Peregrine Asset Advisers Inc. Decreases Stock Holdings in Caterpillar Inc. $CAT

Peregrine Asset Advisers Inc. reduced its position in shares of Caterpillar Inc. (NYSE:CAT) by 32.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,619 shares of the industrial products company’s stock after selling 1,232 shares during the period. Peregrine Asset Advisers Inc.’s holdings in Caterpillar were worth $1,500,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Revolve Wealth Partners LLC lifted its position in shares of Caterpillar by 2.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 681 shares of the industrial products company’s stock worth $390,000 after purchasing an additional 16 shares during the last quarter. Security Financial Services INC. lifted its position in Caterpillar by 0.4% in the fourth quarter. Security Financial Services INC. now owns 3,609 shares of the industrial products company’s stock valued at $2,068,000 after acquiring an additional 16 shares during the last quarter. Purus Wealth Management LLC lifted its position in Caterpillar by 0.5% in the fourth quarter. Purus Wealth Management LLC now owns 3,018 shares of the industrial products company’s stock valued at $1,729,000 after acquiring an additional 16 shares during the last quarter. KWB Wealth lifted its position in Caterpillar by 3.2% in the fourth quarter. KWB Wealth now owns 549 shares of the industrial products company’s stock valued at $315,000 after acquiring an additional 17 shares during the last quarter. Finally, Montecito Bank & Trust lifted its position in Caterpillar by 0.5% in the fourth quarter. Montecito Bank & Trust now owns 3,362 shares of the industrial products company’s stock valued at $1,926,000 after acquiring an additional 17 shares during the last quarter. 70.98% of the stock is owned by hedge funds and other institutional investors.

Caterpillar Price Performance

Shares of NYSE:CAT opened at $890.15 on Monday. The company has a 50-day simple moving average of $746.86 and a 200-day simple moving average of $656.99. Caterpillar Inc. has a one year low of $318.11 and a one year high of $905.00. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.81 and a current ratio of 1.35. The stock has a market capitalization of $414.17 billion, a price-to-earnings ratio of 44.31, a PEG ratio of 2.04 and a beta of 1.63.

Caterpillar (NYSE:CAT) last issued its quarterly earnings results on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, topping 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 in the previous year, the business posted $4.25 earnings per share. The business’s revenue was up 22.2% compared to the same quarter last year. On average, analysts predict that Caterpillar Inc. will post 23.08 EPS for the current year.

Caterpillar Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 19th. Stockholders of record on Monday, April 20th will be paid a dividend of $1.51 per share. 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 payout ratio is 30.06%.

Trending Headlines about Caterpillar

Here are the key news stories impacting Caterpillar this week:

• Positive Sentiment: Q1 beat — Caterpillar reported Q1 revenue of $17.42B and non‑GAAP EPS of $5.54, topping estimates; management cited strong data‑center demand and capacity expansion that helped drive backlog and margins. CAT Q1 Deep Dive: Data Center Demand and Capacity Expansion Drive Strong Results
• Positive Sentiment: BofA hike — Bank of America raised its price target (most recently to $989) and kept a Buy rating, citing power-generation and energy tailwinds, record backlog and parts recovery as drivers of further upside. BofA Securities adjusts Caterpillar price target to $989
• Positive Sentiment: Jefferies raises target — Jefferies increased its price target to $1,045, signaling conviction in continued demand across CAT’s end markets and supporting analyst momentum behind the stock. Jefferies Financial Group Increases Caterpillar Price Target to $1,045.00
• Positive Sentiment: Wave of analyst bullishness — Additional broker notes (JPMorgan, Robert W. Baird, Wells Fargo, Daiwa, Sanford Bernstein, Citigroup) either raised targets or flagged CAT as a buy/overweight, reinforcing the buy-side narrative. Caterpillar Stock Price Expected to Rise, Robert W. Baird Analyst Says
• Positive Sentiment: Quality TV endorsement — Jim Cramer highlighted Caterpillar as a beneficiary of the massive data‑center/AI infrastructure build‑out, which reinforces investor focus on CAT’s exposure to power, cooling and on-site generation demand. Jim Cramer on Caterpillar: “It’s Got a Ton of Business From the Data Center Build-Out”
• Neutral Sentiment: Talent pipeline/newsflow — Caterpillar signed 16 local high‑school seniors to manufacturing roles (hiring/PR positive but not material to near‑term earnings). Caterpillar signs 16 high school seniors to manufacturing roles

Insider Buying and Selling at Caterpillar

In other news, insider Anthony D. Fassino sold 7,891 shares of the business’s stock in a transaction dated 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 transaction, the insider directly owned 46,643 shares in the company, valued at $36,236,946.70. The trade was a 14.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Lange Bob De sold 22,656 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $720.11, for a total transaction of $16,314,812.16. Following the transaction, the insider owned 79,953 shares in the company, valued at approximately $57,574,954.83. This trade represents a 22.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 60,164 shares of company stock valued at $43,748,068. Insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CAT shares. Raymond James Financial reissued a “market perform” rating on shares of Caterpillar in a research report on Wednesday, January 7th. Sanford C. Bernstein boosted their price target on shares of Caterpillar from $769.00 to $879.00 and gave the company a “market perform” rating in a research report on Friday. Barclays boosted their price target on shares of Caterpillar from $700.00 to $800.00 and gave the company an “equal weight” rating in a research report on Friday. Morgan Stanley set a $915.00 target price on shares of Caterpillar and gave the company an “equal weight” rating in a report on Friday. Finally, Argus upped their target price on shares of Caterpillar from $625.00 to $820.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Sixteen investment 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 currently has a consensus rating of “Moderate Buy” and an average price target of $862.32.

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.