Sentiment: Opinion pieces pose the classic “buy the dip or book profits” question; they increase volatility by prompting both profit-taking and dip-buying among different investor cohorts. Forbes – CAT Stock Pullback: Time To Buy The Dip Or Book Profits?
• Negative Sentiment: The CEO reported a personal sale of roughly $1.8M in Caterpillar stock; insider sales can be interpreted negatively by some investors even if they are routine or pre-scheduled. Caterpillar (NYSE:CAT) CEO Sells $1,797,325.00 in Stock

Analyst Ratings Changes

A number of research firms have recently commented on CAT. Robert W. Baird set a $805.00 target price on shares of Caterpillar in a research note on Friday, January 30th. Citigroup increased their target price on Caterpillar from $760.00 to $785.00 and gave the company a “buy” rating in a report on Monday. DA Davidson boosted their price target on Caterpillar from $569.00 to $650.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. HSBC upped their target price on shares of Caterpillar from $660.00 to $850.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, Truist Financial increased their price objective on shares of Caterpillar from $729.00 to $786.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Sixteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Caterpillar currently has an average rating of “Moderate Buy” and a consensus target price of $726.00.

Caterpillar Company 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.